Financial PlannerJob Profile And Description

A financial planner is like a financial adviser who not only gives financial counseling to the client but also plans the finances according to the objectives and income level of the individual or company that seeks his services. He helps to manage their finances so that they reach their financial goals and utilize their investments and savings in the best possible way. People want to save up or invest so that they can use it later for certain requirements like children’s education, retirement, healthcare and in this case a financial planner can help because he has all the knowledge of this field, various financial products and can guide you on how to use your resources for a better, secure future.

Financial PlannerDuties And Responsibilities

The duties and responsibilities of a financial planner involve:

  • He can meet the client and sometimes has to work with attorneys and accountants to plan out an appropriate financial plan for the client
  • He should note down the client’s income, compulsory expenses, financial goals and get an idea of his spending and saving habits
  • They may also work for a company and help them make important decisions on investments and financial deals

Financial PlannerSkills And Specifications

The skills and specifications that are required of a financial planner include:


  • Excellent analytical research and communication skills
  • Good with computers and numbers
  • Decision making ability and networking skills

Financial PlannerEducation And Qualification

The education and qualification requirements for a financial planner are as follows:

  • Bachelor’s degree in finance, accounting, business law, economics, financial planning, marketing
  • MBA or a master’s degree is helpful too
  • Clear the CFP test to become a certified financial planner

Financial PlannerSalary

The average annual salary of a financial planner is $94,000 and it can go up to $166,000 a year for experienced employees.

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