![]() Similar OccupationsĬompare the job duties, education, job growth, and pay of personal financial advisors with similar occupations. Many of those openings are expected to result from the need to replace workers who transfer to different occupations or exit the labor force, such as to retire.Įxplore resources for employment and wages by state and area for personal financial advisors. ![]() Job OutlookĮmployment of personal financial advisors is projected to grow 15 percent from 2021 to 2031, much faster than the average for all occupations.Ībout 30,500 openings for personal financial advisors are projected each year, on average, over the decade. The median annual wage for personal financial advisors was $94,170 in May 2021. A master’s degree and certification may improve chances for advancement. Personal financial advisors typically need a bachelor’s degree to enter the occupation. How to Become a Personal Financial Advisor They also may meet with clients in the evenings or on weekends. They typically work full time, and some work more than 40 hours per week. Most personal financial advisors work in the finance and insurance industry or are self-employed. Personal financial advisors provide advice to help individuals manage their money and plan for their financial future. Improve your financial situation, net worth, and retirement plan by registering for the Personal Finance Program.Please enable javascript to play this video. You’ll gain practical skills, understand the core concepts of financial planning, and achieve a broader understanding of how personal financial planning contributes to a successful and fulfilling life.
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