Financial Services & Recruiting academyrecruiting on 15 May 2008 12:00 pm
Farmers need financial advisors, too
My guess is that farmers are not the first thing you associate with being a financial advisor…which is why I’m writing about them.
As this recent article on the Cattle Network points out,
“Financial advisors say farmers are business owners who face many of the same concerns as other professional proprietors. Concerns include cash management, product sales, succession planning, and retirement savings.”
Plus,
“Prices for crops, such as corn, soybeans, and wheat, have surged amid domestic demand for biofuels and international demand for agricultural exports.”
Put those two things together, and it means you have a group of possibly overlooked and underserved people with a definite need for sound financial advice - the very kind of target market you look for as a financial advisor.
Keep that in mind if you’re thinking about becoming an advisor - not just farmers, but people in any number of not-so-obvious careers, professions, or groups need strong financial advice and guidance.
Another huge factor is that this kind of thing allows you to live places where you might not have thought you could have a successful financial advisor career. In the case of farmers, if you’re someone in a rural area, really want a financial advisor career, but thought you couldn’t have one unless you moved to the big city, think again.
Much more detail in “Advisors Help Farmers Reap Financial Gains”, and, as always, I’d suggest you read the whole thing.
