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My parents bought that house on a whim and the first owner I met was a banker and he asked me, “so what do you do for a living?” I replied, “I’m a financial adviser”.
That banker’s firm was no joke and he wasn’t even a financial adviser so that statement doesn’t quite answer the question. The point is that financial advisers are really good at doing what they do and they tend to be highly respected. So if you are a financial adviser, I’d think you’d do quite well in the real world.
The rest of the story is more about the “I’m not a financial advisor” part. The real secret is that this is an incredibly lucrative business.
That is what I have been saying about the financial adviser part. They are a very good at what they do. As a result, they have lots of clients and lots of potential clients. In the real world, you are going to be a lot worse off. So, I am not sure that a financial adviser would fare well in the real world either.
