What does a financial planner do?

Essentially, a financial planner is a professional who prepares financial plans and offer financial advice that best fits your current situation and needs.

The work is not only limited to calculation and numbers but expands into possessing great communication skills too. To be a financial advisor liked and welcomed by many, a good heart is also very important. While being in the industry is worthwhile, it also helps that the opportunities for growth are also exciting.

What opportunities are there for me in Singapore as a financial planner?

In Singapore where the population is affluent and ageing, economic opportunities are presenting themselves in many forms. In the years to come, wealth management and personal financial planning will continue to be an important service to help people meet their naturally increasing healthcare and lifestyle needs.

Many people are unable to make good financial decisions by themselves as they are lacking proper resources to do research or learn about financial planning alone. This is when financial planners enter and can value-add by offering a trusted and professional opinion to help people cover all, if not most, of their financial needs.

Traits needed to succeed as a financial planner?

1. Interested in learning about money

Good financial planners are individuals who love to learn about money (and make a lot of money) but they know to never cross the line of having their passion become an uncontrollable obsession.

Rather than seeing this as a job, it should be an endless journey of growth with the main purpose being to help other people reach their own financial goals and stability.

2. Genuinity

Lots of financial planners will say they are putting the interest of the client first but this has to be a given thing. In the long run, only professionals who are actually interested to help people will stay to serve and reward clients for their trust.

Successful financial planners all have a strong belief in the importance of financial planning and see financial planning as an outlet to give back to the community and help people.

3. Enjoys flexibility

One of the perks to being a financial planner is how you are not restricted to a boring 9-5 day job where you are bound to be stuck at your desk. A day in the life of a financial planner is unstructured and is never limited to four walls.

Where do I start?

If you are keen to find out more about financial planning as a career, check out our website www.normnadvisory.com for access to free ebook downloads to find out if being a financial planner should be your next step!