Becoming a Financial Planner via Online Education?
At the very least, online education can help you lay a foundation and/or open up alternate career paths.
Kaplan University, one of the highest ranking online
schools,
is a US school (accredited) offering finance courses to train individuals
to become top-notch
financial managers,
finance analysts,
financial planners,
corporate finance consultants,
corporate finance analysts,
finance professionals, etc.
Currently, according to the US Bureau of Labor Statistics there are 495,180 people employed as
financial managers alone in America, and their average annual salary is
$113,730.
Budget analysts make on average $69,240
per year and there are about 60,970
of them employed today.
Colleges and universities like Kaplan University that provide online education are successfully launching workers into
this
field.
Typical Work Locations for a Financial Planner
- in an office
- in a corporate suite
- in a finance office
- in a tax office
- in a government office
- for the IRS
- meeting with clients in a coffee shop
- going over papers in a warehouse
- in meetings
- traveling to meet with clients
Potential Advantages and Benefits of Working as a Financial Planner
- have dental insurance
- have vision insurance
- have a flex spending account plan
- have life and insurance
- have business travel accident insurance
- have retirement and savings
- have 12 paid holidays
- have tuition reimbursement
- have parental leave
- have take out benefits
Potential Drawbacks
- work by yourself sometimes
- be responsible for large sums of money
- deal with frustrated clients
- have a great knowledge of finances
- sometimes work late
- have to meet all deadlines and appointments
- keep up with daily changes of finances
- deal with lack of creativity in workplace
- set own goals to enjoy job
- work with math a lot
Related Professions to Consider
- Investment Banker
- Consultant
- Analyst
- Tax Representative
- Estate Planner
- Stock Broker
- Insurance Salesman
- Mortgage Broker
- Pension planner
- Banker
Possible Interview Questions When Applying to be a Financial Planner
- What skills and qualifications will you bring to our organization?
- Please tell us about your approach to financial planning?
- Please elaborate some services that you offer?
- Why do you want to work with our organization?
- What do you think it takes to be successful in an organization like this?
- What is your business plan including prospects and how you will grow that business?
- Describe how you networked to achieve an important goal and what were the results.?
- Describe a situation where you had to perform under pressure and what were the results?
- What will it take to attain your goals and what steps have you taken toward attaining them?
- At what point did you choose this career?
Common Collaborating Professions
- Financial advisor
- Financial Trainer
- Finance Manager
- Finance analyst
- Finance Minister
- Chated Account
- Finance director
- Accountant
- Finance Supervisor
