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Reply to "How much do you think your financial advisor makes?"
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[quote=Anonymous][quote=Anonymous]The ones I know make between 50k (year 1) and 2m (in business 30+ yrs). I would NEVER recommend it for a recent college grad. No way is someone going to give someone so young and inexperienced their money to invest. You need to be a member of a team to successfully start off as an FA or start as an assistant, learn the ropes and then become an FA.[/quote] I think it is a great business if you are sales oriented and have a love of finance. My advisor is also my insurance agent. He is making high six or low seven figures. Built a business from scratch, one policy at a time. Very difficult to do when you are young, however he is killing it now. Lives in a low cost market and makes a big market salary. The nice thing about it is you can work anywhere unlike a lot of businesses where you have to be near a larger market. [/quote]
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