Students and career changers can receive guidance on financial planning careers through a new guide issued by the CFP Board Center for Financial Planning, the center announced yesterday.
The Guide to Careers in Financial Planning is designed to help those looking at careers in financial planning learn how to begin in the field and how to sustain a successful career, the center said.
The guide is based on research the center commissioned from a team of academic scholars and industry experts. The research captured the workforce development practices of a variety of financial services companies as they recruit, train and develop the next generation of financial planning professionals, the center said.
The guide includes information from 77 company executives, talent recruiters and financial planners across 42 companies. It identifies typical career tracks in financial planning and different entry points into the profession.
The guide also explores the types of companies that employ financial planners, highlights the benefits of a career in financial planning, and includes details on where to find financial planning careers, including questions to ask in a job interview.
“One of the center’s priority initiatives is to cultivate a quality workforce of diverse financial planners to ensure the profession can meet increasing and evolving financial planning needs of the American public,” CFP Board CEO Kevin R. Keller said in a statement. “We hope the guide helps inspire new entrants, especially those from underrepresented populations, to develop action plans to pursue a career in this highly fulfilling profession.”