Becoming a Financial Advisor
There may never be a better time to become a financial planner. With 76 million members of the baby boom generation reaching retirement age between 2011 and 2029, an estimated 41 trillion dollars that’s currently wrapped up in 401k plans, pensions, and other retirement savings will become available for reinvestment.
This influx not only needs to be managed to pay for retirement living expenses but also invested, grown, and ultimately structured to be passed down to the next generation. Investors that have focused entirely on wealth accumulation throughout their working lives will now need help preserving that wealth for whatever their future may hold.
Financial services firms and brokerages are well aware of this opportunity and literally can’t hire and train financial advisors fast enough. You’ll have to work hard to be successful but in an economy where job security is low and the changing job market is pushing more and more skilled professionals out of their chosen careers well before they’re ready to retire the opportunity is there - you just need to step up and take advantage of it.
You’re here because you’re at least considering a job as a financial advisor - maybe even a career change into financial planning. As a former financial advisor for a major brokerage and a career changer I created this website to tell you what I wish I knew before I started. I’ll tell you what to expect during an interview, what training will be like, what working for a brokerage entails, and give you the inside scoop about what it really takes to be a successul investment advisor.
Even though I’m no longer in the industry I really believe that a career as a financial planner is a tremendous opportunity for the right kind of person. Unfortunately I didn’t turn out to be that kind of person but would absolutely recommend financial planning as a great career choice. Hopefully by reading through this website you’ll be better able to decide if it’s the career choice for you.