Smith Barney

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Mar 21, 2009 8:16 pm

 I am curious to know what others think about joining Smith Barney's FA program in the CURRENT environment. (Yes, I have used the "search" function, but I have not seen this topic addressed.) 

 
Do you believe that new FA's will be downsized shortly prior to the Morgan Stanley purchase? If you are currently here, what is your impression of the future environment?
 
Thank you in advance for comments.
Mar 23, 2009 11:35 pm

Are you sure SB is even willing to hire you? I heard the only newbies they're hiring are the ones affiliated with a team.

Mar 24, 2009 8:35 pm

OS-Yes, it would be on a team.

 
(Thanks to all for the PM's on this topic: much appreciated.)
Mar 24, 2009 11:11 pm

Sounds good. I think MSSB is going to be a great company. Good luck!

Apr 1, 2009 2:18 pm

I am being invited to interview with SB.  I hear they have teams to work with BUT they have a three week training program in New Jersey.  EEK!  That's a long time away from your family if you are a parent and head of household.

Apr 1, 2009 2:23 pm

It's only a 2 week program, but your right, be prepared to spend all day at the training office.  Only get one day off for the 2 week training.  Typically leave the hotel at 6 am and get back around 7-8 pm.  Good luck!!

Apr 1, 2009 6:43 pm

Family is very important it can never be discounted. But if you want a career in this business badly enough, then 2 weeks is not a big sacrifice for the kind of life you can make for your family and yourself if you are one of the minority who is successful in this business.
If you dont feel that way, then you shouldnt come into the business. Because you will make plenty more sacrifices along the way if you want to make it.

Apr 1, 2009 6:45 pm

You're right, 2 weeks it too long to be away from a family. Give them my card, I don't have a family and work like a machine. Trust me, you'll thank me later. 

Apr 1, 2009 8:40 pm

Has anyone heard if the program will be revamped with the merger? One of my firm's trainees (Wachovia) who was let go was offered a position. Will SB retain their platform, or will it be merged into the MS model. He is scheduled to attend training in May and is concerned that they will cancel the classes as ML did.