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Thank you for completing your Financial Career Analysis. The results of the analysis as well as your email address with be kept strictly confidential. You should follow the career path of the Independent Financial Advisor in the non-securities sector, which has fewer educational requirements and minimal licensing requirements. A college degree doesn't necessarily make you a better advisor but is required for employment in the corporate and securities environments. You should seek a career path as a Financial Advisor in a non-securities related environment. The securities related job market (stocks, bonds, mutual funds, etc.) is very competitive. The law requires employment with a wire house, broker, or insurance company who generally look to hire those with a degree in accounting or finance. Because of your educational backgound, your career path options as a Financial Advisor are wide open and your chosen path should be based on the information below. Your income potential is significant as both an institutional advisors and an independent advisors, the national average being in the low six figures. However, as an Independent Financial Advisor, there is more opportunity for you to dramatically increase your income. [name], you have the potential to earn a high six or seven figure income and enjoy many more tax deductions. You can do retirement seminars or internet marketing and you have the ability to hire & train advisors to build your agency and develop a substantial passive income. Free time is important to you, [name] and as an Independent Financial Advisor, you are self employed. As such, you set your own hours, even part-time or second income is possible. Corporate employee advisors, especially new hires, are often required to work 60 hours per week as a minimum. Because you prefer working for yourself but not necessarily by yourself, you are more suited to become an Independent Financial Advisor. [name], you should connect with an Independent Marketing Organization who can provide training and assist you with getting started. Security is important to you, [name]. The key to job security as a Financial Advisor is having a solid, loyal client base who will follow you. A corporate employer will, normally, not allow you to own your book of business and, therefore, can't offer you a high level of income security. Follow the path of the Independent Financial Advisor and build a solid client base. Your preference for structure and organization would indicate your more suited for a corporate environment with a large, well established banker/broker or an insurance company with a firm organizational structure. There is a lot of competition for these positions and you'll need a college degree in a business related field with an excellent GPA. Your preferences for freedom and flexibility point toward a future as an Independent Financial Advisor. There is much less pressure to out-perform, out-sell your competitors. In fact, you can work with other aspect of a clients financial health such as income/expense management and debt management without selling anything. You enjoy working with people and 95% of the adult population of this country needs you. They have all manner of financial needs and, as an Independent Advisor, you are well suited to educate them, work with them, and be greatly rewarded for your efforts. The certified advisors generally work with the top 5% with the need for wealth management services. There is a need in this industry for leaders like you who can help train and develop others to follow your footsteps and help American's regain their lost financial security. The corporate environment tends to see leadership as a threat. They prefer followers. The Independent Financial environment is best for leaders. You may be well suited to work in the "buy" side evaluating very large sets of numbers and performing analytical evaluations of public companies. This is an institutional position that leads to a Certified Financial Analyst position and training is long and painfull but this can be very rewarding if your great with statistics and very patient. Your level of committment and confidence is an indication that you are a good candidate for an instituional type of advisor position perhaps working as an certified analyst. This can be a very rewarding career for those that can devote a tremendous amount of time and effort into study and internship. This is the financial industry's equivalent to becoming a medical doctor. Making life long career choices is difficult. You are best suited to follow the Independent Financial Advisors career path where you can develop at your pace without taking on a life changing career experience. There is an abundance of inexpensive financial training available, giving you the chance to test the waters. Worst case is that you'll get a very worthwhile financial education for your own benefit if not for the benefit of others. Your penchant for details suggests that you would thrive in the securities industry as a specialist in a specific product area. If you're going to expose your clients to risk, you will need to know every detail of how a particular security product works, what are the moving parts, and why it works as it does. Your desire to stay on top of a wider range of issues suggests that you would be well suited to work as an Independent Advisor. The deregulation of the industry has borne a whole new generation of financial concepts and innovative products from a variety of carriers that can only be covered by an Independent Advisor. A non-captive advisor can address the broadest range of financial needs and issues. Having good financial instiincts is important in the corporate advisor environment where, often, the training is more about regulatory compliance and procedures. [name], your pre-existing financial instincts will be very benefical because you won't get a lot of practical training in this area and must rely on your experience. [name], did you know that many of the most successful advisors started out as clients and were motivated to succeed because they were never given a proper financial education. The big financial corporations have made billions from our lack of financial education. As an Independent Advisor, you'll have the opportunity to develop your financial knowledge and skills and your clients will benefit from your education. If your analysis indicates an aptitude for a corporate advisor position, here's a good place to start: www.wikihow.com/Become-a-Financial-Advisor If your analysis indicates that a career as an Independent Advisor might be more suitable for you and you want a free career guide on getting started, please go to: www.YourFinancialAdvisorCareer.net Thank you for participating my career survey, [name]. Best wishes for your success, David Haslett, Senior National Director, FEG
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