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Your personal credit score would/should(?) have nothing to do with your employment unless you were bankrupt
Advisors with poor credit are more of a liability to their firm and get supervised more closely as a result. I’ve never seen it be someone with great credit who exploited their position of trust.
Chief
Some smaller companies have run a credit check or asked me to be bonded when I was running an entire branch or the company #2. Both instances for small companies. At larger companies credit checks/bonding hasn’t come up
Some credit unions will deny employment based on credit score for sure.
We get ours pulled every other year. It can affect promotion potential and the advisors with shitty credit are more likely to be on heightened supervision because they’re at higher risk of getting desperate and screwing clients over.
Having major negative items on your credit report (collections/repossessions, bankruptcy, etc) can definitely affect your job prospects.
It happens. In my opinion it's definitely better to have a good credit score when applying for a job in finance. You wouldn't eat food that the chef doesn't;t eat himself would you? That's the same thing with not trusting someone in finance who can't take care of his own finances.