Financial Advisor Career: How They Make Money & Build Wealth

“Save until it slightly hurts” sounds harsh, but it might be the most realistic wealth-building advice you’ll hear all year. We sit down with Donna Stephens, a seasoned financial advisor who also brings an attorney’s lens to the money choices that shape your life. We get very specific about what real financial planning looks like when you’re not already rich.
And because this is How Much Can I Make?, we explore the career itself: how financial advisors get started, attract clients, and earn money through consultation fees ranging from $500 to $7,500, as well as ongoing investment management.
Listen, share it with someone who needs a little financial guidance, and subscribe to How Much Can I Make? for more real conversations about careers, money, and making a living.
For a full breakdown of financial advisors earning range ➡️
Connect with Donna: The Stefans Group
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Trying to figure out what career might actually fit you? Take my QUICK CAREER QUIZ and see your matches, NO EMAIL, NO HASSLE, just 5 questions ➡️
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Music credit: Kate Pierson & Monica Nation
About the host: Mirav Ozeri has always been drawn to storytelling and journalism, especially the stories of everyday people. A former CBS Producer and a documentaries filmmaker.
During her years at CBS, Mirav developed a television pilot built around a simple idea: giving people an honest look at what different careers are really like. Although the pilot was never picked up, the concept stayed with her. Years later, she brought it back as How Much Can I Make?, a podcast that explores real jobs, real stories, and the many paths people take to build a career.