Quote:
Originally Posted by KoPuTT  Correct me if I am wrong but as far as I have gathered these are types of jobs are straight commission.
Do you know of any firms that have a base salary + commission structure?
I am looking into two major firms sunlife and Investors group at the moment. I believe they make you sign a contract... |
Unless you plan on getting your CFP, there are limited choices in terms of salary/base pay. I think Edward Jones has a compensation system where they pay for your classes and also start you off with a base pay job however in the long run I am not so sure they are the best choice as their commission structure is less that favorable compared to other firms.
Most of the decent jobs in brokerage houses are going to be commission based.
Not to sound like an asshole but it's a very demanding industry. As mentioned, the burnout rate is unreal. Most of the people who do it fail at it. You also need to decide if you're going to be a planner or a broker.
It sounds like you might be in need of a bit of job shadowing. The investment world pays very well to those who do well but it's a bitch to get there. I worked as a planner and was lucky enough to stay in the industry while moving to a different roll to make the big money.
I'm one of very few and I admit most of it was just being at the right place at the right time.
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