My experience as a PY adviser after several years doing client service and admin in the industry wasn't great. After months of searching for someone to support my PY, the best I got was an offer for $50k p.a. and the larger firms I applied to (passing cognitive tests and chasing them for months) would tell me that an internal candidate had made it through. One firm asked me if I would do 2 more years of client service before considering me for the PY.

I could complete a PhD faster than I could become an adviser!

Some other firms wanted me to be both an admin person and experienced paraplanner, with no promises about progressing into the PY...

Some closing thoughts:
1. Anyone who secures a good gig straight out of university with no relevant experience is benefiting from a degree of luck/connections.
2. I am absolutely jealous of the older generation who had better job opportunities, more support (with mentoring), better real wages and who were able to get started with much less education (that was also much cheaper).