I am meditative about starting my own commercial operation as the monetary planner. Do I need to acquire certifications to come in the commercial operation in the us? Is there the lot of competition? Basically, anything we can discuss it me about this commercial operation will be helpful…
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One of the wonderful things (and horrible things) about the US is that anyone can call themselves a financial planner. All it takes to go into business is some business cards and some stationary.
If you do go into financial planning you will find yourself competing with every life insurance salesperson operating in your community plus some dedicated financial planners who don’t sell life insurance.
Since adequate insurance is a key element of financial planning I think you should investigate obtaining both insurance and financial planning certifications.
Hope this helps
Jerry-the-bookkeeper