American Express Financial Advisor

<p>I received an e-mail advertising me to go to one of their information fairs. Before I waste a whole Saturday, is anyone or does anyone know someone who is one of these? The email stated the average pay is in the 6 figures, but I am sure this is after paying your dues for a couple of years and working your tail off. So could someone advise me on the hours these people keep, whether or not they work totally on commission (base salary, hourly wage etc) and whether or not they give you a client list to call, or if you are cold calling. I am somewhat decent in sales and this might sound like an attractive career option for me as I like the idea of no ceiling on what I can make a year. Any input would be greatly appreciated.</p>

<p>joev, I did actually attended one of these information fairs. I think they were trying to get names and addresses of people you know. I passed the first initial interview and when it comes to the second I realized what they were up to.
You cultivate the client.</p>

<p>My cousin is one. He left a lucrative job in IT to go through the Amex program. It was intense and he now has some kind of certification, which was required if he wanted to be a FA for Amex. He didn’t stay with Amex long…maybe a year. He’s now working semi-independently, from home/for himself, and doing well.</p>

<p>Whelp I got a call from one of their recruiters and am going to an information session tomorrow. Dude said there will be a group session with 3-5 other people explaining company and programs, a 45 minutes skills test, and then a personal 15 minute or so interview. Can’t hurt seeing what its like I guess. Wish me luck!</p>

<p>Well good luck! Realize these jobs take a personality that is comfortable with rejection! Many people thrieve in such jobs, others don’t. </p>

<p>You need to develop your own clients which means cold calling people who live in zip codes that suggest they have money to invest. The new no call registries in many states make these jobs harder. Amex probably supplies lists of card holders which means you’ll get students with no money, billionaires with long established brokers and everything in between.</p>

<p>What is it you really want to do? What are your career objectives?</p>