Whether you are a career changer looking to make a difference or a college student with a passion for finance, becoming a financial advisor is a great way to help people and a career with a lot of potential for growth. If you are considering becoming a financial advisor, you’ll first want to complete the CFP® certification requirements.
CFP® Certification Requirements
Education – complete a bachelor’s degree program and required financial planning coursework
Exam – pass the CFP® exam
Experience – meet the professional experience requirement
Ethics – agree to the high ethical and professional standards of the CFP Board
As you begin researching this career field and scouting positions, keeping in mind that we feel the fiduciary and fee-only financial planning approach is the least-conflicted compensation method available for a financial advisor. We encourage you to learn more about this terminology and look for employment opportunities that ascribe to these practices.
Many entry-level advisor jobs were commission-based in the past, but the industry is currently seeing a shift away from the transactional/commission business.? Fully independent, registered investment advisory firms are seeing major growth, and these firms are hiring entry-level advisors who have or are working towards their CFP® certification.
Check out the video below to learn more about becoming a financial advisor.
