Is a financial consultant a good job?

Question

Zippia Team · Accepted Answer

Yes, being a financial consultant is a good job. Financial consulting can be an exciting career that is well paid and in demand. However, these jobs typically require a lot of travel - sometimes four to five times a week. This means that this is a great position for someone just starting out in their career and is looking to travel a lot.

Working as a financial consultant can be a lucrative career, especially once you have an established client base.

A mid-career Financial Consultant with five to nine years of experience earns an average total compensation of $75,972 a year. However, successful financial consultants have virtually unlimited earning potential, flexibility in work schedule, and control over their practice.

The Bureau of Labor Statistics projects that the employment of financial consultants will grow 27% between 2012 and 2020, much faster than the average of all occupations, In addition to offering valuable advice to clients, which is why financial consultants are in demand.

Financial consulting can be a rewarding and satisfying career. A financial consultant has the opportunity to be creative in building their client bases. While some focus on serving the Baby Boomer generation, others cater exclusively to Millennials.

Financial consultants can also decide to specialize in a particular type of client, such as doctors, lawyers, or entrepreneurs, or provide a wide range of products and services to clients, including financial planning, investment management, life or disability insurance, or retirement plans.