Potential Advisor

I am a career changer looking to get into the advising world with a background in the auto industry.

Currently researching the best way to break into the business.  Leaning towards Edward Jones for all their training and support initially, but also curious about going independent. 

Welcome.
There may. Be 2-3 better places to start but certainly multitudes of worse places. Welcome!

Iamlegend wrote: Welcome. There may. Be 2-3 better places to start but certainly multitudes of worse places. Welcome!

I assume you mean WFA, meh. Where else besides those 2 other than getting lucky and having an Indy hue u a salary or Indy and have already a sizable savings? Which even then I say EJ or WFA is better for training and having a brand to start.

Or were you talking about f he wanted to be more insurance or p&c based?

Edited by under_complicated - Jul/07/2012 at 5:57pm

nest wrote: I am a career changer looking to get into the advising world with a background in the auto industry. Currently researching the best way to break into the business.  Leaning towards Edward Jones for all their training and support initially, but also curious about going independent.

Welcome, since you aren't licensed I am putting you into the "unlicensed" group - which means your access to this site will be partially restricted.  PM me when you get your licenses.

Some advice from an advisor who was just looking for a new home:
Talk to every single place that you'd be willing to commute to. You can find a gem almost by accident.
I think it's more about the branch and the people than the firm.

Insurance can be a good place to start; I did. It's easy, turn key. Usually tons of support. You can learn the ropes in an afternoon. Quick money. My only mistake is that I didn't leave THE SECOND I knew I wanted to be independent.

My advice, start at the place you feel has the best mentors. Then, if you don't want to be there for ever, as soon as your ready, don't delay!!

Welcome. EDJ is a great firm to start as the training and support will equip you with the tools necessary to build a book of business.

EJ is not bad firm.  What I like is that they understand grassroots marketing (gorilla style).  Going through the uneasy paces might be good for you. Whether you will stay with the firm is another story.  That decision needs to be made before you build too much of a book of business.  I chose independent, but that is not for everyone.

nest wrote: Bored during a conference call…I typed “A” I my browser and it auto filled advisorheads. It was like seeing an old college girl friend. Still hot, but in a different kind of way.  I forgot how welcome a distraction you guys are. Really missed reading about EJ. Think I might stick around a bit now that I’m more of a mid career time waster instead of a knuckle dragger.  Left EJ right before Covid hit. Currently a branch manager with another firm.

Yes producing. 80% Advisor 20% manager duties. More a title than anything. Accountability partner and HR stuff. 

How many Assets did you take with you from EDJ?