What is a CFP?
CFP stands for Certified Financial Planner. There are three main requirements for becoming a CFP. First, there is an education requirement, second you need a certain amount of experience, and finally you need to pass an exam. Ethics is also very important for becoming a CFP. You need to pass their ethics exam. As a CFP you are a financial planner, or adviser, someone who helps people plan their finances and investments.
If you have an extensive knowledge of finances, you love to plan and budget your finances, and you often find yourself giving financial advice to friends and family, you might be considering doing it as a career. Financial advising can be a very lucrative business on top of helping others achieve their financial dreams when they don't have the same knowledge and expertise. Financial advising is a great career to get into.
Education is the first place to start. A bachelor's degree in accounting or finance is a great place to begin. You have to ave a good understanding of finance in order to help people with money. With an education you can build trust with the people you work with and gain more clients.
You will need more than just a bachelor's degree, though. If you are already certified as a public accountant, CPA, you will have all your education requirements fulfilled. If you don't have that much education, consider going for an MBA. You will also need a good amount of experience. Get a job in finance, study, and take the right tests.
With the right education and certification, you can begin your career as a financial adviser. Once you are certified, there is more than one route to take. You can set up your own practice or work for a firm.
As a financial planner, you have to be ready and willing to work with people. If you have zero people skills, you will have a lot of trouble with this career. You can't just think that your love for stocks will translate over, you need to be well-rounded. If you think this is something you want to do, I encourage you to look into it further.
Once you have gotten a job or set up a practice, you need to start getting clients. If you have your own practice, start with people you know. As you were preparing for you new career, hopefully you have developed some good relationships with possible clients.
If you think you want to be a CFP, learn more about it. Adjust your education and time planning to fit a schedule that will take you there.
If you have an extensive knowledge of finances, you love to plan and budget your finances, and you often find yourself giving financial advice to friends and family, you might be considering doing it as a career. Financial advising can be a very lucrative business on top of helping others achieve their financial dreams when they don't have the same knowledge and expertise. Financial advising is a great career to get into.
Education is the first place to start. A bachelor's degree in accounting or finance is a great place to begin. You have to ave a good understanding of finance in order to help people with money. With an education you can build trust with the people you work with and gain more clients.
You will need more than just a bachelor's degree, though. If you are already certified as a public accountant, CPA, you will have all your education requirements fulfilled. If you don't have that much education, consider going for an MBA. You will also need a good amount of experience. Get a job in finance, study, and take the right tests.
With the right education and certification, you can begin your career as a financial adviser. Once you are certified, there is more than one route to take. You can set up your own practice or work for a firm.
As a financial planner, you have to be ready and willing to work with people. If you have zero people skills, you will have a lot of trouble with this career. You can't just think that your love for stocks will translate over, you need to be well-rounded. If you think this is something you want to do, I encourage you to look into it further.
Once you have gotten a job or set up a practice, you need to start getting clients. If you have your own practice, start with people you know. As you were preparing for you new career, hopefully you have developed some good relationships with possible clients.
If you think you want to be a CFP, learn more about it. Adjust your education and time planning to fit a schedule that will take you there.
About the Author:
Financial planning can be a wonderful career. Learn more about basic financial planning and more about personal financial planning in order to help teach ordinary people to plan their money.
posted by Credit Counseling at
9:49 AM
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