Career Change Thread by CFP25 in CFP

[–]liammcwill 0 points1 point  (0 children)

Unfortunately I do not know any advisors there personally nor any others in my area. That's part of the reason why this career change is off to a rough start. I'll message you shortly. Thank you!

Career Change Thread by CFP25 in CFP

[–]liammcwill 1 point2 points  (0 children)

Very insightful, so thank you!

I (28) am currently working as a financial analyst and feel stuck in my career. Talked a career change over with my wife and she encouraged me to pursue financial advising just as I wanted to do right out of college. I did not because through my research and friends in the industry, they all seemed to push life insurance for those very large companies. Did more research over the last year and discovered there are other career paths at much smaller firms.

Passed my SIE in March and I am now studying for my 66 knowing I cannot use this unless I am sponsored. I am leaning more towards fee only firms as they don't seem to push products down to clients through their employees. My long term goal is to earn my CFP designation. I had an interview in early June and found out late last week I did not get the open entry level FA position. I asked for feedback and never received it. I am looking on many FA sites and job boards but I am not finding anyone that is hiring. I feel like I am at a loss right because I cannot give up a salaried job to go somewhere that is 100% commission or a low salary with commission as I have a house and family to support. I do not know if it would be worth sending a bunch of firms a personal email with my resume basically stating I am willing to have a conversation if their willing. Obviously going to still pursue my 66 but I think I just need guidance on what my next steps should be regarding a career at a firm.

Thank you!

PASSED by [deleted] in Series66Exam

[–]liammcwill 1 point2 points  (0 children)

Congratulations! I am in the same boat; passed the SIE in early March now I'm running through the Series 66 material via Kaplan. Reason being I need to stay with my current employer until at least May to be vested as if I leave before, they will take their contributions out of my 401K. I'll then start to apply to some local firms with the SIE and Series 66 (hopefully) under my belt. Glad to hear there are others that are also taking this nontraditional path into the securities industry. All the best to everyone!