I am in the finishing stages of applying for a job at merrill lynch.
Halfway through the process, the BOA deal was announced. I am scheduled
to have my final interview next week. The obvious question I have is
what will change for new hires like me? I've read the posts about
veteran brokers. But what about new hires? Will we operate under
Merrill's production goals? Will we be phased into a bank setting?
Anyone heard anything?
The big dogs are all talking to recruiters and managers elsewhere... some will stay, many will move. Big cultural changes are bound to occur there.
Sounds like my exact scenario. The end result was ML hiring was put on hold and no job for now. Could be just in my area, south Jersey. Let me know if you get hired please and good luck!
If the Bank of America acquisition of Merrill Lynch is similar to other acquisitions, I doubt BofA will make any drastic changes during the "Honeymood Period" as not to rustle too many feathers all at once. Give it 12 - 24 months I'd say.