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Financial Advisor Education


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Financial Advisor


The Financial Advisor to Building Wealth: Pursuing Prosperity with Financial Education, Vol. 5

Thomas Herold (Paperback) CreateSpace 2011-11-07


Price: $13.95 $13.53

Answers

Do you need a college education to be a financial advisor?

Or can you become one if you have enough experience (i.e. related qualifications in work history, etc.)?


Financial advisor is somewhat of a generic term. You dont need a degree to be a Registered Investment Advisor. All you need to do is to pass a couple of exams administered by FINRA and get registered with your state securities regulator. There is also the Certified Financial Planner which you do need a degree for plus three years of experience and pass their exams.

Careers in Financial Planning : Education of a Financial Planner


Financial planners need an education that is a combination of formal education, life experiences and an understanding of how to manage money. Find ...

What kind of education do i need in order to become a financial advisor?

I want to study online, by which good university can i do that and how much it will totally cost?
How long it will take also?


Technically, you just need to know how to read and write. A financial adviser isn't too much beyond an insurance salesperson. The hardest part is to get a company to sponsor you to take certain tests. However, there are companies like World Financial Group that will sponsor you even if you don't even have a GED or high school diploma.

How do I find a financial adviser that specializes in funding education?

I am an adult, non-traditional student and I have several financial decisions to consider, such as whether I should quit my job to go to school full-time, how to manage my current debt situation while I am in school etc.

How do I find a financial adviser that specializes in funding education?


Hey Amber. Try visiting this site:
http://locator.ameripriseadvisors.com/ It will allow you to type in your zip code, and then check boxes that apply to the particualr area you need your advisor to specialize in. It will then pull up a list of advisors near your area. Hope it helps!

What education/ degrees needed to go into the financial field.?

What kind of education background do I need to become a financial advisor. Do you know of any good online schools? I just got my life licence and will be learning more about investing through New York Life... in a few months I want to get my securities licence... so I do want to further my education in this area. what degrees do I need if I were to go back to school... THANKS


TWO SUGGESTIONS:
-Get a Bachelors Degree from a recognized College, with a major in Finance or Financial Management. Do not just rely on training from a Brokerage House or an Insurance Company. These will only equip you with enough knowledge to sell their products & services. You really need a broader understanding of the financial World. Once you have that, then the training from an insurance or a brokerage can equip you with product knowledge and teach you how to sell their services in answer to a prospects specific needs.
-While training with an insurance or brokerage, begin studying to get a CFP designation. That will really round out your professional education.
Also, begin reading Forbes & Business Week magazines and the daily Wall Street Journal newspaper.

Why do so many financial advisors preach saving for your kids education?

I paid my own way through school, and they can too..is that so wrong? I would rather put that money towards retiring at a younger age when i can still be healthy enough to enjoy my savings.


Because that's something most people want to do for their kids.

You are smart, because there's only one way to pay for retirement (savings), and lots of ways to pay for college. We have suggested parents save half of what they think the kids will need; or save for a public college and let the kids pay the overage if they want to go to a private school; or pay 100% the first yr, 75% the 2d yr, 50%, etc. Anyway, it's good experience for them to work--as long as it doesn't interfere with or postpone their graduation. The worst are the kids whose parents pay for 5-6 yrs and then they move back home. Don't understand this!


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  • Alumni Giving To Higher Education Dropped Sharply In 2009 ...

    Donations to colleges and universities dropped 11.9% to $27.85 billion in 2009, the steepest decline since the New York-based Council for Aid to Education began conducting the survey more than 50 years ago. At the same time, college endowments dropped 22.3% due to poor investment performance and a decline in new contributions.

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    Giving from alumni and other individuals represented 43.5% of the gifts in 2009, a significant decline in giving for higher education institutions, which typically depend on these gifts for half of all contributions. One in 10 alumni made donations to their schools last year, down from 11% the year prior. In 2009, alumni gave $7.1 billion to their colleges, compared with $8.7 billion the prior year. The average size of each gift also shrank by 13.8%.

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