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Old 11-20-2007, 03:29 PM   #8
philip1985
Scoring Winger
 
Join Date: Apr 2005
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I use to work at TD bank as a financial advisor and knew a few investment bankers. They definitely worked very hard to keep their clients happy. Long hours are expected, and you need to go above and beyond since the market is fairly competitive. If you have a few connections, that goes a long way to success.

The problem with investment bankers or say mortgage brokers, some of them don't have a salary they are paid on commission. They will give you a salary for say the first few months, and then you are on your own. One of my friends was working as an investment banker for a while, but decided try his luck as a financial analyst. He is definitely doing a lot better both physical and mentally since the change. Then I have a friend who is a mortgage broker and she absolutely loves it. It was hard to get into the market but now she is doing quite well. Even though mortgage brokers and investment consultants are different things, the work associated with both are fairly similar being it is fairly hard work involved.

My advice to you would be if you are a type of person that likes a challenge and doesn't get discouraged easily this might be a good career choice. Just don't do it for the money because you'll just end up hating your job.
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