1. Business Law
&
Financial Advisor

2. Business Law

3. What does someone in business law do?
Business law involves helping companies with...
mergers
sales
stocks
contracts (with employees or companies.)
This means working on Strategic Planning and Research/ Product Development. These are the important areas which support the development of corporate strategy and introduce creative investment tools to the marketplace to attract business and expand CBOE’s appeal to a universal setting of customers.

4. Earnings&Benefits:
The average paycheck for a person working in business law can range from...
$ per hour.
Creating a starting yearly average of about...
$170,000+
Most business law firms will have benefits like paid vacation time, reimbursements, cover travel expenses, year-end bonuses, and other perks.

5. EDUCATION: GVSU: MSU: $41,320 $72,720
Bachelor of Science, Legal Studies at Grand Valley State University.
Michigan State University Law school, Juris Doctor program to complete a corporate law degree.
GVSU:
$41,320
(4-years undergraduate studies)
MSU:
$72,720
(3-years graduate studies)

6. School of choice: GVSU for my undergraduate work... then...
MSU for law school...

7. Financial Advisor, Edward Jones
Joe Bettega
(989)
103 E Bay St.
East Tawas, MI
48730

8. What does an FA do?
Financial advisors help people with financial goal planning. This involves things like retirement, the purchasing of large items like cars, boats, and houses. FA's also help with college planning, life insurance, and trusts.

9. After passing the Series 7 and Series 66 tests then you move onto Financial Advisor Training.
9 week program:
Training:
To become registered to offer securities, FA's must pass the General Securities Registered Representative Examination (Series 7) and a Uniform State Law Examination (Series 66) Preparation for the tests is provided by the Study for Success program.
Week 1, getting to know your client.
Week 2-8, field foundations.
Week 9, Evaluation/graduation.
Ongoing Training: During the first few months as a FA employees work closely with the Financial Advisor Development department to reinforce their knowledge of investments through monthly conference calls, broadcasts, and in-depth training modules.

10. BENEFITS & SALARY
Pays for the setup costs of a new office, rent, utilities, also provides the office with computers, tv, chairs, desks, fax machine, printer, and other office furniture.
Medical, Dental, and Vision plans
Life insurance provided to full time employees, and gives an option to purchase life insurance for a spouse and children.
Long term disability is available for first year FA's then available upon payment request.
Income continuation
Accidental death and dismemberment insurance.
Flexible spending account
Incentive program
A salary based FA makes on average $98, ,000. Beginning FA's make around $78,000 per year.
An FA at Edward Jones earns commision, meaning that the annual salary is based upon performance levels, not an hourly wage.

11. COST:
A degree in finance from Grand Valley State University will cost roughly around $41,320 in tuition. Room and board is around $7,920 per year. Plus an average cost of $1000 in books each year.
Before you take the Series 7&66 exams and finish training to become and FA, companies like Edward Jones, require that you quit your previous job to study, in return you become an employee of their branch although you don't receive the benefits until you begin working, you do however get paid to study.

12. SCHOOL OF CHOICE: Grand Valley State University
Mid-sized school. approximately 24,541 students enrolled.
Allendale, MI., just 10 minutes away from Grand Rapids.
Grand Rapids is the fastest growing city in Michigan in fields like business, technology, and health.
Seidman School of Business
undergraduate finance major
To expand my financial knowledge I would ideally like to attend graduate school at the University of Michigan's Ross School of Business.

13. SIMILARITIES Success rate is based upon clientele relationships.
Require a degree
Both are business related fields of study

14. DIFFERENCES BUSINESS LAW FINANCIAL ADVISOR Law degree
Clients contact them about contracts, mergers, big corporate plans.
Salary is hourly based.
FINANCIAL ADVISOR
Clients are seeing them for retirement, college planning, etc.
Minimum of a bachelors degree in finance.
Majority of FA's are payed a commision.

15. BUSINESS LAW OR FINANCIAL ADVISOR?????
I chose a financial advisor, because not only is it the job that my dad has done successfully for years, but I can also apply a business law degree into being a FA. How? By working in the "home" office in St.Louis. The FA's working in the home office typically dual major with a business law degree. With the law degree they are not only doing the regular FA duties, but sent all over the nation and sometimes internationally for contracting issues, mergers, and such with Edward Jones.