Localfund.com - All about Fund and Investment
*Home>>>Bond Investment

Bond Trader or Investment Adviser salary?


Please help me, I want to know what I should do with me life. What are the adverage salaries for a bond trader and investment/financial
advisior, with an MBA.

I don't have an MBA yet, but I would like to get one. PLease help.......thanks

go to salary.com to find the average... but dont believe it too much... the "average" will be skewed by the top earners that are in the 7 figure range... I can speak from the financial advisor side and say that it is a revolving door. I have seen as many people drop out of the industry as i have seen earn a decent (75k to 125k) wage... but it is all comission based so top earners seem to be in the 300k to 500k range with the Superstars in 1million plus (but they are few and far between) ... most likely you can expect to make about 45 k your first year and be either forced out of a job for lack of production or in making 80k by year 5.. but again there are no rules. Its possible you excel at selling (which is more important than being right about if the market goes up or down.. be safe, dont lose people money and sell sell sell)... and you could earn 300k in your 2nd or 3rd year... good luck

Salary can vary widely. I would recommend getting a CFA designation instead of or in addition to the MBA. The CFA is the standard qualification for an investment advisor, see www.cfainstitute.org. According to salary.com, the starting salary for a bond trader is about $55,000 and a senior bond trader with 3 to 5 years of experience can make about $100,000. Investment and financial advisors vary widely in salary and can vary based on commissions too, but a CFA and/or MBA will probably get you at least $70,000.

The average compensation for a securities trader in 2005 was about $135,000. But there are Wall Street bond traders who make millions of dollars in bonuses based on their trading profits. The average compensation for a personal financial advisor in 2005 was around $93,000. But your compensation is theoretically unlimited, since your earn commissions based on the number and type of accounts you can draw to your company.

Tags
  Business Investment   Business financing   Business Invest   Business Debt   Bond Investment   Angel Funds   Alternative Investment
Related information
  • What is the best US savings bond investment?

    go to ...

  • What kind of stock/bond/investment has the lowest risk and makes the most money?

    It depends on how long you intend to leave it invested and how much you have to invest. Bank CD's which have no risk have different rates depending on amount and length of deposit. Govt. bonds...

  • Which is the best bond investment?

    Personally I wouldn't invest in bonds right now, as I think rates are going up. But if I was going to invest for maybe a term of two years, I might consider bonds. For you, you need to d...

  • Is this the time to buy bond for investment?

    Contrary to the other answer here, inflation is the worst thing possible for bond holders. (Inflation eats up an increasingly larger part of your FIXED interest payments. As a person who will be ...

  • What is the basic Journal Entry for Cost of Good Sold and Investment/Stock & Bond?

    Very basic JE Debit: Cash 10000 Credit: Sales 10000 Debit: COGS 5000 Credit: Inventory 5000 Debit: Investment 50000 Credit: Cash ...

  • What is stock? bond? investment?

    stock is an ownership interest. lets say there are 100 shares so 1 share is equal to 1% ownership in the company. ppl will pay more or less for that 1% ownership depending upon the market, and wh...

  • Bond Investment? Please read...?

    Dude - do your own homework!

    ...
  • Could investing in people's loans on prosper.com be considered a bond? IF not what kind of investment is it?

    Bonds are written by big corporations and government who hold a lot of accountability for their actions. To me, investing in in people's loans thru a web site seems like a formalized IOU. I ...

  •  

    Categories--Copyright/IP Policy--Contact Webmaster