I am considering an looking to become a Financial Advisor. I transitioning from another career. Can anyone tell me what I can expect for a first year income potiential? Also, years two and three?
Thank you for your assistance. ODS
Go to work as an employee for Edwards and Jones. You can win a trip (only with your spouse) then come back to your office and get a huge tax bill for more than the trip was worth. You can learn all about Ted Jones and his horses and dogs. 7 funds to sell and marked up junk bonds too.
You can expect 45K first year, 25K second year, and an improved unemployment check "thanks Barack" the third! Good luck!
right now most of the new guys can expect 0 income since most of them are getting laid off but in a normal environment when you get a salary for the first year or two you can expect, if you survive, 1yr 50, 2yr 75, 3yr 100k . Most of the guys i know that survived made about $100k in their 3rd year. but remember that about 75% or so are not around in 3 years.
ODS Bradley - Go for broke(r)! Join the big green machine. Get a nice salary and a bonus for passing your licensing exam and then watch your savings dwindle as you "invest in your business"
unless you are highly motivated and dedicated person who can work between 80 t 90 hours a week for next 3 to 5 years dont do it.