ZipRecruiter

Log In

1

Cfp Ricp Jobs in Laurel, MD (NOW HIRING)

All JobsCfp Ricp JobsCfp Ricp Jobs in Laurel, MD

Cfp Ricp information

See Laurel, MD salary details

$60.5K

$101.1K

$139.8K

How much do cfp ricp jobs pay per year?

As of Jun 28, 2026, the average yearly pay for cfp ricp in Laurel, MD is $101,069.00, according to ZipRecruiter salary data. Most workers in this role earn between $86,300.00 and $113,500.00 per year, depending on experience, location, and employer.

Is the RICP designation worth it?

The RICP (Retirement Income Certified Professional) designation for financial advisors enhances expertise in retirement income planning and can improve credibility with clients. It often requires completing coursework and passing exams, which can lead to better job opportunities and higher earning potential in financial services. However, its value depends on career goals and the demand for retirement planning skills in the job market.

Can financial advisors make $500,000 a year?

Financial advisors, including CFPs and RICPs, can potentially earn $500,000 or more annually, especially with extensive experience, a high-net-worth client base, and strong sales skills. However, such earnings are typically achieved through commissions, fees, and bonuses, and are not guaranteed for all advisors. Income levels vary widely based on location, firm size, and individual performance.

What jobs make $1,000,000 a year?

In the financial planning and investment advisory field, highly experienced Certified Financial Planner (CFP) professionals who also hold the RICP designation can potentially earn over $1,000,000 annually through high-net-worth client portfolios, bonuses, and business ownership. Such earnings typically require extensive experience, a strong client base, and advanced skills in wealth management and financial strategies.

What are CFP and RICP professionals?

CFP stands for Certified Financial Planner, a professional who has met rigorous education, examination, and ethical standards to advise clients on financial planning, investments, retirement, and more. RICP stands for Retirement Income Certified Professional, a designation for financial advisors specializing in retirement income planning, helping clients transition from saving to spending in retirement. Both designations demonstrate advanced knowledge and a commitment to ethical financial guidance, but CFPs offer broader financial planning services while RICPs focus specifically on retirement income strategies.

What is the difference between Cfp Ricp vs Financial Advisor?

CriteriaCfp RicpFinancial Advisor
CertificationsCertified Financial Planner (CFP), Registered Insurance Producer (RICP)Varies; often includes CFP, Series 7, Series 66, or insurance licenses
Work EnvironmentFinancial planning firms, insurance companies, banksFinancial advisory firms, banks, independent practices
Industry UsageCommonly used in comprehensive financial planning and insurance salesBroader term for professionals providing financial advice

The main difference is that a Cfp Ricp holds specific certifications in financial planning and insurance, focusing on comprehensive financial advice and insurance products. A Financial Advisor is a broader term that may include various certifications and specializations. While all Cfp Ricp professionals are Financial Advisors, not all Financial Advisors hold the Cfp Ricp credentials.

What is the difference between a CFP and a RICP?

A CFP (Certified Financial Planner) is a credential for financial planners who provide comprehensive financial planning services, while an RICP (Retirement Income Certified Professional) specializes in retirement income planning and strategies. Both designations require passing exams and meeting experience requirements, but the RICP focuses more on retirement distribution planning and income strategies within the financial planning process.

What are the key skills and qualifications needed to thrive as a CFP RICP, and why are they important?

To thrive as a CFP RICP (Certified Financial Planner and Retirement Income Certified Professional), you need a deep understanding of financial planning, retirement income strategies, and comprehensive knowledge of tax laws and investment vehicles, typically supported by both CFP and RICP certifications. Familiarity with financial planning software like eMoney or MoneyGuidePro, as well as proficiency in spreadsheets and client management systems, is essential. Exceptional interpersonal skills, active listening, and the ability to communicate complex concepts clearly help build trust and foster strong client relationships. These skills are crucial for creating effective, individualized retirement strategies and ensuring clients' long-term financial security.

What are some common challenges faced by CFP®/RICP® professionals when advising clients nearing retirement?

