Independent Financial Planner
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How could I make money as a financial planner?
I want to be someone who gets paid by the hour because I want to make sure that I am independent and not steering people.
I have a BA in Econ and the requisite experience.
I want to work for myself. What certifications and notary?
I work in the financial sector already and feel that I would be reay to go. I wouldn’t charge for research time just consultation time.
You first step is to learn how to be a financial planner. A degree in Economics is a good start, but you probably want to get some real world experience in the Financial sector, optimally with another financial planner. You also may wish to get some supplimentary education specific to financial planning.
Once you have the skills and experience you need, you may still find it difficult to be paid by the hour. A lot of what you will do is overhead, like research or subscribing to financial services, that aren’t tied to any one client. Most financial planners either take a small cut of the principal invested, a larger cut of the returns, or commissions on trades. I’d imagine some work by the hour, but that is not the prevailing business model.
Independent, Unbiased Fee-based Financial Planning & Management
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