Answers
It is dependent on various factors including your investments and also your relationship with the advisor !I. It varies from 0.3 % to 2%
www.financialplannersvirginia. com http Interview with Virginia Financial Planner, Thomas P. Marshall, MBA on CBS TV, Richmond. Financial Planning ...
is it even possible? I would like to know,and if so, where should I start.I live in Virginia near DC so location is a factor,but any advise would be appreciated,especially from someone in the field thnx
To become a broker, you get a few licenses that usually take a few months to study for any pass. Then, you work for a brokerage house that lets you park your licenses with them. (Actually, you usually find the sponsoring brokerage before you begin studying for the test.)
The name of the game is credibility, and you develop this with your follow through and the company you work for. Often a college degree assists you as well.
It takes, on average, five years to get yourself established in the business. During that time, there is a lot of hustle, a lot of sacrifice, and a lot of brokers who step out of the business. If you commit to doing this, you commit to five years.
You'll build your clientelle out of your warm market first, and then referrals from there, most likely.
There is a new movie coming out this December with (I believe) Denzel Washington as the star. I cried during the previews. It's about making it in this business.
Good luck!
I would not be giving any financial advice on specific stocks, bonds, or funds. Just painting an overall financial picture. I would not sell any products, just advice. I was once registered as a broker and advisor but those licenses have expired.
Take a look at this PDF document from the state of Virginia website:
http://scc.virginia.gov/division/boi/web pages/licenseforms/consult.pdf
i have read researched a great amount of info. many articles deem Nevada, Virginia to be 2 of the top ones. I know each is different for everyone's situation. the one in Tx. is never on anyone's top list! thanks in advance. BTW, if it helps my son is 9. we got a late start..
there are a handful that are all pretty decent. you can contact my advisor if you'd like. www.morelandcapital.com
good luck!
What are the best job opportunities for a recent graduate with a degree in Business Administration with a concentration in finance in richmond virginia or somewhere else on the east coast. Florida would even be nice. What type of jobs are the best?..and what should i expect to make? I would really rather not be a financial advisor or work in sales on commission.
one of the very best jobs is a mortgage broker........find a company that will help you get started.....in only a few weeks you can learn enough to begin to help people. look for a smaller company to get started, they will spend more time teaching you. you don't have to be a genius in that business to make a lot of money. this is probably going to be a commission job, so you may have to work part time doing something else for awhile until you can start making some money.
Financial Advisor
Financial Advisors typically set their own schedules and work 40 or more hours a week. The hours you work, which can be flexible, depend on the number of clients serviced, the amount of time spent servicing each client and the time involved in managing client investments. The flexibility to work some scheduled evening and weekend hours is essential in providing high-quality service for customers who prefer evening or weekend appointments. The exact amount of travel depends on the assigned territory and client base. As we move forward, client-servicing tools are increasingly accessed through technology; however, face-to-face service is also an important part of servicing clients and is frequently...
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