Related Posts
Bowl Leader
Conversation Starter
Conversation Starter
More Posts
Hello all, I am currently working at EY India as a SCon in the risk advisory service line post my MBA. I have 2 offers in hand please suggest.
YOE - 2 years 9 months
PwC SDC - Senior Associate 1 - 17 LPA fixed plus 2.5L joining bonus woth 18 months lock in. Permanent wfh.
Deloitte India - Deputy Manager - 17LPA foxed no joining bonus. Chennai location.
Any suggestion would help. My joining dates are approaching faster.
How much hike % this year
Additional Posts in Financial Advisors
What is your go to watch in the office?
Anyone here in Santa Barbara CA?
Is it me or did they just scrap the DOL law?
New to Fishbowl?
Download the Fishbowl app to
unlock all discussions on Fishbowl.
unlock all discussions on Fishbowl.
When I didn’t need to check my bank account for the balance. Then I knew I was able to live my life on my terms. Sure, I’d look for big expenses, but when I first started it was tough and many a times I was counting penny’s until the next commission check came. Once I got to where I had a couple grand sitting there for the next pay day, I made it!
MP1, dead on. I think too many in this field are focused on the income. It's nice, but helping people is better. When the bills are paid, accounts funded, and money left, that is "made it." After that it's all gravy!
When my trails are enough that all my employees, bills, taxes, retirement savings and fun are covered.
I think $250k/yr net of expenses is the point at which I’d feel like I’ve made it.
I’m with MP1 and FA1. When I can stop checking my account balance every day., that’s when I’ve made it. Then I can help more people, write more donation checks
No doubt you’ve made it once you never check your bank account anymore. Took me until I had bought a home and had $100k in my savings account that I felt I never had to check my account balance anymore. But at 29 that has felt pretty great
The point of the question was to ask at what point you feel you’ve made it; of course it is when you don’t have to look at your bank account - but was that when you were making $100k, 200k, 600k? We can all be holy rollers here and talk about helping clients and giving but the question was geared toward an income level.
Tell you what, if you think “making it" is based on income level, successful people can’t help you.
But if you want numbers, I make over 7 figures. I felt I “made it” when I was making 50k. I became successful pretty close after the 50k.
Trying to get my first $1MM year this year. Even then, there is always someone with more production. Always another challenge. Always another opportunity to improve. Don’t think I ever will feel like I have “made it”.
100k was my goal. 8 years later I’m at 380+.
I’m thinking about going on my own and my goal again would be 100k
Why is it that most FAs care so little about money when all they do all day is manage money
Fa3, because good FAs know the secret. That is, money is relative. It’s a feeling. We all have clients from a wide range of net worth and their happiness isn’t based on the number of zeros, but if they can do what they want without worry. Good FAs are doing what they want without worry. Simple.
For me, it’s wasn’t Income so to speak. For me, it was when I had enough business coming In that I wasn’t panicking when the new month started. Also, once my AUM grew to a point where I could truly act as if I didn’t need someone’s business, which as we all know, is the easiest way to close the deal. It’s just hard to act like that when the persons account could mean the difference between eating ramen or steak that next month!