What’s good Wealthbuilderz
Its yah boy DeVaughn back again
With another video and today we are talking about
How to start a financial adviser business.
- Get A Bachelor’s Degree
- Become a certified Financial adviser
- Sign up and start a llc or corporation
- Buy a website domain name and get hosting set up for your website
- Figure out content to put on your website
- Sign up to local financial adviser networks and boards
These are the first 6 steps to building your financial adviser business. It seems really easy but these steps are not all that easy. Let’s break down each step a little further.
You must have a bachelor’s degree but it doesn’t have to be specific to finance but it can help. You don’t want a degree in psychology and then become a financial adviser.
Before you go into business for yourself as a financial adviser you should work for someone else and the best way to do so is get an internship. This will give some experience on what a financial adviser does on a day to day basis without the risk of starting a business from scratch.
Now that you’ve gotten familiar with becoming a financial adviser now it’s time to become a certified financial adviser. You can easily google this information but to save you the trouble I did it for you. Go to https://www.cfp.net/get-certified/certification-process
This will give you all you need to know about getting certified.
Now that you’ve done your internship and maybe started working for a company full time as a financial adviser, which I suggest you do for at least a year. You start a llc or corporation. There are a few different sites you can do this at. I suggest incfile.com this site is very affordable and easy to use.
Next logical step is to get a domain name and hosting for your website. I personally suggest you use Hostgator. It’s very streamlined to use. The customer service is very informative and helpful. Check it out here
Now that you have a website and it’s all set up now you’re going to need to produce content. To make this easier on yourself you can outsource this through sites like fiverr and upwork. I would outsource at least 25 – 50 articles to have to put on your website. To start generating some content. I would release two articles a week just to stretch it out.
Being the fact that being a financial advisor is a person to person type of service you will need to start meeting movers and shakers in your industry. You will need to join your financial advisor associations. There is link to a list of all the financial planning networks here
There you have it the Wealthbuilderz take on starting a financial advisor business.
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