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Best way to get hired at Merrill Lynch

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Jun 26, 2007 6:13 pm

Try not to mention your GPA

Jun 27, 2007 4:29 pm

I would agree not to mention your GPA. I was 22 when I dropped my resume off at the local Merrill branch. After not hearing from the manager for a week I called and actually got to talk to him. He told me in a very smug tone that my GPA was to low and that there was little on my resume that would prove I could ever be successful in HIS business. Three years and 28 mil AUM later I was introduced to him in person at a golf outing where I gladly shared the story with him. The look on his face was priceless.

My point being...do your best to get hired on, but don't be afraid to explore more realistic options. If you build reputable book of business you'll be able to interview them in a few years, or you can be working for yourself like alot of people choose to do. Best of Luck

Jun 27, 2007 4:40 pm

[quote=apex01]

I would agree not to mention your GPA. I was 22 when I dropped my resume off at the local Merrill branch. After not hearing from the manager for a week I called and actually got to talk to him. He told me in a very smug tone that my GPA was to low and that there was little on my resume that would prove I could ever be successful in HIS business. Three years and 28 mil AUM later I was introduced to him in person at a golf outing where I gladly shared the story with him. The look on his face was priceless.

My point being...do your best to get hired on, but don't be afraid to explore more realistic options. If you build reputable book of business you'll be able to interview them in a few years, or you can be working for yourself like alot of people choose to do. Best of Luck

[/quote]

Great story, but I would say you were the exception rather than the rule.  A GPA below 2.0?  Ugly.  Honestly, unless a student was working full time or dedicated to an athletic team, there is no excuse.  That GPA shows me someone who is medicore and satisfied with being so.

Jun 27, 2007 6:32 pm

[quote=vbrainy][quote=apex01]

I would agree not to mention your GPA. I was 22 when I dropped my resume off at the local Merrill branch. After not hearing from the manager for a week I called and actually got to talk to him. He told me in a very smug tone that my GPA was to low and that there was little on my resume that would prove I could ever be successful in HIS business. Three years and 28 mil AUM later I was introduced to him in person at a golf outing where I gladly shared the story with him. The look on his face was priceless.

My point being...do your best to get hired on, but don't be afraid to explore more realistic options. If you build reputable book of business you'll be able to interview them in a few years, or you can be working for yourself like alot of people choose to do. Best of Luck

[/quote]

Great story, but I would say you were the exception rather than the rule.  A GPA below 2.0?  Ugly.  Honestly, unless a student was working full time or dedicated to an athletic team, there is no excuse.  That GPA shows me someone who is medicore and satisfied with being so.

[/quote]

I would agree and not that this matters but for the sake of my ego my GPA was around 3.10 if I remember correctly. I have hired a couple interns the past few summers and I see GPA's around 2.0-2.5 all the time when reviewing resumes and it tells me the same thing you stated, however, depending on an individuals situation I think there are exceptions, however, it is far from a rule.

Jun 27, 2007 11:14 pm

From the very beginning of college I knew I wanted to be an advisor, work at the best firm, and wanted to have the HNW individuals as my clients.  This is how I did it;  I went to college kept my grades decent, worked all 6 years (paid for 75% myself), got my MBA.  Went into sales for 2 years, while I was working 50 hours a week at my sales job, went and applied for a holeinthewall regional firm.  They took me on, I had to pay for my own S7 + S66 material and test fees, I studied after work every night passed my test.  Then I got VERY lucky and the holeinthewall regional shut down the branch, so I was fully licensed with no tainted brokerage training and still working my sales job when I called the ML branch manager and told him my story.  He called me in for an interview and told me that he has never seen anyone work a full time job and pass the 7 and 66 in 3 months.  He said that if I want it that bad and am willing to work that hard for it I will be very successful at Merrill Lynch and hired me.  Been here about six months and am already jumping hurdles. 

Thats just how I did it there are a 100 ways in the door, point is you gotta get in, and once you get in it's just the beginning.   

Jun 27, 2007 11:57 pm

[quote=BullBroker]

From the very beginning of college I knew I wanted to be an advisor, work at the best firm, and wanted to have the HNW individuals as my clients.  This is how I did it;  I went to college kept my grades decent, worked all 6 years (paid for 75% myself), got my MBA.  Went into sales for 2 years, while I was working 50 hours a week at my sales job, went and applied for a holeinthewall regional firm.  They took me on, I had to pay for my own S7 + S66 material and test fees, I studied after work every night passed my test.  Then I got VERY lucky and the holeinthewall regional shut down the branch, so I was fully licensed with no tainted brokerage training and still working my sales job when I called the ML branch manager and told him my story.  He called me in for an interview and told me that he has never seen anyone work a full time job and pass the 7 and 66 in 3 months.  He said that if I want it that bad and am willing to work that hard for it I will be very successful at Merrill Lynch and hired me.  Been here about six months and am already jumping hurdles. 

Thats just how I did it there are a 100 ways in the door, point is you gotta get in, and once you get in it's just the beginning.   

[/quote]

According to your previous posts you started on March 25th, which would mean three months not six. Does that mean you are running into hurdles and not jumping them? Sorry I had to call you out but it's just so easy to use the search button on this site.

