ML Internship

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Apr 4, 2006 8:13 pm

 Hey all,



Im interviewing soon for a summer internship with ML.  It's for a
local branch office so I assume all they do at that branch is financial
advising.  Originally I was looking at AMP and EJ since they are
pretty dominant in the city I live, but given their reputation on this
board Im thinking otherwise...



I have a few questions though about getting this internship and the
possibility that I could get offered a position at the end of it. 
Ive researched ML as well as downloaded the Vault's Guide to Finance
Interviews and Im studying up on that as well as what ever else they
could throw at me.  Is there anything else that would help me
prepare for this?  Whats the likelihood of getting a position
after internships like this?



Thank you to anyone who reponds..

Apr 4, 2006 8:18 pm

"Originally I was looking at AMP and EJ since they are pretty dominant in the city I live"


. Sorry, your city is a joke then.....

Apr 4, 2006 8:23 pm

Lol.... I dont actually know how dominant they are in terms of market
share or anything but they are dominant in recruiting recent college
grads ... And yes the school Im graduating from might be a joke then
and thats why Im seeking advice about getting into ML!  But so far
the people from ML at this office are alum of my school..

Apr 21, 2006 10:59 pm

I was an intern and ML. I was the coffee boy, and every FA saw each other as competition and hated one another. Working with AMP has been a great rewarding experience.

Apr 22, 2006 9:03 am
AMP84:

I was an intern and ML. I was the coffee boy, and every FA saw each other as competition and hated one another. Working with AMP has been a great rewarding experience.


You ain't seen nothing yet kiddo.  You have left the world's premier brokerage firm and joined the latest incarnation of a firm that failed as IDS and as American Express Financial Advisors.


Let's take that "see each other as competition" thread for a second.  It is true that most branches are run in such a way that the sales force is placed into competition with each other.


But it's not competition for the available clients, instead it's competition for standing in the office.  It's not unlike why runners do better when running with somebody else.

Apr 22, 2006 10:35 am

Who cares. I still love it there. More then I can say then "mother merrill"

Apr 22, 2006 11:05 am
AMP84:

Who cares. I still love it there. More then I can say then "mother merrill"


It's called being naive and you'll grow up eventually.


If your ideal prospect is a $40,000 per year kinda guy you're in the perfect place.


They can teach you, so learn.  But the "Gee Wiz this is a great place" is even less valid that the incredibly invalid, "Try RayJay, we're the best" that is tossed around by the another of the souls suffering from a double dose of Pollyanna.