With millions of Americans struggling to make ends meet, a new type of financial adviser is starting to show up: full-timers.
The new financial adviser — and the new profession of full-timer — is being created by an organization called the National Association of Full-Timers.
They say the industry has grown in popularity and is now able to serve clients at an affordable rate.
The association is working with the Federal Reserve and the Federal Deposit Insurance Corp. to promote the profession.
Full-timing is an online career, but it’s a new one, said Gary Zukin, who is the president of the Association.
It’s a very specific and specialized type of career, and we’re going to try to educate the public on what it’s all about,” he said.
Full timers, who work in a variety of industries, are people who make their living by providing mortgage financing.
They’re a growing segment of the economy, with the National Employment Law Project estimating that there are about 200,000 full-timmers.
They have a range of skills and expertise, from financial literacy and investing to debt and personal finance, said John Fosse, who works as a financial advisor for a group of banks.
They also often work for individuals who can’t find a full time job, like the unemployed, or with limited resources.
While the industry is growing, the number of full timers is still low, Fossel said.
The average full-taker is making $35,000 a year, and that’s a drop in the bucket compared to other professions.
For many people, the idea of a full timer is not appealing.
The stigma associated with it is overwhelming, Foussel said, and there’s no shortage of online job opportunities to meet that need.
But Zuken says full timers offer a unique opportunity for people who are in financial distress.
They can help individuals navigate the financial system and take advantage of the various programs and loans available to them.
Full timer is a career, he said, “but it’s not for everyone.”
Full timers are people that can help people with their financial situation, including those that are unemployed.
The National Employment Policy Project estimated that there were about 200 people working in the financial services industry in 2015, up from 100 in 2010.
Zukin said part of the problem with the profession is that it’s hard to tell how many people are full timers, which makes it hard to market them.
Full timers are often underrepresented in the professions, and because they can’t be identified, they can easily fall into a trap of assuming everyone who’s full-tracked is unemployed, he added.
Foussel and other full- timers are working to raise awareness about the industry and to give people the tools they need to navigate it.
They have a website, FullTimeMortgageEligibility.com, where they explain what full timers are and what they can do to be financially self-sufficient.
They are also reaching out to businesses and other institutions to offer financial advice.
They’re also offering support to their peers who are trying to make it financially secure, he noted.
The group recently formed a fund to support full timers in the industry.
The National Association is also looking to expand the number and quality of resources available to people who want to get into the industry, Zukun said.
In addition to their own resources, the group also sponsors a variety from workshops to job fairs.
Zucman said the goal is to make full timers a more attractive career option for people.
The industry is a big one for the United States, he told CNBC.
There are about 30 million people who say they’re full timers — that’s about half of all Americans, according to the Federal Trade Commission.
More people than ever before are turning to the profession to meet their financial needs, Zucman noted.
Fulltimers often have a lot of money and a lot to lose if their homes fall into foreclosure, which can have a devastating effect on their credit score.
It can also affect their ability to pay down debt and keep their jobs.
Full time jobs can be challenging.
They often come with a high risk of turnover and the fact that you’re in a job that requires you to be flexible, which means that there is a high likelihood that you could fall behind on your mortgage payments.
Fossel, a full timers himself, says full-miler jobs offer an ideal opportunity for those with financial challenges to get on their feet.
They offer the ability to save money, while still having a job to provide for.FOSsel said full timers should have a clear goal in mind, such as saving enough to pay off their mortgage and then starting a family.
He said full time jobs also offer opportunities to build wealth through stocks and other assets that can make a difference to people’s financial well-being.
The job market is still tough, he says, and full timers