- 618
- 40
- Joined
- Mar 18, 2004
Hey NT, I'm currently interning at Merrill Lynch in Wealth Management. Most of my work really consists of getting leads by cold calling
other than that I look over my Boss's portfolios and listen in on what stocks he offers to his clients to invest in. My boss is actually a pretty cool dude, young guy and I think he makes roughly around 200-250k a year with his client base.
My question: Is becoming a financial advisor all its cracked up to be? How many actually make it through the training program? The one at Merrill Lynch is a program in which you get salary for the first 3 years as you build your clients, then after its purely commission. I know within that time period you have to get your Series 6, 7 and 63. My concern is, the market is flooded with financial advisors, so would working at a firm with a reputation such as Merrill Lynch better increase my chances of getting accounts?
Any input would be great.
My question: Is becoming a financial advisor all its cracked up to be? How many actually make it through the training program? The one at Merrill Lynch is a program in which you get salary for the first 3 years as you build your clients, then after its purely commission. I know within that time period you have to get your Series 6, 7 and 63. My concern is, the market is flooded with financial advisors, so would working at a firm with a reputation such as Merrill Lynch better increase my chances of getting accounts?
Any input would be great.