For independent’s with GDC 1-2 million… what % do you spend on staff?
As we have grown we have needed to add people… para planners…. Investment traders for the managed account… just added a junior guy good with computers just to keep the desk tops and laptops working with all our software programs and the required security.
We are spending about 35% for salary and benefits.

like

I went through two rounds of interviews for
a job that the posting stated $36.66 per
hour (FP&A Analyst)…the company
recruiter had told me in the initial call the
pay could be 32-36 because of the other
benefits. If I do get a job offer what range
should I try for? I was really hoping to get
around the 36-40 but now I feel like they
may try to offer lower than what was
posted. Also there was no range but the
average for this position is upper 70s-90k.
Thanks for any help!

like

Interested in what other roles may be out there for someone that doesn’t want to be a financial advisor but has all the qualifications. 10 YOE with series 7, 66 and 63 life and health insurance and about to have my ChFC. I always loved the client side of things and relationship management but was never into the investment management side- this far into the finance world just trying to find other roles that align with my experience but may be more personally satisfying.

like

I am about to get an offer for the TFA program at Merrill Lynch. Wondering if some people have gone through the program and what their experience was like? What was your comp structure/what would be a good number for me to ask for?

Series 65 license, 3 years of experience with 401k plans, the group I am joining specializes in K plans. Thank you!

like

Is there any benefits from hiring a financial advisor in a young age? I’m 26 and I’m not sure I’m picking the right investment for retirements accounts etc.

like


Does anyone know what the differences are from a level of support between the quasi w-2 employee independent advisor and the contract 1099 independent advisor at Raymond James? I understand that the former includes HR, benefits, etc. but from a practice management perspective is the back office support about the same? Marketing? Either channel, you are in control of the expenses from what I understand. Also the grid is about 10% more at a minimum going completely 1099 independent with them.

like

I am currently stuck between two job positions, one with Merrill making $85k base and big corp benefits and another for an RIA for $65k and no benefits like healthcare and 401k. I really like the RIA position better but other comparable positions in the area range from $45-$60k so it doesn’t seem like strong numbers to negotiate. Should I chose ML for the salary/benefits security— Anyone have insights? Worried of being a new higher compensated employee with a potential recession on the horizon..

like

Any mortgage brokers or asset lenders looking to put money to work? I have investment projects ranging from Healthcare, to Regtech, Aerospace Commercial & Residential Real Estate. Great founders and I want to help them get their projects funded!

like

Goldman Sachs
I am going to be interviewing for a Regional Consultant role at GS as someone came to me because they thought I’d be a good fit. I am happy in my current role and I am wondering if anyone has any additional insight into the role besides what I was able to obtain from the job description. Any info regarding average pay for Regional Consultants at GS and benefits is mostly the information I’m looking for. Thank you!

like

Does anyone know of anything I could apply for at other companies/positions with my skill set? I’m a Case Manager for TZ Insurance, aka Tranzact. I review new applications with clients. I don’t want to be a sales agent, though I have a Health/Life Insurance License in my state (& a few others). I’m sick of dealing with all the 65+ & disabled people who are always irate & impatient, inside the “Medicare” area of Health Insurance. They underpay me also. Thanks! Stay blessed everyone!

like

Anyone work at Fidelity, blackrock, or any other firm and can tell me about their experience? What did you like what didn't you like and how was the pay/benefits? Thinking about leaving current company.

like

Is there a good resource to benchmark ria salary/benefits? I have about 8+ years of ria experience with about 3 of those as lead advisor. I think I might be underpaid. I have seen some general salary bands but looking for something I can use to help understand where I should be.

like

Any feedback from JPM Private Client Advisors here? WLB, comp structure, benefits, products offered to clients.

Have a few friends who took roles recently and they are raving about it but have only been there for a few months. Thinking about making a move. Thanks for any input

like

Any recommendations for which 529 plan to choose?
I am a NJ resident and we have no tax benefits.

like

I’m currently a Account Exec. with 2.5 years of experience and our whole book is company 401k plans. We help manage 80 plans with a $250 million in assets. I have my securities license and am on track to becoming an advisor myself in the next year or so. Since my position is fairly niche it is hard to find what the going compensation rate is for my position, does anybody have any experience with managing CSA’s in a similar role?

