Employment as Investment advisor or financial planner after a business degree?
If a person was to complete a business degree program in Ontario, is it possible to get into the profession immediately after graduation, or will that person have to have a junior role in a company/firm and work their way up the ladder? Is the mean salary for a person with a university degree significantly more than one with a college diploma in finance? And lastly, for current IAs and/or financial planners, is there a high turnover in the field? And are there any organizations to whom being affiliated with enhance the profession (other than CFP)?
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Most financial service companies do not require a college degree, but it is preferred. Before starting they usually require you to hold the proper licenses. Also most firms start you with a salary, but are eventually paid via commissions. There is a high turnover since it takes a special individual. You have to be highly self motivated, a people person, not afraid to call people you do not know and not afraid to ask them personal questions, also sadly you need to be able to sell people.