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Thread: Financial Advisors

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  1. #1

    Re: Financial Advisors

    Initially, you'd have to start as Trainee Financial Advisor due to lack of experience. Then you could work as a Trainee whilst getting your exams , which could take about a year for someone with experience or if someone has little or no experience could take the same time as more time could be devoted to study.

    However, firms are not that keen on Trainees as it needs a lot of investment with little return early on, and tend to switch other staff with potential in to these roles. They prefer to recruit experienced people as they would be up and running very quickly and would already have the relevant qualifications.

    If you had contacts that you could use you could get a role as a self employed advisor with a firm but would be hard to earn a lot early on as you'd need to be supervised at first.

  2. #2

    Re: Financial Advisors

    Quote Originally Posted by cardiff55 View Post
    Initially, you'd have to start as Trainee Financial Advisor due to lack of experience. Then you could work as a Trainee whilst getting your exams , which could take about a year for someone with experience or if someone has little or no experience could take the same time as more time could be devoted to study.

    However, firms are not that keen on Trainees as it needs a lot of investment with little return early on, and tend to switch other staff with potential in to these roles. They prefer to recruit experienced people as they would be up and running very quickly and would already have the relevant qualifications.

    If you had contacts that you could use you could get a role as a self employed advisor with a firm but would be hard to earn a lot early on as you'd need to be supervised at first.
    Thanks. Sounds likes its something I would have to do alongside my current job to start with.

  3. #3

    Re: Financial Advisors

    Quote Originally Posted by cardiff55 View Post
    Initially, you'd have to start as Trainee Financial Advisor due to lack of experience. Then you could work as a Trainee whilst getting your exams , which could take about a year for someone with experience or if someone has little or no experience could take the same time as more time could be devoted to study.

    However, firms are not that keen on Trainees as it needs a lot of investment with little return early on, and tend to switch other staff with potential in to these roles. They prefer to recruit experienced people as they would be up and running very quickly and would already have the relevant qualifications.

    If you had contacts that you could use you could get a role as a self employed advisor with a firm but would be hard to earn a lot early on as you'd need to be supervised at first.
    What about mortgage advisor? Is that easier to get into?

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