What Can You Do With a Financial Planning & Wealth Management Degree?

With more and more employees becoming responsible for managing their own money before and after retirement, there is a growing population in need of financial planners to help them make important financial decisions. The University of Delaware’s Alfred Lerner College of Business and Economics equips students with financial planning skills, a skill that is currently and increasingly in high demand.

Students who enjoy working with others, problem solving and goal building will flourish in Lerner’s financial planning and wealth management program.

What is financial planning and wealth management?

Financial planning and wealth management is the process of identifying short-term and long-term financial goals of clients, examining the finances available and creating a balanced, strategic plan in order to achieve the goals in focus. In addition to looking at the needs of clients and creating a plan, financial planners and wealth managers aim to grow the finances of those they work with.

Is financial planning and wealth management a good career?

Students in this program have the chance to continue their education or start a full time position. With the skills that a bachelor’s degree in financial planning and wealth management program offers, students have the opportunity to go into various careers that tend to rank high in job satisfaction.

What is a CFP?

A Certified Financial Planner (CFP) is someone who holds professional certification and is formally recognized to be an individual who holds expertise in the topics of financial planning, taxes, insurance, estate planning and retirement. To become certified, one must take the CFP, but prior to that is required to complete a series of educational requirements.

The CFP board has accredited the Alfred Lerner College of Business and Economics’ financial planning and wealth management program which means that graduates of the program will have satisfied the educational requirements, becoming both eligible and prepared, to sit for the CFP exam immediately after graduation.

How much can you make with a financial planning and wealth management degree?

After graduating in 2020, 90% of Lerner’s financial planning and wealth management graduates were employed and earning a median starting salary of $60,000 or pursuing further education.

What companies are hiring financial planners and wealth managers?

While there are many options for financial planning and wealth management graduates, the top employers of Lerner’s accounting graduates include, but are not limited to:

  • JPMorgan Chase
  • CapTrust Financial Advisors
  • Bank of America
  • Morgan Stanley
  • Vanguard

What are some financial planning and wealth management degree job titles?

Job titles of recently graduated financial planning and wealth management majors from Lerner include:

  • Financial advisor
  • Corporate analyst
  • Wealth manager
  • Security operations associate
  • Portfolio management assistant

Are financial planners in demand?

According to the United States Department of Labor, employment of financial advisors is projected to grow 4% from 2019 to 2029, an average rate compared to all occupations.

Lifelong Lerner: Charis Brooks

A desire to give back to their community and a dedication to fostering lifelong learning are common traits of the University of Delaware’s Alfred Lerner College of Business and Economics alumni. Charis Brooks graduated from Lerner College in 2014 with a bachelor of...

Lerner Study Abroad Trip Offers More Focused, In-Depth Experience

The first study abroad experience for Suresh Sundaram was when he came to the United States to study in 1996, and it’s been his passion ever since. “It definitely changed my life and my career trajectory,” the assistant professor of marketing said. Now, Sundaram leads...

Phillies Prepare for Another Shot at ‘Red October’

October is a distant memory now for Phillies fans. Or at least, they’re pretending it is. It wasn’t the season finale the Phillies envisioned when they returned home needing only one win to clinch a National League pennant. The Game 7 loss to the Diamondbacks will...

Lerner Professor Researches How Streaks Motivate Us

Friends out for a drink have hatched many a bright idea, but these insights (or what feel like insights at the time) don’t usually end up published in academic journals. For researchers Jackie Silverman and Alixandra Barasch, though, a trip to a brewery sparked an...