- Finance Leader
Financial Planner Training books
Financial Planner (More) Popular books
Potential Companies to Work For
Common College Majors
- accounting
- advertising
- business
- communications
- construction management
- finance
- financial management
- financial planning
- hospitality management
- human resources
Financial Planner Salary Information
Category: Financial managers
| Total # Employed in the US |
495,180 |
| Average Hourly Wage: |
$54.68/hr |
| Hourly Wage Range |
| PERCENTILE |
| 10% | 25% | 50% | 75% | 90% |
| $26.33 |
$35.35 |
$48.65 |
$66.35 |
$0.0 |
|
| Average Yearly Salary |
$113,730 |
| Yearly Salary Range |
| PERCENTILE |
| 10% | 25% | 50% | 75% | 90% |
| $54,760 |
$73,530 |
$101,190 |
$138,010 |
$0 |
|
| Employment Demographics |
| % OF WORKERS WITH |
| < High School Diploma |
High School Diploma |
Some College |
Associate Degree |
Bachelor Degree |
Master Degree |
Doctoral Degree |
| 1.0% |
12.4% |
19.5% |
7.9% |
40.0% |
17.1% |
2.1% |
|
Financial managers — WAGES BY STATE, SORTED BY SALARY
| STATE | Average Hourly Wage | Average Annual Salary |
| Oklahoma |
$71.19/hr
|
$148,070
|
| District of Columbia |
$63.37/hr
|
$131,810
|
| North Dakota |
$62.74/hr
|
$130,500
|
| Colorado |
$61.59/hr
|
$128,100
|
| Missouri |
$58.83/hr
|
$122,370
|
| Florida |
$58.2/hr
|
$121,050
|
| Nebraska |
$56.28/hr
|
$117,050
|
| Connecticut |
$55.91/hr
|
$116,300
|
| Kansas |
$54.93/hr
|
$114,250
|
| Wyoming |
$54.39/hr
|
$113,120
|
| Virginia |
$54.24/hr
|
$112,810
|
| Hawaii |
$53.83/hr
|
$111,970
|
| South Carolina |
$53.1/hr
|
$110,440
|
| Delaware |
$52.86/hr
|
$109,950
|
| Oregon |
$52.46/hr
|
$109,120
|
| Idaho |
$51.87/hr
|
$107,880
|
| Puerto Rico |
$51.68/hr
|
$107,500
|
| New Hampshire |
$51.47/hr
|
$107,060
|
| New Mexico |
$50.83/hr
|
$105,730
|
| Mississippi |
$50.51/hr
|
$105,050
|
| Tennessee |
$50.51/hr
|
$105,060
|
| West Virginia |
$49.48/hr
|
$102,920
|
| Utah |
$49.24/hr
|
$102,410
|
| Kentucky |
$48.63/hr
|
$101,150
|
| Montana |
$48.18/hr
|
$100,210
|
| Alabama |
$47.94/hr
|
$99,710
|
| North Carolina |
$47.93/hr
|
$99,690
|
| Guam |
$46.23/hr
|
$96,150
|
| New York |
$45.91/hr
|
$95,490
|
| Arkansas |
$45.27/hr
|
$94,160
|
| Louisiana |
$45.26/hr
|
$94,130
|
| Washington |
$44.77/hr
|
$93,120
|
| Indiana |
$42.47/hr
|
$88,340
|
| Alaska |
$42.2/hr
|
$87,770
|
| Ohio |
$42.04/hr
|
$87,440
|
| Pennsylvania |
$41.38/hr
|
$86,060
|
| Maine |
$41.27/hr
|
$85,830
|
| South Dakota |
$39.55/hr
|
$82,260
|
| Maryland |
$39.24/hr
|
$81,620
|
| Wisconsin |
$39.15/hr
|
$81,430
|
| Michigan |
$38.7/hr
|
$80,490
|
| Massachusetts |
$38.57/hr
|
$80,220
|
| California |
$38.25/hr
|
$79,550
|
| Nevada |
$37.29/hr
|
$77,570
|
| Iowa |
$35.5/hr
|
$73,850
|
| New Jersey |
$35.04/hr
|
$72,890
|
Category: Budget analysts
| Total # Employed in the US |
60,970 |
| Average Hourly Wage: |
$33.29/hr |
| Hourly Wage Range |
| PERCENTILE |
| 10% | 25% | 50% | 75% | 90% |
| $20.95 |
$25.7 |
$32.05 |
$39.96 |
$48.5 |
|
| Average Yearly Salary |
$69,240 |