Jun 28, 2007 12:06 am

[quote=BullBroker]

From the very beginning of college I knew I wanted to be an advisor, work at the best firm, and wanted to have the HNW individuals as my clients.  This is how I did it;  I went to college kept my grades decent, worked all 6 years (paid for 75% myself), got my MBA.  Went into sales for 2 years, while I was working 50 hours a week at my sales job, went and applied for a holeinthewall regional firm.  They took me on, I had to pay for my own S7 + S66 material and test fees, I studied after work every night passed my test.  Then I got VERY lucky and the holeinthewall regional shut down the branch, so I was fully licensed with no tainted brokerage training and still working my sales job when I called the ML branch manager and told him my story.  He called me in for an interview and told me that he has never seen anyone work a full time job and pass the 7 and 66 in 3 months.  He said that if I want it that bad and am willing to work that hard for it I will be very successful at Merrill Lynch and hired me.  Been here about six months and am already jumping hurdles. 

Thats just how I did it there are a 100 ways in the door, point is you gotta get in, and once you get in it's just the beginning.   

[/quote]

Man is it easy to poke holes in your stories. Back in March you only had a "Bachelors in Economics." Merrill was probably most impressed with your ability to obtain an MBA in three months, at this rate you should be Master of the Universe by the end of 07.

Jun 28, 2007 4:17 am

[quote=12345][quote=BullBroker]

From the very beginning of college I knew I wanted to be an advisor, work at the best firm, and wanted to have the HNW individuals as my clients.  This is how I did it;  I went to college kept my grades decent, worked all 6 years (paid for 75% myself), got my MBA.  Went into sales for 2 years, while I was working 50 hours a week at my sales job, went and applied for a holeinthewall regional firm.  They took me on, I had to pay for my own S7 + S66 material and test fees, I studied after work every night passed my test.  Then I got VERY lucky and the holeinthewall regional shut down the branch, so I was fully licensed with no tainted brokerage training and still working my sales job when I called the ML branch manager and told him my story.  He called me in for an interview and told me that he has never seen anyone work a full time job and pass the 7 and 66 in 3 months.  He said that if I want it that bad and am willing to work that hard for it I will be very successful at Merrill Lynch and hired me.  Been here about six months and am already jumping hurdles. 

Thats just how I did it there are a 100 ways in the door, point is you gotta get in, and once you get in it's just the beginning.   

[/quote]

Man is it easy to poke holes in your stories. Back in March you only had a "Bachelors in Economics." Merrill was probably most impressed with your ability to obtain an MBA in three months, at this rate you should be Master of the Universe by the end of 07.

[/quote]

Instead of taking my normal approach and start bashing you.  I am simply going to say that I am very flattered you took the time to reread all of my post, and am very sorry that you wasted your time trying to discredit me.  As far as how long I have been here all I will say is that when I got (hired/started getting paid) and the time I actually got in the office are not the same date.  It takes the NASD a while to pull your licenses from another broker, so I couldn't "work out of the office" until my licenses were cleared, but I was still getting paid and was a part of the firm.  So I won't hold that one against you, because you didn't really know you just assumed.  As far as the MBA I believe Joe Dabrkr has already told me my MBA was worthless in this business.  I said I have a bachelors degree in economics, I never said I did not have a MBA.  I can see how you could assume that though, so I won't hold anything against you.  Why don't you spend your time more productively, instead of wasting your time on an internet forum trying to discredit people?

Jun 28, 2007 9:22 am

[quote=BullBroker][quote=12345][quote=BullBroker]

From the very beginning of college I knew I wanted to be an advisor, work at the best firm, and wanted to have the HNW individuals as my clients.  This is how I did it;  I went to college kept my grades decent, worked all 6 years (paid for 75% myself), got my MBA.  Went into sales for 2 years, while I was working 50 hours a week at my sales job, went and applied for a holeinthewall regional firm.  They took me on, I had to pay for my own S7 + S66 material and test fees, I studied after work every night passed my test.  Then I got VERY lucky and the holeinthewall regional shut down the branch, so I was fully licensed with no tainted brokerage training and still working my sales job when I called the ML branch manager and told him my story.  He called me in for an interview and told me that he has never seen anyone work a full time job and pass the 7 and 66 in 3 months.  He said that if I want it that bad and am willing to work that hard for it I will be very successful at Merrill Lynch and hired me.  Been here about six months and am already jumping hurdles. 

Thats just how I did it there are a 100 ways in the door, point is you gotta get in, and once you get in it's just the beginning.   

[/quote]

Man is it easy to poke holes in your stories. Back in March you only had a "Bachelors in Economics." Merrill was probably most impressed with your ability to obtain an MBA in three months, at this rate you should be Master of the Universe by the end of 07.

[/quote]

Instead of taking my normal approach and start bashing you.  I am simply going to say that I am very flattered you took the time to reread all of my post, and am very sorry that you wasted your time trying to discredit me.  As far as how long I have been here all I will say is that when I got (hired/started getting paid) and the time I actually got in the office are not the same date.  It takes the NASD a while to pull your licenses from another broker, so I couldn't "work out of the office" until my licenses were cleared, but I was still getting paid and was a part of the firm.  So I won't hold that one against you, because you didn't really know you just assumed.  As far as the MBA I believe Joe Dabrkr has already told me my MBA was worthless in this business.  I said I have a bachelors degree in economics, I never said I did not have a MBA.  I can see how you could assume that though, so I won't hold anything against you.  Why don't you spend your time more productively, instead of wasting your time on an internet forum trying to discredit people?

[/quote]

Wow, you've grown up a lot in three months. Three months ago you would have thrown a temper tantrum in response to my posts. Either way it is clear that your skin is getting a lot thicker. Now I will go find something productive to do.