If you ever thought about becoming a financial planner, then this article is for you. You will learn everything you ever wanted to know about becoming a financial planner.
My dad is a financial planner, and he really like it because he said that you became friends with your client and it doesn't feel like an everyday job because you interact with people.
Financial planners determine how their clients can meet lifelong financial goals through management of resources. They examine the financial history-past and current-of their client's assets and suggest exactly what steps the client needs to take in the future to meet her goals.
A normal day in the life of a financial planner is " you wake up you do your things, you go to work, you go meet with your client's other advisors-attorneys, accountants, trust officers, investment bankers-in order to fully understand their client's financial goals and help them reach them". That a typical day but as a financial planner you decide what you want to do in your day.
They usually work in an office at the bank, but they have many many meetings to go to, and they will move to see their clients where they say they going to meet.
To become a financial planner you need to have a Certified Financial Planner (CFP) by the Financial Planning Standards Council (FPSC) of Canada. You will find this certificate at any university in Canada
They make $88,890 in 2018. The best-paid 25 percent made $157,710 that year.
They are not obligated to get this certificate but it will help them. Association for Investment Management and Research/CFA Institute: Chartered Financial Analyst (CFA) Registered Financial Planners Institute (RFP) Canadian Institute of Chartered Life Underwriters and Chartered Financial Consultants (CLU) Canadian Institute of Financial Planning (CIFP) Chartered Financial Planner (CFP) Canadian Securities Institute (CSI): Fellow of the CSI Personal Financial Planner (PFP) of the Canadian Securities Institute (CSI) Certified General Accountants Association of British Columbia or of a Canadian province or territory: Certified General Accountant (CGA) Certified Management Accountants Society of British Columbia or of a Canadian province or territory: CMA (Certified Management Accountant) Institute of Chartered Accountants of British Columbia: Chartered Accountant (CA)
The only dangerous thing you can do in this job is to not give a good service and the people will not appreciate and tell your boss and if it's not the first time you might get fired.
There is no chance for a financial planner to get replaced by a robot because this job need to be interacting with humans to see what they really need and how can they obtain that
They usually retire at the age of 65 years old but you just need good advice and maybe you could do more and retired later
There it is all you got to know about being a financial planner.
Rationale: to inform or educate
Authority: government
Accuracy: probably true
Relevance: relevant for this document
Sources: no sources cited
Rationale: to inform or educate
Authority: research journal
Accuracy: probably true
Relevance: relevant for this document
Sources: no sources cited