| Yearly Salary Range |
| PERCENTILE |
| 10% | 25% | 50% | 75% | 90% |
| $43,570 |
$53,460 |
$66,660 |
$83,110 |
$100,880 |
|
| Employment Demographics |
| % OF WORKERS WITH |
| < High School Diploma |
High School Diploma |
Some College |
Associate Degree |
Bachelor Degree |
Master Degree |
Doctoral Degree |
| 0.7% |
7.2% |
16.3% |
7.5% |
42.4% |
24.4% |
1.6% |
|
Budget analysts — WAGES BY STATE, SORTED BY SALARY
| STATE | Average Hourly Wage | Average Annual Salary |
| Florida |
$39.67/hr
|
$82,510
|
| Colorado |
$36.7/hr
|
$76,340
|
| Delaware |
$35.58/hr
|
$74,010
|
| Mississippi |
$35.45/hr
|
$73,740
|
| Virginia |
$35.11/hr
|
$73,020
|
| Missouri |
$34.6/hr
|
$71,960
|
| North Dakota |
$34.27/hr
|
$71,270
|
| New York |
$34.19/hr
|
$71,110
|
| Kansas |
$34.07/hr
|
$70,860
|
| Connecticut |
$33.33/hr
|
$69,320
|
| Alabama |
$33.07/hr
|
$68,780
|
| South Carolina |
$32.87/hr
|
$68,360
|
| Indiana |
$32.79/hr
|
$68,210
|
| Iowa |
$32.73/hr
|
$68,080
|
| North Carolina |
$32.69/hr
|
$67,990
|
| Nebraska |
$32.44/hr
|
$67,470
|
| Idaho |
$32.18/hr
|
$66,940
|
| Montana |
$32.05/hr
|
$66,670
|
| Alaska |
$32.04/hr
|
$66,640
|
| Wyoming |
$31.78/hr
|
$66,110
|
| Ohio |
$31.78/hr
|
$66,110
|
| Utah |
$31.54/hr
|
$65,600
|
| Guam |
$31.45/hr
|
$65,410
|
| Oklahoma |
$31.1/hr
|
$64,690
|
| New Hampshire |
$30.93/hr
|
$64,320
|
| Oregon |
$30.83/hr
|
$64,140
|
| Kentucky |
$30.73/hr
|
$63,930
|
| Arkansas |
$30.55/hr
|
$63,540
|
| Tennessee |
$30.35/hr
|
$63,120
|
| Hawaii |
$30.18/hr
|
$62,770
|
| District of Columbia |
$29.61/hr
|
$61,590
|
| Pennsylvania |
$29.36/hr
|
$61,070
|
| Wisconsin |
$29.24/hr
|
$60,830
|
| Michigan |
$29.21/hr
|
$60,750
|
| Louisiana |
$28.92/hr
|
$60,150
|
| Puerto Rico |
$28.73/hr
|
$59,770
|
| Maine |
$28.63/hr
|
$59,550
|
| Washington |
$28.36/hr
|
$58,980
|
| New Mexico |
$28.07/hr
|
$58,390
|
| Nevada |
$27.95/hr
|
$58,140
|
| California |
$27.49/hr
|
$57,180
|
| Massachusetts |
$26.71/hr
|
$55,560
|
| South Dakota |
$26.3/hr
|
$54,700
|
| New Jersey |
$26.27/hr
|
$54,640
|
| Maryland |
$26.21/hr
|
$54,510
|
| West Virginia |
$25.19/hr
|
$52,400
|
Category: Financial analysts
| Total # Employed in the US |
235,240 |
| Average Hourly Wage: |
$40.98/hr |
| Hourly Wage Range |
| PERCENTILE |
| 10% | 25% | 50% | 75% | 90% |
| $21.19 |
$26.75 |
$35.42 |
$47.56 |
$67.0 |
|
| Average Yearly Salary |
$85,240 |
| Yearly Salary Range |
| PERCENTILE |
| 10% | 25% | 50% | 75% | 90% |
| $44,080 |
$55,640 |
$73,670 |
$98,920 |
$139,350 |
|
| Employment Demographics |
| % OF WORKERS WITH |
| < High School Diploma |
High School Diploma |
Some College |
Associate Degree |
Bachelor Degree |
Master Degree |
Doctoral Degree |
| 0.9% |
4.4% |
10.1% |
2.7% |
44.6% |
31.0% |
6.2% |
|
Financial analysts — WAGES BY STATE, SORTED BY SALARY
| STATE | Average Hourly Wage | Average Annual Salary |
| Oklahoma |
$51.75/hr
|
$107,650
|
| Colorado |
$46.61/hr
|
$96,960
|
| Delaware |
$45.69/hr
|
$95,040
|
| Missouri |
$45.08/hr
|
$93,760
|
| Tennessee |
$43.83/hr
|
$91,170
|
