A senior financial consultant and former business development specialist for brokerage firm TD Ameritrade, Edward Marsi began his career in sales and restaurant management. Edward (Ed) Marsi entered the financial planning sector as an education counselor for TD Ameritrade Investools, eventually earning the experience and credentials to secure his current position.
The demand for qualified financial planners is expected to rise 27 percent over the next five years. Jobs in the sector are generally well paid and offer opportunities for advancement into managerial, supervisory, and executive positions.
Entry-level jobs require at least a four-year degree, most commonly in finance, accounting, or business. Many in the field also obtain certifications such as the Certified Financial Planner (CFP) or licenses regulated by the Financial Industry Regulatory Authority. Others may specialize in certain types of investments or services.
It is common for financial planners to start in junior or supportive roles while at university to gain the experience needed to sit the certification and licensing exams. Credentialed planners may work for a large firm or manage their own clientele.
For more than five years, Edward Marsi has been working in the finance industry as an advisor. A senior financial consultant at TD Ameritrade, he assists clients as they work toward financial goals. With Edward Marsi’s help, individuals become more capable of looking at their retirement and financial plans to determine whether they are realistic.
When you set financial goals, your intention is to always meet them, however some unrealistic goals are destined to end in failure no matter what you try. To make sure your goals are realistic, take some time to determine how much control you have over each one. For example, setting the goal of getting a raise isn’t only dependent on what you do, it’s also dependent on your boss. Having goals that aren’t entirely in your control are risky and may not pan out.
On top of that, you want to set financial goals that you can comfortably meet given your current financial situation. Be honest about how much money you expect to make in the upcoming year, then figure out what goals you want to set. If you want to save, choose an amount that is realistic for your income.
You won’t make the goal of saving $30,000 if you only make $35,000 that year. Depending on your income, you may need to divide large goals into several short-term goals or simply delay the end date of your goal.
Finally, think about how motivated you are to accomplish the goal you set. Don’t set goals just because you know you should. Instead, set goals that you’re motivated to meet. This makes it easier for you to continue working toward your goal over time and allows you to set a specific date by which you want to meet your goal.