Job satisfaction among financial planners remains high, with 96 percent of financial planners saying they are "satisfied" or "very satisfied" with their career choice, according to an annual survey.
The College for Financial Planning's "2008 Survey of Trends in the Financial Planning Industry" found that the number of respondents with less than 10 years in the industry doubled from 2007 to 45 percent. Length of time in the industry has an enormous effect on earnings. Planners with less than a year of service had mean gross earnings of $96,638, while those with between 20 and 29 years of service earned $469,224. Respondents consistently reported increases in income after obtaining their CFP designation.
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