Career as a Financial Planner? I am looking for advice on a career as a financial planner.?

Question

I have a strong background in tax and accounting. I worked for a CPA firm for about 4 years. I have a BS in Accounting. I became interested in Tax and Personal Financial Planning my senior year of college. I really would like to help people with their finances and savings, that is where my heart is. My only problem is that I don't want to really be a salesperson. I guess I would have to if it is a necessary evil. Also I have read about fee only advisors. Can someone please give me more insight in financial advising as far as what it really entails?

Answer 1

The U.S. Department of Labor Bureau of Labor Statistics
Occupational Outlook Handbook is a great resource for information about specific jobs.

Here's the information on Financial Analysts and Personal Financial Advisors http://www.bls.gov/oco/ocos259.htm

For information on a career in financial planning, you may also contact:

The Financial Planning Association, 4100 E. Mississippi Ave., Suite 400, Denver, CO 80246-3053. Internet: http://www.fpanet.org

Answer 2

nicely, understand there are 2 varieties of economic planners, people who artwork for the institutions and the independents. once you artwork for an corporation, it expects you to push its product, your commissions variety in line with what you sell and how lots. this would compromise your judgement on account which you have a quota to make. however the very maximum suitable leads you may get is from shoppers who're happy with your provider. be attentive to mouth is your maximum suitable pal or worst enemy. continually placed the customer and your rep earlier the corporate. If this turns into your concentration, then acquaintances and kin are organic leads and become the genesis of a destiny community of leads and it is your rep that's construction it. ultimately, you continually would desire to undergo in strategies that a planner isn't a product pusher first, yet a planner first and which ability you make investments the time to renowned your shoppers desires after which comes the product. i'm an self sustaining planner, i understand my shoppers intimately and propose them on all factors of private finance. I artwork for them, cost an hourly fee and make no factor money off of them. i'm getting all my leads via them and each 300 and sixty 5 days for the previous 10 years I even have raised my customer minimums( ie billable hours, investment sources etc) so i will shop my hours right down to approximately 60 each week.