018: Toughing it Out
Toughing It Out with Alice Tang
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\nI\u2019m pleased to welcome my friend Alice Tang to this week\u2019s episode of\xa0Women Rocking Wall Street. Alice started her career as a financial advisor after moving to Portland in 1994, and today, she\u2019s vice president of\xa0BPG Wealth Management LLC. Alice\u2019s mission is to help people become financially independent and retire with confidence. As she tells us, getting to this point in her career was no easy feat.\xa0 She describes her first year in the business as cold-calling people and setting up meetings nonstop. She was exhausted and made only $2,000 in year one, but was determined to press on. Alice\u2019s dad ran a successful business himself and once told her that no matter what happens, it\u2019s important to remember that she planted a seed that could one day become a plant. And in time, a plant most certainly did grow for Alice.\xa0
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\nBuilding a successful practice is challenging and takes time. Alice had to tough it out for years to see results; this is why in her own practice, she\u2019s a believer in essentially creating apprenticeships where recent graduates or newbies to the finance industry can have a place to grow and be surrounded by the right people and resources. She also makes sure to pay a reasonable salary to those just starting their careers. Both Alice and her business partner came from a similar background\u2014enduring years of difficulty before seeing results\u2014so they both keep this in mind when hiring. People need to pay their bills, she says. We can\u2019t make it impossible to break into the industry. After all, there are many benefits to grooming newcomers. For one, younger people can bring new ideas to the table, Alice says. And two, when an advisor retires, the firm has a strong replacement for the client. Sounds like a win-win situation!
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\nJoin me next week with guests Jill and Michael Knouse. Yep! We\u2019re going to have a man on the show!!\xa0 Thanks for listening to this week\u2019s episode of\xa0Women Rocking Wall Street!
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\nRegistered Representative/Securities and Investment Advisory Services offered through Signator Investors, Inc., Member FINRA, SIPC, 138 River Road, Suite 310, Andover, MA 01810,\xa0978-689-9303, a Registered Investment Advisor. BPG Wealth Management powered by Business Planning Group is independent of Signator Investors, Inc. 103-20150518-233718