Skip navigation

Best company to begin

or Register to post new content in the forum

 

Comments

  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
Aug 12, 2008 7:39 pm

Hi,

  Can I get some advice as to which company to apply?  I have a sales backrground, but not as a financial advisor, although I did sell P & C , and some Life insurance.  Which companies pay a base salary while you're getting started?  What is an average salary for the different companies?   Thanks.  
Aug 12, 2008 8:05 pm

William,


I would recommend talking to all of the companies in your area to learn about each and find out where you think you'd be the happiest.  Some of the firms you might look into are Edward Jones, Smith Barney, Merrill Lynch, UBS, Wachovia...  While each is different, all of those companies pay a base salary when you're starting out.
Aug 12, 2008 8:41 pm

I agree w/ Old Spice.  Make sure you look at or at least interview with several different places.  I made the mistake of applying to only one firm and several months later I decided that company was not the right fit.  Best thing you can do is interview with 4 or 5 different firms. 


Aug 13, 2008 1:57 pm

[quote=william] Hi,



Can I get some advice as to which company to apply? I have a sales backrground, but not as a financial advisor, although I did sell P & C , and some Life insurance. Which companies pay a base salary while you’re getting started? What is an average salary for the different companies? Thanks.

[/quote]



Jones- Everyone on this forum says they are the best place to start. That is where I am and unlike many on here - I don’t see myself leaving but anywho. That is the answer to the question you asked. Also, the only firm actually recruiting and not laying people off.



Miss J
Aug 13, 2008 2:25 pm

[quote=MISS JONES]
Jones- Everyone on this forum says they are the best place to start. That is where I am and unlike many on here - I don’t see myself leaving but anywho. That is the answer to the question you asked. Also, the only firm actually recruiting and not laying people off.



Miss J[/quote]
As much as I hate to disagree with the lovely Miss J, I would state for the record that:

1. Not everyone on this forum says EDJ is the best place to start. 
2. EDJ is not the only firm actually recruiting and not lying people off. 

I wholeheartedly agree with everything else you said though, Miss J.  

Aug 13, 2008 4:57 pm

Decided to take a position at ML. I rated the offers i recieved as:

  1)ML 2)EDJ 3)MS   These are specific to my area and could be different in another.   Side note: If i was transfering with AUM to another firm i would've gone to MS.
Aug 13, 2008 7:08 pm

[quote=Morphius]

[quote=MISS JONES] Jones- Everyone on this forum says they are the best place to start. That is where I am and unlike many on here - I don’t see myself leaving but anywho. That is the answer to the question you asked. Also, the only firm actually recruiting and not laying people off.



Miss J[/quote]As much as I hate to disagree with the lovely Miss J, I would state for the record that:1. Not everyone on this forum says EDJ is the best place to start. 2. EDJ is not the only firm actually recruiting and not lying people off. I wholeheartedly agree with everything else you said though, Miss J. [/quote]







I made the statement to get those on the forum going… guess it didn’t really work. Oh well, I am sure I can find something to get at people one of these days.



In all honesty - I love Jones.



Miss J

Aug 13, 2008 10:38 pm

Thank you, all for your replies, (RE: best place to start).

William