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Pursuing A Career As A Financial Advisor

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The career that I decided to dig in and do research on was a financial advisor. The reason I wanted to choose a financial advisor was because of the potential is has to be my future job. I have always wanted to be a financial advisor since I started taking business courses in high school. I have always loved handling money and I have investment accounts of my own. I decided to see who makes all these investments happen. The first thing I decided to research and find out about was what exactly does a financial advisor do. A financial advisor provides the client or clients advice on what to do with their money. They provide investment, tax, and insurance advice. They spend most of their time working with clients, but an even bigger amount of …show more content…

How easy would it be to keep a job in this field? According to the 2010 census, there were more than 207,000 financial advisors in the United States alone. The majority of those advisors work in offices, but some of them spend time in conferences and teaching classes in order to attract business. A big thing that shocked be was the work weeks. Most work full time, but a quarter of them work over 50 hours a week. With all that work it has to have good job security right? Yes, it does. By the year 2020, the job outlook is to be in the top 10 in the United States. Also, the job outlook rate is 27%, which is much faster than average. At a 27% job outlook increase, that means there will be an extra 60,300 jobs available in the United States, which brings a total of 283,700 financial advisor jobs. Everyone always wants to know the average or mean salary of a job, and a financial advisor’s doesn’t disappoint. With a mean salary of $67,520, you will be living with great conditions; and that number will only increase in the future. Along with their salary, many financial advisors get substantial bonuses from outside …show more content…

Exactly. In order to enter as a financial advisor in the lowest position, you need at least a bachelor degree in finance, economics, accounting, mathematics, business or law. Most financial advisors decide they want more pay so they go and get their master’s degree in finance or business administration. Some even decide to go as far as getting their doctorate in business, but many just prefer to have their masters. If a personal financial advisor wants to sell stocks, bonds and insurance policies, they must have the required license in order to do so. Many businesses require their financial advisors to have the Certified Financial Planner certificate issued by the Certified Financial Planner Board of Standards, which requires the advisor to have a bachelor’s degree, three years of work experience, and pass the

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