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Michael Kitces – The Past, Present & Future of Financial Advice - [Invest Like the Best, EP.122]
Invest Like the Best with Patrick O'Shaughnessy
Advice for Young Financial Advisers?
The future is not getting paid for your company's products or managed accounts. It's actually getting paid foryour advice, the knowledge between your two years and your ability to deliver it well to clients. The minimum requirements to be a financial adviser is a two to three hour regulatory exam in a high diploma. Andd that's all i need to take responsibility for someone's life savings. I think it's a absolutely absurd and ludicrously low bar.
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