Favorite Parts of Working in the Financial Services Industry as a Financial Services Consultant
Byron, a Financial Services Consultant, highlights the long-term benefits of the industry, namely "passive income and flexibility," despite acknowledging the demanding initial years with "60-hour work weeks" and extensive prospecting. This career path's appeal is rooted in the future prospect of balancing financial success with family life, enabling "flexibility to be there for family when they need" Byron.
Financial Services, Sales, Financial Planning, Work-Life Balance, Entrepreneurship
Advizer Information
Name
Job Title
Company
Undergrad
Grad Programs
Majors
Industries
Job Functions
Traits
Byron Lopez
Financial Services Consultant
Capstone Partners Financial
Loyola Maymount university
UT Austin
Economics
Finance (Banking, Fintech, Investing)
Finance
Veteran
Video Highlights
1. High earning potential and passive income opportunities.
2. Flexibility to achieve work-life balance and be present for family.
3. Significant professional development and growth in the early stages of one's career, despite the demanding workload.
Transcript
What do you enjoy most about being in your industry?
Even though I'm less than two years into the industry, I think this is going to be more so in 10, 20 years, it's going to be the passive income and the flexibility. The first couple of years are going to be brutal; there's no denying it.
We're looking at 60-hour work weeks, a lot of prospecting, long days, and a lot of rejections, as I said. You'll also be studying for licensing exams.
But in the long run, it's going to be a job that provides passive income and a lot of flexibility as you get older. Personally, I want to have kids and be there for them, involved in their lives.
I'm very happy with this because I'll have the flexibility to not only have a good income and be able to provide for them but also be there for my family when they need me.