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16min chapter
Career Advice from Downtown Josh Brown
Ask The Compound
Navigating Career Choices in Wealth Management
The chapter discusses a scenario where a younger advisor was promised a book of business by a senior advisor who delayed retirement, leaving the younger advisor feeling stuck. They talk about the reluctance of older advisors to retire in the wealth management business, offering advice to the younger advisor on how to navigate the situation and make better career choices. The chapter also highlights the importance of gaining experience at larger firms before transitioning to smaller ones like RIAs.
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