Certified Financial Planner
They say that the key to financial or business success is through effective planning. Planning is defined as a continuous process that involves choosing among different courses of action. It provides a person the necessary means in order to effectively reach his or her goal. In other words, planning provides the framework within which a person can achieve his or her goal or aim. Hence, a lot of people hire a trained professional in financial planning, who is called a certified financial planner, in order to assist them in their different financial or business endeavors or transactions.
A certified financial planner is a person trained in the different fields of financial planning. These different fields of financial planning include insurance planning, employee benefits planning, investment and securities planning, tax planning, and estate planning. In order to be a certified financial planner, certain educational requirements have to be met. A person should first acquire a bachelor’s degree from any accredited university. After acquiring a bachelor’s degree, one should undergo a specific training regarding financial planning. After completing the training, one must pass the certification examination in order to be qualified as a licensed practitioner in financial planning. Those who are licensed attorneys and certified public accountants are exempted from certain requirements.
The duties of a certified financial planner include making financial planning recommendations and implementing or monitoring it. It mostly requires mental activity and analyzation skills. Hence, it is classified as a white-collar job. In performing these duties, the average annual salary is $52,000.
