Careers Employment
Financial Advisor Career
Nov 13th
Tony Jacowski asked: Financial KnowledgeNowadays, most financial advisors have a college degree and have a good understanding of the financial markets and a good command over financial subjects in general. However, in view of the ever-growing complexity of the work, a good grasp of the economy is essential to conduct technical financial analyses. This is an integral part of the job of a financial advisor. You must also be able to build relationships and gain the trust of your clients.Licensing RequirementsA license is a must for a financial advisor career. To qualify for the license, there are some specified exams that More >
How Much Does a Financial Advisor Make?
Nov 2nd
Eric Muir asked: How much a financial advisor makes depends on many factors not the least of which is how they charge clients for their services. The most common fee structure for experienced financial advisors is a fee-based compensation arrangement based on a flat percentage of a client’s assets under management. A typical fee is 1% of the portfolio value charged annually.According to Money magazine, the average financial advisor makes $120,000 a year so as a fee-based advisor you would need $12 million in investments under management with a 1% fee to earn that $120,000. But, not all of that 1% More >
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