Reply To: Being a financial advisor

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#747007
yswo
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I considered becoming a financial advisor here is what I know about the field. Some companies are awful to work for, but most of the time you will be out of the office, it is very independent work. Basically regardless of what they tell you their main goal is for you to sell life insurance. If you do not meet their quotas of signing up a certain amount of people per week you will quickly be fired. You can make your own schedule, but on average it is far more than a 9-5 job.

You can make tons of money in this field, but the hours are very long and the first years are extremely tough. If you can survive the first few years you can make a very good salary. I think the average retention rate after two years is close to 10%, don’t quote me on that, but I know it is extremely low.