Will the majority of HC FP’s be self employed vs. working for a company?
There is a very small percentage of financial planners that are self employed. (Approximately 5%) However, due to the nature of the work, financial planning is considered a very flexible and independent career. You will be able to work for banks, insurance companies, and companies that deal with stocks and retirement such as American Express Financial, Ameriprise Financial, Merrill Lynch, Edward Jones, Smith Barney, or Morgan Stanley. The demand for financial planners will continue to grow as our population ages and begins to think about retirement. In addition to providing advice on retirement planning and investment options, more and more individuals are relying on their financial planner for advice on college savings and tax planning or for investment products such as stocks and bonds.
