How to Become a Financial Advisor

Today’s mini-episode of The Money Guy show is a compilation of road shows we put together for our #AskTheMoneyGuy series. If you’ve been catching the show on YouTube, you might have caught a few of these clips already. If you’re a listener, this may be the first time you’re hearing of these special episodes! We answer questions shared with us under the #AskTheMoneyGuy hashtag in the car while we’re getting from here to there.

In today’s listener-inspired episode, we cover a question we get all the time that we didn’t realize would come up as often as it does and that is how to become a financial advisor. This one is near and dear to our hearts as financial advisors ourselves and a question we’re happy to answer in this week’s installment of The Money Guy Show.

If you’re someone who loves learning about finance, you’re the one that cuts coupons and deliberately looks for creative ways to save money, or you’ve come to realize that personal finance feels like your “thing,” then being a financial advisor might be your calling.

Be sure to join us on the road this week as we talk about how to become a financial advisor.

Here’s What You’ll Find Out in this Episode:

• How to get started becoming a financial advisor
• What you need to do first to become a financial advisor
• The three different types of business models of financial advisors and what distinguishes them from each other
  • Commission-based (sells financial products)
  • Fee-only (doesn’t sell financial products)
  • Fee-based (hybrid model)
• How to find the right financial job that fits your career goals and personality
• Where you can get the education and training you need to become a financial advisor
• How you can start earning a living being a financial advisor
• What you can do to get the job you want in this career

Resources Mentioned in this Episode

• Go to conferences and meet people: National Associations of Personal Financial Advisors (NAPFA), Financial Planning Association (FPA), XY Planning Network
• New Planner Recruiting

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