1. Search Results

  2. Why is wealth management looked down upon?

    Why is wealth management/financial advising looked down by most people on Wall Street? It's one of the highest revenue generators for the banks. I understand it's a glorified sales position when starting out but after you've built your book ...

    42 comments - 0 silver bananas - Jun 12 2016 - 4:06pm -

  3. Financial Advisor Route to Investment Banking?

    I was offered a job today at an independent wealth management company. I am required to take the 52 hour license course and test. However, I still want to pursue Investment banking. I am taking summer courses at college to further build my resume. Should ...

    15 comments - 0 silver bananas - Nov 8 2016 - 3:51pm -

  4. Please give me your thoughts- I am looking for guidance from Wall Streets brightest minds.

    Good afternoon WallStreetOasis. This is my first post but I have been reading these forums for the better part of three years and I simply can't believe the level of "talent" that contributes to this community. My situation seems to be very ...

    13 comments - 0 silver bananas - Aug 25 2014 - 2:37pm -

  5. Salary and timeline of a Financial Advisor?

    Hey all, I was wondering if anyone can share some insight on what the starting salary and career progression looks like starting off as a financial advisor at a bulge bracket like MS or JPM. I recently just graduated this summer after having to take one c ...

    7 comments - 1 silver bananas - Sep 12 2017 - 3:58pm -

  6. Morgan Stanley Financial Advisor: Good Gig?

    I am currently a senior in college in Atlanta and am interested in knowing what people generally think about working as a financial advisor for MSSB. I have searched the forums and found a lot of good answers, however, I am interested in knowing about how ...

    9 comments - 0 silver bananas - Oct 6 2016 - 6:14pm -

  7. Except these what should I say

    I am going to see a local financial advisor of Ramond James in trying to work an intern in his office, and he does not know who am I. Except introducing myself and showing my interest in wealth management what I should say or prepare? Thanks for all the h ...

    8 comments - 0 silver bananas - Oct 30 2012 - 12:39am -

  8. Financial Advisor Compensation Structures

    Does anyone know what a typical compensation structure is for a new financial advisor who is not bringing a book with them? Typical grid rates for rookies, typical base salaries, whether a more seasoned FA at the firm sponsors you and takes a cut from you ...

    4 comments - 1 silver bananas - Feb 6 2019 - 12:51am -

  9. Financial Advisor for which firm?

    I'm in an interesting position where I'm ready to pull the trigger and take a shot at some of the bigger names in financial planning/advising. With your experience, can you tell me which Financial Advisory program is the best? I'm debating ...

    5 comments - 0 silver bananas - Jul 18 2013 - 9:24am -

  10. Financial Advisory

    One of my aspirations in my life is to become a financial advisor. As I was doing some research, I discovered that most people who firms hire as financial advisors are people who were generally financial advisors from the beginning, or were students fresh ...

    5 comments - 0 silver bananas - May 5 2013 - 8:59pm -

  11. Financial Advisors on IPOs

    It's been a while since IPOs were booming, and the times are different, but how common is it (or how common do you think it will be) for companies to advise on IPOs if they aren't underwriting the deal? I'm curious about the "elite bou ...

    5 comments - 0 silver bananas - Mar 2 2010 - 4:18pm -

  12. Branch Stockbroker/Consultant

    Is anyone working or have worked in a branch financial consultant or salaried stockbroker role for a company like Schwab, Fidelity, ETrade, TD Ameritrade? What's your average day like? What are the asset accumulation quotas like on a monthly, quarter ...

    4 comments - 0 silver bananas - Dec 17 2015 - 4:01am -

  13. Hi this is Harrey

    Hello all, I am Harrey Martin, Financial Advisor, I love to share thing's which I found helpful to me. As a new member of this community, I am looking for some good friends here, then we can share and get helpful information from each-other.. Have a ...

    4 comments - 0 silver bananas - Jul 3 2013 - 2:40am -

  14. Is this a dangerous idea?

    I will be graduating in December and have secured a job as a financial advisor in my hometown. They are sponsoring me to get my Series 7 and 66 (I have to pay the fees) and I am starting with them after I graduate but I have not officially signed with the ...

    4 comments - 0 silver bananas - Nov 19 2012 - 10:18pm -

  15. Transitioning from financial advisory to ER

    My story: I graduated May 2009 from a target with an economics major, and my initial goal was to get into equity research and ultimately use that experience to make the jump to a hedge fund or the Asset Management space. Unfortunately, the short story is ...

    4 comments - 0 silver bananas - Sep 10 2012 - 11:12pm -

  16. Building a book as a financial advisor

    Wealth management doesn't get much attention on this forum, but maybe there are a few FAs on here. I am curious what it is like in a wire or ibd training program. Did you join a team or built it on your own? How did you go about building your book? h ...

    3 comments - 1 silver bananas - Jun 4 2018 - 5:23pm -

  17. I have a job and I still no what I'm doing or how to move forward.

    I have been a bartender for17 years, I have a B.S. in chemistry but I love talking to groups of people and teaching. I love the spotlight. One of my customers thought I would be a great external wholesaler, so I thought what the hell, let's give it a ...

    3 comments - 0 silver bananas - Jun 3 2015 - 10:14pm -

  18. ML or WFA

    I have a potential opportunity to join a ML advisor team with over 150 mil AUM under the PMD program or join WFA as a FA building a business from scratch. I've been in sales for over 8 years with a good track record and professional network. I will n ...

