Banking and Insurance Doctoral Degrees

Related occupations
Financial Planner

Financial planners help individuals and groups plan the use of their savings, income, and investments. Some are self-employed consultants who offer workshops that teach people how to analyze their own financial situations. Other financial planners operate financial planning businesses or are employed... see more by insurance companies and financial institutions--savings and loan companies, investment services companies, and banks--to sell their company's financial products. Such products might include family budgeting schemes, mutual funds, individual retirement accounts (IRAs), insurance, real estate, or tax-sheltered investment plans. The job of the financial planner is to help each investor decide what kinds of investments are best. They advise people on what types of investments to put their money in as well as the timing of major expenditures, such as buying a house or starting retirement.