Personal Financial Advisor, eh?

<p>Ok so I read a few articles on how it is a good career (salary, hours, rewards, creativity) and such but yet some people say that is not as said. Low salary or some say long hours? Which is it? </p>

<ul>
<li><p>Anyone out there who is so want to comment? Did you get a good job (as a financial advisor) after graduating college? Satisfied?</p></li>
<li><p>What major? Business Administration with concentration in Finance? CSUs good for this? Good market for this in Los Angeles area (srry, I love LA)</p></li>
</ul>

<p>Financial advisor is primarily a sales oriented job. If you are willing to sell yourself and pick up clients, it can be a very rewarding profession in more ways than one. I know three financial planners and two of t hem net at least 1.5 million per year! I am not kidding either. The third just started out a few years ago but probably is already earning in excess of 100K per year.</p>

<p>The best way to start in financial planning is to major in either accouting ( with a financial concentration) or major in finance. Towson University has an accounting major with a financial planning concentration. You can then go on and get either a masters or an MBA. If you obtain your CPA, you will be in the top 20% at least credential wise.</p>

<p>There are no specific educational requirements for a CFP, but as stated above, it appears that a CPA designation with an accounting background help a lot. I think accounting is slightly more relevant than finance when it comes to personal finance. I worked at an accounting firm last summer, and there were financial planners who worked in our office. One of the financial planners started out as a CPA, and many clients would look at his name and trust his financial advice.</p>

<p>===bump====</p>

<p>Yoo-hoo.. I would appreciate more input on this.</p>

<p>I have also heard some Financial Advisors start off working for the IRS. It makes their customers more confident they will not get in trouble with the IRS.</p>