What is the summary of a financial planner?

Significant Points

Personal financial advisors provide advice on investments, insurance, mortgages, college savings, estate planning, taxes, and retirement to help individuals manage their finances.

Most personal financial advisors work in the finance and insurance industry or are self-employed. They typically work full time and may meet with clients in the evenings or on weekends.

Personal financial advisors typically need a bachelor's degree. A master's degree and certification can improve one's chances for advancement in the occupation.

The median annual wage for personal financial advisors was $89,160 in May 2015.

Employment of personal financial advisors is projected to grow 30 percent from 2014 to 2024, much faster than the average for all occupations. As the population ages and life expectancies rise, demand for financial planning services should increase.

Explore resources for employment and wages by state and area for personal financial advisors.

Compare the job duties, education, job growth, and pay of personal financial advisors with similar occupations.

Learn more about personal financial advisors by visiting additional resources, including O*NET, a source on key characteristics of workers and occupations.

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