Financial Advisor Become

I have no college degree but have strong skills in dealing 1 on 1 with clients. Ive never worked for a bank or a financial firm. I am currently the Service Manager at Ethan Allen Home Interiors and speak and sit with clients on a daily basis. I would like to learn how to become an Advisor and get into a good firm and work my way up the ladder. Are there any training classes or anything I can do to work towards that? I am 23 years old and living in Clearwater, Fl. Can anybody help me?

education education education - go to school, get certified. Rule number one, go to school (College) and talk to a Counselor. Ask them what to do, based on your inspirations and they will guide you to step one.

Step two - work for a firm willing to educate you and train you. That plus school is your ticket to your goal.

My first job was fine because the second I got in, I spent two weeks in training. I have added 20 years to my experience plus numerous certificates on software upgrades etc has taken me up the ladder slowly but surely.

Good luck!

2007-06-27 10:37:22 by coolguy3721

www.financialplannersalary.com has all the information you need on a career in financial planning. Learn the salary ranges, educational ...

I want to become a Financial Advisor, and i was wondering what i should study in college. What majors and additional classes i should take to reach my goal.

http://financecareers.about.com/od/finan cialadvisor/a/finadvisor.htm

This site describes it in detail.

While you need the education... don't forget that "common sense" is the core of this business.

2010-01-18 13:38:17 by John D

Price: $34.95

and what the pay. I am no studying account and i want to become a financial advisor please help me thanks .

Depends on the kind of financial advisor you want to be the path could be really different.

If you want to be an independent, you will have to setup and register your own company. Pass either Series 65 or 66 exams. Register yourself as an investment adviser with your firm. Follow all compliance and regulations as far as paper work, accounting, audit etc. You may wish to start working on CFP certification to broaden your skills and increase your credibility.

You could also work for a true financial advisory firm (i.e. a fee only financial advising). You will still have to pass Series 65. The company will take care of your registration. You may still have to take Series 6 depending on your responsibility and scope of contact with clients.

If you want to be a financial advisor for an investment firm like Fidelity, Merrill Lynch etc. This role is a glorified sells position. You will need to pass Series 6 and 7 in order to sale stock, mutual fund and insurance (depending on the company's product). You will need to pass Series 66 to be eligible to register as both Investment advisor and Security Agent.

For more information, consult http://www.nasaa.org/home/index.cfm

Best wishes.

2007-09-18 07:19:36 by hitler is coming to get ya

Price: $30.00

23 Looking to get hired or go through a program to become a Financial Advisor

My brother in law is a financial adviser, and he got his bachelors degree in business finance before he landed his first job.

Good luck!

2006-04-30 11:37:37 by chrisjohnboob

I want to know what major i should choose and what classes I should take in college to become a financial advisor?

Economics or business. However, do not become a financial advisor! It's a scam job that has you cold calling people all day and selling your life and soul to make a sell. Again, it's not about advising people or even helping them out, it's convincing them to buy mutual funds that earn you a comission.

As far as the proper education needed to land a financial advisor job, a background in business and economics is preferred. It really doesn't matter though because you will need to get your series 7 & series 63 license before you can sell anything or make any decent wage. Most companies will either provide courses for you, subsidize course fees, or leave you out on your own to get the license by yourself. But licensing is the easy part! Most agencies have extremely high drop out rates in the first year. When you're interviewing for positions they will throw at you all these amazing numbers of what you could be making in your first year, your second year, etc.. But again, these are the numbers that their established agents put up, not the 60+% of new hires that fail out of the industry in the first year. For instance, when I was offered a position at one company, the person I was interviewing with actually showed me their pay stubbs from 5 years ago when they were getting started.

Its a really tough road to build up a respectable client base, which you'll have to sell your soul to do. It's sales at its absolute worst, but many people like myself would not give up at it. If you quit, you fail. And I wasn't going to quit, so I wasn't going to fail. More than likely, you'll pour your life and soul into it, posting up flyers and going on countless meetings with clients that you've never met before that actually know more investing than you do. In the end, the only people that make it are those that have FRA's (Friends Relatives and Associates, you'll get to know that term well) as clients initially. And, have no ethics whatsoever when it comes to selling their products to people they don't know.

It's one of the most scandelous industries out there and I reccomend that you stay away.

2006-07-02 18:38:44 by Michael A