I have an offer from Wells Fargo for the financial advisor training program and was wondering if any one had experiences with the program and what to expect. I am coming in licensed with Series 7, 63 and Life and Health. It seems like a great training program and they pay on any size account but the managing director made it seem like the whole goal was to put clients into their advisory platform. I would like to know can you actually manage individual client portfolios with stocks, bonds, and hedge risk with options.
My background includes one year as a broker trainee at a small investment firm, selling stocks and private placements. Cold calling was the primary method of cold calling and it was based on the Lehman Brothers cold calling system. Got plenty of leads and opened accounts.
Last two years I was working as a research analyst for two financial advisors and helped them manage the portfolios. So I know how to value and analyze securities.