ITT: Any tips or advice for a high school senior aspiring to become a financial advisor?
>>1735034
Go to school.
Don't do hard drugs until you're financially stable, don't worry about getting laid, and never listen to anybody but your dad--that includes asking 4chan for advice.
Don't go into debt
To go a state school
The purpose of college is either skills or a job
Figure out who you want to advise.
Anyone with real money probably ran their own business. Who the fuck are you to tell them what to do with their money?
Grandmas and average people; sure they might listen to a BBA holder, but they won't pay very well.
IMO, most people fit in some basic categories, which means there are 'standard sets' of optimal investment decisions. It's only a matter of time until it gets automated.
Advisors are really only necessary in niche situations going forward: small businesses of various kinds will be harder to automate for than individuals or HOHs. However, to get hired by a small business, you'll need to know their industry, be it real estate, advertising, manufacturing, webdev, etc.
Get your finance degree, but also get involved with the line of business you'd like to advise for.
t. Graduated Finance two years ago.
1. Study business, economics, finance or accounting.
2. Do internships.
3. Don't mess up your life in various possible ways.
Do accountants make good money?
Work on sales, sales, sales. Know enough about business, economics, and accounting to bullshit the normal guy, but it's all about the hustle.
I've got my Series 7 and 66, and just got out of that life. It isn't fun kicking doors down after about the 4th year.
>>1735067
get laid unless you want to be fucking autistic.
>>1735286
only at the top end, otherwise it's just a typical white collar job
>>1735034
Career is shit, you'll be "advising" on a small amount of mutual funds your company owns or has an agreement with.
Go to any school you want, major in anything you want, but make sure you get part time jobs in sales in high school and college.
The ability to sell is more important than anything else. All the brokerage/money management firms care about is people who can bring in new assets.
Some fucker might have an MBA from Harvard, and he'll get a great Wall Street job, but if he can't sell, he won't last. Some scrappy fucker with a shit background, but great sales skills will always make the most money and have the highest degree of job security.
It is a shit industry - no matter how good you are, people don't fully appreciate you and bitch about the investment fees, returns are too low, "convince me not to sell and put it under the mattress for the 100th time" etc. Lots of money and fun, but a dirty fucking business. Rich families in Europe won't let their kids get into the business because it is so messy.
Regulations might get easier under Trump, but you still have arbitrary rules from unqualified government employees telling you that you are a scumbag.
>>1735542
I work at a brokerage, and I agree.
Everyone who interacted with clients were expected to sell. Even people who weren't in a typically non-sales role.