What are the career prospects for certified financial planners (CFP) in India?
Apart from financial services companies, banks, distribution houses, insurance companies, equity broking and financial planning firms, is there any new industry/kind of organisations which are hiring CFPs? What’s the size of India’s CFP population? What’s the demand and supply situation like? The CFP certification programme has an edge over other finance-related programmes today because of the sheer gap between the demand and supply of the qualified professionals in this field. India has roughly five crore-plus families with a surplus for investment and assuming that one certified financial planner can handle 100 clients, we require at least five lakh CFP certificants. This presents a fantastic opportunity for all those who are striving to make a mark in the financial services field. As a certified financial planner, one may choose to establish one’s licensed financial planning practice. Alternatively, one may work with * Banks * Life insurance companies * Accounting or law firms * Sto
