Personal Financial Advisor

College Majors Business Major
1

<p>I'm extremely interested in this career. I would like to look into this job possibility because I find the task of helping people manage their money in a portfolio to be a very exciting and rewarding career. In addition, I'm also very keen on the stock market and other mediums of investments. I love to network with people and help them realize their financial potential.</p>

<p>What should I know about preparation for this career? Currently I am majoring in Finance at the Kelley School of Business (Indiana) and I've decided that careers like Investment Banking aren't really for me. During my freshman year of high school I met with a financial advisor and a senior analyst at a local Merrill Lynch firm and they made it very clear that one must have at least 2 years of work experience after completion of a college degree to land a job as an advisor. What sector of finance should I gain my work experience in to maximize my chances with a decent financial management firm?</p>

2

<p>My dad is a financial advisor for AXA Advisors and he was in the food service business before getting to financial planning for individuals. There is a lot of certification you must get before you can even begin to work with clients. I think personal drive and the ability to stick with it for the first few years is much more essential than the right kind of work experience.</p>

<p>Financial Advising is especially hard for younger people because it takes a lot of business maturity. You aren't going to start making a lot of money for at least 5 years, because it takes that long to build your client base and get all the certification to be able to sell the high commission products.</p>