How to Become a Financial Advisor


Becoming a financial advisor is not as difficult as one might think. Many steps can be taken to become fully credentialed and qualified. The most important part is getting started and following through with the necessary steps. 

This article will outline those steps so that entrepreneurs can better understand what is involved in becoming a financial advisor.


Get a Bachelor’s Degree

The first step is to get a bachelor’s degree. While having a degree to become a financial advisor is not required, it will give you a good foundation on which to build your knowledge. Many different majors can benefit from this career, such as accounting, finance, or economics.


Decide On A Niche

Once you have a degree, you must decide on a niche. This is essential because it will help you focus your energies on the right areas. There are many different niches that you can choose from, such as retirement planning, investment planning, or tax planning. Find one that interests you and that you have a passion for.


Get An Internship Or Apprenticeship

After you have chosen your niche, you will need to get an internship or apprenticeship. This is a great way to learn about the industry and gain experience. Many financial advisor firms offer internships, so check with them first. You can also look for apprenticeships through the financial planning association.


Acquire Certifications and Licenses

Once you have completed your internship or apprenticeship, you must acquire certifications and licenses. You can choose from many different credentials, so be sure to research them carefully. The most common ones are the CFP® and ChFC®. You will also need to obtain a license from your state’s securities regulator.


Develop Any Other Skills Necessary for the Role

In addition to the above steps, you will also need to develop any other skills necessary for the role. This can include sales skills, marketing skills, and communication skills. These are all important to succeed in this career.



Becoming a financial advisor is a great way to help people with their finances. It is a challenging and rewarding career that can be very rewarding. If you are interested in becoming a financial advisor, follow the above mentioned steps. With dedication and hard work, you can achieve your goals.