The Benefits of Hiring Second Careerists in Financial Planning
Hiring a second careerist who has chosen to take on a new professional challenge can be hugely beneficial to the company they join. They bring with them a diversity of thought from their previous experience, along with a deep well of soft skills that can inspire and raise the productivity levels of their new colleagues.
Changing careers somewhat later in life requires courage and resilience, and demonstrates a strength of character that can become a real driving force behind the new company’s success. A second careerist is likely changing careers due to having ambitions that could not be fulfilled on their original career path. Thus they will arrive with purpose and a reignited passion that can truly energise their new organisation.
Financial planning is also a relatively difficult sector to make the switch to, requiring as it does qualifications from specific exam boards such as the Chartered Insurance Institute, the London Institute of Banking and Finance, or the Chartered Institute for Securities and Investment. Someone achieving such qualifications has already demonstrated their dedication to the cause, and anyone willing to step so boldly beyond the confines of their comfort zone should absolutely be admired.
Let’s look closer at the business benefits of hiring a second careerist in the financial planning sector, and what steps a financial planning candidate should take if they are attracted to such a career change.
Benefits of Hiring a Second Careerist
The wealth of experience that a second careerist brings with them from their previous professional endeavours can reap huge rewards for their hiring firm. Diverse experience from different fields to financial planning equips the second careerist with a multifaceted perspective that can superpower their problem solving and decision-making abilities.
They will be more likely to identify innovative solutions thanks to their resilience and adaptability. Their skills and knowledge enables them to embrace new technologies and navigate smoothly through the complexities inherent in the financial planning sector.
A second careerist will also have numerous transferable soft skills such as expertise in negotiation, communication and public speaking, as well as in networking and customer service.
It should also be noted that most second careerists will be either middle-aged or approaching middle age. This means they will be more settled in their lives and able to make committed decisions that the hiring company can rely upon.
How to Change Careers into Financial Planning
We previously mentioned various exam boards who offer the requisite qualifications for entering the financial planning sector. Aspiring second careerists can give their chances a huge boost by funding their own exams with these boards. Even the simple step of starting the exams can be beneficial in the search for a new role in financial planning.
Once qualified, the achievements should hold a prominent place high up on the candidate’s CV to reassure any employers that the resume is worth continuing to read. The candidate can then build on that opening impression with their skills and relevant experience.
There are also academies which can help second careerists take the necessary steps to move their career into financial planning. For example, the founder of Financial Planner Life, Sam Oakes, recently launched an independent academy in partnership with NextGen, that promises to be a ‘first point of call’ for anyone seeking to join the financial planning sector.
If you’re looking to change careers in 2024, get in touch with our specialist recruitment team here at Exchange Street to help you find a role that benefits both you and your new company.