Financial Planner
On this page
- What's it like to be a Financial Planner?
- How to become a Financial Planner
- Latest Financial Planner jobs
- Top skills and experience for Financial Planners
What's it like to be a Financial Planner?
Financial Planners play an essential role in helping individuals and families to attain their financial goals. They provide advice on a range of financial aspects - from investment strategies to retirement planning - tailored to the unique needs of their clients. They provide comprehensive guidance to support their client’s specific financial goals. Financial Planners work in various settings, from banks and financial institutions to independent consulting.
Tasks and duties
- Conducting a full analysis of a client's current financial position by reviewing income, expenses, debts and assets.
- Helping establish, monitor, and adjust clients’ clear financial goals.
- Developing strategies for savings, investments, and risk management based on goals.
- Providing insight into investment options to assist in making financial decisions.
- Assisting clients in planning for retirement.
- Assessing and mitigating financial risks by suggesting strategies to protect against unexpected events.
- Crafting tax-efficient strategies while remaining compliant with tax regulations.
How to become a Financial Planner
To become a Financial Planner you’re required to have a bachelor degree in a relevant field, such as finance, economics, or business.
Complete a bachelor degree in a relevant field such as finance, economics, or business.
Gain practical experience in an entry-level role such as Financial Analyst or Customer Relationship Manager.
Consider acquiring certifications such as Chartered Financial Consultant (ChFC) or Certified Financial Planner (CFP) designation.
Stay abreast of financial trends, investment strategies and regulatory updates by attending seminars and workshops, building your network, or seeking additional education courses.
Consider career advancement opportunities. As a Financial Planner, you may explore higher-level roles such as Senior Financial Planner or Wealth Manager. You may also look into specialising in one particular field such as retirement planning, estate planning, or tax consulting.
