Attorney Financial Advisor

I'm 38 and burned out. Considering a career change to a financial advisor but am wondering if practicing in a different environment such as taking an outstanding offer to joing a large firm as a partner should be tried first. I have been told from a friend who gave up law that I can potentially make more $ as a FA, have alot lot stress and work alot less hours after the first several years. I would appreciate others' comments - especially any attorneys turned financial advisors out there. I want to get my life back!

No one can answer that question except you.

2007-03-03 19:28:17 by centerfield

Most people have a family physician. Many, especially business owners, also have an accountant and an attorney. Fewer, however, have financial ...

I am interested in buying my mothers house and I/we would like to speak with someone such as an attorney or financial adviser that could help point us in the right direction with regards to types of loans, tax advantages etc... My feeling is that a real estate agent would not likely be well versed in these details. Is there a specific individual that would be knowledgeable in this sort of situation? If so, who/what might this person be?

Thank you.

Thank you.

You don't need a real estate agent if you have already found the home.

Both financial advisors and mortgage brokers are the best to consult with in regards to loans....but both work on commissions.

Financial advisors and mortgage brokers can tell you POSSIBLE tax advantages, but neither is a licensed tax professional, so you would need to check with a CPA for that information.

A real estate attorney could not advise you on a loan, b/c that isn't their area of expertise.

The best thing you can do is deal with a loan officer you can trust.

2008-02-26 22:44:30 by Andy K

I want legal representation with me because my investments will be in the millions. I would hate to go alone and recieve advice that sounds good, but will eventually hurt my finances from being misinformed.

if you're really paranoid, bring your accountant (or team of accountants)

2008-07-28 14:17:46 by Bossman

Price: $69.95

I am considering a move into financial advising career and I wanted to know where to find good information on the federal or CA state regulations. Do I need to be licensed to manage my customers portfolios (buy/sell stocks or mutual funds)? If I only have few accounts, can I do it with a power of attorney?

There should be a local securities commission that can advise you on what you need to be a Financial Advisor.

In Canada, if you pose as a Financial Advisor or charge money to do so, without licensing you could be seriously fined or go to jail. Every State and province ooperatesa little different though. Personally, I would NEVER work with someone with my money through someone that doesn't have some sort of proof of licensing or designation...FAR too many scams out there these days and there is far too much to know about taxation and whatnot for someone to do it part time or half assed.

2008-08-13 09:31:09 by SD_driver

my friend is an attorney and she's going on an interview on Thursday and has no idea what the salary range is... help.

entry level salaries tend to be around $50k for big firms

with financial advisor positions though, I'd expect it to be much less and more based on comissions / bringing in assets.

2007-08-21 12:49:32 by colombiana82