| Florida |
$42.91/hr
|
$89,260
|
| Connecticut |
$40.68/hr
|
$84,620
|
| Kansas |
$40.59/hr
|
$84,420
|
| Michigan |
$39.96/hr
|
$83,120
|
| District of Columbia |
$39.17/hr
|
$81,480
|
| Mississippi |
$39.15/hr
|
$81,420
|
| Wyoming |
$38.4/hr
|
$79,860
|
| North Dakota |
$38.24/hr
|
$79,540
|
| Indiana |
$37.6/hr
|
$78,210
|
| Montana |
$37.35/hr
|
$77,680
|
| Utah |
$37.19/hr
|
$77,360
|
| Maine |
$37.09/hr
|
$77,160
|
| Idaho |
$36.88/hr
|
$76,710
|
| Alaska |
$36.63/hr
|
$76,190
|
| Puerto Rico |
$36.24/hr
|
$75,370
|
| Nebraska |
$36.23/hr
|
$75,360
|
| Oregon |
$36.17/hr
|
$75,230
|
| Ohio |
$35.74/hr
|
$74,340
|
| New Hampshire |
$35.34/hr
|
$73,520
|
| South Carolina |
$35.19/hr
|
$73,200
|
| Massachusetts |
$33.62/hr
|
$69,940
|
| Wisconsin |
$33.55/hr
|
$69,790
|
| Kentucky |
$33.03/hr
|
$68,690
|
| Hawaii |
$32.79/hr
|
$68,210
|
| North Carolina |
$32.5/hr
|
$67,590
|
| Arkansas |
$32.13/hr
|
$66,820
|
| Nevada |
$31.89/hr
|
$66,340
|
| Louisiana |
$31.46/hr
|
$65,430
|
| Maryland |
$31.24/hr
|
$64,980
|
| Virginia |
$30.94/hr
|
$64,350
|
| Alabama |
$30.55/hr
|
$63,540
|
| Iowa |
$30.29/hr
|
$63,000
|
| New York |
$30.14/hr
|
$62,680
|
| Guam |
$30.01/hr
|
$62,420
|
| New Jersey |
$29.97/hr
|
$62,340
|
| South Dakota |
$29.93/hr
|
$62,260
|
| Washington |
$29.6/hr
|
$61,570
|
| California |
$29.07/hr
|
$60,470
|
| Pennsylvania |
$29.05/hr
|
$60,420
|
| New Mexico |
$28.12/hr
|
$58,490
|
| West Virginia |
$26.36/hr
|
$54,830
|
Category: Loan counselors
| Total # Employed in the US |
30,360 |
| Average Hourly Wage: |
$19.68/hr |
| Hourly Wage Range |
| PERCENTILE |
| 10% | 25% | 50% | 75% | 90% |
| $12.8 |
$14.89 |
$17.94 |
$22.38 |
$29.43 |
|
| Average Yearly Salary |
$40,930 |
| Yearly Salary Range |
| PERCENTILE |
| 10% | 25% | 50% | 75% | 90% |
| $26,630 |
$30,970 |
$37,320 |
$46,550 |
$61,210 |
|
| Employment Demographics |
| % OF WORKERS WITH |
| < High School Diploma |
High School Diploma |
Some College |
Associate Degree |
Bachelor Degree |
Master Degree |
Doctoral Degree |
| 1.1% |
15.4% |
25.5% |
10.1% |
39.5% |
7.5% |
0.9% |
|
Loan counselors — WAGES BY STATE, SORTED BY SALARY
| STATE | Average Hourly Wage | Average Annual Salary |
| Michigan |
$25.78/hr
|
$53,610
|
| Mississippi |
$23.16/hr
|
$48,180
|
| California |
$23.06/hr
|
$47,960
|
| Oklahoma |
$22.49/hr
|
$46,770
|
| Kansas |
$22.4/hr
|
$46,600
|
| Connecticut |
$22.09/hr
|
$45,940
|
| Indiana |
$22.08/hr
|
$45,920
|
| Missouri |
$22.05/hr
|
$45,860
|
| Delaware |
$21.76/hr
|
$45,260
|
| Montana |
$21.63/hr
|
$44,980
|
| Nevada |
$21.61/hr
|
$44,950
|
| North Carolina |
$21.47/hr
|
$44,650
|
| Idaho |
$21.07/hr
|
$43,820
|
| North Dakota |
$20.79/hr
|
$43,250
|
| Colorado |
$20.73/hr
|
$43,110
|
| Hawaii |
$20.63/hr
|
$42,910
|
| New Jersey |
$20.61/hr
|
$42,860
|
| Massachusetts |
$20.49/hr
|
$42,610
|
| New Mexico |
$20.49/hr
|
$42,620
|
| New York |
$20.39/hr
|
$42,410
|
| Pennsylvania |
$20.21/hr
|
$42,030
|
| Virginia |
$20.19/hr
|
$42,000
|
| Guam |
$20.11/hr
|
$41,820
|
| Utah |
$19.71/hr
