How to become a financial planner?

To become a financial planner, you need at least a bachelor's degree in finance, economics, business or a related field. Many employers may require a master's degree, as developing wealth management skills takes time. Experience in the finance industry is a must, so students should consider taking an internship while obtaining their degree. Since financial planners can specialize in specific areas, such as retirement planning or estate planning, you may want to consider getting a concentration in one of these areas of study. However, there is a market for general planners as well. You can also earn a Certified Financial Planner (CFP) title from the CFP Board. While this certification is not mandatory, it may be among the preferred qualifications for some employers.