This involves preparing current financial statements, analyzing current investments and insurance policies and preparing recommendations to meet financial objectives. Second, most financial planners also provide additional services to their clients. This may include investment and insurance product sales, income tax preparation, and mortgage or loan brokerage. Clients look to their financial planner as an advisor to guide them through today's maze of financial problems and income tax regulations. Living up to this expectation requires proper education and experience.
Most financial planners start their careers in a sales capacity with a large financial institution.
After a few years, the individuals who gravitate to the area of financial planning usually leave large corporations to operate as self-employed professionals. However, many large fniancial institutions are now adding financial planners as staff professionals. Information on careers in financial planning is available from the Career Resource Centre or contact The Canadian Association of Financial Planners. To enhance your chances of being successful in your own business or landing that dream job, consider three types of skills that will help you in your career. These skills can be developed through your university courses, a part-time job, summer employment or a volunteer position.