Questions about a Career in Financial Advising
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I am considering becoming a financial advisor. I have some questions that hopefully some of you can answer.
1) Do most advisory firms allow you to sell index funds or ETF's? I only believe in investing in funds that are non-actively managed. I don't want to be pushed to sell actively managed mutual funds but instead I want to be able to recommend Vanguard-type funds. I heard Edwards Jones banned Vanguard. I also don't want to feel like I am pressured to offer financial product like certain annuities just to tie up clients' funds for long periods of time in order to make it tougher for the client to back out.
2) This is pretty much mostly a sales job, right?
3) Can you do it part-time to start?
Also, I've had outside b2b sales jobs before and I decided that I really dislike, cold-calling. I like to work with clients, but I don't like chasing cold leads. I would not mind putting on financial education seminars as a means to get clients. Am I considering the wrong career?