Quote:
Originally Posted by Tapioca
If you're any good at finance, you should be banking 70-80K by the time you're in your 30s. You shouldn't really look at average salaries - you should really look at what peers in your industry are making.
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haha ya well, ideally I will make about 70k + bonus + commission + benefits by 30.. but thats only if things go out as planned =P
When I say 50k + etc thats just a vague description of what I at least be making :P
Quote:
Originally Posted by iam_dan
i dont think its just RBC, ive heard the same from a peer who used to work at HSBC who quit because of the guilt of selling products that resulted in people's financial situations going to hell. you probably wont be able to avoid this, because you're going to have a quota to meet
the next time you drop by a bank, pick up all their pamphlets and see what products they sell. things like securities, bonds, mutual funds, resp, insurance and whatnot.
any licenses that you hold will be your asset into getting a position. CFP and CSCs are fantastic to have. if you plan on staying in the banking and investment world, it'll be a good idea to get them!
if you have personal conflicts about things like that, then maybe you should consider transferring into the financial management accounting option?
do you have any investments? it might be a wise idea to start up a portfolio if you dont. its a great time, too. there are many opportunities for high earnings right now.
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I dont have much investments atm.. probably wont start anything to soon because I want to do my research for a little while.. get myself more familiar with the overall picture before i start.
(but yes I plan to get CSC + CFP)
Quote:
Originally Posted by TheNewGirl
My Sis In Law works for TD and it's exactly the same there.
ALL the banks do this, it's how they make their money. Some banks their sales pitch is that they're not trying to sell you anything (the credit unions, coast capital) but this is part of how they sell things to you and the same pressures exist on staff.
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Thats a dooozy
.. Well there are a lot of positions within and around the bank.. Ill give this a shot.. hopefully can get some hands on experience within the next few years. After that ill just have to see from there :P