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News headlines consistently cover today’s “war for talent.” Companies are competing to attract and retain talented employees, while workers are benefitting as companies offer more robust salaries, benefit packages and growth opportunities.
For Americans considering their next career move during this time, a financial planning career might be the right choice. The retirement of an aging financial planner workforce and increased consumer demand for competent and ethical financial planning advice create an abundance of career opportunities for the next generation of financial planners.
In support of its mission to create a more diverse and sustainable financial planning profession, the CFP Board Center for Financial Planning, recently published the Guide to Careers in Financial Planning.
Informed by interviews with 77 company executives, talent recruiters and financial planners across 42 companies, the Guide provides students, recent graduates and career changers with guidance on beginning and sustaining a successful career in financial planning.
The Guide begins with an introduction to what financial planners do and the financial planning process (Chapter One), followed by details on the typical progression of responsibilities in the profession that a new entrant can anticipate (Chapter Two). Chapter Three explores the variety of companies that hire financial planners, before Chapter Four concludes with guidance on how to get started in a financial planning career—whether it be a first career or a career change.
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