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Jestli 11-14-2007 03:48 PM

personal financial planning degree jobs
 
im going to be graduating with a degree in personal financial planning, is there anything other then personal financial advisor i should be thinking about?

what are the best or worst companies to work for?

thanks for any input

CrushinFelt 11-14-2007 03:54 PM

Re: personal financial planning degree jobs
 
A lot of places are looking for lots of people in this area. Most big names are fairly interchangable for the type of people you'll likely be going after. Who you work for is less important than where you work and who you know.

Jestli 11-14-2007 09:37 PM

Re: personal financial planning degree jobs
 
is just about every financial advisor going to have to put in crazy hours doing cold calls to start out?

Jestli 11-19-2007 12:24 AM

Re: personal financial planning degree jobs
 
any financial advisors out there?

luckybacon 11-19-2007 03:00 AM

Re: personal financial planning degree jobs
 
My understanding is the first year is all about making tons of cold calls, emails, leads from other people, etc. I would estimate that you spend most of your time on that starting out

Ps3tn0NcYk 11-19-2007 03:14 AM

Re: personal financial planning degree jobs
 
I did it for a major Wall Street firm.

First year is all about being a "slave" for producing brokers -- which means long hours and cold calls.

I did it in 1999-2000 and found the job to be joyless. However I am more cerebral and considered a "maverick".

Specifically, I was better suited as a "buy-side" analyst and did not feel comfortable pushing product to meet sales goals.

The most successful FAs were typically the type that could sell ice to Eskimos, hooked-up with family connections, or generally enjoyed being a "company man".

Main Point: Market knowledge != success as a FA


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