The future is a big worry to many students as they go approach high school and
graduation. Some have no idea what they want to do with life. Some students have known what
they aspire to do even back to their freshman year. I didn’t know what I wanted to do with my
future until this year, my senior year. I definitely know now that I want to go to college after
high school. I plan to major in business finance. My main career path will be in the finance world
as a financial advisor. My interest in this career path comes from my grandpa who works in that
industry. I have always looked up to him. He has always told me how helping people manage
their money and portfolio is his primary goal. Ever since I was old enough to know what I like,
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You must meet with clients, in person, to discuss their financial goals. Then, it is
very important to explain the types of financial services that can be provided. This is a way to
educate clients and answer questions about investment options and potential bad investments that
could result from bad choices. The advisor then recommends investments to their clients and
helps them select investments for them to invest in. Next, the advisor helps clients identify and
plan for specific problems, such as education expenses or retirement. It is important to monitor
clients’ accounts and determine if changes are needed to improve account performance or to
accommodate life changes, such as getting married, having children, and possibly emergencies.
Finally, it is an ongoing process to research investment opportunities for yourself and clients. All
of these things are sometimes difficult and certainly time consuming; however, they do take a
common knowledge to know how to perform. This common knowledge I am referring to is using
good character to work with people. It is important to be an advisor who is honest, trustworthy,
and has a good knowledge of stocks, bonds, and
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In addition to those licenses, smaller firms that manage clients’ investments
must be registered with state regulators, and larger firms must be registered with the Securities
and Exchange Commission. Personal financial advisors who choose to sell insurance need
licenses issued by state boards. State licensing board information and requirements for registered
investment advisors are available from the North American Securities Administrators
Association.
Certifications can enhance a personal financial advisor’s reputation and can help bring in new
clients. The Certified Financial Planner Board of Standards offers the Certified Financial Planner
(CFP) certification. For this certification, advisors must have a bachelor’s degree, at least 3 years
of relevant work experience, pass an exam, and agree to adhere to a code of ethics. The exam
covers the financial planning process, insurance and risk management, employee benefits
planning, taxes and retirement planning, investment and real estate planning, debt management,
planning liability, emergency fund reserves, and statistical modeling. So simply you can say