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Financial Planners can do a lot of money depending on the company he's working with, country state and proven record of successful financial planning. One can be a personal financial planner or employed by large corporations.
Quoting from careertoolkits.com, "the median salary range of personal financial advisors is between $44,000/year and $114,000/year. The bottom 10% of planners made less than $32,000/year, while the top 10% earned more than $145,000/year."
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How much do financial planners make?
144,000
What is the typical salary for corporate party planners?
Corporate event planners usually make a fairly good salary. The salary ranges between $47,000 and $64,000 per year, depending on location and experience.
Do most wedding planners make good money?
Wedding planners get a pretty good salary. Not a huge amount, but pretty good. Of course, it depends, but in average the salary is 35 000$ a year.
How is the Financial Standards Council different from the Financial Planners Standards council?
The Financial Planners Standards Council (FPSC) is the porganizaiton which gives most financial planners their accredidation. The Financial Standards Council (FSC) is a consumer support serivce that reports on the business dealings of financial services (not just Financial planners) in the marketplace. Below are the websites of each organziation: Financial Planners Standards Council www.FPSCCanada.org Financial Standards council www.FinancialStandardsCouncil.com
What is an appropriate fee for a certified financial planner?
You can't define fees for certified financial planners because it depends on which type of financial planner you hire. There are fee-only planners as well as free financial planners, too.
Who is better a financial planner or a financial advisor?
Almost all financial planners are financial advisers, but not all financial advisers are financial planners. Both of them must be a Certified Financial Planner (CFP). Financial planners are the ones who deal with financial tools to evaluate all areas of financial life including your savings, investments, retirements, taxes and estate planning, and help you to make a plan.. While for financial advisers, they are the ones who recommend things about your financial stature and help you to reach your financial goals.
What is the average salary of an independent financial planner?
Independent Financial Planners salaries vary, it depends on the city you hire them from as their own cost of living and market values change. I would think a base average salary would be around 150K a year.
What is the difference between the Financial Planners Standards council and the financial standards council?
The Financial Planners Standards Council (FPSC) is an organization that grants accreditation to financial planners. The Financial Standards Council (FSC) is an organization that provides consumers with information about a variety of financial services. It operates more like a Better Business Bureau and it is not confined to just financial planners. A person can get information on all kinds of different financial services. The websites for the two are: Financial Planners Standards Council www.FPSCCanada.org Financial Standards Council www.FinancialStandardsCouncil.com
How are certified financial planners compensated commission or flat fee?
Certified financial planners are compensated by commission, but they are also paid a monthly fee. So based on how many customers they have, is how much money they make.
What jobs require training for financial planning?
Jobs that require training for financial planning are: accountants, financial planners, principal mechanical engineers and wealth financial planners positions.
Future prospect of financial planners?
doomed
Are financial plans only created by financial planners?
Not necessarily. Anyone can create a simple financial plan for themselves. Financial planners would be more likely to do more complex ones and ones for large organisations.
