Education · 1 of 5

The path

A degree, licensing exams, and a certification that takes real experience hours.

  1. 1

    High school

    Grade 12

    Math, economics and any business class. Just as important, get comfortable talking to adults you do not know.

  2. 2

    Bachelor's degree

    4 years

    Any subject works, but personal financial planning, finance, accounting, economics or math prepare you best. Some degrees include the certification coursework.

  3. 3

    Get licensed for what you will sell

    A few months

    The Series 65 exam to advise for a fee, or securities and insurance licenses if you sell products. Which ones depends on the firm.

  4. 4

    Work as a paraplanner

    2 to 3 years

    Build plans behind a senior advisor, sit in on meetings, learn the software and the conversations before you own a client.

  5. 5

    Finish the Certified Financial Planner requirements

    18 to 24 months

    Coursework, a 170-question exam in two 3-hour sessions on one day, 6,000 hours of professional experience or 4,000 hours of apprenticeship, plus an ethics declaration and background check.