Smith Barney training back up

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Aug 18, 2008 6:47 pm

It is official that Smith Barney is backed up in terms of training.  I have been interviewing with Sb for the last few weeks and I was told last week that the Nov. class is full. 

Now, after interviewing with other wirehouses I can't see myself working for anyone other than SB.  The variety of products and services cant be beat, the culture fits my personality and I get along w/everyone in the office. 

Do I wait it out the rest of the year, dip into my savings and start w/SB next year??  Do I go to another wirehouse??  Is it possible to work in a SB office doing clerical until the next training class comes up??

I would appreciate some advice from others that have been in a similar situation or others that work for SB and know how the system works.  Feel free respond here or send me a private message. 

Aug 19, 2008 11:22 am

I never worked for SB, however my wife spent her formative training years there. SB is one of the best to work for and offers a top notch training program. Still, why not look around. All the wires offer good training. Or at least as good as it gets.

 
The most important factor isn't the name on the door, it's the manager of the office. A manager will make or break you. Your relationship with this person will be be the biggest outside factor contributing to your success.
 
Waiting is fraught with peril. What if SB cancels it's next training class? What if SB deselects you?
 
Dipping into savings tells us you are unemployed? If so, the longer the period of unemployment the more detrimental it is to your career options. Get moving now!
Aug 19, 2008 11:23 am
BondGuy:

I never worked for SB, however my wife spent her formative training years there. SB is one of the best to work for and offers a top notch training program. Still, why not look around. All the wires offer good training. Or at least as good as it gets.

 
The most important factor isn't the name on the door, it's the manager of the office. A manager will make or break you. Your relationship with this person will be be the biggest outside factor contributing to your success.
 
Waiting is fraught with peril. What if SB cancels it's next training class? What if SB deselects you?
 
Dipping into savings tells us you are unemployed? If so, the longer the period of unemployment the more detrimental it is to your career options. Get moving now!




What he said.

Aug 19, 2008 12:58 pm

Thanks for the advice.  I have interviewed with other firms and Wachovia is another firm that I am strongly considering.  Its funny that you mentioned the office manager because the BOM at Wachovia is a great guy.  He is a straight shooter, I feel very comfortable around him and I from what others have said in that particular office he is great with new trainees. 

Does anyone have any information in regards to the training program at Wachovia??  I know things have changed since they bought A.G. Edwards, but can anyone give me any specific information?

Thanks again!

Aug 19, 2008 1:32 pm

you might want to try another office in regards to SB .... I was told the same thing by a branch mgr a couple months ago, but I reached out yesterday to another one that had contacted me that is a little further in terms of a commute, and she told me it depends on the staffing needs of that particular office ... I have a meeting with her tomorrow...

 
so, if you have access to other offices in your area you might want to try to check them out ..
Aug 19, 2008 1:58 pm

NewFA08 - To wait may not be your best option. Unless you have a firm Offer in hand all you have is a.....nothing. Don't limit yourself to one Firm , perhaps another Firm may well be in the hiring mode and you would be months down the road before the " perhaps " start date with SB.

Move forward with a plan.
Aug 19, 2008 6:06 pm

if wachovia makes you a good offer Now, jump on it.  there are no guarantees that sb will hire you for the next training class(no matter what the manager tells you). besides if you do well at wachovia and still want to work at sb you can move your book down the road.

Aug 19, 2008 6:12 pm

If you like SB just make sure you actually get hired now (sign all the papers with them now) even though you'll be starting in several months.  I wouldn't wait on a promise that's not in writing.