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[quote=Anonymous][quote=Anonymous]My husband is a financial planner. He started out making about $50k at age 25, and now at age 40, he makes $500k. He built his practice from nothing, and despite what you would all like to think, he actually really helps people.

He makes a point of not recommending the highest cost products. Here's a little tip for the average investor- be very careful about what you are paying for fees on each financial product you own. It can make a huge difference on your return, but most people don't ask, compare, and read the fine print. [/quote]

I work for an FA. He has a solo practice - besides me of course. I am his marketing/admin person.  He has been in the biz for about 15yrs I guess? makes about $250-$300K a year but its feast or famine sometimes.  Thank goodness for "trails" because sometimes the month looks a little light income-wise.

Its not an easy business and for sure no one is going to just hand a young kid out of college all their financials - unless they are a peer of his and close in age and not high-earners, yet.. He/she should start out mentoring under someone and scooping up all those 28-32 yr olds who will soon be getting married and having children.  Solidify those relationships now because in about 20 yrs those same clients will be his bread and butter as they will be at the top of their earning years. [/quote]

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