WHICH IS THE BEST COMPANY TO BE A FINANCIAL ADVISOR AND WHY BE A FINANCIAL ADVISOR?
The job of being a financial advisor in the Philippines is quite different from other advanced countries. In other countries, financial advisors are paid consultancy fees for giving money advise. For example giving advise which among the financial products is best for the client.
In the Philippines however, financial advisors earn through commissions for selling products since most Filipinos will not pay for consultancy fees for financial advise given to them. At least for the coming years we will see this kind of compensation for financial advisors in the Philippines to be commission based and not consultancy fees.
Here are some articles that you may want to look at to continue your readings on the career of being a financial advisor:
- Top 5 Reasons Why You Should Try Being A Financial Advisor
- Qualification and Requirements to Be A Financial Advisor or Insurance Agent
- Duties and Responsibilities of Financial Advisors
- How To Become A Financial Advisor
- How To Be An HMO (Health Card) Agent
ABOUT THE AUTHOR:
Mark Fernandez is a CPA, RFC, AFA started as a financial advisor at age 22 in year 2009, becoming an MDRT member at age 23. He is currently a life (at least 10 years MDRT) and qualifying member of the MDRT and is a 2022 Top of the Table Member. He has served to make meaningful changes in the life insurance industry by being a board of trustee of the Life Underwriter’s Association of the Philippines (LUAP) for 5 years. He is also the chairman of the FinancePH Group of Companies. He is the founder of Aetos Financial Insurance Agency Inc. Currently Aetos is the Top 1 in terms of FYP and Top 5 in APE in life insurance agency rankings nationwide 2021. His parents are humble farmers in the city of Dumaguete. You may reach him at firstname.lastname@example.org or visit Aetos office in Makati.