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Introduction to Becoming a Financial Advisor

 
 

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  • Financial adviser salaries are above average—median annual wages were $66,580 in 2011, with the lowest-paid 10 percent earning around $32,810 and the highest-paid 10 percent earning more than $187,199. The highest-paid in the profession work in the metro areas of Bridgeport, Conn., Fayetteville, Ark., and New York City.

     
  • A Registered Representative, otherwise known as an Account Executive or a General Securities Representative or most commonly a Stockbroker is a professional usually belonging to a brokerage firm and is licensed to buy and/or sell any financial instrument of any kind for both retail and institutional clients, through a stock exchange or over the counter, in return for a fee or commission.

     
  • As the job title implies, a Financial Advisor must be able to make sound recommendations to their clients on how they can best utilize their money while at the researching the marketplace for trends and giving their clients sound advice about products and services available, ensuring they are aware of and understand what best suits their needs and then securing a sale.

     
 
 
 
 
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