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Financial Advisors

Decent Essays

As with many careers, financial planning requires an education. Financial advisors normally have a bachelor’s degree, but a master’s degree adds credibility (“Financial Advisor”) . Some schools that give you these degrees are Boston University, the College of Financial Planning, Texas Tech University, and San Diego State University (Chandler). There are many degrees you can take in those schools. Some are actuarial science, finance, accounting, business and law. Economics include agricultural and business economics (“Financial Advisor”). You can take all of those classes, but finance is the number one degree that employers want, as reported by the National Association of Colleges and Employers. The classroom provides the foundation of the learning …show more content…

The Financial Advisors field will grow by twenty-seven percent to 2022, according to the U.S. Bureau of Labor Statistics (“How To Become”). I think one reason why is this: “There’s a reason that the number of universities offering degrees in financial planners hit retirement age, vacancies in the field are predicted to skyrocket” (Chandler). The next quote about the job field in financial planning is, “In the wake of the recession, people are looking for guidance on how to build financial security after depleting short-term savings, tapping into retirement funds and losing home equity,” says Jennifer Grasz of Careerbuilder.com. “We see more demand for financial advisors” (“Financial Advisor”). Most of this demand is in Texas, California, and New York (“Financial Advisor”). In the whole United States, 81,060 dollars is the average salary of a Financial Advisor a year (“Financial Advisor”). A job in financial planning is both highly needed and highly …show more content…

The most important thing financial advisors have to do is earn the trust of their clients (“Career Opportunities”). What they do everyday is this: Dave Spano says that the first thing he does is “check his calendar for the day. His day usually consists of three meetings. In those meetings they review people’s financial plans and investment portfolios. The rest of the day usually consists of communication with employees, clients, and others via email, phone, and face to face meetings”. Dave Spano also says some skill’s a financial planner needs is to be “really good at math, understanding pre-algebra and being a good communicator.” Dave Spano says the workplace is “fun, open, and has lots of activity” (Spano). The first thing you should do when you are in the financial planning process is to assemble information, then you should organize your financial goals and objectives, then you should process and analyze the information, then you should advise a plan, then you should start the plan, then finally, you should keep watching the plan and making sure it is doing fine (Curley). The workplace is always fun for a financial advisor.

If a person thinks about their career, they will think something like this. An advantage to financial advising is that “you can feel good about helping people achieve their financial goals” (Spano). I think this will feel very good because it feels great to help people. A

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