Working as a financial advisor can be a highly rewarding career, both in terms of job opportunities and financial compensation, as well as the positive impact you can have on people’s lives. “If you’re seeking a career as an advisor, my biggest piece of advice is to be passionate ab...
So, you need an advisor with years of "relevant" retirement planning expertise. You do not need an advisor who claims to be a planning expert but has spent the past several years selling mutual funds and annuities. College Degrees Education is an important source of knowledge if the degree ...
Completing continuing education: Advisors are required to take industry-specific coursework annually to maintain their licenses. These can often be completed in their office, but some compliance testing requires the advisor to go to a sanctioned proctor and complete the requirements in tightly monitored...
A fiduciary financial advisor is required to put your interests above their own at all times and to disclose any conflicts of interest. Here's what you should know. Andrea Coombes How Much Does a Financial Advisor Cost? It’s crucial to understand how your advisor gets paid — and how...
Hire an advisor you'll be comfortable working with and, of course, one who's qualified — ideally a CFP and a fiduciary, meaning she’s required to put your interests first. » Ready to start? Here's how to choose a financial advisor. Which type of financial advisor is right for me...
Fiduciaries are legally required to put their clients' interests first. They must avoid conflicts of interest and disclose any that may arise. Not all financial advisors are fiduciaries, so it is important to check with the potential advisor before hiring. Consider the Services Offered When looking...
Financial education: Learn. Plan. Grow. Reach your financial goals and thrive with tools, videos, guides, and more from our expert advisors. Take your financial education to the next level. Featured Why you (probably) need a financial advisor ...
similar to the way anyone can call themselves a financial advisor, there’s no required training to become a financial coach. That said, the Association for Financial Counseling and Planning Education (AFCPE) offers the Accredited Financial Counselor (AFC) certification, so if you work with an ...
In order to become a financial advisor, a bachelor’s degree is usually required; however, employers typically do not require a specific course of study (though it’d be wise to consider degrees and courses related to finance). Once you’ve secured employment with an advisory firm, expect mo...
The Costs of a Financial Advisor A rule proposed by the Department of Labor (DOL) would have required all financial professionals who work with retirement plans or give retirement plan advice to provide advice that is in the client’s best interest (thefiduciary standard), as opposed to simply...