Doctor/dentist vs financial advisor with my father

Flexskeet's picture
Rank: Baboon | 130

Pretty simple which would be a better choice? The main things I am looking for in a career is a. Making a lot of money b. Not working too many hours. Ps I know all of u with say do what u love but these are the career I have boiled down too. Also my parents are willing to pay for medical school or dental school so does anyone have any advice. It would be appreciated!

Comments (9)

Aug 21, 2018

Hi Flexskeet, whoops, looks like nobody chimed in here.... maybe one of these discussions below is relevant:

  • Financial advisor father into investment banking. Which would have more money and be more worthwhile? Financial advisor ... post. I am trying to decide between working with my dad and his 250$ aum at a B.B. and trying to get ...
  • DealMaven versus Wall Street Prep (comparing financial training solutions) really help with modeling skills. I took a bunch of accounting and corporate finance electives at my ... university (and counted the credits towards my econ major), so I found the program of little value. So, for ... decision to do both, so here's my take. In my job, I'm frequently building all kinds of models ...
  • Financial advisor vs investment banker I consider working with my father? Thanks a ton in advance! Investment banker financial advisor best career ... all of you. So my father is a financial advisor at a known BB in the Midwest and we are well off. ... money. So my question is would it be worth it to try to break into investment banking or should ...
  • Comparing Deloitte vs KPMG? within Advisory, it depends on which function. I've heard KPMG's Financial Advisory practice ... enviornment Which is Better for Advisory- KPMG or Deloitte? Our users highlighted that Deloitte is generally ... Though, the prestige does come with douchebags. While this sentiment was shared by other users- user @Hugo ...
  • Bloomberg on Trump "I built a business and I didn't start it with a million-dollar check from my father." vs net worth" basis, and them both being NY guys, that's quite a burn by Bloomberg. ...
  • Comparing Investment Banks, Hedge Funds and Private Equity Banking vs. Venture Capital Investment bankers are advisors that work with companies to raise capital for ... from IB backgrounds are faced with the decision of which career track to recruit for- PE vs. HFs. What ... companies. Work with companies on operations. The goal is to improve efficiency, which then improves the ...
  • "A Son Never Dies" by Sunil Gupta- Moving Letter from a Father of an Ibanking Analyst slumped on the floor. Our world had changed forever with a void which will never be filled in our ... and with no result in sight, the gynaecologist, who was my school mate, came out and asked me to sign ... for hours within the house with him in my arms, trying to get him to sleep. Finally, we found a way ...
  • More suggestions...

Who will rescue this thread? @wallstcuck @Xiiixiii @Sonsofgoldman

I hope those threads give you a bit more insight.

Sep 4, 2018

those are so different it't not even funny. if you're passionate about medicine, do that, you can always go back to PWM, but if you don't go to med school (assuming you get in), you can never go back.

that's one way of looking at it, the other is that I hate the direction medicine is going and it depends on your dad's practice. if its a minefield, maybe pass, if it's lit fam, then yeah maybe do it

I commented extensively here on the subject, same advice applies:

    • 1
Sep 4, 2018

Agreed with above, these are very different.

My thoughts:
a. what do you consider a lot of money?
b. what do you consider a lot of hours?

I would say the financial advisor probably has a wider range of income, but the doctor is probably more stable.

Sep 4, 2018

Last week it was PWM or IB, now its doctor vs PWM... Looking at your page medical sales is also a possibility for you...

Basically, you don't have a clue what you want to do. You just want $$$$. So go after IB. Not that you'll have any success from the looks of it.

Cultivating mass and wealth since '95

Sep 4, 2018

Except the fact I don't want to have to work 100 hours a week to get $$$

Learn More

Boost your resume and land a finance job by passing the FINRA SIE. 264 pages & 1981 smart flashcards written by a former 8X top Fidelity instructor. Try it for 0 bananas here.

Sep 4, 2018

Do you honestly think doctors have it easier? 4 years of undergrad. 4 years of med school. 3-7 years of residency. Pick your poison kid. No job that pays what you're looking for is easy, that's not how the world works. Stop being a lazy POS and chase something you'll enjoy day in and day out. Sure the money might make that a little easier, but after $85k or so, studies have proven money means less and less

Cultivating mass and wealth since '95

Sep 4, 2018

Edit: never mind. I'm wasting words on this topic.

    • 1
Most Helpful
Sep 4, 2018

Dude, NOTHING will pay you a lot of money without a lot of effort. Perhaps your father's practice is an exception if he's killing it and will just give you a ton of money, but I doubt that (he will). You sound like a whining child who doesn't want to earn it.
DO NOT go into medicine for the money. It is grueling (for a lot longer than 2 or 3 yrs) and you would suck at it if you don't love medicine. I'd hate to be your patient if I knew you only cared about the money.

Bottom line is you will suck at everything if you do it for the money. You won't get good enough to make the money. If you're excited about 150k as a 23 yr old, that's chump change in the long run. If you don't really like IB, you'll burn out and be out of the business. Any of these industries could pay you high 6 figure or 7 figures if you're great, and to be great you have to love it.

No shortcuts!

    • 3
Sep 4, 2018
    • 2