I am a bit of a nerd and slightly OCD. I started receiving emails when I got over 500 contacts on Linkedin and posted my financial resume on monster. I don't exactly know what I was hoping for, but I started receiving recruitment messages from places like Ameriprise.
As is my way, I launched into full nerd mode and started researching the company. I am still in that phase now. It has only been 2 days. The person that called me, assured me that everything that was written in the recruitment email was correct:
- they pay a base salary while you study
- they pay for your series 7 and 66
This sounds fantastic right now, because I am living off of my savings and what little i get from my internet business [next to nothing] But then I got the bright idea to look around, at other similar companies. This info seems to be buried deep on the interwebs, as no one person will ever give more than a cursory, "don't go with company XYZ because they are terrible." [not very helpful] [if you could suggest other companies that would help]
I am studying for the CFA. I will be taking it this December. I was not really focused on FP, but it seems in the same ballpark? While as an analyst, I wouldn't be required to sell anything, I am no stranger to selling, being as I have had several small time jobs in retail, always being named cog fo the month, by whatever store. [but i'm not bitter at having had those jobs] [no, definitely not bitter.] I even did door to door at one point [make that 2 points, or even 3] [this was before the Bush administration, and people actually could afford to keep the wife at home]
Anyway, there's a question here somewhere.
Is a FP beneath me? Since I'm studying for my CFA, it seems a step down, no? My end goal is CFO / portfolio manager, not insurance salesman. [now, I ONLY say this, because a guy posted with my same qualifications posted a similar question on a forum and everyone told him to go live with the beautiful people on wallstree.]
However, that being said, I need an "approved job", in an advisory position as one of the qualifications to GET my CFA, and have it for 4 years. So then the question is, if the answer if FP is not where I should be, how the heck do I break into finance? Literally, I belong to no less than 5 study groups and all 600 people keep asking that very question. [it's like a catch 22, to get a CFA you have to be in finance. to get in a good finance job, you should have a CFA.]