Age often an asset for financial planners

Wisconsin baby boomers with a mind for money matters may want to consider a career in financial planning.

After all, the average age of financial planners is 58, according to a news story on 89.7 FM WUHM, Milwaukee Public Radio.

That’s one year younger than Bernie Fiedler, president of Wealth Management Services for Waukesha State Bank. The reason financial planners tend to be older is that baby boomers nearing retirement don’t want to work with someone fresh out of college, Fiedler says. And with an increasingly graying population, financial professionals are going to be more in demand.

Bryant and Stratton College in Milwaukee has created a bachelor’s degree program in financial services. All 12 of the students currently enrolled in the program are looking to a second career, WUHM reported.

For more information:

• CareerOverview.com: Financial Analyst and Planning Careers
• Occupational Outlook Handbook: Financial Analysts and Personal Financial Advisors
• EducationPortal.com: How to Become a Licensed Financial Planner

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