• The Job: Personal financial adviser.
• Description: Advise clients on financial plans using knowledge of tax and investment strategies, securities, insurance, pension plans and real estate. Duties include assessing clients’ assets, liabilities, cash flow, insurance coverage, tax status and financial objectives to establish investment strategies.
• Average wage: $40 per hour.
• Employed in Clark County in 2007: 175.
• Employed in Clark County in 2017 (estimated): 252.
• Cumulative growth rate: 44 percent projected through 2017.
Source: State Employment Security Department
Money doesn’t flow as freely in Clark County as it once did, with unemployment above 14 percent, flat salaries, rising health care costs and depressed real estate values. It may come as a surprise, then, that one of the county’s fastest growing occupations is financial planning, an industry that sells advice on how to best spend or save cash.
Though the industry remains small, the number of financial planning companies in Clark County has almost quadrupled in the past 10 years, according to the Washington Employment Security Department. And the pace of the sector’s growth has accelerated with the global recession, rising from 12 firms in 2000 to 33 in 2008 and 42 by September 2009.
At this pace, the ranks of financial planners in the county are projected to reach a cumulative growth of 44 percent through 2017. That’s higher than the 30 percent growth the occupation is expected to achieve nationally within the same period and higher than the average growth for all occupations in Clark County, according to the U.S. Bureau of Labor Statistics.