Smith Barney Recruiter

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Aug 3, 2006 4:59 pm

I have been licensed for only five months thinking
that
getting an interview with smith barney would take six years experience
and
100 million AUM. The saying “its not what you know, its who know” still
applies
here. I know Art Romero (RecruitingAce) which made a big difference in
my interivew with Smith Barney. If anyone has interest in working
at SB than get in touch with Art Romero. I couldnt have gotten this far
with out his help!


Aug 3, 2006 5:10 pm
NOBRAKES:

I have been licensed for only five months thinking that getting an interview with smith barney would take six years experience and 100 million AUM. The saying “its not what you know, its who know” still applies here. I know Art Romero (RecruitingAce) which made a big difference in my interivew with Smith Barney. If anyone has interest in working at SB than get in touch with Art Romero. I couldnt have gotten this far with out his help!




He even got Brutus an interview with the Park Avenue branch.  The guy can work wonders.


Brutus is working on his business plan right now--he's focusing on travel agents.

Aug 3, 2006 5:58 pm

do you even have a job? 

Aug 3, 2006 7:04 pm
NOBRAKES:

I have been licensed for only five months thinking that getting an interview with smith barney would take six years experience and 100 million AUM. The saying “its not what you know, its who know” still applies here. I know Art Romero (RecruitingAce) which made a big difference in my interivew with Smith Barney. If anyone has interest in working at SB than get in touch with Art Romero. I couldnt have gotten this far with out his help!


NOBRAKES-  Can you clarify this?  Did Art get you a job at SB or an interview at SB?  If you landed the job, let the board know how you are progressing through their training program.  


Whether you landed the job or are still interviewing, best of luck.  


Aug 3, 2006 7:15 pm

Smith Barney- Big deal! They'll take anyone who breaths and eats as well. They're no different than any other firm, just trying to throw mud at a wall to see what sticks.

Aug 3, 2006 7:22 pm
ezmoney:

Smith Barney- Big deal! They'll take anyone who breaths and eats as well. They're no different than any other firm, just trying to throw mud at a wall to see what sticks.



For those who are seeking information--that is complete bullschidt being spewed by a guy who can't get out of the bank channel.


Smith Barney is among the most selective wirehouses--they hire about one out of every 700 resumes they review.

Aug 3, 2006 8:37 pm
NASD Newbie:
ezmoney:

Smith Barney- Big deal! They'll take anyone who breaths and eats as
well. They're no different than any other firm, just trying to throw
mud at a wall to see what sticks.


For those who are seeking information--that is complete bullschidt being spewed by a guy who can't get out of the bank channel.


Smith Barney is among the most selective wirehouses--they hire about one out of every 700 resumes they review.





I am not sure about the 1 in 700, but they are selective and a fine firm.

Aug 3, 2006 9:27 pm

I know this is self-serving, but I'll say it anyway, more in defense of NOBRAKES than for the purpose of tooting my own horn.


NOBRAKES is one of the most motivated and well-qualified candidates I have met in my three years of recruiting.  The guy showed up with a business plan that would put most EXPERIENCED brokers to shame.  He has, without a doubt, shown Smith Barney that he has the kind of work-ethic and track record of success required bythem to get hired.  And his networks are as solid as they come.  How many of you will be inheriting a 100 million dollar book of business from your uncle in three years??  


Because of his strengths, Merrill has offered him a position after only three interviews, and Morgan Stanley after only one.  Although Smith Barney is EXTREMELY selective, it looks as of though they will be making him an offer next week as well.


And here's the whole point of his initial post.  Because of a minor glitch in his resume, Smith Barney would never have considered him for an interview.. (and here comes the self-serving part), but because of my strong relationship with Smith Barney, I was able to get him into the interview process when he would have otherwise been ignored.  


Please proceed to flame as I have my kevlar suit on and ready for action!


Aug 3, 2006 9:32 pm
RecruitingAce:

  He has, without a doubt, shown Smith Barney that he has the kind of work-ethic and track record of success required bythem to get hired.  And his networks are as solid as they come.  How many of you will be inheriting a 100 million dollar book of business from your uncle in three years??  


Because of his strengths, Merrill has offered him a position after only three interviews, and Morgan Stanley after only one.  Although Smith Barney is EXTREMELY selective, it looks as of though they will be making him an offer next week as well.



