Should I become a Certified Financial Planner ?
Blame it on this blog but owning Financial Dominance has turned my attention toward a career in Financial planning. Should I become a Certified Financial Planner ?
I am a Web developer with a Bachelor degree in Computer Information Systems. I am deeply interested personal finance/money management and obviously want to broaden my career.
What do you guys think ? The salary is a nice upgrade.
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certified financial planner $71,000 |
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Webmaster $67,000 |
The school is at ROYTEC. The education program is in association with Advocis of Canada.
Videos about Certified Financial Planners
thanks for sharing. great post. bookmarked it!!!
A $4,000 difference in average salary is no way worth switching careers for. But a certified financial planner career is certainly worth doing. If you would like to be one then look at switching. But don’t switch for such a small difference in average salaries.
@Curious Cat
Indeed. $4000 isn’ much. But the personal knowledge and improved career options might be worth much more.
I’ve thought about this same thing at different points in my life. I’m more in software development, but I’ve fallen in love with personal finance as well. If its something you can get while you’re at your current job, then I’d say go for it.
Hi mate,
theres much better available, and from Australia. Bet you didn’t expect that.. Wait till you see all the evidence and the options then make your decision.
see yu
puternerd
[...] Should I become a Certified Financial Planner ?What do you guys think ? The salary is a small upgrade. certified financial planner $71000. Webmaster $67000. View Larger Salary Graph. The school is ROYTEC. The education program at Roytec is in association with Advocis of Canada. … [...]
Do what you like best… keep in mind that you have already invested time and money to become a web dev.
You should do what you want, but I think that salary figure may be high. It is difficult to start out as a financial planner and build a client base, so many don’t make a lot of money.
[...] Should I become a Certified Financial Planner ?So my question is, should I become a Certified Financial Planner ? I’m basically a Web developer with a Bachelors degree in Computer Information Systems. But I love personal finance and money management and I’m seeking to broaden my … [...]
[...] Should I become a Certified Financial Planner ?What do you guys think ? The salary is a small upgrade. certified financial planner $71000. Webmaster $67000. View Larger Salary Graph. The school is ROYTEC. The education program at Roytec is in association with Advocis of Canada. … [...]
Follow what you enjoy the most. Financial planners are sales people first, planners second, until you have built a solid business. If you like sales and working with people, it can be a very lucrative field.
I think you should go the way you think is the best. That is kinda boring work to do but it depends on the person. If you like it, then there is no doubt that it is the best choice for you
Do you like cold calling? That’s what financial planners do. I recently had a friend who looked at getting into the financial planning business. As part of the interview process, he had to literally knock on doors for one whole day. Also, I don’t believe that financial planners start at $71k. I have known many people who got rich doing financial planning, but they are the exception. You had better like cold calling and be willing to do years of grunt work. Also, you may be surprised to find out that these guys don’t necessarily make their money investing other people’s money. They sell insurance — whole life policies. You had better learn a lot about it before you make a career move. Get out and interview a few dozen financial planners, for example.
wow…just started my career in the webmaster world, but 60k or more would be VERY welcome.
honestly, the ability to make your own hours would far outweigh the financial gain from changing careers. not to mention online entrepreneurship is limitless.
There is nothing wrong in that. But, before that you need to complete the education requirements.
I’ve never seen that salary widget before, I’m now researching some alternate career paths based on the salary!$67k for a webmaster is a bit higher than I thought too. Perhaps I’m in the wrong job!
With so many loans and loan companies on the market to choose from it makes sense to compare personal loans. You have a number of options available to you form our leading lenders and your choice will depend on whether or not you are a homeowner, your circumstances and loan preferences.
Being a financil adviser or gaining a CFP credentiqal has little to do with finance. It’s about marketing, sales and the psychology of motivation. if you like working with people and their emotions, its a great career. People best suited to be financil planners are psychologists, nurses, teachers, helpers of any sort that are people persons.
Question #1
Do you like people?
Question #2
Do you like a stable paycheck?
Question #3
Can you generate business on your own without the help of family and friends?
You have a number of options available to you form our leading lenders and your choice will depend on.. thanks
I wouldn’t look at the salary, but which career you would prefer. A financial planner is more of a people job where a web developer involves much less interaction. So, think of the lifestyle and your interests.
CFP is a good skill to have. If it will better your site than go for it but there likely will be less jobs in the financial services field for a few years.
Salary always not matters. If you are really interested in personal finance / financial planning, you should go ahead.
All The Best.
I am trying to find out how I can become a financial planner with home study or online learning. I understand at some point you take a test somewhere to get certified? At this point are you able to make investments for people
Appreicate any information and help
I’m a CFP with 10 years experience in the financial services industry and currently looking to make a career change. First off I would say it’s not really fair to compare the salary of a financial planner. Most are paid either no salary or a very minimal one with the majority of compensation coming from sales commissions. Oddly enough last year I earned $71,000, half was salary half was commission. I have seen some of the most knowledgeable investment minds struggle in this industry. I have also seen some great salesmen with little integrity or financial knowledge make it to the top. Believe me, in this industry sales come first, your client comes second. My last 3 years were with a national bank where the behind doors motto was “sell more funds, if it’s right for the client, even better.” Do you LOVE sales? If the answer is no, you probably wont like this industry. Wish someone had told me that 10 years ago! If you do LOVE cold calling and making sales then by all means go for it!!
I would listen to denver finance. You usually have to do a lot of cold calling and stuff just for the interview and then you have to be a trainee for a few years. 71,000 is about only for very established people in that career.