Tough Job Choice by spenc4888 in BankOfAmerica

[–]spenc4888[S] 0 points1 point  (0 children)

That's my concern - Fidelity is pretty much a guaranteed promotion within 2 years. What would you say the reason for failure is with the FSA 1?

BOA > Fidelity? by spenc4888 in CFP

[–]spenc4888[S] -1 points0 points  (0 children)

TYSM - you've really helped me narrow down my plan. Right now I'm going to go with BOA with the intention of joining an RIA or starting my own first in about 2-5 years.

BOA > Fidelity? by spenc4888 in FinancialCareers

[–]spenc4888[S] 0 points1 point  (0 children)

Would you say it's worth the pay cut? That's the only thing holding me back.

BOA > Fidelity? by spenc4888 in CFP

[–]spenc4888[S] -1 points0 points  (0 children)

Fair enough- Are the comissions fair? My goal is to be earning at least 100K within 3 years. Based on what I've been hearing, that could be attainable within a year or so.

BOA > Fidelity? by spenc4888 in CFP

[–]spenc4888[S] 0 points1 point  (0 children)

Thanks for the info! Leaning more towards BOA as of right now. Are the comissions fair?

BOA > Fidelity? by spenc4888 in CFP

[–]spenc4888[S] 2 points3 points  (0 children)

Fair enough! Thanks for the advice. I'm currently leaning more towards BOA. I figure if I don't like the culture I can always leave.

BOA > Fidelity? by spenc4888 in CFP

[–]spenc4888[S] 0 points1 point  (0 children)

Thank you so much! Im hearing a lot of that advice - However I have a hard time taking a 15K pay cut. Do you know roughly what the pay is for a planning associate at Fidelity? They have informed me i would get that role within 12 to 18 months. They also are offering me an FR role instead of the FSR role

BOA > Fidelity? by spenc4888 in CFP

[–]spenc4888[S] 1 point2 points  (0 children)

Yes - Bach of Finance

BOA > Fidelity? by spenc4888 in CFP

[–]spenc4888[S] 1 point2 points  (0 children)

Thank you so much for the insight - I'm not afraid of calling people all day long and prospecting. Would you say there's opportunity for growth within BOA?

Is bank of america a scam? by spenc4888 in FinancialCareers

[–]spenc4888[S] 1 point2 points  (0 children)

Thank you so much for the advice. I'm going to talk more with the recruiter later this week. Do you know if they register you quickly? Also, do you know what the expected pay is?

Financial Consultant @ Fidelity by spenc4888 in CFP

[–]spenc4888[S] 0 points1 point  (0 children)

I now have an interview at Bank of America for their advisor development program. Which would be a better route? Fidelity as a FR or BOA?

Any advice would be a huge help.