Aspiring Financial Adviser (Old Mutual)

About the role

Old Mutual, one of South Africa's oldest and most established financial services groups, is recruiting for its Aspiring Financial Adviser role, an entry level position aimed at self-motivated individuals who want to build a long term career in financial advisory rather than simply take a first job in the sector. This role is one of several tiers within Old Mutual's adviser career path, which typically progresses from Aspiring Adviser through to Salaried and then Advancing Financial Adviser as consultants build their client base and track record.

Old Mutual has operated in South Africa for well over a century and remains one of the continent's most recognised names in life insurance, investment, and financial planning. The Aspiring Financial Adviser role sits at the entry point of this adviser career ladder, giving new advisers structured training, mentorship, and support as they learn to build and manage their own book of clients, an area of financial services that rewards genuine relationship building and consistent effort over raw academic credentials.

The role itself centres on providing holistic financial advice to individual clients, covering areas such as life insurance, savings, investment planning, and retirement provision. New advisers spend their early period building product knowledge and advisory skills under structured mentorship, learning Old Mutual's advice methodology, and beginning to build their own client relationships from the ground up. Because the role is fundamentally entrepreneurial in nature, income is generally structured around commission and production, though Old Mutual typically provides a training allowance or similar support during the initial development period to help new advisers get established.

To qualify, candidates generally need a Matric certificate as a baseline, along with a valid driver's licence and access to a vehicle, since client meetings often happen at a time and place convenient to the client rather than purely in branch. Strong communication skills, self-discipline, and a genuinely entrepreneurial mindset matter more here than a specific degree, since the role rewards people who can build relationships, manage their own time effectively, and stay motivated through a commission based income structure, particularly in the early months while a client base is still being built. Regulatory requirements under FAIS, including specific fit and proper training, are completed as part of the onboarding and development process rather than being a prerequisite to apply.

This role suits people who are drawn to sales and advisory work, comfortable with a performance based income structure, and interested in financial services as a genuine long term profession rather than a short term job. It also particularly suits candidates who enjoy independence in how they structure their working day, since advisers typically manage their own diaries and client outreach rather than following a fixed shift pattern.

Because Old Mutual recruits Aspiring Financial Advisers on an ongoing basis across branches and franchise offices nationwide, available locations shift regularly depending on regional business needs. Applicants should visit the official Old Mutual careers portal, search current openings for "Aspiring Financial Adviser," and select a location realistic for building a local client base. As with any commission based advisory role, applicants should apply only through Old Mutual's own official careers platform and treat any request for upfront payment, whether framed as a licensing fee or otherwise, as a red flag.

Requirements

• Matric certificate
• Valid driver's licence and access to a vehicle
• Strong communication and interpersonal skills
• Self-motivated, entrepreneurial mindset
• Willingness to complete FAIS fit and proper training during onboarding