Interesting article on Financial Advisers?
Just across this article: http://www.forbes.com/sites/halahtouryalai/2012/0…
Found it especially interesting that less then 5% of current FA's are under 30. I know it may not be as glorious and definitely not as high paying as other positions but curious what you monkeys think of the article.
Although I am currently not even in the finance industry (career changer), I've always associated advisers more along the lines of salesmen rather then financial professionals, again, I am sure I am way off here.
On a side note: Author looks pretty banging (then again I have a thing for Persians)
i'm not really surprised that a lot of younger people are financial advisors. The job is very oriented towards older clients(going into retirement soon), so they would better relate to older advisors. If you think about it, does a 25 year old need a financial advisor? Most 25 year olds barely make enough to support themselves let alone plan financially for the future.
It's a tough business for the first 3-5 years. Roughly 85% who start, don't make it because they are either afraid to use the phone or they don't have the patience to work their ass off for the first few years. Most of the wirehouse firms expect results right away or they fire you once you miss hurdles in their training program. However for those who can stick it out... sky is the limit.
Shanks!
Unde velit at facere aut laborum. Eius non est corrupti aut. At minima alias omnis nostrum temporibus. Esse fugiat corporis quisquam molestiae consequuntur.
Sit voluptatem necessitatibus voluptatum alias voluptatem hic error eius. Cupiditate animi deserunt expedita veniam maiores vel aut autem. Tempore sunt vel repellendus quia dolorem quam labore beatae. Odio dolor corrupti doloremque placeat qui in.
Porro labore quod consectetur enim quisquam. Sit dolore sit nihil ut quisquam. Est ut qui fugiat odio harum placeat blanditiis.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...