Comments on: what are the benefits and disadvantages to being a financial advisor in a bank vs. another independant firm? http://financialadvisorlasvegas.com/what-are-the-benefits-and-disadvantages-to-being-a-financial-advisor-in-a-bank-vs-another-independant-firm/ Las Vegas Financial Advisor, Financial Planner Sun, 30 Aug 2009 21:28:57 -0600 http://wordpress.org/?v=2.8.6 hourly 1 By: Las Vegas Financial Advisor http://financialadvisorlasvegas.com/what-are-the-benefits-and-disadvantages-to-being-a-financial-advisor-in-a-bank-vs-another-independant-firm/comment-page-1/#comment-46 Las Vegas Financial Advisor Sun, 12 Feb 2006 02:00:54 +0000 http://financialadvisorlasvegas.com/what-are-the-benefits-and-disadvantages-to-being-a-financial-advisor-in-a-bank-vs-another-independant-firm/#comment-46 <a href="http://financialadvisorlasvegas.com">Financial Adviser</a> Advantages of working in a bank: - Warm leads, Referrals from Bankers and Tellers - No knocking on doors - Customers are already in the branch. It's really about working with branch staff to profile correctly and refer customers to you - Business Hours - Corporate/Professional Environment - Opportunity for growth - Depending on size of branch(es), you might be assigned to 2-3 different branches which provides more opportunity of meeting different clients in different areas Disadvantages of working in a bank: - Commissions are less Advantages of working for independent firm: - Maybe better pay - More "independent" Disadvantages of working for independent firm: - Not set schedule, you might have to be at customer's house at 9pm trying to sign docs/contract - Knocking on doors, building your own book of business Financial Adviser

Advantages of working in a bank:
- Warm leads, Referrals from Bankers and Tellers
- No knocking on doors
- Customers are already in the branch. It’s really about working with branch staff to profile correctly and refer customers to you
- Business Hours
- Corporate/Professional Environment
- Opportunity for growth
- Depending on size of branch(es), you might be assigned to 2-3 different branches which provides more opportunity of meeting different clients in different areas

Disadvantages of working in a bank:
- Commissions are less

Advantages of working for independent firm:
- Maybe better pay
- More “independent”

Disadvantages of working for independent firm:
- Not set schedule, you might have to be at customer’s house at 9pm trying to sign docs/contract
- Knocking on doors, building your own book of business

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