Choose your pathway: Personal Financial Advisor
With a Finance MBA from Pepperdine University, a nationally ranked school, you can pursue a variety of financial careers, including personal financial advisor, the #4 “Best Business Job” and #8 “Best STEM Job” according to U.S. News & World Report (2016).
Did you know that personal financial advisors are ranked #31 among the “100 Best Jobs”? (U.S. News & World Report, 2016)
What do personal financial advisors do?
Personal financial advisors help clients plan and make informed decisions about their finances. Whether they are creating budgets for a retirement plan or analyzing investment opportunities, personal financial advisors are there to help everyday people become financially literate. In many ways, personal financial advisors work as financial educators, which means they must have a deep understanding of their subject and be able to listen to clients and communicate complex ideas in a way that makes them simple to understand.
Personal financial advisors can also be wealth managers, which caters more to the personal finances of wealthy clients. The wealthier the client, the more complex their financial plan can become. Working with this client base means approaching investments and planning on a larger, more involved scale than with other clients.
What is the career outlook for personal financial advisors?
The U.S. Bureau of Labor Statistics projects personal financial advisor roles to grow by 30% from 2014 to 2024, making it one of the fastest-growing occupations over the next decade. With an expected 73,900 new positions on top of the 249,400 personal financial advisor jobs already in existence and a low unemployment rate of 3.3%, pursuing a career as a personal financial advisor offers a great ROI.
What can you earn as a personal financial advisor?
In the business world, financial expertise pays off. The median annual wage for personal financial advisors was $89,160 in 2015, according to the BLS. The highest 10% earned more than $187,200.
Did you know that personal financial advisors are ranked #22 among the “Best Paying Jobs” in the nation by U.S. News & World Report?
Finance-focused mid-career MBA holders earn approximately $130,000 on average, which makes Finance one of the highest-paying MBA concentrations available (Poets & Quants, 2016).
What’s your next step?
Step 1:and get started.
An enrollment advisor will contact you to start the enrollment process and answer any in-depth questions not covered in our FAQ.
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