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Career Story: Private Financial Advisor

Private Financial Advisor

Job Title: Financial Advisor

Type of Company: My company provides financial services to individuals and business owners.

Education: BA, English, UMass-Boston •• MBA, Babson College

Previous Experience: I own my own financial advisory practice, but before I split off on my own I had 20 years of high tech experience.

Job Tasks: I meet with business owners and families to go over all the financial issues in their lives: retirement planning, college planning, savings for important things like houses or cars. I may use products like life insurance or mutual funds or college saving plans to help clients meet their goals. I don't do a lot of stock trading but mainly place clients money in places we agree upon. Most of my day is spent on the phone or meeting with clients at their place of business or their homes. Meetings usually last about an hour or more and generally there are two to three meetings before a prospect becomes a client. Thereafter I meet with them once or twice a year to review the financial plan and see what may have changed in their life. It is not unusual for me to have several generations of a family as clients. I may have the grandmother, the adult children, and then their children as clients. I also spend a good deal of time taking continuing training, some of which is required for me to keep my licenses. I am registered with the state and the federal governments.

Best and Worst Parts of the Job: The best part of my work is feeling like I've helped someone solve a problem or address an issue that has been bothering them for sometime.

The worst part of the job is having paperwork get lost. It is also difficult keeping up with all the regulations and training requirements. There are many do's and don't's that can cause trouble if you don't follow the rules.

Job Tips: Start early. Have another part-time job that will help you generate income so that you can do mostly fee-based work and slowly build yourself a paycheck. Be ethical. Take all the tests for licenses early so that you have the most options of how you work.

Popular Schools offering Financial Planning Programs

 
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There's still time to apply to Grand Canyon University and pursue your education. Learn more today!

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The University of Scranton has grounded its education in Catholic and Jesuit principles based on intellectual growth and integrity, all of which shape the online master’s and certificate programs. You can choose one of five degree programs from a selective institution ranked among the top 10 master’s universities in the North by U.S. News & World Report.

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Colorado State University-Global Campus

Colorado State University-Global Campus (CSU-Global) offers career relevant bachelor’s and master’s degree programs for working adults and nontraditional learners.

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At Post University, we believe you shouldn’t have to put your life on hold to further your education.

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About Georgetown University
Georgetown University is a private, not-for-profit, accredited university located in Washington, DC. Founded in 1789 by John Carroll, Georgetown is America's oldest Catholic and Jesuit University. Today, Georgetown is a major international research university. It has nine schools, an affiliated hospital and many highly-ranked graduate programs.Georgetown University Online

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Business with Humanity in Mind  Johns Hopkins University Carey Business School has brought the philosophy of business with humanity in mind to a completely online format. Now offering several degrees to the part-time student, students can now become business leaders at this nationally recognized, AACSB accredited institution in as little as 2.5 years. The internationally recognized expertise of their world class faculty makes for engaging discussions and strategizing for real-world problems.

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Welcome to Argosy University

Argosy University offers doctoral, master's, and bachelor's degree programs to students through its eight colleges:  College of Behavioral Sciences, Graduate School of Business and Management, College of Education,  College of Health Sciences, College of Arts and Sciences, College of Creative Arts and Design, College of Clinical Psychology and Western State College of Law at Argosy University as well as certificate programs in many areas.

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Utica College, founded in 1946, is a comprehensive private institution located in upstate central New York.  The College offers regionally accredited online certificates, bachelors, masters, and doctoral degrees in healthcare, cybersecurity, financial crime, nursing, physical therapy, business, criminal justice, and data science.  All courses are taught by credentialed, highly experienced faculty with significant and ongoing accomplishments in their respective fields.

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Earn your graduate degree online with Northcentral University.

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Founded in 1887, Benedictine University is dedicated to the education of undergraduate and graduate students. Benedictine is regionally accredited by the Higher Learning Commission of the North Central Association of Colleges and Schools (NCA).

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