Financial Planner
Personal financial advisors assess clients' financial situations and develop comprehensive plans for investments, insurance, taxes, retirement, and estate planning. They build long-term client relationships and adjust strategies as circumstances change. The BLS reports a median salary of $95,390 with 13% projected growth, much faster than average. A bachelor's degree is required, and the CFP certification is highly valued.
A Day in the Life
A typical day starts by reviewing portfolio performance and market updates. The morning involves a meeting with a young couple to build a savings plan for their first home. After lunch, the planner creates a retirement projection for a client nearing age 60 and prepares a rebalancing recommendation. Late afternoon includes prospecting calls to potential new clients and completing compliance paperwork for recent investment transactions.
Key Stats
Education
Bachelor's Degree
Salary Range
Entry: $53,000
Median: $95,390
Senior: $160,000
Job Growth