How much can you expect to earn working as a financial planner?
If you enjoy working with numbers then embarking on a career as a financial planner might be a good idea. The work you would be expected to do varies and is usually interesting and stretching. Of course, you need to have the right experience or training to become a financial planner, but the salary rewards can be impressive.
If you like the idea of entering the profession, but are concerned about having to complete the required training, you may want to consider an online training course, like the accounting courses at Upskilled. Completing the training online provides you with an increased level of flexibility. This means that if you are already working full time you can continue in your current role as you train. This can be a significant financial advantage.
What can you expect to do as a financial planner?
If you decide to embark on a career in financial planning you may be wondering what you would be expected to do. Understandably you have to have an in depth knowledge of the finance world. You also have to be adept at strategic thinking, in addition to being able to communicate your strategic ideas in a clear and precise manner.
The work of a financial planner can involve creating plans and strategies for both individuals and organisations; it’s a diverse occupation. If you are employed in a business environment your work will be vital in helping to retain and acquire clients and customers. You need to do all of this while working within the constraints of risk and compliance procedures, rules and regulations.
What salary can you expect to earn as a financial planner?
As with any career, one of your main concerns if you start working as a financial planner is likely to be the amount of money you can earn. The good news is that the salary for this demanding role is at a competitive level of between AU$65,000 and AU$70,000.
Of course, this does not mean that you should expect to earn at the high end of the salary range when you first change career. Depending on your level of experience in finance you may have to be willing to start at a slightly lower salary. This does not present too much of a problem as there is plenty of opportunity in the world of financial planning and you can easily increase your salary expectations as you gain more experience in your new role.
It’s never an easy decision to change career but it can be a really good step to take if you relish a new challenge. Finance is a vital arena in the business world and there is always great demand for people who have a high level of financial acumen. This is why it could be a very good idea to take your love of figures and finance and convert it into a profitable career.
