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How to Become a Certified Financial Planner

As certified financial planner, your duty is not just give the best financial plan for investment but your duty is to give best advice for also saving  your customer from risk of investment of money. So, for becoming a financial planner, student should get proper education, skills and experience. In this content, you will study the steps to become a certified financial planner.



1st Step : Get All the Education which is Needed

For becoming financial planner, you should follow first step. Because most of certified financial planners are self-owned professionals. So, they need to get all the education. First, any student who have the graduate degree. If you are CA, M.Com or MBA or MA, it will be plus point. My friend is operating certified financial planner course in India for more than 4 years. In your city, there is also institute who will provide this education. In India, this education is new because India is growing in successful business. For successful business, we need professional advice for buying any new business or any property. So, professional certified financial planner's services are required. One important thing, you must remember before admission to any institute for financial planner course whether it is recognized from Indian Institute of Certified financial Planner or not. Its official website is www.iifpindia.com. IIFP is also operating Advanced financial planning and wealth management programme. It is post-graduate diploma which any student can do. In USA, there is single test of two days  whose name is CFP exam. which a student has to give in 50 location. Any student in USA who will get success in this exam. will become CFP.



2nd Step : Get Right Skills 

Only degree, diploma and certificate course is not enough for becoming certified financial planner. You have also the right skills which is required for working as CFP. I researched the linkedin for finding the skills of CFP and for your knowledge, I have made its list. You should learn all these skills one by one through internet.

  1. Retirement Planning Skill
  2. Wealth Management Skill
  3. Strategic Financial and Investment Skill
  4. Portfolio Management Skill
  5. Insurance Policy Reviews Skill
  6. Advisory Mutual Funds Skill
  7. Long Term Care Insurance Financial Advisory Skill
  8. Personal Finance Advisory skill
  9. Microsoft Office : Specialize in Excel, power point and Office Skill
  10. Teamwork Skill
  11. Financial Analysis Skill 
  12. English Speaking Skill 
  13. Customer  Care Skill  
  14. Research Skill
  15. Estate Planning Skill 
  16. Public Speaking Skill 
  17. Risk Management Skill 
  18. Income Protection Skill 
  19. Debt Management Skill 
  20. Cash Flow Management Skill


3rd Step : Get Experience

If you have required academic and professional education and skills, you should have to get experience from different industries. In Industries, you should work as financial service representative, financial analyst, financial planning manager, research associate, market research manager, relationship manager, derivative analyst, bank channel manager, risk analyst and financial planning trainee. When you have worked in above positions, you will get enough experience to open your own financial planning office for providing financial planning on any matter whether it is the case of buying of any asset or divorce or insurance.In every industry, only experience certified financial planners are needed. So, get experience from today by becoming trainee at low pay. 

Related : How to Become Accountant in India 

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Accounting Education: How to Become a Certified Financial Planner
How to Become a Certified Financial Planner
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Accounting Education
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