While the outlook for the US jobs market as a whole looks sluggish, an upward trend for jobs in the financial planning sector has been predicted by US brokerage and custody firm TD Ameritrade.
“Jobs in financial planning are booming and expected to grow at more than double the average growth rate for all occupations by 2020,” said a statement from the company, citing figures from the US Department of Labor.
In response to the projected statistics, TD Ameritrade has launched a financial education scholarship program for prospective financial planners, to ensure there is not a “talent shortage” as the industry grows.
“As more than 75 million baby boomers enter retirement many will be looking for the expertise of a financial advisor to help them manage their money and pursue their financial goals,” said Tom Nally, president, TD Ameritrade Institutional.
“A career in financial planning can be highly satisfying and financially rewarding, offering flexibility, as well the opportunity to make a positive impact on the lives of individuals and families.”
Labor’s stance on advice issues might be complicated, but if the current government fails to win a majority on the ...
Responding to an ASIC paper, the stockbrokers association has argued that the lack of advisers has impacted the ...
While the lead-up to the end of the financial year can be a whirlwind for financial advisers, two advice executives have ...
Never miss the stories that impact the industry.
Get the latest news! Subscribe to the ifa bulletin