Financial Planners

Financial Planner Meets with Client

Financial planning is the process of establishing financial goals and creating ways to reach them. Certified financial planners examine the assets of their clients and suggest what steps they need to take in the future to meet their goals. They take a broad approach to financial advice, which distinguishes them from other professional advisers, such as insurance agents, stockbrokers, accountants, attorneys, and real estate agents, each of whom typically focuses on only one aspect of a person's finances. Approximately 197,580 financial planners are employed in the United States. Financial planners may also be known as personal financial advisors.

Next Section: History

Quick Facts
Alternate Title(s) Certified Financial Planners, Personal Financial Advisors
Duties Provide advice to clients on financial planning
Salary Range $25,000 to $100,000+
Work Environment Primarily Indoors
Best Geographical Location(s) Opportunities are available throughout the country, but are best in large, metropolitan areas
Minimum Education Level
  • Bachelor's Degree
School Subjects
  • Business
  • Economics
  • Mathematics
Experience Participating in an internship, co-op, or part-time job at a financial planning firm during college will be useful
Personality Traits
  • Conventional
  • Enterprising
  • Problem-Solving
  • Business Management
  • Financial
  • Leadership
Certification or Licensing Required
Special Requirements None
Employment Prospects Excellent
Advancement Prospects Good
Outlook Much Faster than the Average
Career Ladder
  • Investment Banker, Financial Consultant, or Financial Analyst
  • Experienced Financial Planner
  • Entry-Level Financial Planner