I am a licensed private banker in the Pittsburgh area- series 6/63. 34 yrs old, changed careers 2.5 years ago. I would like to eventually move into an FA role. I am curious to hear if there are firms or banks in the area or surrounding areas that hire associates to partner with experienced FAs that eventually go on to build their own book of business. I am a fast learner, not afraid to work hard. I've heard of banks that support these partnerships but do not see many job postings.

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

Any other career path recommendations would be sincerely appreciated!

likeuplifting

Look into family office or multifamily office opportunities

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First off you should find FOs near you by doing some research. Then peruse around their linkedIns — sometimes if you are clicking on the right places and you fit the bill they’ll reach out to you. They also work a lot with recruiters, so try to find a Headhunter that specializes in them.

helpful

Also some banks are currently offering ADP programs (advisor development programs). I know we have some at Chase And I am also seeing that Bank of America is also. Try to join one of those.

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This. Good place to start and they have a set base with no drop off.
Of course it won’t be YOUR book (rather the book your manage for the bank) but you can gain the experience while earning a decent living before making the switch to commission-only and having to generate your own book.

Disclosure- this is the path I decided to take, so.. biased.

I would start applying to firms with your experience. If you want more information, I’d be glad to zoom with you.

How are you a private banker but no series 7 and 65? Just variable annuities and mutual funds? Don’t put private banker on your resume, ppl look right through…

Thanks for the heads up

Check out places like fidelity or Schwab, where you don’t own the book. A difficult part is accumulating your own clients …

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