Animal Spirits Podcast

I Want To Be An Advisor, What Do I Do?

Jul 12, 2025
Dive into the modern finance world where the hosts share insights on starting a career as a financial advisor. They discuss the essential skills needed in trading versus wealth management. Explore how AI is transforming the industry and the importance of human interaction in advisory roles. With tales of career misalignment and the generational shifts in wealth management, listeners will learn the value of building a personal brand and navigating the evolving landscape amidst competitive pressures.
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ANECDOTE

Trading Rarely Feeds Alone

  • Trading for oneself rarely sustains a living without supplementary income like courses.
  • Trading skills generally don't transfer to wealth management roles.
INSIGHT

Equity Research Role Extinct

  • Traditional equity research and PM roles have largely disappeared in recent years.
  • AI accelerates this decline, reducing demand for junior analysts.
ADVICE

Start as Client Service Associate

  • Get a client service associate role to learn wealth management basics on the job.
  • Excel in the CSA role until recognized for growth opportunities.
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