Discover New Pathways to Your Rewarding Career as a Financial Advisor.
The†explosion of Baby Boomers into the retirement sector is creating a huge demand for new Financial Advisors. This is an excellent opportunity for those who wish to discover a career of abundant personal satisfaction and significant income potential. This article explores the career paths and provides a number of very useful tips on getting started as a Financial Advisor.
With 77 Million Baby Boomers contemplating retirement, the employment outlook for personal financial advisors is excellent! With this massive generation being, for the most part, unprepared for maintaining their lifestyle, many are looking for the assistance of a financial advisor.
Significant income potential, prestige, career security, and personal satisfaction are among the reported benefits for those seeking this career opportunity.
There are two separate pathways that lead to becoming a successful financial advisor. One is a more difficult trail with obstacles along the way. It begins with an MBA degree in personal finance or economics followed by intensive study for one or more NASD examinations to become a registered representative.
Then, in order to launch your career as what was known as a stock broker, youíll need to seek employment selling securities for a wire house, broker/dealer, or insurance company. Despite significant competition and regulatory compliance oversight, youíll build your ďassets under managementĒ in order to satisfy your employer and/or qualify for assistance with expensive advanced certifications.
Another path is not nearly as long, difficult, or stressful but just as rewarding.
For the Boomer, a fifty-something with the life expectancy of a Galapagos sea turtle but with less than two years of income saved for retirement, itís no longer about accumulating a portfolio of assets. Itís about the other three quadrants of his or her balance sheet which have gone largely ignored.
A true financial advisor should address these areas of concern and, to do so doesnít require a life changing career experience. There are new and innovative financial products and services which effectively address these issues, but are not securities and are not regulated by the NASD and SEC.
If youíre contemplating a lucrative and rewarding career as a Financial Advisor, Here are some tips to help you down that path.
We are at the brink of the largest wealth transfer in history. There is a tremendous need for qualified financial advisors to lead this history making generation down the path to financial security. Those that choose this path will discover a career that offers an abundance of personal satisfaction as well as significant income potential.
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ABOUT THE AUTHOR
David Haslett is Senior National Marketing Director of Freedom Equity Group.
Want to learn more about this lucrative and rewarding career opportunity as a Financial Advisor? Want to know the inside secrets of Million Dollar Financial Advisors?† Request now by clicking http://www.yourfinancialadvisorcareer.net/