Requirements To Be A Financial Advisor

Other than the certifications, I mean what would impress an institution like Raymond James of Merrill Lynch to pay for your training. I have a bachelor's degree from an excellent university and majored in Economics.

Companies look at the whole package. In terms of your degree, you need to have plenty of mathematical, computer, analytical skills, which you presumably were exposed to during your undergrad. Also a background in accounting, investments, estate planning and risk management can greatly work in your favor. In terms of your personal traits, you need to confident, be comfortable working independently and most importantly have great communication skills.

In all honesty if you want to get into Merrill Lynch you should definitely get some prior experience, work for a broker-dealer, this will not just add to your resume but will also help you do well on your licensing exams.

Good Luck!

2007-07-10 10:29:27 by Tyrone

www.financialplannersalary.com has all the information you need on a career in financial planning. Learn the salary ranges, educational ...

The requirements to become a Chartered Financial Analyst are at http://www.cfainstitute.org/
If you want to become a Certified Financial Planner than go to http://www.cfp.net/
The registration is a relatively simple process, which requires no certification and no fee if you would like become a Registered Investment Advisor
The others take quite a bit of work.

2007-01-08 12:08:10 by carnellcrosby

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I want to become a fee only financial advisor and not sell any stocks or insurance. Does the state require series 63 or 65 or 66 license. Any other licenses that I need to have?

In Texas to become a CFA you must have a U.S. Bachelor's or equivalent degree be in the final year of your degree program or have 4 years qualified professional work experience. You must also meet the requirements of the professional conduct admission criteria, and be approved by the board.
There are also exams you must pass
there is a web site that outlines in more detail the information you are looking for
http://www.cfainstitute.org/cfaprog/faq. html

2007-03-30 03:55:00 by Ryan C

In High School right now these are the requirements for Financial Advisor:
-English I-IV and/ or English Elective
-Social Studies
-Modern Hawaiian History & Participation in a Democracy
US History & Government
WOrld History & Culture
Psychology/Economics
-Mathematics
Algebra 1
Geometry
Probability & Statistics Science
-Physical Science
-Biology
-Earth Systems Chemistry
-PE II/III
-Health
Personal/Transition Plan
Career and Technical Education, Fine Arts, or World Languages (2 credits)
Business, Management & Technology Core
Business Management

I couldn't find any of the course of studies for getting into a college and studying for Masters of Business Administration. I could only find information on the course of study that I would take in college, but not how to get in college.

I don't think I want to be a Financial Advisor.

Thank you for helping ;)

Some of those studies you list really don't seem to pertain to business administration, but rather to the high school curriculum in general. If it's business admin. you're interested in, I would contact the colleges directly and find out what prerequisites are required for that profession.

2007-12-24 12:55:14 by :)

What are the educational requirements and how long does it take to become one?

You have to take a couple of exams administered by FINRA and register with your state securities commission, to become a Registered Investment Advisor. There are no other educational requirements to become an RIA.

You can also become a Certified Financial Planner. To become a CFP you need a Bachelors degree, pass the CFP exam, 3 years of relevant experience and pass certain ethical requirements.

2009-12-08 23:17:47 by nygiantsfan