EDJ vs MS vs ? for NEWBS

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May 14, 2008 11:05 pm

I know EDJ has an excellent training program and they take people with little to no experience financial/degree wise which is what makes them stick out in my mind, plus the fact that I am already going through the interview process.

 
Just wondering does any other company offer this also though, where they pay you for training and dont require a bachelors degree or yearsss of sales experience? I am only 22 and have had the same job since I was 18, I am a District Manager for a retail chain and manage 5 stores/online website (Worked my way up from sales associate) So I do show progessive salary advancement and have boosted sales etc at my stores but its far from a commission/sales job.
 
I noticed MS is hiring in my area (DFW TX) but their website says bachelor's degree required or equivalent experience..wondering if there's any point in trying or if I should just stick with pursuing EDJ?
 
I'm not looking for an EDJ bashing contest etc etc..just wondering what other options I should consider for a Newb that could pave my way to a rewarding career down the line. I am VERY interested in the market and have been actively researching and even dabbling in the trading aspect via TradeKing online for a while now so it is a commitment I want to get right and get the most out of.
 
TIA
 
 
May 14, 2008 11:08 pm

Even where it says degree or experience required, it's still worth a shot.  The worst that can happen is they say no. 


Good luck!
May 14, 2008 11:22 pm

True, I guess I should atleast fill out the APP for MS online aswell, can't hurt...just wasn't sure if there were any others I should look for. I know Smith Barney was hiring in my area...but with all thats going on with Citi I'm not sure if that will be a well trusted firm in the near future with new clients?

May 15, 2008 11:37 pm
iceco1d:

Smith Barney is going to be a "well trusted" firm in the future. 

 
Please delete that "I've been trading on TradeKing!" chit out of your head for any future interviews or discussions with managers, it will do you no good.  You won't be "researching stocks" or "managing money" - you will be bringing in clients with money, someone else will be managing it. 
 
If you want to get hired, be bold, be aggressive, and stand out.  When you get hired, get your licenses, get trained, and get producing. 
 
Settle down..never said I was going to bring up TradeKing to them and definately not my clients. Just reinforcing my interest in the Markets in general. One of the best ways to learn is hands on and thats what TradeKing offers in a certain aspect. You wouldn't want someone advising you on real estate that had never bought or sold a house would you? It helps to know what you're talking about for the few smart clients who ask...would be great to tell your client "well I cant answer that because I dont bother researching the stocks you invest in since I dont manage it"...im sure they'll be back
 
Your last sentence paragraph is 100% true though...
May 16, 2008 5:54 pm
iceco1d:

My whole post was true, WTF are you talking about?

 
Your middle part..no Maybe about Smith Barney you're right as well, dont really care about that though. Your middle rant is both unwarranted and a little assinine if you want my oppinion. What you basically said was don't do any research on the investments you offer because you wont be managing their account? Think about how ignorant and stupid that sounds...do you  buy a car from someone who knows nothing about the car or the longevity of it? I sure hope not. Just becase someone is a Sales-man does not mean all they need to know is how to sell. That only works on uniformed and stupid people.
 
Have you NEVER had a client ask you about a particular investment and why they should pick it? If so do you tell them, "call my firms analysts because I'm just a salesman and wont be managing your money".