Financial Services & Recruiting academyrecruiting on 04 Dec 2007 12:00 pm
Attorneys make great financial advisors
A significant number of the financial advisor candidates we’ve placed have been attorneys who’ve decided to leave the legal profession.
There’s been a big trend for several years now of established lawyers deciding the law just isn’t for them anymore. Many different reasons for that exodus - the career just wasn’t what they’d expected, pressure to maximize billable hours, difficulty in making partner…just to name a few. For some, a financial advisor career has turned out to be a very viable and attractive option.
Financial services firms actively seek out attorneys, and for what are obvious reasons. They have some of the key character and proven professional traits those firms want - self-discipline, a logical mind, tenacity, speaking ability, and so on. In addition, most lawyers have a large base of business and social contacts within their communities especially among clients, fellow lawyers, and other professionals. Those groups normally are doing well financially, have money to invest, and need the advice a top trusted advisor can provide.
From the attorney end, a financial advisor career may provide things that a legal career just didn’t. More flexibility with their time, higher monetary rewards, more opportunities for promotion, a greater feeling of helping people - could be any of a number of things.
If you’re an attorney who has either left the profession or is considering leaving, I’d strongly encourage you to take a hard look at a financial advisor career.
