If you are comfortable with Mathematics, have strong analytical skills and are fascinated with investment studies, then a Financial Planner Certification is a good fit for you. Today, it has become even more essential to plan and invest and to prepare yourself for future. The salary and pensions are on a low, the expenses are on a high, hence the social security is also in trouble. People in such a time are going more to the finance professionals for advice and those fresh from high school see glorious career opportunity as Certified Financial Planners.
Have you ever wondered how much money does a Financial Planner make? In Business also, they are always surrounded by money and constantly think about investments, savings, budgets and Return on Investments. But, like any other career, the money made by a professional with CFP Certificate depends upon several factors like education, qualifications, clientele, stock markets and of-course experience.
Still, it is very usual for a person just out from a Financial Planning Association to earn about $30,000 annually, and those experience can earn up-to $120,000 annually. And then there are big league players like Warren Buffet, who earn a million dollars just through investments.
Now if these figures touch you somewhat, few questions may be popping up. You would like to know- How to become a Financial Planner? Where can I get Certified Financial Planner Training? To reach to the door of a CFP School, you will have to start your journey from the College level. You should look for a Bachelors Degree in Finance with Maths, Accounts, Statistics and Economics. After graduation, you can go for courses like tax law, finance law, estate and investment planning to be a step ahead in your career path. You will also require a minimum three years of experience before you enroll with the Financial Planning Association.
Once you get the degree and experience you can get a CFP Certification from the CFP Board of Standards and Practices. You will have to join some classes in order to prepare yourself for one of the toughest exams to crack before you get into a CFP School. There are numerous websites linked with Financial Planning Association available who can provide you with online Financial Planner Training. They provide you with study material, lists of authors and their books, tips on preparing the real test and score above the cutoff. Frequent lectures from known professors and working professionals to give you their insights and help you with problem solving.
Although there are many people who have opened their own centers and are advising people without any recognition from CFP Board. But the time given on the preparation and training is worth. The Certificate is a proof of your knowledge, skills and credibility. Good companies give good job with good pay to CFP. The title CFP will be very essential in career as a financial adviser. Once you are done with the CFP, you can advance further by pursuing a Chartered Financial Consultant Designation only if you are brilliant and outstanding with your academic results.
In conclusion, just keep in mind that the time and cost consumed in research about how to become a financial planner won’t be a waste. Once you come out from Certified Financial Planner School with Financial Planner Training, your certificate would be admired and your skills will pay you big.