Would it be possible for a Wealth Advisor to make..?

Would it be possible for a Wealth Advisor to make..?

Postby nygiantsfan » Wed Feb 18, 2009 4:11 am

Is it possible for a Wealth Advisor at Morgan Stanley to make $300,000 a year in Jackson, MS?

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Would it be possible for a Wealth Advisor to make..?

Postby 60187guy5932 » Wed Feb 18, 2009 3:28 pm

Is it possible?.....Yes. You'll have to be a good salesperson to earn that amount of money.
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Would it be possible for a Wealth Advisor to make..?

Postby davidosterberg1 » Thu Feb 19, 2009 2:44 am

Its possible. Wealth Advisor is a serious stretch. You're basically selling as much Insurance (Annuities) as you possible can, then a lot of mutual funds, then a few stocks and bonds. Stocks and bonds don't earn much in the way of commissions, so you will steer or advise your clients to avoid those due to the high risk. You will be taught to advise clients to load up on safe, guaranteed investments. These also happen to generate the highest commissions, and while they're not exactly safe and guaranteed by the time the client finds out you will be working somewhere else anyway.
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