5 Reasons to Work in Financial Services
Whether you’re a college student deciding on your major or a professional who’s looking to switch careers, you might find what you’re looking for in the wealth management industry. A career in financial services can be fulfilling, rewarding, and full of opportunities. So let’s dive into five reasons you should consider a career in finance. The below just might surprise you!
1. Rapidly Growing Industry
The financial services industry is rapidly growing, and with that comes tremendous opportunities. With so many different career paths, including working in financial planning, financial analysts, client services, marketing, PR, and more – there are plenty of job opportunities. Here is a list of some interesting jobs in the wealth management industry that you might not have thought about. There are also opportunities to work at large Registered Investment Advisory (RIA) firms, boutique advisory firms, broker-dealers, banks, or custodians. There are opportunities at marketing and communications firms and with financial technology firms that service financial advisors. There’s also the ability to become an entrepreneur and open up your own RIA firm or consultancy. Whatever path you choose, the industry is waiting for you.
2. Professional Growth and Development
One of the best things about financial services is the opportunity to expand your knowledge on important topics that are prevalent in the industry. From fund management to financial planning, responsible investing, and digital assets, there’s something new to learn every day.
A career in the industry offers plenty of opportunities to grow professionally. In fact, you’ll be encouraged to continue expanding your areas of expertise and building your resume. For certain designations like Certified Financial Planner™ (CFP®), you’ll be required to complete a certain number of continuing education credits each year. The best part? Most employers will cover this cost.
A career in finance can be highly lucrative. With annual incomes in the $60,000-$130,000 range, there are ample opportunities to make a decent living. While your salary will depend on experience, location, and job function, the demand for new talent is high right now!
4. Helping Others
While earning a good salary is important, most people want to do work that fulfills them. The good news is that a career in financial planning is centered around helping other people. Financial advisors and wealth managers help their clients achieve financial freedom. One of the best thing about helping people with their finances is watching your clients grow their wealth over time to achieve their long-term goals. You will also establish lifelong relationships and play a major role in your client’s lives. By helping people manage finances, you are helping them fulfill their goals and live their life to the fullest.
5. It’s Not Just for People who Like Math
Even if you don’t see yourself as a “numbers person”, there are plenty of opportunities for a career in the financial services industry. There are roles centered around working with clients, technology, communications, and even event planning. Wherever your interests lie, chances are there will be an opportunity for you.
The financial services industry often gets a bad rap. However, at its core the industry is centered around helping others and has proven to be fruitful for ambitious individuals that are driven to make an impact in their lives and the lives of others. The opportunities for fulfillment, growth, security and satisfaction are never-ending. Jumpstart your future with a career in financial services today. For more information about current job openings, visit our careers page here.