A personal financial advisor provides advice to help individuals manage their finances and plan their financial future.
Question:
A personal financial advisor provides advice to help individuals manage their finances and plan their financial future. According to the U.S. Bureau of Labor Statistics, the need for financial planners is expected to increase about 4 percent a year between now and 2029, and financial planners earn salaries that are above average. Most financial planners have a bachelor's degree in finance, economics, insurance, or business; the most qualified financial planners have advanced training and have passed an exam to become a Certified Financial Planner (CFP). Individuals who pass the CFP exam are certified by the Certified Financial Board of Standards.
Action items:
1. Locate more information about a career in financial planning. You may want to begin your search for career information by visiting the Certified Financial Planning (CFP) Board website at https://www.cfp.net/.
2. Describe in a one- to two-page report what type of qualifications and work experience you must have to become a CFP. Also indicate in your report if you would be interested in a career in financial planning based on the information you have obtained on the CFP website.
Step by Step Answer:
Personal Finance
ISBN: 9781264101597
14th Edition
Authors: Jack Kapoor, Les Dlabay, Robert Hughes, Melissa Hart