By the way, my advice would be to just stay doing what you're doing.  You aren't even 30 and you're making $400K.  It will take you 10 years to be making $400K again. 

Response to your question about books, is fuck books.  Read here.  Read at Bogleheads.org.  Hell, take the CFP courses.  That will teach you everything you need to know about what you'd be selling.  18 months, you've got time.

Jake48 - Get a Series 7 study book, read that and take the practice exams.  Once you get the basics down, you can learn the nuance on the job.

Came here to say this.

Read wolf22’s thread. He is probably making 250-300k and did it from knocking on doors.  He is the exception, however, and you might be as well. 

You may find that this profession is as unethical as yours. I’m going to guess Comcast?

Are you on vacation this week?

Not for nothing, but I might milk that for a while, spend a few years getting your CFP, reading as much as you can about our business, and spend some time networking with people in our business before you just jump right in cold. You may get lucky and come across someone that is looking to hire a young guy to eventually take over his practice.

Fuck, honestly, if I was making 400K at age 30, I'm not so sure I would be jumping that quickly to leave and get into this business.

Oh, and plow as much money into savings as possible.

I have no idea what is available that's quality anymore, but I would guess something would exist.

You know how many people we have seen and heard that can "hustle", that made it 3 months in this industry?

So, you're saying he is going to be roughly a million-dollar producer ten years from now, just because he's good at selling alarm systems? 

Hey Fuck Face... if you’re the door to door salesman that up-sold me on the Custom Fit Limited Edition Furry Outfit, I thought you said you were discrete... keep that shit on the LOW... if not... disregard and welcome to Advisor Heads

Well

     Said

Turn in your Socialist Card Immediately... I can’t believe you paid for something instead of waiting in a Window Line

Also. 6% is 6% haha

If he is telling the truth, then yes absolutely.  

If you do want to get into the profession, learn as much as can from this board before you jump ship.

Go to Jones, like bc said. Great place to start.

No.

This is the hardest sales job out there. 

1.  Stay in current job, it admittedly only takes 35-40 hours a week.

2.  Take CFP classes, read these forums, learn the finance part of this job.

3.  Join an indy b/d, or start your own RIA, while continuing to work your current job (which reads to me like he's an indy contractor there).  

4.  As this business income builds, start shifting away from alarm sales.

Do it over 3-5 years.  This is basically how I started this career (no, I didn't sell alarms).  

Guy has too good of a career to just take the leap for this industry (which has never been a sure thing, has a high failure rate anyway, and is under pricing and regulatory pressure).  Plus, he can add a bunch to his savings...maybe during this journey he finds a book to buy...and would have the money to buy it.  

My $.02.  

True. I'm not sure many people have the ability to build this business and work another.

There may be others like you helado, but I'd say you are an exception.

It's time IN the business that drives success.  Being indy and having an income makes that time frame almost indefinite.  If everyone was given 5 years to build a book, almost no one would fail.  

My $.02.  

I don't think I had it harder, I think I had it easier...this excludes being hired onto a team at a wire (a reputable team not looking to use you) or being given a GK or an office at EDJ.  

Que the EDJ people saying GK's don't help.  Just fuck off now and don't bother posting it.  

I think the issue is you are disciplined business-wise. I don't think many salespeople are. 

I know how you built your business and you were able to do so with the future in mind - and it paid off. So many can't keep their eye on the prize.

The tough part is, it's hard to get hired at a firm that will actually allow you to do this, no? Or do indy B/D's really care?

The B/D does, but I assume if you get hired by an individual firm, they can say yes or no based on their own internal policies, correct? In other words, you would either need to go indy on your own, or get hired by an individual firm that would be OK with it?

To the point I made earlier; they may allow it, but they would have a lot of questions and would try to get a lot of clarity that you aren't dealing with the same people in multiple businesses. Certain firms (probably like an RJ) would say it's not worth the risk. Not sure what their current state is, but back in the day LPL probably wouldn't give a shit.

Technically I guess the OSJ could say "no."  But I think it's pretty unlikely.  They aren't usually going to care. 

I can relate to an extent. I failed twice at the big corporate firms before saying fuck it and trying indy. I only brought like 1 million with me in managed assets to start. In the last two years, I've built it to about $13 million in fee based. Got the monkey off my back and it allowed me to focus much easier. Plus, I no longer had to waste half my day with bs corporate meetings. Now I just want to be giving myself a $40-50k raise every year. It is realistic. I push myself to bring in about 500k a month in new assets. In the bank, they wanted us doing 1 million a month. They promised all the leads in the world but at the end of the day, it was all bs.

Also, even in this industry you don't have to be a Financial Advisor to make a difference - i.e. Dave Ramsey - he has NEVER been a financial advisor. But you do have to gain the knowledge.