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Anonymous

02 Feb 2021

Career

Is it a wise choice to switch career to an Insurance Agent / financial advisor?

Have seen them promoting as good choices for mums. How much can I expect to earn and how many hours to put in to get that kind of earnings? Can anyone share?

Discussion (2)

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Leong Kaiyan

02 Feb 2021

Manager, Financial Services at Great Eastern Life

Every career choice requires commitment to establish yourself from the onset. Of course, every individual has different productivity levels just like any other job. I understand that there are many agencies who promote the life of an adviser as being very free and being able to draw passive income without working. However, more often than not, passive income with no risk and no work is simply a fallacy.

Think about it, which individual will entrust themselves to an adviser who is only part time in the job?

As you get more proficient, the amount of time you need to spend to earn per dollar of income goes down. At the beginning though, you will need to put in many more hours than your peers. The earnings are limitless. In the past, $1 million annual income for an adviser used to be rare, as wealth from the region pours into Singapore though, you will see many millionaire advisers who even hire advisers for themselves.

Feel free to PM me for a coffee if you would like to find out more.

PolicyWoke

02 Feb 2021

Turbo-charge Your Savings with REPs at PolicyWoke

Hi Anonymous,

If you would like to speak with a financial advisor about the career, do contact us via our website or our Facebook page, as we have a network of financial advisors due to our trade nature.

Disclaimer: PolicyWoke is a 2nd-hand endowment policies broker

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