Financial Planner

Occupation Information table
Overview: Financial planners develop and implement financial plans for individuals and organizations by using their knowledge of tax laws and the earnings to be gained by investing in securities, real estate and pension plans. They diagnose their clients financial status to make recommendations.
Duties: They recommend to clients, who may be private individuals with money for investment or business organizations, what investments to make to acquire optimum financial gain.

They statistically analyze and evaluate the past financial performance and estimated potential for investments such as real estate, stocks, bonds, mutual funds, etc.

They study their clients' short and long term financial needs and how much money they have available for investment to recommend the best mix of securities and properties to buy.

They monitor the financial marketplace and tax laws to decide what new recommendations should be made to clients. They use computer-based financial analysis programs to make forecasts.

Degree(s): A.A.S. Accounting 
A.A.S. Management: Marketing Concentration 
A.S. Business Administration (Accounting and Marketing) 
Job Outlook: Employment in this field is projected to grow 14% or higher from 2018 to 2028, which is much faster than the average projected growth for all occupations.
Salary Range (National Average): $39,000 to $43,000
Growth: Growth
Green: Green Career
Education Level: Typically, a Bachelor’s Degree from a 4-year college (some are 5 years) is required to be considered for this occupation.
Additional Training/Education: A bachelor's degree in finance or business administration is the usual educational background required for this occupation. Some employers require a master's degree in business administration (MBA). Courses in financial accounting, statistics, economics, financial analysis, banking and computer applications are essential. Certification as a Certified Financial Planner (CFP) by passing written exams is important for promotion.
Recommended Skills:
  • Composing and communicating your ideas in written form.
  • Paying attention to what other people are saying, and taking time to understand the points being made.
  • Actively looking for ways to help people.
  • Weighing out the options in a situation or a problem and logically choosing the best course of action.
  • Determining how much money is required to get a job done, allocating those monies, and then accounting for all expenditures.
  • Using mathematics and/or statistics to solve problems.
  • Using logic to identify the strengths and weaknesses of alternative solutions, conclusions or approaches to problems.
  • The ability to understand complex written paragraphs, instructions, or reports.
  • Talking, giving speeches, or speaking in a group to convey information, explain ideas, or give instructions.
Recommended Values:
  • Gaining the respect of others by the nature and/or level of responsibility of your work.
  • Persuading and influencing others to change their attitudes, behavior, and/or opinions.
  • Having a routine job where the duties are very predictable and not likely to change over a long period of time.
  • Having a level of income that will afford you with luxuries, and which will allow you to become financially independent.
  • Being able to decide on how to get something done without significant direction from someone else.

* National data collected by the Department of Labor in 2014 with projections through 2024. For New York green job information .

* For New York salary data information .

* For New York green job information .

Understanding acquiring positions in this field may be enhanced through continuing academic study (i.e. earning a baccalaureate or a master's degree) and/or work experience in the field, Queensborough Community College has established transfer agreements with other institutions for students who wish to further pursue their educational goals. Students are highly encouraged to meet with one of our Career Services to fully understand the opportunities available through study in their degree program.