What can I expect from a career in Financial Planning?

Financial Planning is an evolving and dynamic profession. Financial Planners of today must have expertise in a broad range of subject areas and must also be capable to apply this knowledge in servicing clients with different goals, values, and backgrounds. True financial planning always puts the clients’ interests first while at the same time helping them to meet their goals in life. The University of Georgia is consistently recognized among top talent providers for firms and teams that offer comprehensive service models and a professional career path.

US News ranks Financial Advisors as #3 in Best Business Jobs and #5 in Best Stem Jobs. There is a projected growth rate of 30% through 2024. The median salary was $89,160 in 2015.

The Profession of Financial Planning Offers:

Opportunity: The Bureau of Labor Statistics projects a 30% growth in employment for financial advisors by 2024. With more advisors retiring every year, there is a need for young, properly trained financial planners in the industry.

Stability: The curriculum offered at UGA prepares students for a professional career path similar to that of law or accounting, whefre most enter the industry as generalists, and further fine tune their technical skills to learn the operations. As young financial planners develop, they can progress to client management and practice management positions.

Options: As an interdisciplinary field with a broad market, there are many options to specialize in a particular area or market niche. There are opportunities with different types of employers, form large advisory firms to small, family-owned practices. Additionally, there are opportunities in the non-profit sector, serving individuals and families in financial need.

Rewarding: The role of financial planning has societal importance. It is a vital profession for the 21st century, characterized by increasing life expectancy, increased job mobility, and less guaranteed employee benefits. These burdens combined with the increasing complexity of financial markets pose a challenge for society, which means good financial advice is incredibly valuable. Financial planners serve as personal guides to help clients build and use their resources in ways that are most meaningful to their lives. Career satisfaction comes from directly helping people realize their dreams through financial decisions.

Flexibility: Increasing trends of outsourcing certain functions and advances in technology are making it easier to serve clients remotely and to have a practice that is scaled to fit the lifestyles of advisors. The same outsourcing trend provides opportunity to provide outsourced solutions to practices that can offer solutions from a different specialty.

Financially Rewarding: The median pay for Financial Advisors in 2015 was $89,160, which is well above the median of $36,200. As overall household wealth increases, the opportunity for financial advisors to earn by offering wealth management solutions is growing.

Intellectual Stimulation:  Financial Planning is a dynamic field, with priorities and challenges that are unique for each client.  Innovation will be required to meet the increasing demand of a broader marketplace.

Employment Placements

We have students at some of the biggest name firms, running non-profit organizations, some have started businesses, and the majority work in a team-based, comprehensive financial planning environment. Small firms or within teams at larger firms:

  • Ameriprise
  • Anthony Smith Advisors
  • Ayco, a Goldman Sachs Company
  • Berkshire Hathaway Homestate
  • Bridgeworth, LLC
  • Creative Planning, Inc.
  • Elwood & Goetz
  • Henssler Financial
  • Homrich & Berg
  • Kingsmark
  • Mercer Advisors
  • Merrill Lynch
  • Morgan Stanley
  • oXYGen Financial
  • Ronald Blue & Co.
  • SignatureFD
  • Sullivan Bruyette Speros & BlayneySmith & Howard
  • The Planning Group
  • TruWealth
  • Turnkey Planning Solutions
  • Vanguard
  • Yeske Buie, Inc.

Certifications

Certified Financial Planner

Our Financial Planning curriculum is fully accredited by the CFP Board. Graduates of our programs are eligible to sit for the exam. In addition, students can count their internship and directed study hours toward the experience requirements needed to earn the designation. Learn more about earning the CFP designation here: Become a CFP Professional

Accredited Financial Counselor

Our program is an approved university program by the Association for Financial Counseling & Planning Education. Graduates of our program meet the education requirements needed to sit for the AFC Exam. Learn more about earning the AFC designation here: Accredited Financial Counselor Certification

Current Jobs

For additional job opportunities, search for openings with NAPFA and New Planner Recruiting.