I think these educators are onto something here. As Harness put it, “I think a basic overview of the profession and different pathways/tribes into planning is important for both firms and students. Firms can use this to help explain their vision and value proposition to students, so they get better placements with students who want to approach planning through the lens of that channel. Students can use this to help them understand where they fit into planning. “
I’d like to think that students would be clamoring to become professional, fiduciary financial planning practitioners like me. These professors definitely want to mint such professionals and most students are going to firms at which they can advise clients directly but I am happy these educators are showing students that a financial planning education can lead to a wide variety of careers even if they aren’t suited to being a fiduciary practitioner. That should boost awareness, lead to more successful job placements and expand the talent pool for the profession.
Dan Moisand, CFP, has been featured as one of America’s top independent financial advisors by Financial Planning, Financial Advisor, Investment Advisor, Investment News, Journal of Financial Planning, Accounting Today, Research, Wealth Manager and Worth magazines. He practices in Melbourne, Fla. You can reach him at [email protected].