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How to be a great team player in financial services  1 Jun 2026

Success in financial services isn’t just about technical expertise – it’s about working effectively with others. Discover the key traits of a great team player, from strong communication and collaboration to professionalism and ethical decision-making, and learn why these skills are essential for building a successful career in financial advice and planning.

Behind every successful financial services business is a team that communicates effectively, adapts to change and works towards shared goals.

In today’s professional environment, being a good team player is about more than simply getting along with colleagues. Strong collaboration, communication and ethical decision-making are essential skills – especially for professionals exploring careers in financial advice and planning.

When understanding how to become a financial adviser or financial planner, employers are increasingly looking for professionals who can combine technical expertise with strong interpersonal skills.

Communication is key

Effective communication is one of the most important foundations of a high-performing team.

Whether you’re working towards becoming an adviser or already working in financial services, clear communication helps teams collaborate more effectively and deliver better outcomes for clients.

To contribute effectively within a team:

  • Listen actively
  • Ask questions when clarification is needed
  • Share updates proactively
  • Be open to feedback and new ideas
  • Confirm responsibilities and deadlines

Strong communication also helps build trust – an essential skill for professionals working in client-facing roles.

Understanding professional expectations

For aspiring advisers wanting to understand how to become a fully certified, understanding industry standards is important.

The Australian financial advice industry has evolved significantly through professional education and ethics requirements often associated with the Financial Adviser Standards (FAS) standards (formerly FASEA), including:

  • ASIC education requirements
  • FAS-approved degree pathways
  • The ASIC exam
  • The ASIC Code of Ethics

While regulations continue to evolve, ethical behaviour, accountability and professionalism remain critical qualities for financial planners and advisers. Kaplan Professional’s Financial Adviser Accelerator Suite offers topics to directly address these important professional expectations for an adviser. Click here to find out more.

What makes a strong team player?

Whether you’re entering financial services or progressing into leadership, strong team players typically demonstrate:

Reliability: Delivers accurate, high-quality work and follows through on commitments.

Accountability: Takes ownership of responsibilities and outcomes.

Collaboration: Works constructively with others and values different perspectives.

Adaptability: Responds positively to change and new challenges.

Professionalism: Communicates respectfully and contributes positively to workplace culture.

Ethical decision-making: Acts with integrity and aligns behaviour with professional standards such as ASIC’s 12 Code of Ethics standards.

Building Future-Ready Skills

Many professionals exploring how long it takes to become an adviser or researching financial planning industry salaries in Australia also recognise the importance of workplace capability skills.

Technical knowledge is essential, but employers also value professionals who can:

  • Collaborate effectively
  • Communicate clearly
  • Build client relationships
  • Adapt to evolving industry expectations

Kaplan Professional offers financial planning and professional development programs designed to help students build both technical knowledge and workplace-ready skills aligned with current industry standards. Specifically, the Financial Adviser Accelerator Suite designed to focus on building essential client engagement skills and financial advice fundamentals. Topics such as Navigating ethical dilemmas in financial advice and Client centric problem-solving strategies and techniques aim to help develop these important qualities.

Effective teamwork is critical to organisational success

Great teams are built on communication, trust and shared accountability.

In financial services, professionals who combine technical expertise with strong teamwork and leadership skills are better positioned for long-term success.

Because when individuals work effectively together, teams and organisations perform at their best.

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