Are there firms that hire Personal Financial Advisors, or do you have to start your own office?

Prepwise AnswersCategory: Finance CareersAre there firms that hire Personal Financial Advisors, or do you have to start your own office?
Kate McKeon Staff asked 4 years ago
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Career Dev Staff Staff answered 4 years ago

Many Financial Advisors begin their career working for companies and local financial institutions like banks before starting their own office. Companies like JP Morgan, Charles Schwab, Goldman Sachs, ING, and Bank of America area few examples of leading companies that have both personal and business financial advisory.

When starting your own office, there are several factors to keep in mind: Costs, business plan, licensing, risks and liabilities, partners, employees etc.