FINRA
Why do people with FINRA licenses not get paid more that people in other fields with no licenses. Some buddies in wealth management get higher salaries but they have to take no test while I’m studying my ass off.
By your logic, everyone will try to be like this:
I understand that aspect of it but from my understanding of wage rates the more qualifications you have the more value you are providing to your employer which in turn means you earn more money. I'm talking mainly about equal experience candidates. I'm sure there's more that goes into it than that like location etc. But the industry does have some confusing standards when it comes to salary. Not complaining though I'm actually a capital markets monster who eats yield curves for breakfast.
FINRA licenses are not a qualification, they add no value. They're a legal requirement for most jobs, the cost to the firm to have someone take them is negligible.
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