Was previously working as an advisor growing a nice book and left to move 18hrs away to be close to family. I was pregnant and desperate to take what would move us and now I’m a planner working for FAs and I’m making $130k. Was fine at first while I got thru pregnancy but now I’m not happy & regret accepting the job and pay. I’m supporting others who are making 3-4times my salary. I have 10 yrs experience and CFP, often more than FAs I’m helping. Ask for more $$ or start over being an FA?

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I think it depends on what’s making you unhappy: the salary, working for others who make so much more than you, working for others, the “others”? If you pinpoint what’s making you unhappy, it would be easier to identify what would make you happy.

If it bothers you to work for others, no amount of money will make you happy.

It would also help to know what kind of cushion you have to go it alone. Sounds like having your own book would be your preference, but with a little one, it might not be feasible to start your own. Or you might be able to find a firm that would give you both.

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Just curious, why didn’t you just stay an FA when you moved? It’s just another state to get registered in.

I was with an independent firm, very small, so didn’t have an option of staying there after moving, I tried because I truly loved it but it just didn’t make sense having all my clients 18 hrs away. Didn’t want to go to just any BD firm and start over as an FA, I have specific standards of the type of firm I want to represent if I’m an FA. This was the first position that came up that would pay relocation, a decent salary, and to be honest I wasn’t in the right head space at the time to be making such a decision, but for various reasons the move needed to happen, thus having to find something to support my family.

Where are you located?

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