Wanting to get into the business

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Mar 2, 2007 3:40 am

Hi everyone:


I'm new to the forum, but I just graduated from college and I want to join an investment firm.  So far, I haven't had much luck getting hired, but I was called by First Investors for an interview, I know nothing of this company.  All I get when I google them is their own website, can anyone fill me in on this company?  Are they good to work for?


Thanks!
Harhab

Mar 2, 2007 3:50 am

Never mind!  I did a search on this website and found several good reasons not to go to the interview, thanks!

Mar 2, 2007 10:16 am
Harhab:

Hi everyone:


I'm new to the forum, but I just graduated from college and I want to join an investment firm.  So far, I haven't had much luck getting hired, but I was called by First Investors for an interview, I know nothing of this company.  All I get when I google them is their own website, can anyone fill me in on this company?  Are they good to work for?


Thanks!
Harhab



For a newly minted college grad I would recommend one of two avenues into the business. In no particular order, first, get yourself hired on as part of a team at a wire house or major financial planning practice. Spending time learning how it's done will help you form your own business plan and give you a ton of insight into what it takes to to make it in this biz. Seeing all the working parts will be time well spent, regardless of how much you are paid. However, it may be very difficult to get hired onto a team , even in  a minor roll. So, avenue number two, get a sales job. Doesn't matter whether it's selling Toyota's or 737's, just be good at it. Bag sales people do very well in this business. A bag sales person is anyone who pulls a bag(case) behind them while making sales calls. Think copier sales etc. The experience you gain doing this will be priceless. It will teach you how to deal with people. It may also show that sales is not for you. Regardless, any job worth doing is worth doing well, so do it well. Keep all of your sales reports, awards, bonus info, etc in a folio. Three, four, or five years from now start to interview with the major brokerage firms. Pull out the folio to show the BOM your record of success. Additionally, don't move from firm to firm during this time. A long term record at one firm will read better. Lastly, keep your nose clean. I mean that figuratively as well as literally. Your out of college now, no more effing around. Even a DUI could, and most likely will, disqualify you.