Stay at Edward Jones or join Fidelity IC

Update 2/5: Appreciate everyone’s comments and PM’s. They actually helped me a lot! After speaking with some of yall and my wife. I’ve decided to stick it out with EJ, work on managing my burnout and changing up my prospecting strategy to reflect that. If in 2-3 years I can’t manage the burnout or am not happy with where I am, I’ll look at going independent or joining an RIA as I will have my CFP by then and a larger runway.

To begin, I have been working as an FA at Edward Jones for over a year. The training has been great and it’s one of the few places I could get licensed with no financial experience and no finance degree. I came from a background in sales for 7 years and have a degree in sociology.

I was recently offered a job at Fidelity as an Investment Consultant.

I am considering making the switch as I am tired of outside sales, knocking on doors, networking events, etc. my whole career has been outside sales and I am feeling the burnout. I also do not have a large personal or professional network to lean on for bringing in new clients, all my clients have been brought in through door knocking or community events.

From my understanding the IC role at fidelity is essentially a cold calling role (inside sales), which is my preferred sales style. I can grind in the phones much longer than I can walking around neighborhoods, knocking on doors.

Last year I made 89k with Jones for reference. Fidelity said a year one IC consultant will make around 100-130k the first year.

Would love to get everyone’s opinions and thoughts on what to do. I would eventually like to go independent but that is at least 5-years away as I have a family to support and don’t have the runaway yet to be independent. I am working towards my CFP, having completed to first two courses so far.

Also, has anyone left Jones and had to deal with paying back the “training costs” (50k stepped down over a five year period). I have no intention of bringing any clients with me if I leave.