How to Become a Financial Advisor or CFP

Name: How to Become a Financial Advisor or CFP
Rating: 4.1 (91 reviews)

Start an exciting new and lucrative career!

Created byGreg Vanderford

Last updated 11/2021

English

English [Auto],

What you'll learn

Start a career as a financial advisor

Course content

5 sections • 13 lectures • 2h 17m total length

Introduction9:20
Discover how to become a financial advisor or CFP, a growing, flexible career with strong earning potential, training through brokerage partnerships, and pathways for various backgrounds.
How to Get Started with No Formal Training6:42
you can begin a career as a financial advisor without formal training. brokerage firms provide extensive training, software, an assistant, and office support to help you manage clients and investments.

The Two Pathways to Becoming a Financial Advisor11:59
Explore the two pathways to becoming a financial advisor: join a firm for training or pass the CFP exam to earn the certified financial planner title, boosting credibility.
Traditional Fee Structures of the Business8:59
Compare traditional assets under management models with newer fee approaches, including commissions and hourly consulting, and understand how hybrids affect trust and profitability.

How to Differentiate Yourself From The Competition8:54
differentiate yourself from the competition by offering flexible, client-friendly fee structures, such as flat fees, hourly consulting, and no commissions, to attract high-net-worth clients.
Business Model Analysis17:31
Explore how different assets under management levels and fee structures affect earnings for financial advisors, from one-time fees to ongoing AUM charges, with strategies to attract high net worth clients.
The Right Type of Person to Be a Financial Advisor4:47
Discover how a financial advisor career fits diverse backgrounds with low entry barriers, paid training, and two pathways—bachelor's degree or CFP exam—to high earnings through sales and finance expertise.
How to Get and Keep Clients9:13
Differentiate yourself by offering low fees, such as a flat or consulting fee, and prove credibility with CFP certification, transparency, and by sharing your personal portfolio to build trust.

Where to Start Your Practice5:52
Choose a low-competition location, often a small town, to serve retirees and affluent clients. Start a low-overhead, solo practice with a small office in underserved markets.
General Pros and Cons7:18
Explore the pros and cons of becoming a financial advisor, including the sales role, client trust, independence, potential six-figure earnings, and the value of CFP designation and related training.
Understanding the Different Qualifications6:12
Compare the CFP standard with other paths like CFA, Series 7, and CLU or ChFC, and show how firm internal exams and entry barriers shape entry into financial advising.

Course Review4:38
Explore how becoming a financial advisor or CFP offers unlimited income potential, human client guidance, easy entry, and expanding opportunities in this field.
Bonus Material: Investing for 2022 and Beyond36:17
Update your investing strategy for 2022 and beyond by navigating low rates, inflation, and a shift toward green energy, crypto, and new tech through etfs, real estate, and private businesses.

Requirements

Basic understanding of financial or sales concepts

Description

Financial Advisors sell investment products, consult, and manage portfolios for clients of all types.

The industry is growing rapidly as an ever larger number of people retire from the workforce and need someone to help them manage their wealth.

At the same time, financial literacy is near all time lows, which means the demand for Financial Advisors and Certified Financial Planners is at an ALL TIME HIGH.

In this course, you will learn what you need to do to become a qualified professional Financial Advisor or Certified Financial Planner including:

1. What certificates or training are necessary

2. How to get the necessary certificates and training

3. How much money you can expect to earn

4. The common challenges and pitfalls of the business

5. The skillset necessary to succeed

6. The many different ways you can be successful as a financial advisor

7. The attitude, background, and abilities that are the best fit for this career

8. Much more

Join the course, How to Become a Financial Advisor or CFP and take the first step on the journey toward a new and exciting career that ultimately leads to complete FINANCIAL INDEPENDENCE!

Who this course is for:

People interested in become a Financial Advisor or Certified Financial Planner

How to Become a Financial Advisor or CFP

What you'll learn

Explore related topics

Course content

Introduction2 lectures • 16min

Pathways and Fee Structures2 lectures • 21min

Differentiating Your Business From the Competition4 lectures • 40min

General Considerations3 lectures • 19min

Conclusion2 lectures • 41min

Requirements

Description

Who this course is for: