A bachelor’s degree is required for a career as a financial advisor.
Majors in finance, economics, business, statistics or similar fields are acceptable.
Financial advisors can be generalists, or they may specialize in one of several areas, including retirement, taxes, estate planning, or insurance and risk management.
How long does it take to become a financial advisor?
To become a Certified Financial Planner, one must hold a bachelor’s degree, complete a CFB Board-registered course of study, gain three years of experience as a financial advisor, and pass a certification exam. How long does it take to become a financial advisor?
Can you be a financial advisor without a degree?
Generally speaking, it is not necessary to have a college degree to become a financial advisor. However, many firms will view it as a prerequisite for new hires, especially those with prestigious training programs. What is required are licenses and registration with FINRA, the financial services regulatory body.
Is financial advisor a good career?
Taking on the role of a financial advisor provides a range of opportunities not widely available in many career fields. In addition to offering valuable advice to clients, successful financial advisors have virtually unlimited earning potential, flexibility in work schedule, and control over their practice.
How do you become an investment advisor?
- Become certified as an IA by passing either the Series 65 exam by itself, or the Series 7 exam along with the Series 66.
- Choose a Custodian.
- Establish a Limited Liability Corporation.
- Establish an investment adviser registration depository (IARD) user account.
- Find a custodian.
- Complete Form ADV.