Independent Financial Advisor Training

You can be a stock broker, life insurance or annuilty sales person, mortgage broker or get a Certified Financial Planner certification. In all these fields you need to be able to give credible financial advice.

Or become a CPA with a Personal Financial Specialist designation.

You can get an MBA in Finance and study for another 3 years to get a Certifieid Financial Analyst designation.

Then you can run portfolios for major financial institutions.

2006-09-12 12:22:12 by anon

www.AdviserExams.co.uk - CII Regulated Financial Adviser Exams Training

I have 17 years of experience in the investment field and I have been managing and trading my own account for a living since '98.

I am thinking about talking with some independent financial advisors with the intent of finding someone that wants to take on a junior advisor(usually the advisor will give the junior some small accounts to help get started and takes a cut of the commissions of course) I have heard that this is a much better approach than starting out with no accounts as you would in a wire house training program.

We've been trading for the same amt of time!!! Me since 98 too! I decided to get my series 7, & 3 license at the end of 2000, but then when 9/11 happened it just created havoc in securities industry. And even though I believed the market would go down and had good stragities to help people protect their investments, I couldn't convince others. I guess I am not a very good salesperson. I hated the sales end of the industry, as it is just that. Sales. Makes no difference to the company what you know, they just want to see sales. The better way I think for a trader, if that is what you like to do, is to get in on the portfolio management or (I can't think of the term right now, but industrial? where you are working with trading currencies for banks or trading stocks for the company itself) side of the industry, but stay away from the retail end. I later got my series 55 (market maker) and was much happier on that side of things, and later was hired by a private party to manage their large portfolio. I was very happy with that and made very good money, (but there were personal conflicts) I took my bonus and ran and now am back on my own.....and have lost all my licences due to not hanging them with a company, which I am not unhappy about. It was a good experience. I now also work with others helping them manage their own portfolio, for which I don't need any securities license for. I take a % of profits, and feel much happier doing this. I hope this helps.....and good luck!

2006-08-21 17:25:04 by Wanta be a hedgie

I've been thinking of a career change for a while (I am currently a web designer) and have been looking at becoming an IFA. I have seen hundreds of training courses being offered as well as trainee positions and they all seem to make it sound a little too good to be true. Is there really a high demand for this at the moment and how long could it take me to be up and running in this profession?

Try checking the trend in several jobsites. Changing a career is not easy by just taking training course, you should have strong educational background/bachelors degree to be qualified. Plus at least 2 yrs extensive experience.

2009-09-01 06:55:30 by Edan

I've recently got my CeMAP 1,2 and 3 and am just about to join a training course with New Leaf (to become an appointed representative) to do
my CeFAs and eventually Dip FA. They will also train and authorise me to give mortgage and insurance advice as an ifs on a commission basis.
Someone recommended getting a position with a large bank or investment company for a few years first because I don't have any experience.
Would they take on a person with no experience?
If not, do you think it would be worth getting trained up and working with New Leaf for a few years before applying for someone like this?

Stick with them for the time being. IFA firms like people with experience and a track record in sales.

2009-10-08 11:24:00 by Levster

I just posted my resume on monster.com yesterday. This morning, I got an email about a job opening for a financial service agency manager position from Farmers. Is this a scam or should I reply her? The job and the paid is very attractive, but I have never worked as a manager before. I am a recently college graduate. I had worked in as an administrative assistant for 5+ years. Should I reply or just wait for other job offering?

----------------------
Hi,


I work with Farmers District Manager, David Oyler. I was looking through the resumes posted on Monster and had to contact you regarding the Insurance and Financial Services Agency Manager position we have available. After reviewing your resume, it appears as though your career progression, skill-set, and previous experiences are a great match with the qualifications and range of skills necessary to succeed with Farmers Insurance. I realize that this is not necessarily the field that you were looking into when you posted your resume, but with your background and proven track-record, I think our career opportunity may be a great fit for your future career goals and aspirations.

Farmers Insurance Group offers the best entrepreneurial opportunity in the country today. As a Farmers agent, you are an independent business professional, consultant and financial advisor. If you are looking for a career rather than a "job", or want your compensation to commensurate with your hard work and dedication, then Farmers Insurance might have the answer. By operating a Farmers Agency, you are in business for yourself, but not by yourself. You will have the leadership, guidance, and support of your District Manager, Regional Office Personnel, and Home Office Management to build your financial future. Your new future starts with Farmers Insurance Group helping support you financially for the first 2+ years and provide you with the proven tools and training to become a successful Agency Owner.

TYPICAL AGENT INCOME
1ST YEAR: $70k 2ND YEAR: $150k 5TH YEAR: $250k

Our District Manager is searching for ambitious people in the East Bay area, who have strong business acumen, drive, entrepreneurial spirit, confidence, effective communication skills, independence and a strong desire to be financially successful. If you are interested in exploring this opportunity further, please spend some time reviewing the highlights of the career on our district website www.FarmersTeam77.com. Click through the web pages and give the career opportunity with Farmers Insurance Group careful consideration. If this career seems like it could be a match with you after reviewing our website, I encourage you to investigate the program a little closer and have all of your questions answered during an informative appointment with our Assistant District Manager.

Please contact me directly at (i'm going to hide the number). I can also be contacted via e-mail at (i'm going to hide the email).
If this position as an insurance agency manager and financial advisor is of no interest to you, I apologize for this letter. No reply necessary. Thank you for reading this!

Best Regards,


Julie Hite
District Recruiting Specialist for Farmers Insurance - District 77

Hi, Just checked their website out http://farmersteam77.com/ Looks like a sales agent job to sell insurance policies. Is that what you were looking for? The salary will be exaggerated because it will commission based. No harm in contacting them to find out more. But tread very carefully. Don't give them any money.

2008-10-01 12:52:46 by Mochi