|
|
| *Ostroff, Fair and Company>>>Financial Services |
How is like working as financial advisor with Edward Jones? |
And what are the differences with the other major financial services companies? How much can you make in one year working with cold calls and canvassing? I know someone that works at Edward Jones and they are very happy with their business. However, he's been there several years and his practice is established. If the answer that you are looking for is "You can make six figures during your first year", then you are going to be disappointed. Beginning work on your own, no matter what the business, will require tons of pavement pounding. A friend of mine started his own construction business recently. How do you think he gets his customers? Sales approach, referrals, word-of-mouth, etc. Unless you know several high net worth individuals, the first year will be lean. However, if you can get through with decent income, the subsequent years will continue to build on that first year. Renewals will take affect, your existing clients will be building wealth, you will keep getting referrals, and you will continue getting new business. Those are the key reasons being on your own is better than collecting a corporate paycheck - and a mediocre one at that. If you think this is a pep-talk, it is. I am transitioning to the business because I am tired of pay caps for salary positions. Being your own boss is the ultimate paycheck. Not to mention, the business you are getting in is NUMBER 2 on the most satisfying jobs list. One additional point - to get some credibility, get an education (if you don't have a degree). Nobody will trust you with their money if you have less education than they do. Ron, ChFC They are a conservative firm from Missouri. Make sure they give you a good offer. Its kind of cool becuase you are essentially your own boss, and dont have to deal with crazy-co-workers, or a boss that us a micr-managing SOB. IT IS IMPORTANT THAT YOU MAKE AS MANY PHONE CALLS AS POSSIBLE, all you need man is to get the clients, prospect to get an many as you can. Order a subscription to the ECONOMIST, you will need to impress these people, and you will need to know your business better than anyone. Get the journal too, and read it every day. After two years, of working your as off you wil have your business, and your life will be great. Good luck! |
| Tags |
| Marketing & Sales Law & Legal Health Care Government & Non-Profit Food Service Financial Services Administrative and Office Support Other - Advertising & Marketing Search Engine Optimization |
Finance Categories--Copyright/IP Policy--Contact Webmaster |