Want a Career Change? Maybe You Should Become a CERTIFIED FINANCIAL PLANNER[™ Professional]

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Want a Career Change? Maybe You Should Become a CERTIFIED FINANCIAL PLANNER[™ Professional]

Sep 19, 2018

One of the most in-demand well-paying jobs in the U.S. isn’t in Silicon Valley or on Wall Street, and you can train for it with an online course.

It’s a subject close to my heart — I’m pursuing it myself.

Financial advising is a fast-growing field that’s expected to soar in demand as fewer American workers have pension plans and find themselves navigating their financial futures on their own. One way into this career path is to become a certified financial planner. It’s a popular choice for career-switchers in their 30s and 40s. (I’m not leaving my job as a personal-finance reporter; I’m studying to be a CFP[® professional] to add to my own knowledge of the hidden pitfalls of retirement planning.)

“They decide they want the credibility, competency and confidence — or even the additional compensation — that comes with CFP® certification,” said Kevin Keller, chief executive officer of the Certified Financial Planner Board of Standards. CFP[® professionals] make a median salary of $66,000, according to PayScale. Comparatively, the median household income in the U.S. was $61,372 in 2017, according to the U.S. Census Bureau.

If you’re thinking of going down this road, here’s what you need to know… Read more >

MarketWatch
By Alessandra Malito
September 19, 2018

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Did You Know?

Among clients who work with an advisor, 87% of those working with a CFP® professional are satisfied or very satisfied, compared with 72% of those who work with an advisor without certification.
Anyone can call themselves a “financial planner.” Only professionals who meet CFP Board’s rigorous standards can call themselves CERTIFIED FINANCIAL PLANNER™ professionals.
The 2013 Household Financial Planning Survey shows that those with a financial plan feel more confident and report more success managing money, savings and investments than those without a plan.
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