How do I become a financial planner on my own without working for a company?
November 9th, 2008 | by admin |The Chief asked:
Im getting ready to enter college this fall and I know I have a long time to go before im ready and knowledgable to open my own business but I would like to start planning and know the prerequisites now. I’m interested in starting a business in financial planning and I wanted to know if anyone could help me and tell me what things will I have to learn to become a financial planner, what should I study, and what major would be the best to take in college.
Im getting ready to enter college this fall and I know I have a long time to go before im ready and knowledgable to open my own business but I would like to start planning and know the prerequisites now. I’m interested in starting a business in financial planning and I wanted to know if anyone could help me and tell me what things will I have to learn to become a financial planner, what should I study, and what major would be the best to take in college.
3 Responses to “How do I become a financial planner on my own without working for a company?”
By fenchurch_fox on Nov 10, 2008 | Reply
By starting a small financial planning business at home.
By Obi-Wan Kenobi on Nov 11, 2008 | Reply
You need to get certified as a CFP if you’re going to do that. And, you need a network of potential clients identified.
Suggestion: go work for a firm first and learn the ropes, then venture out on your own.
By AngeloElectro on Nov 14, 2008 | Reply
A financial planner, or financial asset manager is knowledgeable in:
1. Developing a stocks and securities portfolio,
2. Insurance, annuities, and banking products
3. And real estate investments.
A CFP is licensed in each field, and meets experience, education, and ethics requirements.
Accounting is a good major, tax law, business, economics, and estate planning. Also it might be possible to take CFP Board-Registered Programs at your school.