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name: Melvin Ang
age: 18++
school: Yishun Junior College
birthday: 11/06/1987

Hi, I like writing about my own thoughts. Pls tag so I know who visited my page... =)



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Monday, November 16, 2009

What it means to be a Financial Advisor.

You know, no matter which company you may end up with, no matter how reputable that company is, at the end of the day, it still boils down to you. That's why some Financial Advisors are highly sought after, and some advisors are totally blacklisted.

But the fact is this. If you think this job is an attractive job, you are correct. But if you only think of that and nothing else, then you are totally wrong. There's no such thing as trying out this business, or testing the waters, as they call it. When you strike a deal, you are dealing with people's money. You are dealing with their trust. Your client ENTRUST you the money to create something good out of them. If you do it good, you enhance their lives. Do it with negligence, and you are playing with their lives.

One thing that a Financial Advisor, in my opinion, should do, is to be prepared for the consequences of being an advisor. It may not be a big thing. It may not be small either, but nevertheless, if you are not prepared, then you would be in deep trouble in time to come. As an advisor, its not just being prepared to earn big bucks, or be prepared to fail and leave the industry. Its about being prepared to face whatever troubles your client might have in the future. As an advisor, you are probably going to see more sickness occuring. You are going to witness more deaths. You are going to see alot of sufferings. And if you are not prepared to handle this scenarios, then you are not prepared to be one.

Being an advisor is also not about a one-time business deal. You are the one responsible to take your client through his life. Not just a simple deal, where you let them go after awhile. You do not let your client swim alone. You do not let your client drown.

Then there's the product recommendations. And this is where it all stands. It doesn't matter how good your solution is. It doesn't matter how bad it is either. It all boils down to you; whether or not you sincerely feel that this solution will benefit your client greatly. Whether or not you sincerely feel that this is the best you can offer to your clients. And it doesn't matter which company you are in. Because if you are sincere to your clients, if you are honest with them, and if you are committed to them, then they will be willing to put their lives onto your hands. To conclude, clients are not stupid people. In today's world, consumers are more concerned about what a person is worth, rather than what he can offer.

How you want to view this job as, whether is it a profession, or whether it's merely just another salesman job, is really up to you to decide.

If you are always wrestling with questions on how could your proposed portfolio benefit your client every single night, then you are running a consultancy agency; you are running a quality business. But if you only care about how much you can earn being a financial adivsor, then damn manz. You are merely a salesman.

All in a day's rant of a life of a Financial Advisor

Bourne Hiero let the night fall at 10:52 AM

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