I would like to become a broker or financial advisor I hear it can be done even with little or no college?
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Answer:
To become a broker, you get a few licenses that usually take a few months to study for any pass. Then, you work for a brokerage house that lets you park your licenses with them. (Actually, you usually find the sponsoring brokerage before you begin studying for the test.)
The name of the game is credibility, and you develop this with your follow through and the company you work for. Often a college degree assists you as well.
It takes, on average, five years to get yourself established in the business. During that time, there is a lot of hustle, a lot of sacrifice, and a lot of brokers who step out of the business. If you commit to doing this, you commit to five years.
You'll build your clientelle out of your warm market first, and then referrals from there, most likely.
There is a new movie coming out this December with (I believe) Denzel Washington as the star. I cried during the previews. It's about making it in this business.
Good luck!
Salesmanship is more important than education, however you need to pass the series 7 exam. It is very difficult and many need to take it several times. You must be sponsored by a brokerage firm to take the exam.
It's a difficult job to get into cold. Usually you need help to make it.
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