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Financial Advising: Make Money Managing Money

By Kate McIntyre
Learning & Life Columnist

Looking for a great finance job? How about one of the best jobs in U.S.? CNN Money recently released a list of the 50 best jobs in America, featuring careers that ranked high in salary, job growth, flexibility, and ease of getting started in the field. At number three on the list, financial advising is an excellent career choice.

Perks of a Career in Financial Advising

Financial advisors help clients make investment decisions. They might advise their clients about retirement, estate, or college education planning. Most clients visit their financial advisors around once a year, giving advisors the chance to establish lasting relationships with the people they are helping. The U.S. Bureau of Labor Statistics (BLS) reports that four out of 10 financial advisors are self-employed. If you think you'd enjoy the flexibility and freedom of self-employment, financial advising could be a great career option.

Training and Salary

Financial advisors must have a strong working knowledge of investments, tax laws, and insurance. Most financial advisors get started by earning their bachelor's degree in accounting, finance, economics, business, mathematics, or law. No matter your major, you should consider taking courses in investment strategies, tax law, estate planning, and risk management. According to CNN Money, financial advisors earn, on average, a whopping $122,462 per year. The BLS predicts that job growth for financial advisors should be faster than average.

If you're worried that your schedule is too hectic to allow you to take traditional college courses, consider online education. Accredited colleges and universities offer online degree programs with flexible coursework. These programs can fit into even the most densely packed schedules and help you get the education you need for one of the top careers in the nation.

Sources

• CNN Money, "Financial Advisor"
• U.S. Bureau of Labor Statistics, "Financial Analysts and Personal Financial Advisors"

About the Author
Kate McIntyre, a fiction writer in Portland, Oregon, holds an M.F.A. in fiction writing from Oregon State University.

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