Recently I have been thinking about many different career choices. However, one stands out above the rest. I would like to be a financial advisor for a company such as Edward Jones. I am interested in this field for quite a few reasons. I enjoy working with, talking to, and getting to know people on a more personal level. This job takes a lot of hard work and commitment, but it pays off. My Uncle Doug owns his own Edward Jones office in Maryland. I see how well he has done for himself with this career and all of the opportunities it provides. I chose to research this career because I am very interested in learning more about becoming a financial advisor and to see if this would be a career I would really enjoy.
Financial Advisors typically
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Also, it takes a lot of time and energy to find people and eventually hook them as clients. But once you’re up on your feet, the hours are pretty normal. Most financial advisors work an average of 40 hours per week. Sometimes they have to work on the weekend or go to meetings but nothing too much. For the most part, financial advisors are responsible for setting their own hours. There is a lot of flexibility when it come to the hours you work. Some choose to work typical day time job hours while others choose to work during the evening and on the weekends. Financial advisors choose where they work. They can choose to work in an office or from home. The work setting is very …show more content…
You have to be ambitious, self driven, and motivated. Financial Advisors have to go door to door, and make hundreds to thousands of phone calls to find clients. The first 3 years are the hardest. While talking to my Uncle Doug about his career as a financial advisor, he told me that when trying to get clients, you could knock on 300 doors and only get 20 new possible clients. Another disadvantage is the stress. Being a financial advisor can be very stressful. You are responsible for helping people make life decisions and for helping them decide what is best. It can be hard when you have to discuss things such as a family member’s death or bankruptcy with your clients. Other than that, I do not see too many disadvantages. However, there are many advantages to this career. Edward Jones is a very family oriented company. Edward Jones sends its employees and their families on incentive trips each year. They pay for the trip, while you get to pick where you and your family go. A few years ago my Uncle, Aunt, and Cousin went to Mexico. These vacations are not just down to Florida or other touristic places in the US.. Edward Jones offers trips to places such as Europe, Germany, the Bahamas, and Rome. Each year, Edward Jones hosts regional meetings. They are located somewhere in the region, and are for the financial advisors to meet and talk about the business, the economy, and to give
Have you ever been in a position where you where stuck and couldn’t decide between two careers? Whether it was something that you love to do or something that pays well? The answer may seem easy to you but when you start comparing the facts; that’s when it gets hard to choose. For many of us, graduates and people around the world have a difficult time choosing a career that can be a confusing process. A lot of people tend to settle down on a career quickly. Unfortunately, choosing a rapid occupation often leads to an unsatisfying path in the future, if not sooner. Eventually the individual decides to quit and start all over again. According to choosingacareer.net, “6% of workers over the age 50 are in the process of changing a career, resumes mailed to companies’ staffing departments only accounts for 3% of hires nationwide, and 95% of human resources managers and 95% of job seekers depend on personal contacts and networking to fill and find openings.” (choosingacareer.net) Choosing a career takes time and research, so it’s better to plan your future than rapidly pick one. Although some people claim they are happy with the career they chose of the bat, choosing a career carefully is much more effective because in the long run you will feel content and appreciate more with the choice you made.
A fourteen year veteran of Edward Jones counted one of the perks of her job as reading client "thank you" notes penned when children went to college, or when retirements were launched a little bit early (Wolfe, 22 Feb 2002). This veteran could have counted many other types of perks such as salary, career advancement, etc., but she did not. She stated the intangible, intrinsic benefits like “thank you” notes and personal greetings. Many other employees stated similar things like “all we do is help people obtain goals”, clients are just as likely to come in to tell of good news or show off their new car as they are to sign business paperwork, and “everyone is focused around a single mission” (Wolfe, 22 Feb 2002). Without a doubt, these are the exact reasons why Edward Jones was named first in Fortune Magazine's 2002 rankings for Best Company in America. This essay analyzes the reasons why these employees made Edward Jones the number one company in 2002. It will also discuss exactly how Edward Jones motivated its workers through its strict key values and organizational goals.
Dave Armstrong is about to graduate from Harvard Business School and is facing three career options. The decision problem that Armstrong should be considering is not which of these three jobs should he take, but rather what job will satiate his career goals. By asking this, Armstrong can gain a complete perspective of his options instead of being confined to three career options that may not be in his best interests. His objectives are not clearly outlined in the case; however, we can infer from the manner in which he is describing the jobs that he would like to have ownership in a company, enjoys thrilling non-office jobs, and wants to grow his network. Also, he has to take into consideration his wife’s objectives for him of having a job
The career I wish to pursue is that of a stockbroker. I am extremely interested in the trading of stocks and financial holdings so the career of a stockbroker just seems to fit in with my overall plan. Numbers have also always been a fascination of mine and the trends of the economy and long term financial outlooks have often interested me greatly. Stock broking is a risky business that one needs to be prepared for highs and lows if choosing to pursue. You must understand what a stockbroker truly does to even begin to follow this as a life long career.
My God there are so many careers out there, who in the world can pick just one. That’s what’s been weighing on my mind heavily is what career is right for me. I’ve thought of a couple that interest me but I want to find out everything there is to know about a financial advisor. The reason that I’m interested in this field is how everything is the same when it comes to the actually math behind the career. Also I like to deal with people and money so a job as a financial advisor just seems right for me but I intend to find out as much as I can to make sure there’s nothing surprising or any kinks in what sounds like the perfect job for me.
