what financial advisor field pays the most money?
I want to know which field being a financial advisor pays the most money (hedge funds, portfolio managers, private wealth financial advisor, etc.) Also, I've heard that the retention rate is extremely high in that over 80% of financial advisors quit by their 4th-5th year. So if you find out financial advisor/planning isn't right for you, what other lucrative fields can you go into with a bachelor's and MBA degree without necessarily having to start at the low end again making about $40,000??? If you've spend the last 4-5 years as a financial advisor, and don't have "work" experience as a financial analyst, controller, etc. what jobs can you transfer into (at a decent salary) and still work your way up??? Thanks for any help Please somebody add useful advice and information...not like athel and paz who just wasted their time
Asked By: ian - 2/18/2012
Best Answer - Chosen by Asker
In general, I would avoid the use of the term "financial advisor" unless you're specifically referring to someone who works in private wealth management at a retail broker or registered investment advisor (RIA). People who work at hedge funds or in investment research (portfolio management) don't use this term to refer... More
Answered By: Carteret - 2/18/2012
Additional Answers (1)
Unless you have an ivy league degree, you will not break into many of the above stated fields... More
Answered By: colin - 2/18/2012
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