Financial planners should have a minimum of a bachelor's degree and a certification in financial planning in order to succeed in this industry. A bachelor's degree or a graduate degree is strongly recommended for anyone who wants to pursue a career in financial planning.
Although employers don't usually require specific areas of study for planners it is helpful to have some background in accounting, finance or business. Potential planners should Online financial Planner also have strong math and analytical skills. It is also necessary to have good interpersonal skills in order to make customers feel at ease when sharing financial information.
Although financial planners don't have to be certified, having the title "CFP" may make you more attractive to potential employers. It may also allow for a higher salary. To become a Certified Financial Planner, there are many steps. Candidates must meet the following requirements to be certified as a financial planner (CFP):
1. Three years of relevant experience
2. You must meet the education requirements, including a bachelor's degree.
3. Respect a code for ethics
4. Pass the CFP exam. This includes topics like financial planning process and insurance and risk management.