    3 comments - 0 silver bananas - Mar 10 2014 - 1:31pm -

  19. Part time Financial Advisor

    Does anyone here do financial advisory as a side gig? I'm not looking at it as a full time thing (or even as any gig), but something to do on weekends possibly. My though is more providing good advice that actually helps people, because I think I hav ...

    2 comments - 1 silver bananas - Apr 22 2018 - 8:26pm -

  20. Informational interview questions merril lynch

    I have an informational phone call tomorrow with an alumni who is a merril lynch Financial advisor. What questions should I be asking him? Here is my current list:- How did you get your start?- What's the most satisfying part of you job?- What has be ...

    2 comments - 0 silver bananas - Mar 2 2017 - 8:35pm -

  21. Why am I here?

    Hi, all. I kind of wandered into this site looking for answers to some deep questions. These questions things like is the 2% raise + stock bonus (which vests over 5 years) I got a good deal or a crap deal? Or we have 350K to invest- should we pay off our ...

    2 comments - 0 silver bananas - Aug 19 2015 - 3:10pm -

  22. Went to a Financial Advisor recruiting/job briefing: confused and unsure

    Hi there, Im graduating college very soon with a biology degree and am still a little naive about the real world. I really like stock investing and think it may be one of my passions. I went to a briefing for a financial advisors business where they talke ...

    2 comments - 0 silver bananas - Jan 7 2014 - 9:51pm -

  23. Oppenheimer & Co Broker Trainee/ Financial Planner A Good Start?

    I graduated in 09 with a BA in Economics from Fordham with so-so grades- mainly because school bored me. I have a job interview next week at Oppenheimer & Co in NYC as a broker trainee /financial planner. I'm interested in being a broker/financia ...

    2 comments - 0 silver bananas - Jul 16 2010 - 7:56pm -

  24. Compensation For Internal Wholesaler Selling SMA's?

    New to the industry and I have an interview coming up with a Fee Only Financial Planning Firm in the Bay Area (10B AUM). I'd be an Internal Wholesaler assisting with the sale of SMA's / UMA's to their Channel Partners. What should I expect ...

    1 comment - 1 silver bananas - Apr 26 2019 - 1:41am -

  25. Institutional Trading Hong Kong- SMS Associates

    SMS Associates has built a team comprised of some of Asia's top talent. Our focus and unparalleled sales and trading expertise have created a powerful domestic and international distribution capability that has lead to a consistently high level of cl ...

    1 comment - 1 silver bananas - Feb 19 2019 - 2:37am -

  26. Student at Gettysburg College

    Great job. fweiohouaslfkajfo;absvldifak dfoisdfosd of; dso;fdso;fds;ofo;dfsdf;asdhfo;dshfo;asdho;fihasdoi;fahsod;fhoasdif financial advisor ...

    1 comment - 1 silver bananas - Jan 10 2019 - 6:15pm -

  27. How do I go from financial services to a hedge fund

    I need help. How do I go from being a financial advisor to a hedge fund career? I enjoy a lot of the benefits of being financial advisor but half of what I do is sales, and the other half is relationship building. My masters degree studies were predominan ...

    1 comment - 1 silver bananas - Dec 28 2018 - 8:04pm -

  28. Will AI-Powered Banking replace Financial Advisors/Wealth Managers?

    "You can apply the same principles to a bank account as a driver-less car" Here is an interesting article that talks about new uses for AI in consumer banking: In Canada, millions of people are handing over control of their money. Not to an expe ...

    1 comment - 1 silver bananas - May 22 2018 - 5:10pm -

  29. Best Financial Planner and Advisory Services | WiselyInvest

    Great information that you have shared. Very thankful to you! Financial Planning sounds really complicated and scary but in reality there can be nothing simpler. Though it requires a lot of time in researching and analysis, at Wisely Invest we make these ...

    1 comment - 1 silver bananas - Apr 30 2018 - 6:29am -

  30. Financial planning, CFP certification requirements?

    Is it really necessary to obtain a Bachelor's degree in order to become a certified financial planner? I have an associate degree in business. Are there any other ways to become a certified financial planner? certified financial planner financial adv ...

    - 0 silver bananas - May 27 2017 - 11:15pm -

  31. How do financial advisors handle their clients' transactions?

    I'm currently a senior at a big ten university, coming from a non-finance/accounting major. I've been thinking to myself how unprepared I'd be if I ever entered a more technical second round interview for an advisory type job interview. I&# ...

    1 comment - 0 silver bananas - Mar 21 2017 - 9:14pm -

  32. Wealth Management "Business Plan" Help

    Long time lurker here, need some help. I just had a first round for a wealth management / financial advisor position and they now require that I submit a written "business plan" that details how I will get clients. Obviously, I have heard of thi ...

    - 0 silver bananas - Jan 4 2012 - 7:35pm -

  33. ML (FA) Practice Management Development Program (PMDP)

    Financial Advisor Practice Management Development Program (PMDP) Merrill Lynch Global Wealth Management Trainee Does anyone have any insight on the interview process, salary, best way to attain position, or what the program is actually like once you get i ...

    1 comment - 1 silver bananas - Jun 11 2010 - 12:36am -