F S asked:
I am thinking about starting my own business as a financial planner. Do I need to obtain certifications to enter the business in the us? Is there a lot of competition? Basically, anything you can tell me about this business will be helpful…
Low Cost Bargain
I am thinking about starting my own business as a financial planner. Do I need to obtain certifications to enter the business in the us? Is there a lot of competition? Basically, anything you can tell me about this business will be helpful…
Low Cost Bargain
Filed under:
Business
business
One of the wonderful things (and horrible things) about the US is that anyone can call themselves a financial planner. All it takes to go into business is some business cards and some stationary.
If you do go into financial planning you will find yourself competing with every life insurance salesperson operating in your community plus some dedicated financial planners who don’t sell life insurance.
Since adequate insurance is a key element of financial planning I think you should investigate obtaining both insurance and financial planning certifications.
Hope this helps
Jerry-the-bookkeeper