Career questions

[FISCAL]

Hello all, I would like to know what you guys think of the dilemma I am right now. I currently work in retail as a SM I make decent money, I have been doing since I got out of college in 2010. I just got hired as a personal banker for a large bank, I know its an sales entry level job, however, I mainly want to get my foot in the door. My ideal goal would be to become a financial advisor. I just feel stuck where currently work, especially because I turned down a District manager position in another state.

My question is: do you think is a good idea to start off as a personal banker? Any thoughts of what could be a good career path in order to land a position within the field of investment/finance.


Any FA want to share their thoughts about the industry or the job itself?

Thank you!

[(Batman]

Continue working as is...

Check out a company called Primerica

Find a local branch and contact someone.

It will seem wierd and unrealistic.

Research the company, they're real, honest, they help people, and you can make a lot of money on the side.

They literally train you how to become a financial advisor

[FISCAL]

Thanks for your response Batman! Ill def check them out. Have you used their services?

[Diamond Dave]

My question is: do you think is a good idea to start off as a personal banker? Any thoughts of what could be a good career path in order to land a position within the field of investment/finance.

The good things in life take time and hard work. I'd never wish working in Retail on anyone, but apparently there are people that like working on Holidays, coming in on the weekends when some lazy $9/hr clerk calls in sick, being on call and getting called by the alarm company at 12:20AM because the closing monkeys forgot to set the alarm, etc.

[(Batman]

I used to work for them actually. That's why i can tell you that they are a good company.

They will put you through the proper classes/training. You will have an advisor through the entire process.

The good thing is that if you catch on and are good with people, you can make a lot of side cash until you're ready to do it full time.

Good Luck

[sortadelux]

The good things in life take time and hard work. I'd never wish working in Retail on anyone, but apparently there are people that like working on Holidays, coming in on the weekends when some lazy $9/hr clerk calls in sick, being on call and getting called by the alarm company at 12:20AM because the closing monkeys forgot to set the alarm, etc.

It takes a special kind of stupid, that is true. I also know quite a few who have turned that stupid into some disposable income.

[jnm2.0t]

If you value a possible future in the finance industry then run, do not walk, from Primerica... few if any firms are regarded lower. The concept of learning the business on the side with little to no background is a total joke. They train you how to be a salesperson, that's it. Sure you can make some income but that does not mean you know and understand the business, all it means is you managed to get someone to sign on the dotted line and got past the reversal date. They're not the only one in this sort of game, there are many others like them.

Think of it this way... passing the bar exam is regarded as quite difficult after having studied law for years. Despite this there are still a lot of shady, ****ty lawyers out there. In personal finance the 'bar' you need to pass is a series of short tests that you need a remarkably low score on and zero background in finance or a similar field. I would wager money that anyone reading this could pass the tests if they wanted to. Now think back to all the shady ****ty lawyers that passed the bar exam. Turn that bar exam into the equivalent of the financial world, i.e. zero background needed and easy tests, and think of how awful it would be. That, in essence, is what the personal finance industry actually is.

[(Batman]

You talk a lot for someone who obviously knows nothing about the world of Financial Services.

There are numerous highly regarded publications that have described Primerica has the savor of the common hard working blue collar citizen.

You can't find another company that will fight harder to do the right thing for their clients, and many of their services are free or close to it. You can't name any other company that only offers Term Loans, and Term Life Insurance because any other type of insurance is a money trap. Nor would you understand the truth behind that statement if you weren't properly educated.

There is a reason other companies launch multi-million dollar compaigns against Primerica... Primerica threathens their business, and with good reason.

Nor would anyone here obtain a Life Agent Licence without the proper training. There is a reason people outsource their finances to financial advisers....

Sorry FISCAL for doing this... to your thread.

Always take the advice you obtain here with a grain of salt. Not everyone knows what they're talking about.

Do what feels right.

Good Luck Buddy

[jnm2.0t]

You talk a lot for someone who obviously knows nothing about the world of Financial Services.

Go on...