What does this mean?  Is NOBRAKES inheriting a large book (100mm) from his uncle?   If that is the case, this recruiting process should be on auto-pilot.  No pun intended.

Aug 3, 2006 9:33 pm

And Newbie -


I don't waste my time with "Brutus.' "  My time is way too valuable, as is my reputation with Smith Barney.


However, if you are looking for a good travel agent I'm sure I can oblige!  


Aug 3, 2006 9:37 pm

Rugby -


Exactly.  Yes, he was an easy placement (assuming he gets placed next week).  Again, the point being that sometimes you need a good recruiter to get you in the front door!  And that applies to ALL recruiters, and not just me!


Aug 3, 2006 9:48 pm
RecruitingAce:

Rugby -


Exactly.  Yes, he was an easy placement (assuming he gets placed next week).  Again, the point being that sometimes you need a good recruiter to get you in the front door!  And that applies to ALL recruiters, and not just me!




Art-  Sorry, but something doesn't seem right with this placement. 


You're telling us the big producing uncle couldn't get him placed at his firm?  This guy is inheriting a big book, but couldn't get his foot in the door?  It took ML (3) interviews to give him a slot?  He's three short years away from 100mm aum? 


I wish him the best, but these circumstances seem unusual and "too good to be true". 

Aug 3, 2006 10:16 pm

A guy's going to inherit a $100 million book from his uncle? I'm
surprised he wasn't offered a large signing bonus. NOBRAKES  call
me before you sign, let me see what kind of package I can put together
for you.

Aug 3, 2006 10:25 pm

OKAY -


To Clarify.   Forget the 100M.   It had nothing to do with him making a solid impression.  In fact, they didn't even know about it until further along in his interview process, and only because I mentioned it to them as a strong possibility - and not anything guaranteed!


NOBRAKES is a solid candidate for all the other reasons that I mentioned.  Having the "potential" to inherit a book is simply icing on the cake, and again, nothing they knew about until AFTER they were thoroughly impressed with him.


THE POINT is that Smith Barney would never have been interested in meeting with him because their process is very restrictive.  A recruiter can get you in the front door where you belong if you are a good candidate.  If he wasn't a strong candidate, I would never have bothered.


THAT IS THE POINT OF THIS THREAD.


So if you are new to this process and looking to get on with a wirehouse that is difficult to get in the door with, use a GOOD recruiter!!   And I blow this horn from the top of the Himalayas for ALL good recruiters.  Use them!


Aug 3, 2006 10:27 pm

Rugby -


The big producing uncle works for a mediocre firm.   No offense NOBRAKES...    That is why he didn't even bother to apply with them.


Why play for the Cleveland Indians when you can play for the Red Sox (or the Yankees, or the...)


You see my point.

Aug 3, 2006 10:29 pm

Art-  OK.  Pressure is on you though to get him placed.  Sort of like A-Rod needing to put the wiffle ball over the fence with my 6 year old son pitching.


Keep us posted.

Aug 4, 2006 1:23 am

Too much.


Say what you want about Smith Barney- their success rate is no better than any other firm. They certainly have much to offer a rep as far as platform, comp, name brand, etc.


This candidate is still a rookie.  Doesn't mean he can't/won't succeed but that is another story altogether.  Still, that 100 million book won't "magically" transfer over.  Believe me.

Aug 4, 2006 6:05 am
The Judge:

Too much.


Say what you want about Smith Barney- their success rate is no better than any other firm. They certainly have much to offer a rep as far as platform, comp, name brand, etc.


This candidate is still a rookie.  Doesn't mean he can't/won't succeed but that is another story altogether.  Still, that 100 million book won't "magically" transfer over.  Believe me.



Not only will it not magically transfer over, it may up and leave.


Books being handed down from father to son have a pretty good success ratio.  Father to daughter is more problematic due to built in bias towards women in this industry.


Uncle to nephew will appear to be a gimmick to a lot of people and the fallout could be even worse than what is experienced in such transfers among unrelated people.


People are funny about their money.

Aug 4, 2006 8:37 am

B.S. !! They were interested in me when I was with Jones with only 13 mill aum. Selective my a$$!

Aug 4, 2006 8:40 am
ezmoney:

B.S. !! They were interested in me when I was with Jones with only 13 mill aum. Selective my a$$!


Don't confuse being interviewed with being interested in you.