How's everyone doing? Im a Private Banker, doing my homework to become an advisor. But I might not take the bank road. I spoke to EJ and PRU. Will you give me an advise on where should I start???

Posting as :
works at
You are currently posting as works at

Depends on what kind of person you are. If you are extremely organized and motivated with a tech head and processes in place, you may want to try an independent shop or go RIA. If you foresee needing some structure and support, help with technology and compliance to be sure you keep your nose clean, then Pru or EJ is probably best. If you don’t already have an idea of clients and assets, you may want to consider a bank advisor like Chase Wealth Mgmt or a smaller bank. I would talk with several (bank, wire, Indy, RIA) and find out how they support their FA’s and which you feel fits you best You would do well to talk with some aging FA’s about partnering for awhile and then taking over their business and working out a sunset deal.

like

What state are you in?

like

NY

like

I would look at Mutual of Omaha they have been around almost 100 years set you up for success with a guarantee while you build your book of business. Also they are non captive so you can offer whatever is best for your clients and also their is not limit on renewals you get renewals as long as you service that client.

Join an independent BD - RIA. There are more opportunities all around. EJ, good reputation, small town feel and personalization reflected in smaller communities and less so in major cities. PRU - likely trains you to be a product pusher rather than a program designer with holistic wealth management solutions.

Related Posts

Do you feel like less priveleged folks at your company get more opportunities?

like

If I got a manager for employment claims’ position is it hard to pivot to an associate counsel role etc? What do you think the main difference between the two are? Is it a good position for a stepping stone to in house counsel?

like

I’m currently a bankruptcy paralegal. Not sure I want to stay in bankruptcy forever. I’ve heard it can be really hard to change practice types and break into a new area of law. Anyone have experience or tips/advice on doing so?

like
like

I am currently working as a telecom consultant. What should I be learning if I want to get better job opportunities in better companies.

like

Is there anyone who became an architect without experience as software engineer? I currently work as solutions analyst and my goal is to be a solutions architect. Is it possible without having software engineering experience?

like

FTI 🐠: What’s the promotion like there? How are evaluated outside of client work? Do you have required firm initiatives?

Or is client work the only thing that matters at year end?

like

Which is a better specialization option within consulting? Commercial Operations (sales & marketing) vs. R&D Strategy in Biotech? Would the answer be different if it was focused within Pharma? No Ph.D.

like

Hi friends,
What is the minimum criteria for IJP at KGS and how much is it feasible?
Will it be better to look outside or go with IJP?

Currently work in-house for a luxury house of fashion brands in NYC and want to make a move to a law firm focused on media, entertainment, technology. I currently handle commercial transactions in the marketing/advertising space (e.g., production, talent, licensing agreements). What firms would you recommend that I target? I am open to all sizes so long as the firm is highly rated and reputable.

like

Need some guidance. Here is my situation:
1. Just transferred to big 4 FDD as snr from big4 audit (~a month ago, with no deal yet under my belt)
2. Studying for fmva certification
3. 1+ year plan is to take the GMAT & apply to ivy league mba program. Planning to break into IB and then PE later.
4. Got approach recently by a recruiter from Houlihan Lokey (HL) for an associate position in the Midwest. Comp range 120k -130k. I make about 100k now.
- Is the move going to be worth it? what'd you do

like

Are there any scholarship opportunities or aid available to students taking the PMP? My university does not have any and I’m interested in taking the exam. TIA

I am thinking of doing Executive MBA from IIM L which is an online 9 month course.
Anybody has any idea about whether tcs recognises such course? if yes, do they give any hike after completion?

like

Nursing is the only job I've had where I've wanted to quit every week. I always come back to it.

like

Has anyone successfully transitioned to product manager roles from SAP/ERP consulting to faangmula? How was your preparation?

like

I am currently working as an implementation manager/client onboarding role. I want to switch to program management or product management. What would be the right way to go about it?

like

Any advice for a young engineer trying to land their very first job out of college?

likesmart

Anyone have experience in raising capital out of the Middle East (Jordan, Kuwait, SA)? Any experience in delivering solutions in that area? I am trying to figure out if a pursuit in that area is to much of a risk. Any insight is appreciated.

like

Hi everyone Kindly let me know which is the best out of these two
YOE: 11
HCL -- 32(includes everything)
Publicis Sapient -- 33
Heard lot of firing in PS and about WLB.
Need company which has better WLB, job security and growth

like

Hi Fishes, I am bit confused to pick the role in KPMG lighthouse as Sr Cloud Data architect or Saama technology as a Project lead. Money wise it is not a big difference. In KPMG I will work with partner where as in saama I will work with project/program manager. Please suggest your opinion. Saama KPMG KPMG India

like

More Posts

Any tips for best places to search for estate planning jobs? LinkedIn, other places? I’ll likely need to leave my current associate EP attorney position at a small firm in CA to move to WA (Seattle area) due to my spouse’s new dream job. Nervous about the transition to new state’s law, plus the job search. Wondering if I should broaden my search to other areas of law. Any tips would be greatly appreciated!

