How To Become Financial Advisor

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: $30.00

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: $34.95

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 have a bachelor's degree from Indiana University in Journalism. I have been working in customer service for manufacturing companies for the past year and a half. Should I go back to school for my MBA? Should I take an online course to become a CFP? Or should I look for an internship at a financial services company?

You don't even need a university degree at all to be a Financial Advisor, let alone an MBA. (Also hard to do an MBA if you don't have a BBA...can't do a Masters of Physics unless you ..y'know, took Physics)

Most Financial Advisor firms are hiring constantly, they usually do get you to train with them first at no pay and then send you out on your own.

It's a totally commision based business, and you train and work for them initially for free, so they'll pretty much hire anyone who doesn't seem like a total waste of time.

After that you've got to develop your own business, they'll give you a start on how, but its really up to you. Prepare for the idea of working a few years before building enough clients to make a profit.

The companies usually have active recruiters looking for a sales force, call the company you're interested in and ask them about it. You could also visit any job fair, I garauntee there will be no less than 5 Advisor companies present recruiting Agents.

I don't think it's a very good job, the vast majority do quit with losses in the first 2 years, but those who do become successful can make some money, but it's very work intensive and hours and inital investment are large.

'Breaking into the field' is kind of like saying you'd like to 'Break into door to door vacuum sales'..Just go tell them you want to, and unless you're retarded, you're in...in some cases, even if you are.

PS though, Do NOT work for WFG. They'll bind your hands with crazy compliance. Work for something with a big enough name that it can help you market yourself, Primerica, Investor's Group...something more like that.

Good luck if that's what you decide to do.

2007-07-25 14:28:27 by Christie B