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Finance counselor vs certified finance planner

The differences between finance counselors and certified finance planners can be seen in a few details. Each job has different responsibilities and duties. It typically takes 2-4 years to become both a finance counselor and a certified finance planner. Additionally, a certified finance planner has an average salary of $75,400, which is higher than the $40,561 average annual salary of a finance counselor.

The top three skills for a finance counselor include patients, customer service and medical terminology. The most important skills for a certified finance planner are estate planning, securities, and investment management.

Finance counselor vs certified finance planner overview

Finance CounselorCertified Finance Planner
Yearly salary$40,561$75,400
Hourly rate$19.50$36.25
Growth rate15%15%
Number of jobs101,005117,578
Job satisfaction--
Most common degreeBachelor's Degree, 47%Bachelor's Degree, 73%
Average age4545
Years of experience44

Finance counselor vs certified finance planner salary

Finance counselors and certified finance planners have different pay scales, as shown below.

Finance CounselorCertified Finance Planner
Average salary$40,561$75,400
Salary rangeBetween $32,000 And $50,000Between $41,000 And $138,000
Highest paying CityGlen Cove, NY-
Highest paying stateNew York-
Best paying companyMorgan Stanley-
Best paying industryHealth Care-

Differences between finance counselor and certified finance planner education

There are a few differences between a finance counselor and a certified finance planner in terms of educational background:

Finance CounselorCertified Finance Planner
Most common degreeBachelor's Degree, 47%Bachelor's Degree, 73%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Finance counselor vs certified finance planner demographics

Here are the differences between finance counselors' and certified finance planners' demographics:

Finance CounselorCertified Finance Planner
Average age4545
Gender ratioMale, 21.0% Female, 79.0%Male, 62.6% Female, 37.4%
Race ratioBlack or African American, 6.1% Unknown, 4.4% Hispanic or Latino, 10.1% Asian, 5.8% White, 73.4% American Indian and Alaska Native, 0.1%Black or African American, 6.1% Unknown, 4.4% Hispanic or Latino, 10.0% Asian, 7.1% White, 72.3% American Indian and Alaska Native, 0.1%
LGBT Percentage5%5%

Differences between finance counselor and certified finance planner duties and responsibilities

Finance counselor example responsibilities.

  • Lead cleanup of company database and files with pending patient and insurance payments through Meditech software program.
  • Work one on one with the nurses to insure all patients are registered and treat with dignity and compassion.
  • Develop ad implement in-house software financial aid college work-study program.
  • Collect student paperwork to verify FAFSA applications to award accurate financial aid.
  • Provide excellent customer service reflecting respect and compassion towards every patient and visitor.
  • Interview and train college work-study personnel, and counsele students/parents for eligibility for financial aid.
  • Show more

Certified finance planner example responsibilities.

  • Manage and strengthen customer relationships through cross-selling and up-selling to maximize retention and income generation by contacting existing and prospective customers.
  • Assist individuals whom invest monies in variable annuities.
  • Manage financial planning, educate clients on fix indexed annuities, and consistently analyze financial markers and ever-changing client needs.
  • Analyze and test derivative modeling and dynamic hedging methods.

Finance counselor vs certified finance planner skills

Common finance counselor skills
  • Patients, 28%
  • Customer Service, 11%
  • Medical Terminology, 6%
  • Insurance Benefits, 5%
  • Insurance Coverage, 4%
  • Payment Arrangements, 4%
Common certified finance planner skills
  • Estate Planning, 16%
  • Securities, 7%
  • Investment Management, 7%
  • Life Insurance, 6%
  • Tax Planning, 5%
  • Retirement Planning, 5%

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