A financial counselor career is a profitable profession where one uses his training and skills to help clients understand their financial goals, financial situation and the condition of the economy and by taking into considerations these things a sound financial advice is given which will be beneficial to the client. A financial counselor must be aware of the various instruments of the financial industry which can be used to increase the net worth of individuals and help them make investments which have good returns.
How to become a financial counselor:
In order to become a financial counselor, there is no fixed degree one needs to have but in today’s age of competition, it is advisable to get a bachelor’s or master’s degree in finance or business. The rules and law of a particular sector (for eg, insurance) may differ from state to state so that training guidelines may also vary according to the state in which one lives.
Financial counselor career courses, training, programs:
Most financial counselors have a bachelors or a master’s degree in finance, business and accounting. They may take minor courses like economics, math and interpersonal relations. There are some agencies which provide certification which will help you get a high-paid job and you can also internships in order to improve your work experience.
Financial counselor career schools/colleges, education:
There are many colleges and universities which offer programs on financial counseling. A few of them are listed below:
Top 4 colleges/universities:
Bryant & Stratton College
Colorado Technical University
Financial counselor career job opportunities, salaries/pay and recruitment:
The job outlook of this sector is pretty good and the salaries depend on the amount of experience the candidate has. The average salary of a financial counselor is $90,000, although some entry-level candidates can earn as low as $32,000 and high-level candidates can earn over $100,000.
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