|Quick Facts: Personal Financial Advisors|
|2012 Median Pay||$67,520 per year|
$32.46 per hour
|Entry-Level Education||Bachelor’s degree|
|Work Experience in a Related Occupation||None|
|Number of Jobs, 2012||223,400|
|Job Outlook, 2012-22||27% (Much faster than average)|
|Employment Change, 2012-22||60,300|
What Personal Financial Advisors Do
Personal financial advisors give financial advice to people. They help with investments, taxes, and insurance decisions.
Most personal financial advisors work in the finance and insurance industry or are self-employed. They typically work full time and may meet with clients in the evenings or on weekends.
How to Become a Personal Financial Advisor
Personal financial advisors typically need a bachelor’s degree. A master’s degree and certification can improve chances for advancement in the occupation.
The median annual wage for personal financial advisors was $67,520 in May 2012.
Employment of personal financial advisors is projected to grow 27 percent from 2012 to 2022, much faster than the average for all occupations. As the population ages and life expectancies increase, demand for financial planning services should increase.