When I was given the choice to any job that I want to do or research I choose a financial advisor. The reason that I choose a financial advisor is because it has always interested me. The reason that it interested me was because my dad has been a financial advisor for most of his life. This means I have a little better understanding of the job than the person next to me. From what I have heard from my dad it really makes me want to go into this same career. From the information that I know I like the job but, that’s why I did this research to learn more and see if the job would fit me as a person. I hope to find a job that will let me interact with people and not keep me at a desk all day.
One of the most important decisions that any high school student or young adult has to make is deciding what they want to spend the rest of their life doing. Coming into this year I didn't have a clue what I wanted to have as my career. Obviously everybody has their dream job, mine being a pro basketball player overseas, but everybody needs a backup plan if their dreams do not pan out. Recently, I started researching certain careers and taking tests ,such as the WISCareers interest inventory, to decide what career would fit my interests the best. After all the tests and research, I came to the conclusion that becoming a loan officer was what suited me and my interests the best("WISCareers")."Loan officers evaluate, authorize, or recommend approval of loan applications for people and businesses"("Bureau of Labor Statistics"). Being a loan officer is the perfect job for me because they have flexible hours, an above average salary, and a limited amount of schooling.
Derek, I too have worked in the financial industry for some time. My field took me into the brokerage field helping individuals understand the market or to help plan for their retirement. In this field, not only were we required to learn all the CPA and brokerage laws, but we were also required to learn all the banking laws that went in place with it. I absolutely agree that in this environment everything that leads to job dissatisfaction is obvious and ever growing. Even in my most recent position right now, we are heavily regulated and forced to do things that sometimes we aren’t even as comfortable doing all in the name of making money, but it culminates into this peaked pile of “low pay, increased worked loads, lack of promotions, and excessive stress on the job.” (Robbins, 2013)
Things are even worse in investment banking. One former banker comments on the workload in investment banking: “It's insane because even under normal conditions you could be clocking in 100-plus hours per week. Often I'd suddenly get up out of bed an hour o...
I like options, I like security, and I like power. With these wants, I knew at a very early age that I would enter business and thus I attended a college that specializes in the subject. In my first position out of school, I was hired by Dunhill Equities as a cold-caller. After several weeks of being hung up on by angry prospects, I decided that this career path would not lead me to success. I then moved within the firm to a position as sales assistant. While this was by no means my dream job, I learned a tremendous amount about business, and I gained useful exposure to the world of finance. Unfortunately, the company hit a period of instability, and after ten months I transferred with my boss to Coleman & Company. Thirteen months later, that company also began to fail, and I began to search for another path to advancement. With two strikes against me, I hit a home run and was hired by Sanford Bernstein into a challenging job with limitless opportunity for growth.
Becoming a financial analyst will allow me to enjoy a career in the finance field that pays well and also offers ample opportunities. The position of a financial analyst is growing very fast and so there are more opportunities for me to become a financial analyst. Being a financial analyst will not only put me in a powerful position within the organization but it will also teach me skills that I need about investing for my own financial life. Some of the qualifications for the career that I already have include a bachelor’s degree in finance, technology experience (Microsoft word, Microsoft outlook), skills such as maximization of work practices, and quality vigilance. One qualification that I need for this position is the ability to turn data into information. Since this position requires past experience and I have none, I can undergo training so that I can be at par with the job functions and requirements. Despite the fast growth of the job, though, there is stiff competition and even though I will most likely get this job with my bachelor’s degree, a master’s degree will help me stand out among my competitors and it will also be a wise investment for me since I have my eyes on a financial management position at one point in
I am currently majoring in Finance at Carlson School of Management, and I have decided to explore the career and future growth of a financial analyst. I chose to explore this career because some of my cousins work in this field and I’m interested in numbers and analysis. I also have an interest in following the stock market and working in a stimulating environment. What sets me apart from others is that I’m able to use time management efficiently. I’m able to study and complete major assignments while still finding plenty of time to socialize with others. Having taken StrengthsQuest last year, I learned that I strive for the future, I’m often positive, and I’m a believer in harmony. I believe in consistency, the idea that all people should
The job environment for an accountant would be mostly done in a typical office setting (“Accountants and Auditors”). Some people may be able to work from their homes, or if the business has more than one facility they might have to travel to the different facilities (“Accountants and Auditors”). The typical hours for an accountant depend on what type of accounting they do. The normal hours for a week are between 40-50 hours, but a tax & financial and auditors may put in 70 hours in a week (“Welcome to Careers in Accounting”). Individuals would also be working as a team with others on an important account or on financial statements (“Welcome to Careers in Accounting”).
Wealth management staff includes financial advisors that will help the client to improve their financial position by giving advice/suggestions. Furthermore, financial advisors also help the client in investing assets that will be able to generate high returns. While private banking can guide the client to some possible investment options. However, not all banks involved in helping the client to invest their assets. Those high net worth individuals that use private banking normally open a deposit account or
The intensely competitive, action-oriented, profit-hungry world of investment banking can seem like a bigger-than-life place where deals are done and fortunes are made. Investment bank includes but is not limited to bringing an established company to the market, by that I mean taking company with the capabilities but not capital of expanding, and raising money through other investors or the stock market (IPO) for a commission, I chose this field because of my personal experience with my father and his company, I’ve seen him go from starting off as a cold calling broker, to running a brokerage firm, to starting a brokerage firm, all the way to having his own investment firm. I feel like I would do better with jobs where you set your own hours and work at your own pace. A lot of the work is commission based so the more your work the more you make, this would also benefit me because it would drive me to work more, money is my motivation. To be hired you will need good people and communication skills, highly analytical skills, high ability to synthesize and high creative ability. You will also need experience in modeling, valuing companies, and financial accounting.