How much a Financial Planner makes in Toronto 

And there is CFA who is the boss of everything.

Yes living in Canada

​@@Talkwithtina808bruh

1. She’s charging low fees 2. She only make commission 3. Her AUM is pretty low…meaning she barely has customers. When you managing non wealthy people money having a 1% fee is life and death to them. If you cold call someone and tell them your got all these cert and license it means nothing in the client head. They’re just gonna laugh at you and say no I’m. It interested or hey please don’t ever call me again.

$150k is likely her base salary excluding overtime, bonuses, options and if she’s in a firm as a partner she may be entitled to a share of the firms profits.

@@Mick_Unfiltered You're just guessing. No one states just their base salary when giving their income, they state total compensation.

This needs more likes, it's true

you deserve your worth is this type of field maybe she is not hat good or does not have much expertise.

that*

If she helps clients with “budgeting” then she’s def dealing with small money

”Deserves"? Money comes with competency in her role.

@@rudipell90 lmao that’s not how the world works. There’s tons of clowns making more money than they deserve lol

This is very insightful, thank you!

I was looking for this comment 😂

No it all emotion and zero calculating. Try to apply for a financial advisor job and talk to people with logic, reasoning, and advance calculations. You’re gonna lose your job, and be delinquent on your mortgage.

@@thetsanation8664 been doing great so far.

I don't agree, it's a lot about relationships and giving your client that sleep at night factor. You want to be able to tap into their biases, emotions, worries. It's a client facing business, it's about people not theory.

@@Sidious6460 and when people tapped emotions in 2022 and 2023 for tbills, munybonds and CDs and their clients complained about their returns compared to S&P nevermind had they gone into proper funds like Berkshire, their returns were small because emotions said minimize risk tolerance. whereas if you cut out the emotion and read the history tables, buying into equity assets when they went down would have created great returns when they normalized, such Royal Carribean holders saw +200% growth since buying the dips and holding through the last three years. You are hired for achieving their desired result, not letting them drive the boat with emotions. They already do that by themselves. You reassure them you understand the mandate then either teach them or do it yourself - remove the emotions. Hold the ship steady and get them there.

Prospects don't pick the best financial advisors, they pick the best communicators who can ask good questions to know their clients' situation better and plan for them!

Do you know how much CFP generally make in total?

I guess they'd be getting commission for products they recommend.

Well she's from Toronto, not the US, so you gotta keep that in mind as well

What

Recommend you worry less about titles and acronyms and more on selling and developing your sales skills

Get employed with a BD or IA, study for SIE, study for Series 7 and Series 66. That's a start.

Hello please what's BD and IA?

Uhhhh maybe she’s married already. This is not a reality show, go watch that on your tv, if you want.

@@UuU1001. Bachelor’s degree. Looks like you watch too much.

Not if working independent, firm probably yes

the one where her truth comes from

Thought she said that too but she actually said “role”

She said "role" bro, listen better

😂

That’s interesting cause I thought she did well in this interview.

For real 😂 I could sense she felt uncomfortable, maybe bc of the camera. I’m great with people, not great at public speaking.

Disagree, she did just fine.

She's fine. She's thinking of her words and choosing them very carefully is all:)👍

Go straight to working on CFA; taking the required courses, and getting the work experience. No masters needed.

@@GameChanger-u5d thanks for the advice man I’ll do CFA’s 🫶🏻

Yeah, not bad if it was 1994

It's not much in Toronto. $400k is good - so like partner level.

Nah, post covid. Fist bump is completely socially acceptable now.

Nah, no handshakes post covid.

She said 25 years total

She said 5 years in this role. 25 years total in her career which means she is in her late 40s

48 years old though.

@@kayflip2233 that’s a bonus in my book

@@kayflip2233 That’s even better

@@kayflip2233who cares she’s hot