5 Top Financial Planning Jobs to Consider in 2021
As the world continues to evolve and economies grow, financial planning has become a significant aspect of people’s lives. Financial planning jobs have also become more critical in helping people meet their financial goals while managing their resources effectively.
In this blog post, we’ll take a closer look at the top 5 financial planning jobs to consider in 2021.
1. Financial Advisor
When it comes to financial planning, a financial advisor is probably the most critical profession. Financial advisors provide clients with customized investment strategies and advise them on how to manage their financial goals effectively. They also help their clients manage their assets, plan for retirement, and minimize tax liability.
To become a financial advisor, one needs a bachelor’s degree in finance, accounting, or related fields. Obtaining professional certifications like the CFA (Chartered Financial Analyst) or the CFP (Certified Financial Planner) will also give you an advantage in the job market.
2. Wealth Manager
Wealth managers are responsible for managing the wealth of high-net-worth individuals (HNWIs) and families. They provide investment advice and manage their clients’ assets, including real estate, stocks, bonds, and private equity. They also provide estate planning services to help clients pass on their wealth to future generations.
To become a wealth manager, one needs a bachelor’s degree in finance or business. Obtaining professional certifications like the CIMA (Certified Investment Management Analyst) or the CPWA (Certified Private Wealth Advisor) will also give you an advantage in the job market.
3. Risk Manager
Risk managers help financial institutions, organizations, and individuals manage risks associated with financial investments. They assess and analyze potential threats and losses to minimize financial risks.
To become a risk manager, one needs a bachelor’s degree in finance, accounting, economics, or related field. Obtaining professional certifications like the FRM (Financial Risk Manager) or PRM (Professional Risk Manager) will also give you an advantage in the job market.
4. Investment Banker
Investment bankers work with corporations, government agencies, and nonprofit organizations to raise capital by issuing and selling securities. They also advise clients on mergers, acquisitions, and divestitures of companies.
To become an investment banker, one needs a bachelor’s degree in finance, accounting, or business-related fields. Obtaining a master’s degree in finance or business administration and having relevant work experience will also give you an advantage in the job market.
5. Financial Analyst
Financial analysts provide research and analysis on financial markets, companies, and industries. They help investors make informed decisions on stock purchases and sales, and they also prepare financial reports.
To become a financial analyst, one needs a bachelor’s degree in finance, accounting, economics, or related fields. Obtaining professional certifications like the CFA (Chartered Financial Analyst) will also give you an advantage in the job market.
Conclusion
Financial planning has become increasingly vital in today’s economy. The above-listed roles are among the top financial planning jobs that have high demand and growth prospects in 2021. By pursuing a career in these areas, you can earn a decent income and make a significant impact in the lives of your clients by helping them achieve their financial goals.
