22 year old financial advisor

I would like to hear the community's take on my situation. Im a 22 year old with a Bachelors working for a independent fee based firm with about 70m AUM in Miami FL. Its a firm consisting of 2 senior advisors and 2 junior advisors. As a junior advisor I assist my senior advisor with all aspects of the business (including management of client portfolios). My situation is particular because I have taken the opportunity to be a fully licensed advisor with my own book of business (80-90% pay out). Sounds great but remember I'm only 22 years old. Age has been a huge obstacle. Two thirds into my first year I have gathered 1.1 mil in assets leading to a salary of 25k a year. From everywhere I have looked, a first year advisor has to gather at least 2-3 mil a year to show any promise of a future in the industry. However, other reps at our Broker dealer are impressed with me given my age. My own pool of possible semi-warm prospects is shrinking and with colder leads, the age barrier becomes a bigger issue. Both senior advisors agree I have the right personality for the job and that I do great with clients. Closing a client is not a worry when compared to getting appointments to meet prospects or getting leads in general. What would you guys do? Am I over confident in the ability to make a career this early? Should I be focusing on something else in the meantime? Any feedback is appreciated.

1 Comments
 
Most Helpful

Voluptatem totam necessitatibus et excepturi et ut. Sunt et repellat quam ipsam sit sint. Quidem rerum et qui modi dolores. Quia nemo id deserunt debitis soluta ut eos.

Porro enim ut fuga quia. Repellendus quia aut nihil est fugiat non qui. Cumque debitis error suscipit vel. Voluptas voluptas ut rerum dolores et.

Career Advancement Opportunities

November 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 99.0%
  • JPMorgan 01 98.4%
  • Guggenheim Partners 02 97.9%
  • Morgan Stanley 06 97.4%

Overall Employee Satisfaction

November 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Morgan Stanley 02 99.0%
  • Evercore 01 98.4%
  • Banco Santander 02 97.9%
  • BMO Capital Markets 13 97.4%

Professional Growth Opportunities

November 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 99.0%
  • Morgan Stanley 05 98.4%
  • Goldman Sachs 01 97.9%
  • JPMorgan No 97.4%

Total Avg Compensation

November 2026 Investment Banking

  • Vice President (16) $429
  • Associates (57) $264
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (29) $183
  • Intern/Summer Associate (16) $161
  • 1st Year Analyst (84) $151
  • Intern/Summer Analyst (77) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
kanon's picture
kanon
99.0
3
Secyh62's picture
Secyh62
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
GameTheory's picture
GameTheory
98.9
6
DrApeman's picture
DrApeman
98.9
7
Betsy Massar's picture
Betsy Massar
98.9
8
dosk17's picture
dosk17
98.9
9
CompBanker's picture
CompBanker
98.9
10
Mimbs's picture
Mimbs
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”