Should I or shouldn't I become a financial advisor? If you are an FA please respond. What should I expect?
Question:
Answer:
You will work alot of hours at least at first to generate consistent income and you become proficient at setting appointments and making sales. I have seen many people fail because they have severe call phobia(they freeze up on phone) or even get very nervous when meeting with clients. If you enjoy learning about insurance and investments and like to help people then go for it. It would be best if you could have some mentor you for a while until you get good.
extra info:
Your main role will be to talk to clients and get a feeling for what their goals and concerns are. Based on that you will recommend different insurances or investments to reach those goals. You will generally not be picking stocks or trying to figure out what way the economy is going.
No, you should not!
A finacial advisor analyzes market conditions and makes decisions on what they believe will be profitable.
If you can't analyze the market to decide if it is profitable or a good idea for you to do it, how can you possibly analyze the financial situations of other people, funds or investments and make good decisions.
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