Financial Advisor vs. Loan Officer?


Question:
I have been in the mortgage business for 10 years and I am thinking about switching to becoming a financial advisor due to the mortgage meltdown going on or I was thinking about waiting it out. Your thoughts?

Answer:
I am going to a career change at the moment.I have a business degree but never used it till now.I have been trying to find myself and decide what it is that I would like to do that would be both challenging and fullfilling.Well...this is it...an FA.Depends on the company but they have a very long screening process...I myself have been going through that for the past 2 months.The first 6 months there is a lot of studying involved,tests,training,long hours.Then afterwards...there is about a 2-year period where it is totally up to you to build your business.It is a lot of networking and meeting people 24/7.
If you really have your heart into it...go for it...I am determined to start that career.Every experienced person I had met...told me it is so tough and takes a lot of work and patience.especially at the very beginning.But when there is a will,there is a way..Good luck if you decide to try it.I need some of that myself.
I'm gettin' out!
Depends on how long you want to wait it out and where you actually live. If you're okay waiting a year maybe two, then I think the slump will be on the up-turn. Different areas have been hit the hardest and some haven't even felt the change. New York and California are feeling it the worst.
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