Looking to Join JP Morgan Chase

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Oct 30, 2006 3:21 pm

Would love any insight. 

Oct 30, 2006 4:16 pm
CashMoneyBrothe:

Would love any insight. 



Talking with a local branch manager and asking for an application would be a good start.

Oct 30, 2006 4:29 pm
Starka:
CashMoneyBrothe:

Would love any insight. 



Talking with a local branch manager and asking for an application would be a good start.



STARKA!  Come on, that's crazy-talk!


CMB, here's what you do: Click your heels together 3 times and say, "There's no firm like JP Morgan Chase" and POOF, you're in!


If that doesn't work you can always fall back on Starka's suggestion, but it seems a little far-fetched to me...

Oct 30, 2006 5:14 pm

All I can say is that the number of ex-chase related producers alive outnumber those currently in by about 15 to 1.


This is a conservative ratio.


What does this tell you? Please, don't start with the "15 gone were losers" and one winner left was a "winner" premise.


The paradox of the large banks is they want the short-term benefit of client-advisor relationships without any, and I mean any, professional expectations of advisors involved. That means you have zero professional account equity, no salary of meaning and you live moment to moment with the flavor of the day horrible management.


If you're smart you find another road to travel.









Oct 30, 2006 5:40 pm

I agree with Seeker.  It's a place where, historically, you see more ex-JP FAs than current.

Oct 30, 2006 6:18 pm

On the other hand there are very few names that convey the mental image of success like "J. P. Morgan."


Trust me, it's good to be able to hand out a business card that says JP Morgan when you're in the financial services business.


It is amusing to me how many people sneer about firms that they could not possibly be hired by.  They actually believe that carrying a business card that says, "Acme Financial Planning and Sewer Repair" is favorable to carrying a card that reads Merrill Lynch, or JP Morgan.


It is to laugh.

Oct 30, 2006 8:28 pm
Devil'sAdvocate:

On the other hand there are very few names that convey the mental image of success like "J. P. Morgan."


Trust me, it's good to be able to hand out a business card that says JP Morgan when you're in the financial services business.


It is amusing to me how many people sneer about firms that they could not possibly be hired by.  They actually believe that carrying a business card that says, "Acme Financial Planning and Sewer Repair" is favorable to carrying a card that reads Merrill Lynch, or JP Morgan.


It is to laugh.



That's because you are a fossil NASD Newbie and if not completly clueless at least 30 years behind the curve.


Most senior wirehouse producers over a drink envy independent producers no matter what they say to suck up to their managers directly.



Oct 30, 2006 9:32 pm

J.P. Morgan has an excellent ring to it. I've always liked the name. If
you've got the qualifications for J.P. Morgan than you should look into
perhaps Lehman Brothers too.

Oct 30, 2006 9:33 pm

Scratch that, look into Merrill Lynch.

Oct 30, 2006 9:39 pm
rook4123:

J.P. Morgan has an excellent ring to it. I've always liked the name. If you've got the qualifications for J.P. Morgan than you should look into perhaps Lehman Brothers too.


Lehman is an odd duck--their investment banking is respected, but that boiler room style shop at 55 Water Street really screwed up their brokerage reputation.

Oct 31, 2006 2:02 am
Devil'sAdvocate:

Lehman is an odd duck--their investment banking is respected, but that boiler room style shop at 55 Water Street really screwed up their brokerage reputation.



I agree. The banking and research are pretty top notch, but the brokerage arm has a very sleazy feel and a very weak offering in a "total wealth management" world. That "we aren't interested in your consumer banking business" line is pretty old now... Training program is a joke.

Oct 31, 2006 7:22 am
rook4123:

J.P. Morgan has an excellent ring to it. I've


You should always do what's best for yourself but if you want to get to why sweat shops are sweat shops with ready agents who learn little from others follow the above logic.


It's a high pressure, high cheat and brutal culture but the name has an "excellent ring"?



Nov 1, 2006 2:25 pm

Thanks guys for your insight, looking to join on the wholesaler/Treasury reltionship manager side, are most of you guys brokers?


CMB


"Am i my brothers keeper, YES I AM"