Financial advisers/planners are expected to be in high demand with a projected growth rate of 30 percent through 2026, according to the U.S. Bureau of Labor Statistics. Studies in Canada indicate that only 20 percent of Canadians have confidence in their math and money skills as they relate to planning for a secure financial future, according to a 2011 survey by Ipsos Reid for ABC Life Literacy Canada.
Becoming a financial adviser/planner normally requires a bachelor’s degree and additional training in securities management, leading to licensing/certification. But this is another business that is riding the demographic wave. A huge pool of baby boomers are headed for retirement, and they need and want help with their finances. Financial advising and planning is an ideal business opportunity.