TITLE

10 years ago in the Profession

PUB. DATE
March 2002
SOURCE
Journal of Financial Planning;Mar2002, Vol. 15 Issue 3, p21
SOURCE TYPE
Academic Journal
DOC. TYPE
Article
ABSTRACT
The article provides information about the financial planning profession in the past years in the U.S. "Money" magazine asserted that financial planners were the second-best paid professionals across the country, averaging at $144,000 per year. However, the International Association for Financial Planning discharged such figure, stating that a small number of highly paid planners skewed the average. Meanwhile, planners were having a hard time working out on how to counsel retirees about investing in the 1990s because they did not think the double-digit equity returns of the 1980s would go on in the 1990s, the author said. Moreover, the Internal Revenue Service observed the broker/dealers-independent representative relationship in light of tougher restrictions on independent contractors.
ACCESSION #
18663341

 

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