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Anyone have thoughts about online MBA programs?
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If you’re into duping dumb people out of money then go for it. To me it’s in line with care salesman/realtor in terms of reputation.
Subject Expert
I had a financial planner tell me one time that he had put my kids’ ages and my income into his model and I needed to save 60% of my net monthly income in order to pay for college 🙄 I was making $200k at the time.
Are you good at sales?
Coach
Anyone with brains would pay for Fee Only services.
Subject Expert
I think most financial advisors like any other sales based role are seen as dubious characters with the sole aim/focus of maximizing fee income/commission. So they get a lot of bad publicity, and most folks are likely going to stay away from them. Your client base would most likely be high income earners with little time to manage their finances.
Just know that it’ll take a few years to both get experience and build up your book of business to what you’re expecting for salary. Hope you have a good mentor and team around you. It’s all about trust and (I hope) putting client interests first.