CFP®/RICP® professionals often encounter challenges such as helping clients balance income needs with longevity risk, navigating complex tax implications of retirement distributions, and managing healthcare costs. They must also stay current with changing regulations and products while addressing clients’ emotional concerns about transitioning from accumulation to decumulation. Collaboration with accountants, attorneys, and other specialists is frequently needed to deliver holistic retirement strategies tailored to each client’s goals.
What are popular job titles related to Cfp Ricp jobs in Laurel, MD? For Cfp Ricp jobs in Laurel, MD, the most frequently searched job titles are:
What job categories do people searching Cfp Ricp jobs in Laurel, MD look for? The top searched job categories for Cfp Ricp jobs in Laurel, MD are:
What cities near Laurel, MD are hiring for Cfp Ricp jobs? Cities near Laurel, MD with the most Cfp Ricp job openings:
Cfp Ricp jobs near you
Planner, Investment & Retirement Services

Planner, Investment & Retirement Services

NRECA

Arlington, VA

$87K - $117K/yr

Full-time

Posted 19 days ago

Job description

Job Description

Summary of Position

NRECA is a unique national trade association providing advocacy, financial services and business support services to over 900 consumer owned electric cooperatives across the country. NRECA employees are united by our mission, inclusive culture, collaborative workplace and commitment to service excellence. As a "best place to work" employer, we operate with integrity, transparency and a spirit of innovation.

The Personal Investment and Retirement Consulting (PIRC) provides investment and retirement education to participants in NRECA's defined benefit and defined contribution plans. We are seeking a new team member from the financial services industry to provide personalized verbal and written investment and retirement education to plan participants (active and retired/separated). That education is provided through 1) one-on-one conversations over phone or in person; 2) conducting seminars virtually (3%) or in person (97%); 3) providing written asset allocation and retirement plans specific to the individual. The selected candidate should anticipate travel at 60-80%, visiting up to 48 states over a career on the team, primarily to rural communities in those states.

Key Responsibilities

  • Provides confidential, personalized verbal and written investment and retirement education and financial planning consulting to plan participants (active and retired/separated).
  • Conducts on-site standardized presentations for employees of member organizations for groups of 10 - 100 people. Presentations may be from 1 hour to 1.5 days to include other speakers.
  • Responds to requests generated through other planners, seminars and member contact services over the phone and by email.
  • Assesses the need for and refers appropriate participants to PIRC services for written asset allocation and retirement plans. Review such plans with participants upon completion.
  • Build and maintains an extensive knowledge base on a broad range of financial planning and pension topics, including: NRECA's policies and products, the latest legal and business developments in the areas of retirement/investment planning, education funding, personal portfolio management, securities, life insurance/annuities, tax laws and estate planning issues; as well as Social Security and Medicare.
Qualifications

Required Qualifications and Skills:

  • Bachelor's degree in the arts, sciences or business required
  • Ability to travel 60-80% to rural areas
  • Must possess a professional designation such as CFP, CEBS, ChFC, CLU, CRPC, or RICP or if previously maintained Series 6, 7, 63, 65 or 66 license, must obtain a professional designation such as CFP, CEBS, ChFC, CLU, CRPC, or RICP within two years.
  • Minimum of 5 years of experience in business, finance, accounting, securities, insurance or pension plans consulting individuals on financial planning issues.
  • A background in servicing clients as a financial planner or relationship manager.

Preferred Qualifications

  • Master's degree preferred.
  • Experience providing written financial planning services.

Additional Requirement:

The preceding job description has been written to reflect management's assignment of essential functions. It does not prescribe or restrict the tasks that may be assigned. All qualified applicants will receive consideration for employment without regard to race, color, sex, sexual orientation, gender identity, religion, national origin, disability, veteran status, or other legally protected status.


NRECA is committed to working with and providing reasonable accommodation to individuals with physical and mental disabilities. If you need special assistance or an accommodation while seeking employment, please e-mail humanresources@nreca.coop or call: 703-907-5992 - NRECA Arlington Human Resources. Please call 402-483-9275 - NRECA Lincoln Human Resources, for Lincoln, NE employment opportunities. We will make a determination on your request for reasonable accommodation on a case-by-case basis.

The U.S. Equal Employment Opportunity Commission (EEOC) recently released the 'Know Your Rights' poster, which updates and replaces the previous "EEO is the Law" poster and "EEO Is the Law Poster Supplement".

Pay Transparency Non-Discrimination. NRECA will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay. Please see the Pay Transparency Nondiscrimination Provision for more information.

E-Verify. As a Federal Contractor, NRECA is required to participate in the E-Verify Program to confirm eligibility to work in the United States. For information please click on the following link: E-Verify.

For more information about life at NRECA please visit www.Electric.coop.

Apply