As a Financial Advisor, you will be responsible for advising people in terms of their finances to help them maintain and expand their wealth. It is an extremely important and rewarding job, due to the important role finances play in people’s lives. It is typically a well-paid career path too, with lots of career progression …
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Table of contents: Financial Advisors, what do they do? How much does a Financial Advisor earn? How long do Financial Advisors work? The benefits of being a Financial Advisor Types of Financial Advisor Employed VS Self-employed What qualifications do I need to become a Financial Advisor? Desirable Qualities of a Financial Advisor Different Routes to …
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The career of a Financial Advisor, like many other professions, is plagued by many misconceptions. In this blog, we’ll run through 5 of these myths and see if there’s any gravity to the statements. Myth #1 “You can do it all yourself without any support“ Although technically you can, many will massively struggle with juggling all …
What is the Advanced Diploma in Financial Planning? “The RQF Level 6 Advanced Diploma in Financial Planning builds on existing knowledge enabling advisers to develop specialist planning capabilities and offer a sophisticated and comprehensive approach to financial management. Members with over five years’ sector experience can apply for Chartered Financial Planner status on completion of …
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What is Adv DipFA? Adv DipFA is a level 6 qualification provided by the London Institute of Banking & Finance and is registered with Ofqual in the Regulated Qualifications Framework (RQF) and recognised by the Financial Conduct Authority (FCA). It succeeds the DipFA qualification which is the qualification that is required to provide professional advice …
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Benefits of Chartered status Higher income potential – Chartered individuals can often demand a higher salary than that of a regular Financial Advisor or Paraplanner for example, Glassdoor reported that the median salary for a Financial Planner is around £54,000 whereas a Chartered Financial Planner makes around £14,500 per annum more at close to £69,000! …
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What is DipPFS? DipPFS comprises unit options from the CII Personal Finance qualifications framework, providing a total of 100 credits (Diploma in Regulated Financial Planning) or 140 credits (Diploma in Financial Planning) on successful completion and there are 37 units to choose from. Important note – AF2 and J03 will be withdrawn after the 2020-2021 syllabus, …
Many roles in the Financial Services market require you to be “Diploma Qualified” and you may be confused at the vagueness of this statement. Hopefully, in this blog, we will be able to break down for you the differences in the two main diplomas for financial planning. What are the two main diplomas for financial …
Tips for getting CAS Some advice we would give is: Know the company’s processes – As mentioned these can differ in small ways from company to company so it is really important that you know the finer details when looking to obtain CAS. Ask for any materials that could help or a list of standards …
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The Diploma for Financial Advisors (DipFA) is a Level 4 FCA-approved qualification that is required to provide professional advice on retail investment(s). DipFA is one of the main qualifications needed to start a career as a Financial Advisor and studying for it can be daunting if you don’t know how to approach it. In this …
Continue reading “An Overview of the DipFA qualification: What is DipFA”
