Should You Become a Financial Planner? 3 Key Benefits of This Career Path

In today’s evolving economic landscape, financial planners play a critical role in helping individuals and businesses make sound financial decisions. If you’re considering a career in finance, becoming a financial planner could be a rewarding and impactful path.

At Pepperdine University’s Graziadio Business School, the Master of Science in Applied Finance program equips students with the practical knowledge and ethical foundation needed to thrive in financial services. In this article, we explore three key benefits of becoming a financial planner and how earning an advanced degree can give you a competitive edge.

What Does a Financial Planner Do?

Before diving into the benefits, let’s take a quick look at the core responsibilities of a financial planner. These professionals work closely with individuals, families, and businesses to develop tailored strategies for managing money, investing wisely, planning for retirement, and achieving long-term financial goals.

Common Duties Include:

• Creating personalized financial plans
• Providing investment advice
• Budgeting and debt management
• Retirement and estate planning
• Risk assessment and insurance guidance
• Monitoring and adjusting financial plans over time

Financial planners may work independently, as part of a financial services firm, or in a corporate setting.

Benefit #1: Strong Job Outlook and Career Stability

In a time when many industries are being disrupted by automation and economic uncertainty, financial planning stands out for its longevity and growth.

The U.S. Bureau of Labor Statistics projects employment for personal financial advisors to grow 13% from 2022 to 2032—much faster than the average for all occupations.

This strong outlook is fueled by several key trends:

• Aging population: As Baby Boomers retire, there’s rising demand for retirement and estate planning.
• Increased financial complexity: More individuals seek guidance on investing, tax planning, and debt management.
• Wealth transfer: An estimated $84 trillion is expected to pass from older to younger generations by 2045, increasing the need for strategic financial planning.

With long-term demand and a diverse client base, financial planning offers meaningful career stability and upward mobility.

Benefit #2: Opportunity to Make a Real Difference

Financial planning isn’t just about numbers—it’s about people. One of the most rewarding aspects of this profession is the ability to make a tangible difference in your clients’ lives.

You’ll Help People:

• Gain clarity about their financial future
• Reduce financial stress and anxiety
• Reach personal milestones like buying a home or starting a business
• Prepare for retirement with confidence
• Leave a legacy for future generations

“Helping someone achieve their financial goals is a deeply personal and impactful experience—it’s where finance meets human connection.”

Whether you’re guiding a young professional through their first investment or helping a family plan for college expenses, your expertise can offer peace of mind and empower better decisions.

Benefit #3: Versatile Career Paths and Independence

Another compelling advantage of becoming a financial planner is the flexibility and autonomy the field offers. With specialized skills and the right credentials, you can carve out a career that aligns with your goals, values, and lifestyle.

Career Path Options:

Many financial planners also enjoy the ability to set their own schedules, work remotely, and choose the types of clients they want to serve.

Key Skills and Certifications for Financial Planners

To succeed in this profession, you’ll need a blend of technical expertise, soft skills, and industry certifications.

Essential Skills:

• Analytical thinking
• Communication and interpersonal skills
• Problem-solving abilities
• Ethical decision-making
• Emotional intelligence

Valuable Certifications:

• Certified Financial Planner™ (CFP®) – Highly respected and often required by employers.
• Chartered Financial Analyst® (CFA®) – A rigorous designation focused on investment management.
• FINRA Series Licenses – Required for selling certain investment products.

A strong educational foundation, like an MS in Applied Finance, can help you gain essential knowledge and stand out to employers.

How Pepperdine Prepares You for a Career in Financial Planning

At Pepperdine Graziadio Business School, the MS in Applied Finance program blends theory and real-world application to give you the edge in a competitive job market.

Program Highlights:

• Practical, hands-on learning through financial modeling, valuation, and investment strategy.
• Ethical foundation rooted in values-centered leadership.
• Expert faculty with real-world industry experience.
• Career services that support job placement, résumé building, and interview prep.

Graduates of the program often pursue roles in financial planning, wealth management, corporate finance, and investment analysis.

Is Financial Planning the Right Fit for You?

Still wondering if this is the right path for you? Here’s a quick checklist to help you decide.

You Might Thrive as a Financial Planner If You:

✅ Enjoy helping others solve complex problems
✅ Have a strong interest in personal finance and investing
✅ Want a career with long-term growth potential
✅ Are comfortable with both data and people
✅ Value independence and flexibility in your work

FAQs About Becoming a Financial Planner

Q: Do I need a master’s degree to become a financial planner?
 A: Not necessarily, but a graduate degree like the MS in Applied Finance can significantly enhance your job prospects and prepare you for advanced roles.

Q: How long does it take to become a Certified Financial Planner (CFP®)?
 A: It typically takes 12–18 months to complete the required coursework and exam, in addition to work experience requirements.

Q: Can I become a financial planner without a background in finance?
 A: Yes. Many MS in Applied Finance students come from diverse academic and professional backgrounds.

Next Steps: Start Your Journey in Finance

A career in financial planning offers stability, impact, and flexibility. If you’re ready to take the next step, explore how Pepperdine’s MS in Applied Finance can help you build a successful career.

📌 Learn More & Apply:
 ➡ Visit the Pepperdine Graziadio Business School Homepage
 ➡ Explore the MS in Applied Finance Program
 ➡ Start Your Application Today: Apply Now