Financial Advisor
Financial Advisor (Careers With Character)
Sherry Bonnice (Library Binding) Mason Crest 2003-02
They Help Their Clients: invest in stocks and bonds, save for the future, plan for home ownership, set asaid funds for their children's college education and look ahead toward retirement
Financial Advisors Show People Better Ways to Manage Money.
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Answers
I am a recent college grad looking to purse a career as a financial advisor, and i live in Ft lauderdale. What are the best companies to get started with??
Try the banks. Most banks have positions for advisors to help their customers. Keep in mind, that most people will also look into investing with the bank that keeps their checking and savings.
Getting Started as a Financial Advisor
Hi. I am currently a Finance student seeking a future job as a Financial Advisor. I am still in school but would like to start building my experience in the Finance industry. Where can I start (entry level positions)?
Any advise would be helpful.
Thanks!!
find a securities firm that will back help you become licensed... then study and pass your series 7 license... thne find 20 million dollars of other peoples money to invest and be paid 1% per year to manage it while dealing with everyone hind sight and second guessing as other brokers actively recruit your clients and you sit on the phone cold calling people and asking them to give you money to invest.... find another 10 million from strangers and get paid 1% of that each year also..only keep 1/3 of what the client pays..if that... then get layed off for not producing enough comissions and have the company that hired you bad mouth you and try to keep all of the clients your recruited... get hired by another firm... have your income cut by 75% .. start cold calling
rinse and repeat...
then become a mortgage broker at the peak of the re-fi market...
Price: $30.00
I like to start my career as Financial Advisor but do not not what company in US is the good one to work for
Merrill Lynch, without question.
Wedell and Reed offered me a position I would like some professional opinion on the career of financial advisor.
This is a good company with a good business model. You can earn as little or as much as you desire. You will be working with a wonderrful group of people, your clients, and will find it very fulfilling. If you make the choice, do so with commitment. Get totally immersed in the community, and you will have a great career. Work Hard and Good Luck!
I am considering financial advisor as my career. I like the type of work and after doing some research the pay is good too. The only thing is their pay is mostly commission it says. Should I be worried about a mainly commission job? Or is it better than just a car salesman who get commission because of the type of work?
Is this job recession proof? A little a lot?
Is there any firms or organizations who do both salary and commission?
Please try to answer all questions thanks for your help.
If you want to do career in Financial Advisor I would suggest CFA (which is institution based in USA), it is quite a tough course but worth it. It will cover fundamental aspects of analysis mostly and overall finance career would also be helpful after you do it. If you want to do career in Technical Analysis, I would suggest CMT or CFTe, you can find on internet about all these courses. For job I would say these courses are very good and you can try finding a job in reputed institutions also after passing these courses.
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A registered investment advisor competes against wire-houses, stock brokers, mutual funds, hedge funds and the do-it-yourself types to provide clients with investment advice and assistance. Privately owned RIA firms are an excellent place for personal financial advisors to begin or expand their careers, since the industry is rapidly growing. Many clients are making the switch from the old model of advisory services (which paid advisors by commission) to the new model, which pays a set rate/fee. Many individual investors report greater satisfaction with an RIA firm because they feel their interests are better valued.
A registered investment advisor will meet with clients to determine their personal financial goals and risk tolerance. The RIA will then manage the individual’s assets carefully, as the client requested. The RIA will then assess the returns and provide clients with quarterly results, occasionally making recommendations or suggestions based on performance. Ultimately, the tasks of a personal financial advisor are three-fold: sell investments/stocks, maintain client relationships and learn about new investment products.
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