Are you looking for a rewarding career that lets you help others secure their future while building yours? Becoming a financial advisor in the Philippines might just be the right path for you.
Whether you’re fresh out of college, shifting careers, or looking to earn more through flexible work, this guide will walk you through everything you need to know to get started.
What Is a Financial Advisor?
A financial advisor helps individuals and families plan for their financial future. This includes insurance protection, savings, investments, retirement planning, and more.
In the Philippines, financial advisors are licensed by the Insurance Commission and usually work with life insurance companies offering both traditional and investment-linked (VUL) products.
Why Become a Financial Advisor?
Here are 5 top reasons why many Filipinos choose this career:
- Unlimited Income Potential – Earn through commissions, incentives, and bonuses. Top advisors make six to seven figures annually.
- Flexible Schedule – Be your own boss. Manage your time and work at your own pace.
- Personal Growth – You’ll learn about finance, communication, leadership—and apply them in daily life.
- Impactful Work – Help people protect what matters most: their family, income, and dreams.
- Residual Income – Many insurance products give recurring commissions for 3–5 years—even if you stop selling!
Step-by-Step: How to Become a Financial Advisor in the Philippines
Find a Licensed Life Insurance Company
Look for a company that offers training, licensing support, and good commission rates. (Tip: Inspiralife offers 40–45% commissions and full support!)
Attend the Company Orientation
Learn about the products, commission structure, training program, and application process.
Apply for the Insurance Commission Exam
You need to pass the Variable Life (VUL) and/or Traditional Insurance licensure exams. Each costs ₱1,010.
Exam Requirements:
- At least 18 years old
- Valid ID
- 2×2 ID photo with white background
Pass the Exam and Get Licensed
Once licensed, you’ll receive your Agent’s License Number from the Insurance Commission.
Start Selling with a Licensed Manager or Agency
You’ll work under a unit head or agency manager who will help you close sales and guide your growth.
Skills You’ll Need
- Communication Skills – You must know how to listen, present, and explain concepts clearly.
- Empathy – Clients need to feel you care before they trust you.
- Financial Knowledge – Learn about insurance, investments, budgeting, etc. (Enroll to our Financial Planning Course.)
- Consistency & Discipline – This is a business. The more effort you put in, the more you earn.
FAQs
Q: Do I need to be a finance graduate?
A: No. All backgrounds are welcome, as long as you’re coachable and passionate about helping others.
Q: Can I do this part-time?
A: Yes. Many start part-time before going full-time once their income stabilizes.
Q: How much can I earn?
A: It depends on performance. New advisors can earn ₱20k–₱50k/month, while top advisors earn ₱100k+.
Start Your Journey with Inspiralife
At Inspiralife, we’re building a new generation of financial advisors who lead with integrity and grow with purpose.
-
40–45% commission rate - Free training & coaching
- 5-year recurring income
- Remote work flexibility
- Supportive community of leaders
Ready to begin?
SIGN-UP TODAY
