Advice Financial Advisor

I start at 30,000, great benefits, in Minneapolis. Have to take the series 7 & 63. Are there set hours when I would have to be to work?
I got offered the position. They did not directly specify whether you make your own hours

Show up early, go home late. Most firms prefer reps to start at the time the office opens. There is plenty of room for making your own schedule throughout the day, but I wouldn't recommend leaving at 4pm every day. Expect to work as late as you can for the first two years or so.

2008-05-05 18:21:54 by nedwoo

www.bestfinancialadvicesite.co m presents the consumer awareness guide video series to choosing a financial adviser. In this video, module 4, you ...

im 24 and have owned a very busy convenience store for 5 years(sold it last month). my financial advisor (Lloyds TSB) has been very impressed with how well iv done at such a young age. basically, iv worked very hard from the age of 16 to get where i am. most women from my cultural background dont even leave the house to work, as the men are kno*bs. He said that he can arrange for me to become a business financial advisor if i do a CeFA course. he spoke to his boss and put a good word in for me. she called me recently and confirmed this. iv started the course anyway. but i just want some extra advice. are there any other business advisors out there and do they think its a good field to work in?

Financial Adviser? Be brief - maybe they want you on board - who cares - why aren't you investing the money in a new business? - why aren't you expanding? Being a FA is second-best to running a business... and if you have an aptitude for it - keep on doing it!

2007-12-02 15:11:39 by aaleyah

Price: $30.00

On my eighteenth birthday, which is in just over a month, I come into the first $20,000 (US) of a lawsuit settlement. I am going to be in school, but I have $4,000 in grants (that covers all my tuition) and $12,000 in subsidized loans (no interest at all while I'm in school) for next year.

I come into the rest of the lawsuit settlement, $51,500, right about as I'll be finishing school, on my 21st birthday. I'd like to invest as much of this money as possible, in somewhat low-risk places. Since my loans are all no-interest while I'm in school, I figure I'm better off waiting to pay them off while my settlement money grows.

I've already registered with two financial advisory groups (the Respond Financial Planning Services Team and the National Association of Personal Financial Advisors [NAPFA]), which send all your information to financial advisors. Unfortunately, most financial advisors require a minimum portfolio of $100,000 (or they only do taxes, or they only work on retirement portfolios...).

So my question is two-fold.

(1) Do you have any advice for me? How should I invest that money?

(2) If you think it'd be good for me to talk to a financial planner, how do I find one who will accept someone with as small an amount as I have to invest? Are there any books I should read?

Thanks.

Your situation is unique. Your school tuition appears to be under control. Your financial furture once you get out of school looks bright.

I reccommend you take the first installment of your settlement and invest it in a varied portfolio of domestic and overseas options. At your age, it would be best to look into low-risk investments that show a decent rate of return, usually CD's. Get the longest term that you can. When it matures, drop the money into another CD. Keep doing that until you get the second installment, then look at stocks and bonds. If you handle your investments wisely, you'll develop a nest egg for yourself that will see you through any storm.

Of course, it always helps to have a good financial planner to guide you through the unfamiliar landscape of investments. Talk to family members (chances are, they can reccommend someone that you can trust) and close friends. They will always be your best resource. the planner does charge for his services, so make sure you discuss that and get "the biggest bang for your buck".

Good luck in school and in the future!

2008-08-03 14:15:54 by Elizabeth

Price: $16.95

I don't know much about investments and stocks, so I trust my advisor to make all of my decisions about my IRA. All of the money is in one mutual fund, is that normal?
I've got about 8K in there now, I've just started. I'm 29 years old.
It's the TA IDEX ASSET ALLOC-B (symbol is IMLBX. I'm currently automatically having $250 put into this IRA each month. I'm almost 30 years old.

rediculous to expect 24%,

8k is not a lot to invest, so depending on the fund you are just fine with one fund, there may be some fees that come with a low account balance that your advisor is saving you from, sometimes an account with over 10k in it has some benefits, hard to say without knowing the fund,

you cant just say that it is a bad advisor because its in one fund, and you absolutely cant say that you cannot have all your money in one fund, you just dont know the situation,it could be a target date fund,where the money should only be in one fund,

how old are you and what fund does he have you in?

2007-01-07 09:02:15 by crayola girl

I have 17 years of experience in the investment field and I have been managing and trading my own account for a living since '98.

I am thinking about talking with some independent financial advisors with the intent of finding someone that wants to take on a junior advisor(usually the advisor will give the junior some small accounts to help get started and takes a cut of the commissions of course) I have heard that this is a much better approach than starting out with no accounts as you would in a wire house training program.

We've been trading for the same amt of time!!! Me since 98 too! I decided to get my series 7, & 3 license at the end of 2000, but then when 9/11 happened it just created havoc in securities industry. And even though I believed the market would go down and had good stragities to help people protect their investments, I couldn't convince others. I guess I am not a very good salesperson. I hated the sales end of the industry, as it is just that. Sales. Makes no difference to the company what you know, they just want to see sales. The better way I think for a trader, if that is what you like to do, is to get in on the portfolio management or (I can't think of the term right now, but industrial? where you are working with trading currencies for banks or trading stocks for the company itself) side of the industry, but stay away from the retail end. I later got my series 55 (market maker) and was much happier on that side of things, and later was hired by a private party to manage their large portfolio. I was very happy with that and made very good money, (but there were personal conflicts) I took my bonus and ran and now am back on my own.....and have lost all my licences due to not hanging them with a company, which I am not unhappy about. It was a good experience. I now also work with others helping them manage their own portfolio, for which I don't need any securities license for. I take a % of profits, and feel much happier doing this. I hope this helps.....and good luck!

2006-08-21 17:25:04 by Wanta be a hedgie