Dana Carney is an Associate Wealth Manager at River Capital Advisors in Jacksonville, FL. She joins the show today to share her unconventional journey into the world of financial planning, starting with her initial aspirations to become a dietician and the transformative volunteer experiences that honed her skills. If you are passionate about financial literacy, but also want to work with high-net-worth clients, this is an episode for you!
Listen in as Dana opens up about her choice to work in financial literacy for low-income families post-graduation, as well as how she eventually pivoted to the high-net-worth RIA space. You'll hear how she overcame the setback of failing the CFP exam—and then waited five years to retake it successfully—and invaluable tips for those preparing for the test.
What You'll Learn In Today's Episode:
- How Dana became interested in financial planning. (2:00)
- Her experience in a pro bono clinic. (5:30)
- How she ended up at UGA. (12:00)
- The biggest surprise starting a career in financial planning. (14:30)
- Dana’s experience with the CFP exam. (18:20)
- Her advice for passing the CFP exam. (22:35)
Ideas Worth Sharing:“I think there's probably a conception out there that financial planning is investment management, which is a piece and it's an important piece, but you can have a financial plan without that.” - Dana Carney Click To Tweet I felt it was almost like a duty to serve the people in the community I was in.” - Dana Carney Click To Tweet “I had to get to this point where I realized that even if I fail again, I'm still learning something. I'm still making progress.” - Dana Carney Click To Tweet
Resources In Today's Episode:
- Dana Carney: LinkedIn
- Dana’s post about failing the CFP exam
- Finding your Path: The Roadmap from Student to Successful Financial Planner by Caleb Brown
In this roadmap, you'll be guided through the details of various stages of your financial planner career, including position descriptions, licensing, skill and experience level requirements, and compensation ranges.