like

What's the most effective way for a small RIA to recruit FAs who have a few years experience, want to break away from large/corporate firms? I'm a $70M fee-only (commissions for insurance) independent RIA with a generous comp schedule that enables FAs to own their own book while they grow. As the owner, my focus is to help FAs succeed; as a firm, our focus is on client service and helping them succeed. I can afford a small salary, but not benefits. I'm especially interested in female FAs.

like

Client has old 401k we are trying to find & it’s been a struggle. Old employer is out of biz, Voya doesn’t have enough info to tell is where it is - just that act closed. Any suggestions? Continued..

like

I'm contemplating going independent, but health insurance has been a huge problem. I currently pay under $4k/yr in premiums for a fairly nice plan, a comparable ACA plan is $2k...a month! How are you handling health insurance out there?

like

We are in the process of consolidating accounts for a new client and moving them over to Charles Schwab where we custody - all straight forward stuff. The client has an old 401k from a previous employer and filled out the paperwork with that 401k to roll it to Schwab. So about $470k hit her Schwab account last week. And then exactly 7 days later, another $460k hits again. Both from the 401k custodian. But her account was only $470k. I think they messed up royally. Now what???

like

I work with small business retirement plans and the profitability of different companies is amazing to me.
I have a small dog food company and a local flower shop, each with 2 owners, who max out their 401k every year for both owners, plus 25% profit share.
Who knew there was that much money there?

like

What percentage of healthcare insurance premiums do you pay for your employees or what percentage does your employer pay for yours?

like

What’s the general guidance on the order to maximize retirement contributions for tax benefits for an normal individual and for a self employed/small business owner before moving to taxable accounts or alternate vehicles like cash value life policies?
I’ve seen for individual: match trad 401k->match roth 401k->max roth IRA->max trad IRA->max trad 401k->max roth 401k->max HSA
For self employed: max SEP IRA/solo 401k->max roth IRA->max trad IRA->max HSA

Of course situations differ but in general?

like

Related Posts

Am I able to move all my 401k and ESPP all into one platform? This includes 401k and ESPP for my previous company as well. Or would I have to work with a financial advisor?

like

Anyone here know anything about Unify Consulting? They reached about looking for senior roles to build their National Healthcare and Life Science vertical.

What happens to Wealth Builder money and 401K money after you leave the firm?

like

Am I investing too little? 11% 401k, 2% Roth and 2% ESPP. ~50% of my aftertax income is wrapped up in non-negotiable expenses but seeing analysts invest WAY more 401k and up to 15% ESPP

like

I have an RN friend, cardiatric surgery with 5 YOE, interested in leaving nursing and wants to explore healthcare consulting. Any advice from HC consultants? What level does an RN typically join as? What services / types of consulting would likely be best?

like

Have a friend who is a dentist with a masters in health administration. Fresh out of graduate school. He really wants to get into healthcare consulting. Will a firm even consider him (contd.)

like

Any recommendations for a headhunter? Particularly one in or familiar with the Washington, DC area and healthcare consulting?

like

I’ve been switching between freelance and staff for 10 years. During that time, salaries have gone down, but freelance has gone up. With NYC laws now requiring healthcare, prompt payment, and (cont)

like

Better to specialize in a single specific industry (example: healthcare billing past 8 years) or to broaden horizons and gain experience in other industry’s/applications? Long term career Pros/Cons?

like

How to move from healthcare consulting (analyst level) to PE shop focused on healthcare?

like

I received a verbal offer for a senior consultant position with Deloitte’s Risk and Financial Advisory for GPS but was also told that the position would be tied to a USDC. I am based in the DC area and was told that I could be hired to a delivery center during the interview process since they are remote. Is anyone else in a similar situation? Would I receive Deloitte advisory benefits or the USDC benefits?

like

Curious what matters:

Currently making 50 base at large consulting firm in Tier 3 city. Expecting an offer at a Boutique in NYC (Tier 1) to be close to 95/100 base.

I am excited for almost double what I am making now but am afraid of the negatives: Have to start all over in terms of connections, benefits may not be as great (phone was paid by company), lots of expectations and responsibilities that I am afraid I am not capable of handling.

