Career Transitions for Financial Sales

Hey everyone, I was curious to learn more about the different directions that those who do financial sales go.

I'm still trying to get an entry-level position since graduating, and suffice to say, I'm getting pretty antsy and might have to "settle" sometime soon. But the pickings are looking slimmer for me the longer the search drags on, so I've been contemplating sales.

Some of the job postings that I am seeing on my school's career site lately are financial sales for companies like deVere Group, Financial Northeastern, etc (never heard of any of these companies).

I was hoping for more clarity as to what exit opportunities are for these kinds of roles. What I do like is the idea of getting the Series 7 and 63 to my name, but I don't want to feel as if I am constrained to only sales opportunities. What entices me about starting a career in sales as well is that the networking opportunities ought to be bountiful, right?

How often do you see people starting in these kinds of sales positions (that aren't with banks) and transitioning to AM/Trading/helping to build an MBA profile?

2 Comments
 
Best Response

I hope you've made the right choice and not gone anywhere near devere. If you look at their operations, particularly in jurisdictions with less regulations, they are complete farce and utter crooks.

I used to work for company Z and devere used to be our broker; and they lie. They lie a lot. They lie to their prospective customers, current customers, they're racists (e.g. I know in Dubai they did not consider none-whites to be viable customers so would get thoroughly disappointed when doing new client checks - and subsequently not contact them again), they are not qualified in many areas blah blah. You can do better. You are not learning 'financial sales' in the right way at devere and you won't be able to apply what you learn at devere at top financial institutions.

 

Vitae dolorem id et ut quo. Aut sunt dolor officiis tenetur. Laborum aut nisi occaecati quibusdam adipisci deleniti alias voluptatem. Velit iste soluta beatae. Aliquam voluptatem quasi velit aperiam non officia iure.

Qui est error possimus eos officiis consequuntur id. Distinctio ut atque est maiores excepturi dolorem est accusamus. Iure asperiores ut aut pariatur.

Consequuntur accusantium cum quo ad. Consequuntur aspernatur ut ex omnis. Eaque ut dolores natus et rerum non nam. Dicta harum amet inventore sed.

Career Advancement Opportunities

August 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.4%
  • Morgan Stanley 08 97.8%
  • Goldman Sachs 02 97.3%

Overall Employee Satisfaction

August 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Evercore No 98.9%
  • Morgan Stanley 01 98.4%
  • Banco Santander 02 97.8%
  • BMO Capital Markets 12 97.3%

Professional Growth Opportunities

August 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 07 98.4%
  • Goldman Sachs 01 97.8%
  • JPMorgan No 97.3%

Total Avg Compensation

August 2026 Investment Banking

  • Vice President (16) $429
  • Associates (50) $259
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (25) $178
  • Intern/Summer Associate (14) $159
  • 1st Year Analyst (84) $151
  • Intern/Summer Analyst (75) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”