| Perhaps you have wondered how much money does | | | | advanced degree. You salary will range from $25,000 |
| a financial planner make? After all, they are | | | | to $40,000. |
| surrounded by money that is what they think about | | | | At the mid level in this career, you may earn |
| day and night, trying to increase the store of | | | | between $47,000 and $76,000. You will do the work |
| investments for their clients, and for themselves | | | | you envisioned at the beginning, finally. You work |
| along the way. Like many careers, the amount of | | | | with clients, assisting and advising them on taxes, |
| money a financial planner can make depends on | | | | investments, estate planning and insurance. This is the |
| several factors; education, qualifications, certifications, | | | | goal of most when they think of becoming a financial |
| clientele, the stock market and other investment | | | | planner. |
| vehicles, experience, and desire. | | | | If you have an MBA or Masters in Finance or |
| It is not unusual for a novice financial planner to take | | | | Accounting, you have the best opportunity to find |
| their BA in Finance or Accounting to a financial | | | | out how much money does a financial planner make. |
| services company and start out at an annual salary | | | | With a decade or so of experience, you can reach |
| of about $25,000. Those with a decade or more of | | | | the top average pay of about $110,000. You can |
| experience can average up to about $110,000, | | | | then present seminars, and handle top level clients. |
| according to US Department of Labor statistics. And | | | | For certification, exams are offered by the Financial |
| then there are the few outstanding planners who | | | | Industry Regulatory Authority. Or, you can pass the |
| make well into the seven figure income bracket, like | | | | Certified Financial Planner Board of Standards CFP |
| TVs money superstar Suze Orman in the U.S. | | | | exam (Certified Financial Planner). This exam demands |
| There are several ways to become a financial | | | | you have three years of qualifying experience |
| planner. In most states, there is no requirement | | | | working full time, meet ethics standards and continue |
| involved; you could just set up shop and wing it, but | | | | your education. Beyond this you can become a |
| it is a bad idea, because unless you are psychically | | | | Chartered Financial Consultant through the American |
| gifted, you will be unable to perform for clients | | | | College in Pennsylvania. |
| without education in this field. Another entry method | | | | A different track to financial planning success puts |
| to this career is to join a company, perhaps a chain | | | | you in the ownership of a financial services franchise. |
| business, as assistant financial planner. You learn on | | | | These franchises offer complete business packages, |
| the job, they train you and then you go take | | | | from site selection and market analysis to ongoing |
| certification testing. You will do this for a couple | | | | support and training in-house, and help with licensing |
| years, or until you go back to school for an | | | | and management. It is a turn-key business. |