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I tutor for cfa if anyone needs help.
Has anyone taken the CAIA ? Any tips ?
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Sounds like you are exactly where I was just few months ago. I was also in Private Banking working a $1.6Bil book and jumping between lending/banking/investments, getting paid crumbs compared to the revenue I was generating. Made the shift to become a branch-based Advisor at JPM and couldn’t be happier. Clients are smaller but plentiful, workload is manageable and I feel like I’m really making an impact in my clients life especially for what concerns retirement planning. I had to take a pay cut initially but the base/draw is still decent while I’m building my book supported by bankers sourcing me with leads.
You have a VERY good salary with only a $1m book.
That is a horrendous payout then lol
Your salary is 175k and ur book is just 1mm? Plus you get a bonus?? The stress is just from the goals? Or are there other stress factors?
What are you doing marketing wise to bring on 20m yearly of new assets