Also called: RIA Owner, Wealth Management Firm Founder
Owns their own financial planning firm (an RIA) serving a few hundred families.
You meet two client couples about retirement, review your firm's investment model with your analyst, approve a new hire and record a short video for your clients about market drops.
Owners earn a share of fees (often ~1% of client assets per year), so a firm managing $300M can be very profitable; starting a firm is lean at first.
Approximate: anchored on Bureau of Labor Statistics data for a broader job group.
Bachelor's degree (4-year), about 8 years after high school. Bachelor's; CFP certification plus years as an advisor; SEC or state registration.
Ways in: 4-year college, Certification, Self-taught. Training cost: $15k – $60k.
Majors to look at: Finance, Financial Planning, Economics.
Growing slowly (about 1% over 10 years). Tracks personal financial advisors.
Low risk for 10 years. AI drafts plans and meeting notes so one advisor serves more families; clients pay for a trusted person, and owners benefit.
Classes: Personal finance, Entrepreneurship, AP Statistics, Psychology.
Official data: O*NET occupation 13-2052.
Career Universe is an early version. Pay, training and AI-risk figures are estimates to start your own research, not verified facts. The research was written with AI research assistants, checked by validation scripts and spot-checked by hand. Check anything important with schools, employers and official sources. How the numbers work.