Demanding career avenue for Certified Financial Planner (CFP)

A Financial Planner takes a holistic view of the financial life of people and helps them in reaching the goals they have envisaged.

A fast growing population of wealthy professionals, a growing industrial and services sector and the emergence of a number of choices for investments have created significant opportunities for professionally competent financial planners.

A Certified Financial Planner (CFPCM) determines his client’s short, medium and long-term aspirations, then develops and applies the plan that has been agreed upon.

As the pace of economic reforms is being sustained in the country, enormous business opportunities are being created for banks, mutual funds, insurance companies and other financial service providers. Considering the fact that people’s incomes are on the rise, they are seeking guidance to invest their surplus money in the right avenues to reap the optimum benefits. Other than these, the Certified Financial Planner (CFPCM) finds the opportunities in the field of Journalism, Training, Research and Development etc, as well.

As a result financial markets and investment opportunities have opened up in India. Hence, people are rapidly recognizing the need for professional and well-regulated advisory services. Consequently, SEBI, IRDA, AMFI and other bodies have been certifying professionals to ensure investor protection. The future, therefore, promises well for this industry.

The Certification has added value to the skills of a Financial Planner and Certified Financial Planner (CFPCM) has gain the importance in the industry. From Tatas to Ambanis require the services of Certified Financial Planner (CFPCM) for themselves as well to plan the strategies for expansions, collaborations etc. May it be self retirement planning, the business owners have to plan for the employee benefits as well. Individuals look upon Certified Financial Planner (CFPCM) for tax planning, investment planning etc.

If we consider only Maharashtra, for instance, the ratio of Market demand for is adverse. Currently, there are 700+ Certified Financial Planner (CFPCM) in Maharashtra against the market demand of 2000+ such Certified Financial Planner (CFPCM).

Further to the survey above, we can think about Certified Financial Planner (CFPCM), as our career option.
If we consider the pay scale for the Certified Financial Planner (CFPCM) , the same can be graphically presented as :

Even If you have cleared your 12th Commerce now, or about to complete your Graduate; may you be a fresh graduate or a graduate/ post graduate with some experience , you can start your journey towards Certified Financial Planner (CFPCM) . Experience professionals can also upgrade their profiles, by completing Certified Financial Planner (CFPCM) Certification.

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