Smith Barney Interview

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Feb 26, 2007 9:38 am

I'm interviewing at SB on Thursday -- any feedback on SB and on interviewing in general? Been out of the business for about a decade.

Feb 26, 2007 10:08 am
successmagnet:

I'm interviewing at SB on Thursday -- any feedback on SB and on interviewing in general? Been out of the business for about a decade.



What I know about SB is that they have a very intense training program...more intense that the other wirehouses.  Whether or not it's better is another story.

SB also has recently changed it payout schedule, making it one of the least attractive on the street.

Finally, in regards to interviewing, firms are looking for motivated self-starters who can gather assets.  From the firms' point of view, they are looking for salespeople.  Nothing more, nothing less.

Feb 27, 2007 2:03 am



SB also has recently changed it payout schedule, making it one of the least attractive on the street.


Actually, the comp changes that were written about (on this site and others) do not affect those who are in their first five years of production (trainees).  The trainee payout has been SIGNIFICANTLY enhanced.  You can now earn $125K in deferred comp (versus the old program $45K).  Also, the FULL salary has been stretched out to 24 months plus an additional 6 months of salary fade out.  MOST important, you can earn commission from day one of production.  No other wirehouse matches that combination for trainees.

Mar 20, 2007 5:58 pm

What type of training salary are they offering you?