Hello everyone, I have 3 career related questions: 1. I 've been trading for about a year now and although I have been fairly successful, I feel that this job is extremely stressful. I'm giving it everything I got to make it, but if I don't, I need to have a back up plan to fall back on. I have a BBA in Finance and I was just wondering what is the hottest job in finance that does NOT involve advanced math? 2. I hate math, but I love to work with people. Someone suggested that since i have a series 7 already, I should go to training as a Financial Advisor. But I am not gonna choose a career just because I have the license it requires. I am trying to get a glimpse of a day in the life of a financial advisor. The most important question is: How hard is it to find clients? I know that when you start, it will be tough, but once you have a client base, how's life? Is anyone here a Financial Advisor? Or can anyone describe what a Financial Advisors' career is like? 3. I read on some magazine that a Financial Advisor job is the 3rd best job in the U.S.... Is this true?? Your answers would help me a lot. Thanks.
A financial advisor is just a fancy salesman, I would not think that would be something you were interested in with a BBA in Finance. FAs are like real estate brokers, they keep growing in numbers as more and more people enter the market.
The most stable job: Fund(Operation) Administrator. Back Office Accountant. Most hot: Trader. Quants.
Thanks a lot options and ts. Wow, Back office accountant is that stable? Damn, I just turned down an interview offer today for a similar position in the operations section of a major bank...I asked the guy if there will be room for advancement and he said "You can only advance in operations". And I thought operations was a lowly section in a bank...
As you have thought, it's all the itsy-bitsy ground work stuff. There's no glamour or hotness in it but all the fund traders I know appreciates their work. After you learn the whole nine yards and get connected with the top Inst. Bank, it's an easy 6 digit income, and they sure deserve it.
No thats a Financial Planner, which you need your CFP certification. Financial Advisers is a flipping joke. One can get that job with a G.E.D. Try to find a part-time job that you would love to do. (most likely won't pay much or it could). Its a good equalizer to the stress of trading. JMHO, Good luck
Does anyone have a chart of the year over year Wall street bonuses going back 50 years or so? I couldnt find anything for more than a couple years.
Dinoman, I thought financial advisor and planner were the same... Whats the difference besides the cfp? I mean, is Financial planner better salary-wise? Wow, I'm definately dropping financial advisor off the list..Sounds pretty bad... How about Forensic accounting? I was thinking If I can get into forensic accounting than after a couple of years, I can join the FBI white collar crimes division where they value accounting skills.. Any idea on this? I've always wanted to work for the fbi, even though I may not get a big pay check..