Job Hunting? Demand for Financial Planners Growing
If you’re starting the job hunt or will be soon, financial planning is a wise path to consider, according to a recent press release. Financial planning is a career that offers growth opportunities, flexibility, and a chance to give back to the community, so it should definitely be on your list as a recent graduate or upcoming graduate.
The demand for financial planners is increasing, and the number is expected to grow four times faster than other professions, according to a report by the Bureau of Labor Statistics. Not only does financial planning offer you freedom and the possibility of promotion, but you’ll also be making a difference in someone’s life by assisting them in figuring out and reaching their financial goals.
“There’s so much transformation in one’s life when they get their finances together,” said Brittany Castro, a Los Angeles-based Center for Financial Planning (CFP) professional. “It’s a great feeling because I know I helped them get there.”
From helping to set a budget to planning for retirement and assisting with taxes and insurance coverage, CFP Pros are active members in their communities, helping other members with their financials and enabling them to plan for the future.
Not sure if financial planning is for you? There are lots of reasons to consider exploring the financial planning field — and don’t let misconceptions deter you from doing just that.
If you’re not a big math person, that doesn’t mean you can’t be a financial planner. Financial planning is about more than just math — it’s about solving problems, building relationships, and communicating with clients. CFP Pros help people look at the big picture when it comes to the sometimes daunting aspects of financial planning and future goals.
Additionally, financial planning allows you a lot of flexibility and enables you to keep a good work-life balance. There are a number of different ways you can make it as a financial planner, whether you go out on your own or join a small or larger firm. To that point, in 2014, approximately 1 in 5 personal financial planners were self-employed, according to the Bureau of Labor Statistics.
Beyond those reasons, the fact that the demand for financial planners is increasing is almost reason enough to consider becoming a financial planner; in a tough job market and with a projected increase in job growth for financial advisors, this career is more of a safe bet than other directions. Plus, you’ll get to have a job that’s all about helping others — while helping your bank account, too. According to the Bureau of Labor Statistics, the median pay for personal financial planners is about $89K.
So if you’re going to be entering the job market soon or are trying to figure out what career path is right for you, add financial planner to your list of jobs to consider.
Apply to Write for Uloop NewsJoin the Uloop News Team
Discuss This Article
More Uloop Campus Life Articles
UNIVERSITY OF MINNESOTA JOB LISTINGSSee all UNIVERSITY OF MINNESOTA Job Listings
UNIVERSITY OF MINNESOTA Job Listings
WRITE FOR ULOOPApply to Write for Uloop News
GET TOP STORIES DELIVERED WEEKLY
TOP 5 NEWS ARTICLES
BROWSE OTHER COLLEGES
- By CollegeUniversity of MinnesotaSaint Cloud State UniversityMinnesota State University-MankatoUniversity of Minnesota-DuluthUniversity of St ThomasCarleton CollegeConcordia CollegeWinona State UniversityGustavus Adolphus CollegeCentury CollegeAugsburg CollegeBemidji State UniversityBethel UniversityBrown CollegeCapella UniversityCollege of Saint Benedict and Saint Johns UniversityCollege of St CatherineConcordia University, Saint PaulCrown CollegeHamline UniversityMacalester CollegeMetropolitan State UniversityMinnesota School of BusinessMinnesota State University MoorheadNorth Central UniversityNorthwestern CollegeSaint Mary's University of MinnesotaSouthwest Minnesota State UniversitySt. Olaf CollegeThe Art Institutes International MinnesotaThe College of Saint ScholasticaUniversity of Minnesota-CrookstonUniversity of Minnesota-MorrisWalden UniversityWilliam Mitchell College of LawSt. Cloud Technical CollegeMinneapolis Community and Technical CollegeMinnesota State Community and Technical CollegeAdler Graduate SchoolMinnesota State College-Southeast TechnicalRidgewater CollegeNormandale Community CollegeAlexandria Technical & Communityl CollegeHibbing Community College Lake Superior College Leech Lake Tribal College Mesabi Range CollegeMinnesota West Community and Technical CollegeNortheast Higher Education DistrictNorthland Community & Technical CollegePine Technical and Community CollegeRiverland Community College Rochester Community and Technical CollegeVermilion Community College Academy CollegeAmerican Indian OIC IncAnoka-Ramsey Community College-Cambridge CampusAveda Institute-MinneapolisBethel Seminary-St PaulCentral Lakes College-Staples CampusCosmetology Careers Unlimited College of Hair Skin and NailsCrossroads CollegeDakota County Technical CollegeDuluth Business UniversityDunwoody College of TechnologyEmpire Beauty School-Eden PrairieEmpire Beauty School-St PaulFond du Lac Tribal and Community CollegeHastings Beauty SchoolHerzing University-MinneapolisLuther SeminaryM State - Detroit Lakes CampusM State - Wadena CampusMartin Luther CollegeMayo Graduate SchoolMcNally Smith College of MusicMinneapolis College of Art and DesignMinnesota School of Business-Elk RiverMinnesota School of Business-LakevilleMinnesota School of Business-MoorheadMinnesota School of Business-RochesterMinnesota School of Business-Waite ParkMinnesota State College-SE Technical-Red WingModel College of Hair DesignNational American University-BurnsvilleNational American University-RochesterNorthland Community and Technical College - East Grand ForksNorthwest Technical CollegeNova Academy of CosmetologyOak Hills Christian CollegePark Avenue School of CosmetologyPine Technical & Community CollegeRainy River Community CollegeRasmussen College-Lake Elmo/WoodburyRasmussen College-MankatoRegency Beauty Institute-BurnsvilleRegency Beauty Institute-RidgedaleRochester School of Hair DesignSaint Johns UniversitySaint Paul CollegeSouth Central College-FaribaultSummit Academy Opportunities Industrialization CenterUniversity of Minnesota-RochesterWhite Earth Tribal and Community College
- By State
- By City