Is the PGDM course from UpGrad good for moving forward in the data science domain. ? Please help me as I’m thinking of pursuing something alongside work as I cannot leave my work due to financial condition. I wanna excel forward in this domain. Currently having 2.5 YoE in data science and analytics.

like

Hi, I am living in pg near gtp office whose rent is very high. So searching for a single sharing room in a 2bhk flat or in a good pg with decent rent. So is there anyone searching for female roommate near gtp Kormangala or do anyone living in good pg with decent rent. Please DM me. Also searching for some North indian friends to hang out.

like

One more week! Roll Call: Where y'all gunna be next weekend?
Horse Meat Disco, Pride Island, and We Party here

Also, who's already taken off Monday? 😜

like

Gay/Bi men looking for virtual fun rn?

like

I’ve seen this rant a lot so I know we all have that one partner—but for the love of god can you just forward me the emails when you get it?? I see you got this urgent request over 10 days ago 🙄🙄🙄🙄🙄

likefunny

Anyone work in PwC Strategy& ‘s Healthcare Tech Strategy or HIA Advocacy Transformation areas? Would love to get more insights on the culture!

like

Just joined Deloitte India. Worst on boarding ever. The people were like robots, reading scripted matter. Seriously it was a pathetic experience. Esp Mumbai Talent team people unable to take queries even gave false information about leave policy. Deloitte Deloitte India Deloitte USI

like
like

Hey guys. What are some of your favorite software/systems for customer relations and project management????

like

What's the status about Kolkata office functioning? When what how? Can anyone give brief

like

Starting a staffing company, suggest some name for it. Most liked one will be selected.

like

Anyone In marketing at PwC willing to private message with me about culture? Interviewing for a director position. Also, do they do sign on bonuses? Thx.

like

Thoughts??
Also, what do you prefer WFH or WFO?

Post Photo
like

Hi All,

One of my friend got interviewed in Deloitte and she was asked to rethink her salary ask in the HR round. She reduced it to 1L less than initial ask. Now the status is in benchmarking approval. What does that mean ? Will they release the offer letter ?

like

Hey fishes. Just got a mail from Deloitte that the lease for my Laptop has expired and I have to visit the nearest Deloitte office to replace it. My base location is in Gurgaon but my nearest office is in Kolkata and currently I am at my home. Can I get it replaced from Kolkata office? And what is the general time frame for replacement. Can I visit after an week or so?

like

Anyone develop buyer personas for a digital agency before? Custom software, digital transformation, strategy consulting, creative, etc. What resources did you leverage?

Google How long does it take google to release offer letter after onsite interviews? How soon can one join after accepting offer letter?

like

Hello Fishes, I have an upcoming interview with Google for the post - Software Engineer, Back End. Could somebody help me out of what type of questions are expected in the first / second round? Google Google operations centre

like

Would your judge blame you for higher court reversing his opinion if he handed you the research and told you what to write? Should he?

like

Additional Posts in Leap to Independence (True Hybrid)

I'm leaving a bank to go to a hybrid I know that outside of that not sure who to call any input?

likesmart

Anybody have series 24 study materials???

Looking for adding a junior advisor with 20-50mm AUM to become eventual partner if the right person and merge into a larger $130mm firm in Atlanta, GA or in Southeast.
Call 678994-6448 ask for James

like

I'm leaving an insurance bd. Confused as to whether I create IRA and partner w BD as hybrid, or join indie bd for hybrid . Payouts net of fees/grid similar from what I've seen. Help!!

likehelpful

Share your story, and why you’ve chosen to work with your firm or custodian here. So many BD’s force their clients onto expensive platforms. Raise awareness and help reduce client fees.

Is Commonwealth good as advertised??
It just seems to good to be true. ( all the top ratings in JD Power etc)
Edward Jones also has excellent J.D. Power scores but we definitely have issues.........

I’m looking to add an insurance rep to my team. My practice is located in the Dallas-Fort Worth metroplex. Based on productivity, this position would likely grow into a salaried financial advisor role within our practice. 

like

DOL, fee compression, and the top down push by advisory firms to have their advisors stop managing money and focus more on attracting and retaining clients pushed/pulled my career into Fintech

like

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
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

See what’s happening in your industry
from the palm of your hand.

A phone with Fishbowl app

Scan your QR code to download
Fishbowl app on your mobile

Download app

Sign up for free to view this conversation on Fishbowl

By continuing you agree to Terms of Use and Privacy Policy

Already have an account? Log in

Sign up for free to continue using Fishbowl

By continuing you agree to Terms of Use(New) and Privacy Policy(New)
Messaging rates may apply

Already have an account? Log in

For account settings, visit Fishbowl on Desktop Browser or

General

Legal