04/21/2015 5:56 PM
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After a successful career in Technology as a software developer and managing projects, I became disenchanted after all the mergers my bank went through, creating a distinct culture change. I know longer felt I was making a difference for my business clients on projects, as we then began managing to man-made
projects dates rather than defining goals/objectives, developing and implementing solutions to support our client's success; repeatedly implementing projects that just didn’t meet the needs and expectations of clients. I looked for an area where I could use my transferrable skills and feel I was making an impact in the lives of individuals and families. Financial Planning was that area for me.
Transitioning careers is hard, especially at 40. I needed to make contacts in the field of Financial Planning, learn about what I wanted for my career; What would my niche be? Would I be fee-only, commission based or a hybrid? Would I do planning, investments, insurance? Would I be a sole-practitioner or part of a team? Would I work for an RIA or a large firm? How would I connect with clients and grow a practice; Practice Management and Marketing were big concerns. There was much to learn.
The Financial Planning process is very similar to the Project Management process and project lifecycle. I believe that previous skills developed in client engagement, collaboration, problem solving, and strategic thinking are most relevant in my career in Financial Planning.
I believe that building relationships and having passion for what I am called to do, have been the most important factors in my career success; relationships with colleagues, organizations, communities and individuals. The most rewarding part of my career as a CFP® professional has been knowing that I can be a
contribution to community and positively impact the lives of individuals and families though my work.
For women considering a career in Financial Planning; I would say that this is an opportunity to impact the lives of other women, their families and our communities. Get yourself a mentor and align yourself with liked-minded individuals and organizations like the Financial Planning Association and the CFP Board to support your success.