Day in The Life of a Financial Advisor in 2022 

Wow. Thank you!

I sure am! Hoping I can make a long career out of it (and maybe even a successful company).

Let’s go!! Congrats Carson. You’re going to crush it. (And thanks for watching)

How’s it going 8 months later?

How’s it been since then

Thanks for the feedback! Will do.

Thanks for watching! Glad to have you.

Hi, I'm 43 working on my retirement funds too What do you think is the best target for retirement?

@@John-ly8ky Personally I think 1m is the goal to overcome inflation and having them in an investment portfolio is a perfect plan. I'm halfway to my goal 😇

@Priest Lee yeah. Fees and commissions are factors to look at in search for financial advisers. There's financial experts out there who do not look at their fees but the impact and intrinsic value they bring along to you no matter how little you want to start. I'm glad I had one guide me start my financial journey

@Christabel I work with Rachel Blanc, her services are cost effective and very efficient. I recommend her to anyone, anytime any day. she's really great You can do your own due diligence

Any way to reach Rachel?

Thanks for stopping by!

Happy to have you Jay!

Thanks for the feedback Cole! Glad you're finding these helpful.

My man!! Thanks for watching again. Glad you got to see it. He and I have tossed around the idea of doing a podcast while I get my haircut lol. Our talks are dialed.

Thank you John!

LFG!

Amazing video,A friend of mine referred me to a financial adviser sometime ago and we got talking about investment and money. I started investing with $110k and in the first 2 months , my portfolio was reading $294,800. Crazy right!, I decided to reinvest my profit and gets more interesting. For over a year we have been working together making consistent profit just bought my second home 2 weeks ago and care for my family.

Love it! Best of luck Jamal!

Thanks Spencer!! Depends what you're optimizing for: Freedom or Security? Does your mind beat itself up more when you're forced into someone else's schedule, requirements and deadlines OR when you're not in control of your own progress and success? Going with a more experienced advisor is trading Freedom for Security. It will be much more stable, but you'll be sacrificing the ability to progress at the rate of your choosing and your ability to work on your own schedule. Building up your own book from scratch trades Security for Freedom. The first little bit will be extremely difficult and volatile. But you'll be able to go at your own pace, set your own schedule and 4-5 years down the road be the captain of your own ship. The second was better for me, but I completely respect the first option too. Everyone values different things.

Thanks Terry!

Thank you!

Awesome! You got this!

How’s it going man? Looking into finance industry for school and considering. Genuinely hope it’s going great!

Thank you Robert!!

Hey Lee - first of all “Haven**” lol! Secondly, we’re all full for positions right now but feel free to check back later. There’s a “for advisors” section on our site where you can apply.

@@JoshOlfertCFP Thank you for your answer! I’ll go to check it then, and sorry for the small mistake haha

Its the opposite! I'm patiently waiting for my 30s for business to really boom. Typically most advisors find 80-90% of their clients are +/-10 years of their age. So when I started out my range was 9 years old to 29 years old. If your starting range is 20-40 that's much more feasible. I know many people who only started in their late 40s or 50s and still found massive success.

A large portion of our viewers are! Its difficult to create videos that cater to both at once.

Awesome!! Glad you got some value out of it Troy.

Hey Eric! Yes. CSI is typically the industry standard up here in Canada. Starting with CSC is never a bad bet. However, more of your success will come from your ability to built a clientele. Your experience in real estate will help you immensely here!

Fantastic. Thank you for your time and I appreciate folks like you giving others the time of day to inform the people with inquiries.

No problem! My pleasure! Thanks for giving my channel a shot.

I’ve honestly never even heard that before. That’s a great idea!!

Thank you! Appreciate you taking the time to watch.

Great question! I'd love to talk more about this. Sales done correctly should feel like talking to a lifelong friend over a beer.

@@JoshOlfertCFP thanks! I’m also eager to learn about your meeting structure and review meeting structures, in particular the agenda, if you use one.

Thanks for watching! 45 minutes on the low and and 70 minutes on the longer end. If its more than 90 minutes it should be two separate meetings or we should run it more efficiently.

Take time to think about your WHY. It will help you focus on what you want to do in this industry, determine fit for culture, etc. Along with this get familiar with the firm you’re interning at to see what type of client(s) they serve so you can see where to make impact. Good luck👍🏽

Too many 😂 ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-d8m4LUC5h5Y.html

Hey Evan! Are you on the newsletter by any chance? If not, that's hilarious timing. I just sent out my thoughts on this to our readers this morning. You can opt-in here: josholfert.ck.page/2fad371c0a

@@JoshOlfertCFP I just signed up. Do I get access to the ai article you are referring to or only future articles posted? Thx

@@evanwynne8558 I just sent it to your inbox

I work for myself! But this really means that I work for my clients instead of my employer. Instead of being worry if my boss or firm is happy I'm worrying about whether or not my clients are happy. There's still stress but its a better kind.

@@JoshOlfertCFP I’m wanting to get into this kind of thing. Probably going to speak to my dads friend who is a financial advisor soon. Would you say this profession is something you need a certain degree in, such as finance or is it something that can be learned? I’m about to graduate college with a degree in general business and I’m just wondering how difficult it would be to adapt or even get hired somewhere in the first place

In Canada we have what's called GRSPs. This is kind of the equivalent of a 401K in the states. Up here advisors can offer these to employers OR help clients transfer their group plan (GRSP, 401K) to their individual plan (RRSP, IRA) when the leave their employer. Not crystal clear on whether or not it works this way in the US.

Yep ... lol.

No, thank you for yours!! I think at the end of the day you’re trying to build a deep sense of trust with people. So in that case the most underrated skill is sales - not the pressure used car salesman type of sales, but the “I’m going to see if you’re a good match for what I do, and IF YES I’m going to make it happen and keep you accountable because I’m the best person for the job” type of sales. So sales means: storytelling, being an active listener, the ability to match someone’s problem to a solution in a compelling way, getting things done on time, following up, reviewing and revisiting regularly. I did 18 months in car sales to prepare for this. It was way different but unbelievably helpful. Lastly, deep domain expertise in financial planning, investments, taxation, insurance and corporate structure - but that’s obvious. You combine the two and you’re golden.

Hey Ali! Thanks for watching. Are you on the newsletter? Check out the link in the description of one of my more recent videos. This is where you can get a hold of me easier.