|
$41,000
|
| Tennessee |
$19.43/hr
|
$40,410
|
| New Hampshire |
$19.27/hr
|
$40,090
|
| Nebraska |
$19.19/hr
|
$39,910
|
| South Carolina |
$19.09/hr
|
$39,720
|
| Kentucky |
$19.01/hr
|
$39,550
|
| Washington |
$18.99/hr
|
$39,490
|
| District of Columbia |
$18.94/hr
|
$39,390
|
| Wisconsin |
$18.75/hr
|
$39,000
|
| Maryland |
$18.5/hr
|
$38,470
|
| Puerto Rico |
$18.44/hr
|
$38,350
|
| Arkansas |
$18.37/hr
|
$38,210
|
| Alaska |
$18.27/hr
|
$38,000
|
| Wyoming |
$17.92/hr
|
$37,270
|
| Iowa |
$17.45/hr
|
$36,300
|
| Louisiana |
$17.25/hr
|
$35,870
|
| Oregon |
$16.39/hr
|
$34,090
|
| Alabama |
$16.12/hr
|
$33,530
|
| South Dakota |
$15.36/hr
|
$31,960
|
| Maine |
$15.35/hr
|
$31,940
|
Category: Financial specialists, all other
| Total # Employed in the US |
153,720 |
| Average Hourly Wage: |
$31.16/hr |
| Hourly Wage Range |
| PERCENTILE |
| 10% | 25% | 50% | 75% | 90% |
| $16.87 |
$21.18 |
$28.05 |
$37.63 |
$49.31 |
|
| Average Yearly Salary |
$64,810 |
| Yearly Salary Range |
| PERCENTILE |
| 10% | 25% | 50% | 75% | 90% |
| $35,100 |
$44,050 |
$58,350 |
$78,280 |
$102,560 |
|
| Employment Demographics |
| % OF WORKERS WITH |
| < High School Diploma |
High School Diploma |
Some College |
Associate Degree |
Bachelor Degree |
Master Degree |
Doctoral Degree |
| 2.2% |
15.8% |
21.1% |
10.0% |
34.1% |
13.9% |
2.9% |
|
Financial specialists, all other — WAGES BY STATE, SORTED BY SALARY
| STATE | Average Hourly Wage | Average Annual Salary |
| Florida |
$43.46/hr
|
$90,410
|
| Delaware |
$38.77/hr
|
$80,650
|
| Missouri |
$34.91/hr
|
$72,610
|
| Kansas |
$34.77/hr
|
$72,320
|
| Oklahoma |
$33.78/hr
|
$70,260
|
| Colorado |
$32.56/hr
|
$67,730
|
| Connecticut |
$32.46/hr
|
$67,510
|
| Nevada |
$32.26/hr
|
$67,100
|
| Indiana |
$31.91/hr
|
$66,370
|
| Maine |
$31.89/hr
|
$66,330
|
| West Virginia |
$31.67/hr
|
$65,880
|
| North Dakota |
$31.64/hr
|
$65,810
|
| South Carolina |
$31.45/hr
|
$65,410
|
| Oregon |
$31.17/hr
|
$64,830
|
| Mississippi |
$31.03/hr
|
$64,530
|
| Utah |
$31.02/hr
|
$64,510
|
| Alabama |
$30.91/hr
|
$64,280
|
| North Carolina |
$30.82/hr
|
$64,100
|
| Montana |
$29.98/hr
|
$62,350
|
| New Hampshire |
$29.64/hr
|
$61,660
|
| South Dakota |
$29.61/hr
|
$61,590
|
| Wisconsin |
$29.45/hr
|
$61,260
|
| Guam |
$29.28/hr
|
$60,900
|
| New Mexico |
$29.15/hr
|
$60,640
|
| Wyoming |
$29.13/hr
|
$60,590
|
| Washington |
$29.11/hr
|
$60,540
|
| Nebraska |
$28.86/hr
|
$60,030
|
| Alaska |
$28.72/hr
|
$59,740
|
| Tennessee |
$28.51/hr
|
$59,300
|
| Kentucky |
$28.3/hr
|
$58,870
|
| Hawaii |
$28.26/hr
|
$58,790
|
| Puerto Rico |
$28.21/hr
|
$58,670
|
| Ohio |
$27.99/hr
|
$58,220
|
| New York |
$26.99/hr
|
$56,130
|
| Iowa |
$26.77/hr
|
$55,680
|
| Idaho |
$26.69/hr
|
$55,510
|
| Virginia |
$26.36/hr
|
$54,820
|
| Michigan |
$25.94/hr
|
$53,940
|
| Arkansas |
$24.76/hr
|
$51,490
|
| Maryland |
$24.68/hr
|
$51,340
|
| New Jersey |
$24.47/hr
|
$50,890
|
| Louisiana |
$24.21/hr
|
$50,350
|
| California |
$22.93/hr
|
$47,680
|
| Pennsylvania |
$22.56/hr
|
$46,920
|