A CFP professional helps in preparing financial plans and guide individuals regarding their personal and professional finances both to make better investment decisions. These days, nobody gets enough time to manage their fiscal matters from time to time but obviously this responsibility cannot be ignored at any cost. Therefore, CFPs are hired to play these roles of an individual and to perform this job these professionals get a really handsome salary. Not only individuals, but companies also look for efficient CFPs to manage their finance matters. So, there is a wide scope for certified financial planners in the market.
If you are anticipating your career as a CFP then you will be amazed to know that there are various career opportunities for certified financial planners. Read ahead to know about such lucrative career options:
Financial planners and consultants: CFPs are highly efficient at managing finances and they can guide with appropriate investment decisions that can help individuals in heaping healthy returns within specific time period. Many Companies as well as individuals seek assistance from financial planners before taking any such decisions and for such consultation services they pay a higher salary to them.
Estate planners: Estate planner is another profitable career option that can build your reputation in the market for your estate planning services. Today, everybody requires assistance from estate planner either to transfer estate ownership, to change will before death or to calculate value of estate. Individuals who all hire estate planners offer them great packages and if your services were appreciated by them then they suggest your name to other people at the time of hiring CFPs.
Risk management roles: CFPs are very much aware of the financial market trends therefore companies prefer to hire CFPs to manage their company’s risks. As saving a company from any kind of risk is really a commendable job so companies offer higher packages to such professionals.
Start your own Business: Being a dynamic career option, CFP course can help you in starting your own business too. A CFP professional can commence his/her own firm where number of services like tax planning, estate planning, insurance planning and other finance related services can be catered to individuals and companies both. This business can reap income for different aspects or you can say it can lead to a multiple income source.
So, if you are a certified financial planner then you have multiple career options waiting for you. Those who are planning to take up CFP course to enjoy CFP challenge status should consider the goodwill of the institute from where you are going to enrol. The course is affiliated by FPSB India and there are number of institutes offering financial planner courses to give a right edge to your career.