The financial planning track is a new addition to the tracks available in the finance area of emphasis, beginning fall, 2016. The track is designed to prepare students for a career as a personal financial planner and to take the CFP® certification exam. The development of the program has been fostered by a generous grant from Charles Schwab & Co.
Tom C. Nelson, PHD, CFP®
Note: To elect this track, inform your undergraduate advisor to add the PFP track to your finance emphasis
Personal Financial Planning is a holistic process involving:
Financial planners must have strong communication skills, quantitative skills, as well as understand a broad array of financial planning topics and concepts.
The US Bureau of Labor Statistics indicates that the personal financial advisor category of finance careers, which is already quite large (232,000), will grow 27%, adding 60,300 positions, from 2012-22. Not only will there be large demand for future financial planners, but the compensation is excellent, and job satisfaction of the career is very high.
Students completing the PFP track take 6 courses, including existing required finance courses:
An emphasis will be placed on mentoring, internships, and placements specific to the personal financial planning field in cooperation with Schwab, local wealth management firms, and planning practitioners.
Scholarships are available for this program courtesy of Charles Schwab. Contact Tom Nelson (above) for details.
To apply, go to: http://www.colorado.edu/business/scholarships. (Schwab Scholars Fund)