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Life agent vs Stock broker?

Category: Financial Services

pdonyin-0pdonyin-0


Alright so I'm already working with a life insurance agency, fairly new. I been trying not to rely on my friends and family, which is quite hard. I learned that my company can also sponsor me for series 7 (which would be more suited for my career since I'm thinking about CFA) The question is, even if I get the license I would still need to look for another brokerage firm, and if they see I didn't work in my current company for long, would that be a bad impression? Any suggestions?

one source
one source

Both are difficult businesses because online trading has truly cut deeply in the broker's business due the cost of a trade differential.An online trade is very low(Scottrade charges $7.95 where as a broker will charge 5-6 times that amount).What you should consider doing is staying with the insurance company,get your 7 and sell annuities which is a good product and can be intergrated as part of your proviiding personal financial planning


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