one search. all jobs. Indeed
 
 
 

Forums > Job > Financial Advisor
 

Earnings Metrics of being Financial Adviser: AUM, # accounts, % Flat fee, prospecting, marketing
Get new comments by email
You can cancel email alerts at anytime.
Comments (1)

NYC i-Banker in New York, New York

10 months ago

So what are the metrics of being a FA that makes over $100K?

I understand that the business is no longer cold-calling and pushing stocks...but, how does one actually build a book?

Are their metrics that one can track...ie,

-you need min. 100 accounts of $250K/ea. to pay a flat fee #%/per annum
-Need to sell # of mutual funds or securities to each account per annum to generate $# commissions.
-Is it a rule of thumb or totally random

- Was this comment helpful? Yes / No Reply - Report abuse

» Sign in or create an account to comment on this topic.