Becoming A Financial Planner: A Primer

In theory anyone who knows how to save money and invest it wisely can become a financial planner. However like any other career becoming a financial planner also requires you to fulfill certain prerequisites.

How to become a financial planner? First of all you need to receive proper education and training in finance to become financial adviser or a financial planner. It helps you get employed with respectable companies and attract clients as well.

You need to have a bachelor's degree in Accounting, Economics, Finance, Marketing, Business or Commerce. If you have done any courses in Mathematics or Computer Science, they serve as an additional advantage. Along with these academic qualifications, you also have to receive an extensive on-the-job training that can range from six months to two years.

Apart from these basic qualifications, you need to have a certification. The certification provides you with an incomparable credibility. This also helps establish your client's belief in you as they consider the fact that you have undergone proper training and testing in the field.

The certification is provided by the Certified Financial Planner Board of Standards. To get the certification you need to undertake a certified financial planner examination. There are approximately 285 colleges and universities that can help you prepare for this exam. Apart from the exam you also need to have three years of full-time work experience.

To get the designation of a certified financial planner you have to make a promise to follow a set of ethics. Also you have to meet certain continuing-education requirements.

And once you are finished with earning the certification, it is time to move in for the action. The fastest way you can become a financial planner is to sign up with a respected financial services company.

For that you need to be adept at analytical, numerical, computer, and problem-solving skills. Also you need to develop high-quality communication and interpersonal skills. These are very important as you need to communicate with your clients on a daily basis.

These skills coupled with your qualification will help you join a good financial services company. There you will get wonderful 'on the job' training where you will get a hands-on experience. Also you will establish your credibility. This will help you in the long run.

After you acquire considerable experience, armed with your certified financial planner certification you can even start your own businesses. The experience earned at a respectable firm will help you attract more and more clients which in turn will help you become successful.

So, becoming a financial planner is no rocket science. You just need to be qualified and have enough experience to perform your job sincerely.

Financial Planner Career >> Privacy Policy >> Contact >> Legal Disclaimer