Bullish Outlook for Careers in Financial Planning; Demand for Financial Advice Expected to Grow
TD Ameritrade Institutional scholarship and grant program aims to attract top talent to the industry
JERSEY CITY, N.J.--(BUSINESS WIRE)-- While the U.S. job market, as a whole, continues a sluggish recovery, jobs in financial planning are booming and expected to grow at more than double the average growth rate for all occupations by 20201. TD Ameritrade Institutional2 is leading efforts to head-off a potential talent shortage and encouraging college students to consider careers in financial planning.
Applications are being accepted for the TD Ameritrade Institutional Next Gen Scholarship and Financial Education Grant Program. TD Ameritrade Institutional will provide individual scholarships valued at $5,000 each to ten deserving and talented students enrolled in undergraduate financial planning programs. A $50,000 grant will be provided to a university which best demonstrates a commitment to educating the industry's future financial professionals.
"As more than 75 million baby boomers enter retirement many will be looking for the expertise of a financial advisor to help them manage their money and pursue their financial goals," said Tom Nally, president, TD Ameritrade Institutional. "A career in financial planning can be highly satisfying and financially rewarding, offering flexibility, as well the opportunity to make a positive impact on the lives of individuals and families."
Student Scholarship Application Deadline is May 15, 2013
- Applicants must be a current college freshman, sophomore or junior
- Have a cumulative GPA of 3.0 or above
- Be pursuing a Bachelor's degree in Financial Planning at an accredited 4-year college or university
Grant Application Deadline is June 1, 2013
- Open to accredited colleges or universities in the U.S. that offer a Bachelor's degree program in Financial Planning
For more information about the NextGen Scholarship and Grant program, please visit http://www.tdainstitutional.com/lp/nextgen-scholarship.page or email ScholarshipsatTDA@tdameritrade.com.
For more information about TD Ameritrade Institutional, please visit www.tdainstitutional.com.
About TD Ameritrade Institutional
TD Ameritrade Institutional2 is a leading provider of comprehensive brokerage and custody services to over 4,500 fee-based, independent registered investment advisors and their clients. Our advanced technology platform, coupled with personal support from our dedicated service teams, allows investment advisors to run their practices more efficiently and effectively while optimizing time with clients.
About TD Ameritrade Holding Corporation
Millions of investors and independent registered investment advisors (RIAs) have turned to TD Ameritrade's (NYS: AMTD) technology, people and education to help make investing and trading easier to understand and do. Online or over the phone. In a branch or with an independent RIA. First-timer or sophisticated trader. Our clients want to take control, and we help them decide how - bringing Wall Street to Main Street for more than 36 years. An official sponsor of the 2016 U.S. Olympic Team, TD Ameritrade has time and again been recognized as a leader in investment services. Please visit TD Ameritrade's newsroom or www.amtd.com for more information.
1 The projected average growth rate for all occupations is 14.3 percent between 2010-2020. The projected job growth rate for personal investment advisors is 32 percent. Bureau of Labor Statistics, U.S. Department of Labor, Occupational Outlook Handbook, 2012-13 Edition, Personal Financial Advisors, on the Internet at http://www.bls.gov/ooh/business-and-financial/personal-financial-advisors.htm
2 TD Ameritrade Institutional is a division of TD Ameritrade, Inc., a brokerage subsidiary of TD Ameritrade Holding Corporation.
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