Raseena Fathima

How the role of a Financial Planners has changed over the years and what it will be like in the future?

Give more insights on it

by Raseena Fathima
1 answer
| Share :

1 answer

RE: How the role of a Financial Planners has changed over the years and what it will be like in the future?

Preeti Taneja
Preeti Taneja
Verified Career Expert
Head Guidance & Counselling at Project Wisdom, CSR initiative of Canam Consultants Limited, Chandigarh
  • Chandigarh

Managing money is a tricky business, managing other people' money is not just tricky its also challenging and difficult. Considering most people need guidance on where to invest , how to save taxes, the best insurance scheme, which fund to invest in, which stock to hold , which one to sell , how to plan children education and their own retirement. Financial planners are most sought with a fast growing working population that earns well and needs expert handling of their finances.



Financial planning helps people make advance provision for financial needs that may arise in future. The financial planner takes care of financial health of their clients , ensuring orderly and systematic achievement of your financial goals. Strong attention to detail is required as financial planner is required to analyze all types of financial options, including their tax implications and legal restrictions.



Financial computing skills are required for performing the mathematical calculations quickly and accurately. He must also have the ability to communicate somewhat complex financial concepts and strategies to clients in non technical , easy to understand terms.



The Chartered Financial Planner course is presently offered in India by two authorized education providers of the Association of Financial Planner in technical collaboration with the financial planning association of Australia Limited .



The two years distance learning program covers topics such as insurance planning and risk management , retirement planning, tax and estate planning, employee benefits, wealth creation, cash flow management, debt management and financial plan construction. Alternatively an MBA/ CFA/ CA would also provide an individual keen on pursuing a career as financial planner a broad understanding of the various investment instruments and options and their implications.



A Career as financial planner is emerging as one of fastest growing profession across the globe and with huge demand supply gap in India , the aspirants planning a career as financial planner have bright career prospects.

In order to post replies to the question: "How the role of a Financial Planners has changed over the years and what it will be like in the future?"

Post Reply

Latest ANSWERS

What are the questions that will help me to find my dream career?

FIVE questions that will help you find your dream career. Starting as a kid everybody wanted to be a doctor or an engineer but goals of people change .. read more

What are the Careers in hospitality?

There always have been times in our lives when we have thought about whether we want to excel and take our existing careers ahead or completely switch .. read more

What are the fastest growing careers sector In 2017?

"There is no greater honor than supporting someone’s growth and evolution as a human being" —  Ellie Burrows       .. read more

which career is best after 10th for becoming an billionaire?

Hello Chinmay,  Interesting question. I agree with the above counselor, finance and especially stock markets is the easiest way to make money. Bu .. read more
Most Popular

How is the typical day of a Tourist Guide/Manager ?

Tour guides work in the travel industry, giving guided tours to groups of visitors. They are experts on the history of the location and offer their to .. read more

What is the eligibility criteria to be a Geologist?

Someone who's interested and concerned with Earth's natural resources may want to look into a career as a geologist. Geologists study the Earth to gai .. read more

What should choose between Software developer and Bank PO

We can compare both by the following factors. 1. On the basis of Salary: Starting salary for Bank PO Job - 38,000 – 42,000 Starting salary for I .. read more

Top 10 MBA Colleges that don’t require CAT Score

1. XLRI Jamshedpur- XAT 2. JBIMS-MHCet 3. SP Jain- CAT or XAT 4. IIFT  5. NMIMS 6. SIBM- SNAP 7. XIMB- XAT 8. MICA- Ahmedabad 9. SCMHRD -SNAP 10. .. read more