Positives are obv pay, location, projects

like

better in terms of pay, benefits... D or Pedubs? tech consulting/implementation. M3

like

What’s your 401k match at your company? Accenture does 6% after a year

likehelpfulfunny

PwC what’s your favourite perks/benefits as a full time consultant. I am joining as a SM

like

KPMG MDs: A few q for you: 1) What was your %raise when promoted from D. or Sr. D. to MD? 2) What special retirement benefits (pension/401k contributions changes) do MDs get vs. Director? 3) Is there a post-retirement health care benefit?

like

What is everyone’s opinion on saving to purchase real estate for investment purchases? For example, I don’t max out my 401k and HSA, but rather stack more for real estate now. My thought process is I can start living off that cash flow earlier then waiting until 65+ to tap into my 401k. I am 31 and would like to be done working a w2 job by 40.

like

What's your ideal investment strategy? Do you do real-estate? I'm doing max 401k, Backdoor Roth, hsa, and personal brokerage, all index funds, no real estate. Feels like I could be doing more

like

Alvarez & Marsal What is the maternity leave policy (weeks, service length to qualify, etc) and what are the fertility benefits in North America?

like

Complete shot in the dark BUT

Does anyone have a key to Gramercy Park that would be willing to let my fiancé and I inside for 10 min next Friday afternoon? We are getting married and wanted to take some pics in the park. More than happy to provide appropriate reimbursement (champagne, dinner on me, etc)

like

Additional Posts

I’m thinking of joining Freshworks as a Solutions engineer with 2 YOE. How much compensation is fair and reasonable to ask. This is my first time switching and negotiating the salary

like

Hi,

As per HR she informed me in call my Fixed LPA would be 9.2 LPA nd variable pay would be 1.8 LPA so total package is 11 LPA.
When I got offer I can see fixed is 9.2 ut
varible.pay is min and Max 0 per ..and Total LPA is 9.2 as per offer..

What should I do now ,I already accepted the offer..should I ask her ??

like

Look Up Table For Country Attributes For Rules Defaulting

#SAP #SuccessFactors #HXM #NationalID #CountrySpecifics #BusinessRules #didyouknow

Post Photo
like

Is it easy to get pigeonholed into doing ServiceNow work once I agree to get trained in it for my firm's practice? I think it'll be great learning a new skill, but don't want it to be a forever thing.

like

What's the biggest challenge when you transition from audit to corporate accounting aside from dealing with auditors

like

Creamy Corn Chowder

Post Photo
likeuplifting
like

Any tips on breaking down a model in excel? Do you just start from the output and follow formulas backwards?

like

For Kellogg’s Video essay: do you get the exact questions on the website? If yes, why do they give you 20 seconds to think about an answer? If no, how do they differ?

like

Looking for remote job opportunity
Mobile UI UX Designer

like

Who from Deloitte is watching Michelle?!

like

Deloitte people, for god’s sake speak out the full helpline number instead of 2222. Those who joined recently are tired of hearing this.

Kind Regards,

A new joiner _/\_

like

Are any of the firms hiring for part time/primarily remote tax professionals? Is anyone aware of industry positions like this? I moved to industry a year ago but am realizing I’d really like to be 20-25 hours per week and WFH as frequently as possible. 10 years experience in primarily federal income tax/asc 740

like

Hey guys Am looking to apply to BCG for the tech/digital strategy. Would love some advice on the best way to go about it. I am currently trying to get a referral via LinkedIn.

like

Anyone lost their CDC vaccination card? I’m traveling soon and although I have a scanned copy of it, I’m worried I might get asked about the tangible card. The other complication is that my first two vaccines were in one state and my most recent booster was in another. Has anyone been in a similar dilemma?

like

How many leaves can we take in notice period?

like

Hi, I've 12.5 yoe in various domain and currently working at TCL as an Assistant manager for project management.. my current CTC is 7.1 lac.. I know it way less.. can someone suggest how much I can expect if I get an offer from any company.. in addition I am six Sigma Black belt certified.. pls suggest...

like

Hi I was wondering if anyone has transitioned from Auto Claims to Property Claims? If so how was it would you recommend it. Looking to grow my claims knowledge. Thanks in advance.

like
That was just a preview…
Sign Up to see all discussions
  • Discover what it’s like to work at companies from real professionals
  • Get candid advice from people in your field in a safe space
  • Chat and network with other professionals in your field
Sign up in seconds to unlock all discussions on Fishbowl.

Already a user?
Login here

Share

Embed this post

Copy and paste embed code on your site

Preview

Download the Fishbowl app

Sign up for free to view this conversation on Fishbowl

By continuing you agree to Terms of Use and Privacy Policy.