Source: Business Insider
Business Insider recently profiled six young financial advisers who have grown their practices early on in their careers at Wells Fargo, Morgan Stanley, and Merrill Lynch — among the largest US wealth managers. In interviews, we asked: what advice do you give to young advisers, especially ones who are struggling? “Remember that this is very much a career, and should never be thought of as a stepping stone,” one adviser said he often reminds newcomers to the industry. “Clients can tell if your heart’s in it.” Visit BI Prime for more wealth management stories . Getting off the ground as a new financial adviser, especially when you’re not working on a team, can be challenging. Building up a client base and gathering assets is a long-term process, and traditional wealth managers are trying to ease newcomers into the mix with new training and new transition policies between junior and senior advisers. Business Insider recently profiled six rising-star financial advisers who have grown their client bases early on in their careers at some of the largest wealth management firms.