According to an CNN Money article dated April 29, 2008, baby boomers and market volatility are contributed heavily to the demand for financial planners making it one of the few careers actually booming during the recession.
Baby boomers want to safeguard their financial future and are actively seeking to protect their assets and prepare for retirement. The Bureau of Labor Statistics projects that jobs in this category, which includes Certified Financial Planners, will surge 41% between 2006 and 2016, adding 72,000 jobs for a total of 248,000. Salaries are competitive, according to the BLS, which estimates median earnings at more than $66,000.
With hundreds of thousands of jobs being lost during this shaky economic period, it's no wonder people are looking for career stability and high income potential to supplement for outrageous prices for commodities such as gas and food. The financial planning profession is not all about making money, said President Mark Johanneseen of the Financial Planning Association (FPA), it's about helping people.
"We're like doctors, but for your personal finances," said Chuck Bender, a personal financial planner at The Financial Consulate.
Professionals are looking to make themselves more marketable and stand out from the competition in hopes of landing a more rewarding, stable career. Certification is a great way of achieving this goal. Kaplan Continuing Education (KCE) guarantees success on the CFP Certification Examination through focused curriculum, esteemed faculty and cutting-edge technology. KCE's Certificate in Financial Planning program can be completed online in as little as 9 months. For more information on Kaplan Continuing Education programs, please visit www.kaplancontinuingeducation.com or call 866.542.4042.
To view the full CNN Money article, please visit http://money.cnn.com/2008/04/28/news/economy/financial_adviser/.
Wednesday, May 21, 2008
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