Looking for a clue

He would be better of at EDJ, IF he can make it...which at his age, it's a big IF.  I'd take the job and getting fully licensed with Mut of Om.  Get a few years selling mostly insurance and then make the jump to full blown FA.  I think you can probably keep your Mut of Om biz down the road as an indy producer.

I agree wtih Ice. Stick with MofO. Sell enough insurance to stick around for a while. And focus all of your energy on doing two things .....learning to sell intangibles, and building relationships, with both clients and people who are in a position to refer to you. You are very young. After 5 years of doing what i just described, you will still be very young, but in a position to succeed in the securities advice business.
Just my two cents.

By "at his age its a big IF" do you mean because I will be looked at as inexperienced thus not given the oppertunity to do business with anyone or just not have the maturity?

Edited by gresmi6 - Apr/26/2011 at 10:50pm

I mean, not many people are going to give a 21 year old their life's savings.  HOWEVER, a lot of people would be JUST FINE with buying disability, long-term care, of life insurance, from a 21 year old.

Explore the board.  Lots of good stories in there.

iceco1d wrote: I've said it before and I'll say it again...had I not joined this board, and the RR Mag board, I would've had my degree in finance, my MBA, and been looking for a new career path within 18 months of starting in this biz.

gres - Jones has a program that's designed for, forgive me, young kids like you.  We call it the PASS Program.  Basic idea is to take people who just need a little more work and life experience, train them, groom them, then eventually put them into an open office somewhere in the country.  You'd have to move 250 miles east for a couple of years, but that wouldn't be all bad.  You'd at least have a good baseball team to root for.   In the end, you're guaranteed an office if you make it through the program, which I believe is the norm. 

gresmi6 wrote: By "at his age its a big IF" do you mean because I will be looked at as inexperienced thus not given the oppertunity to do business with anyone or just not have the maturity?

Gresmi6, I'm only a few years older than you, but I look freaking young. One time someone told me that I looked like someone right out of high school. I had a few people that told me that my age would be a problem in this industry. I ignore those warnings.

In one hand it's true that we usually hang out with people of our age so when it comes down to investment, our friends probably consist of people with no/little money. However, those young people do need to have insurance. If you come across someone in their 50s or 60s, you can ask them, would you rather work with someone who is going to retire in 10 years (that fat, 50 year old FA) or someone who is going to retire in 40 years (YOU)? When they are in their 80s and 90s, you'll still be around. Of course don't bring it up if they don't ask.

I wear nice dress shirts and pants from Macy's & Ross. I do not wear tie. My car worth less than $7k, but it is only 6 year old. Good old Toyota.

I had a meeting with a successful business owner prospect recently. After we went through my spiel about retirement plan, we talked about the city where I live and where he lives (different city). He and I bitched about the property tax, sales tax, etc. (yes, it was borderline politics, but nobody likes paying tax). At the end, he suggested me to run for the city councilor (small city). I guess he liked me. My point is just be confident, but don't be cocky.

Did they have black and white TV back then?

Gresmi- lets get back to reality. Don't let anybody take you away from your dream. Stay focused on why you got into this business and ride that vision to success.