Morgan Stanley

What is the name of the company that does the background check? I understand that it is done through a 3rd party?? I want to know if they could hurry things up!

Just go offered a position at Morgan Stanley and I wanted to know how long does the background check take???

[quote=BUDDYROSE][quote=BUDDYROSE]Just go offered a position at Morgan Stanley and I wanted to know how long does the background check take????[/quote] [/quote]

Often the background checks are not performed until you actually accept a position and pass the exams.

Why do you care?

[quote=NASD Newbie]

[quote=BUDDYROSE][quote=BUDDYROSE]Just go offered a position at Morgan Stanley and I wanted to know how long does the background check take???[/quote] [/quote]

Often the background checks are not performed until you actually accept a position and pass the exams.

Why do you care?

[quote=NASD Newbie]

[quote=BUDDYROSE][quote=BUDDYROSE]Just go offered a position at Morgan Stanley and I wanted to know how long does the background check take????[/quote] [/quote]

Often the background checks are not performed until you actually accept a position and pass the exams.

Why do you care?

[/quote]

Because he's anxious to get started, you moron.

[quote=NOBRAKES] [quote=NASD Newbie]

[quote=BUDDYROSE][quote=BUDDYROSE]Just go offered a position at Morgan Stanley and I wanted to know how long does the background check take????[/quote] [/quote]

Often the background checks are not performed until you actually accept a position and pass the exams.

Why do you care?

[/quote]
Because I have already accepted the offer and I wanted to know how long does the process take?
[/quote]

Why are you using two different names?  BUDDYROSE and NOBRAKES?

If you've accepted the offer you should be at work now.  It can take weeks, even months, to run your fingerprints.

[quote=NASD Newbie][quote=NOBRAKES] [quote=NASD Newbie]

[quote=BUDDYROSE][quote=BUDDYROSE]Just go offered a position at Morgan Stanley and I wanted to know how long does the background check take????[/quote] [/quote]

Often the background checks are not performed until you actually accept a position and pass the exams.

Why do you care?

[/quote]
Because I have already accepted the offer and I wanted to know how long does the process take?
[/quote]

Why are you using two different names?  BUDDYROSE and NOBRAKES?

If you've accepted the offer you should be at work now.  It can take weeks, even months, to run your fingerprints.

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[quote=joedabrkr]yeah!  why in the WORLD would ANYONE use more than one screen name?  Outrageous!![/quote]

I'm not sure who to talk to on this thread:

buddyrose, nobrakes or put trader

I'm so confused.

I didnt know I was using someonelses name? I am using a public computer at a University. Sorry! I dont think its that big of a deal!

Don’t worry about it, BUDDYROSE.  It’s only a big deal to that pimple called NASD Newbie.  It’s the only way available to him to feel superior.

Ok, well now since we’ve cleared that up does anyone know the name of the company that does the background searches for MS?? just because its been three weeks!

I know it’s not what you want to hear, but these things take time.  I really don’t think you can help the situation by trying to force it, so just sit back and enjoy the ride!

[quote=Registered Rep]

I’m not sure who to talk to on this thread:

buddyrose, nobrakes or put trader

I'm so confused.

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[quote=BUDDYROSE]

I didnt know I was using someonelses name? I am using a public computer at a University. Sorry! I dont think its that big of a deal!

[/quote]

That computer signed into the Registered Rep magazine's forums all by itself?

I would have sworn that you'd have to put in a user name and password--you should report it to some agency or something.

Ask the Branch Manager when he/she thinks you will be cleared to start.  Ask the question you want the answer to, from the correct person.  Rule #1.

How many of you were offered the job, then told you’d have to wait several days or weeks while your background was checked?

[quote=NASD Newbie]How many of you were offered the job, then told you'd have to wait several days or weeks while your background was checked?[/quote]

If I recall correctly, I was offered the job & told that my background check would take about six weeks, In the meantime they gave me a stack of  books to study the series 7.  Bottom line is, if you're waiting around for a background check...sounds like they're hanging you out for whatever reasons.

[quote=Registered Rep]

[quote=NASD Newbie]How many of you were offered the job, then told you'd have to wait several days or weeks while your background was checked?[/quote]

If I recall correctly, I was offered the job & told that my background check would take about six weeks, In the meantime they gave me a stack of  books to study the series 7.  Bottom line is, if you're waiting around for a background check...sounds like they're hanging you out for whatever reasons.

[/quote]

I agree.  There was a Seinfeld episode once where George was convinced that he was going to get a job because the employer said they were keeping his resume on file.

The employer--in this case Morgan Stanley--is running the risk of losing a desireable hire if they don't formalize it and have the new employee start coming to the office while the various checks are being done.

Does desireable look right to me?

No it doesn't.

As long as you have disclosed everything up front that you may be concerned about showing up on the check, you should be completely fine.  However, if you have failed to mention things because you felt like it's not their business or it won't really matter, you may have a rude awakening when they say they wont keep that kind of liability on board.  Just make sure the Manager does not have to discover your unpleasant past without him hearing it from you first.  Usually if you nip it in the bud it won't be an issue (as long as you haven't killed anyone), but it does look very bad if you seem to have misrepresented yourself.  <?:namespace prefix = o ns = "urn:schemas-microsoft-com:office:office" />

Also, everyone in this position should realize that they are not the only one with a DWI or possession of pot or threw a pumpkin off a bridge when they were in college.  None of those issues are the end of the world (some employers may be more strict than others) but they should be disclosed so they hear it from you instead of the NASD when your Series 7 or 6 or whatever comes through. 

[quote=baylorjoyce1]

As long as you have disclosed everything up front that you may be concerned about showing up on the check, you should be completely fine.  However, if you have failed to mention things because you felt like it's not their business or it won't really matter, you may have a rude awakening when they say they wont keep that kind of liability on board.  Just make sure the Manager does not have to discover your unpleasant past without him hearing it from you first.  Usually if you nip it in the bud it won't be an issue (as long as you haven't killed anyone), but it does look very bad if you seem to have misrepresented yourself.  <?:namespace prefix = o ns = "urn:schemas-microsoft-com:office:office" />

Also, everyone in this position should realize that they are not the only one with a DWI or possession of pot or threw a pumpkin off a bridge when they were in college.  None of those issues are the end of the world (some employers may be more strict than others) but they should be disclosed so they hear it from you instead of the NASD when your Series 7 or 6 or whatever comes through. 

[/quote]

DWI and possession of pot are normally felonies--you cannot be licensed if you have a felony conviction within the previous ten years.

I dont have a criminal record, maybe a one or two speeding tickets. Thats about as bad as it gets for my record.

DWI is a misdemeanor for the first 2 offenses (class B the first offense, class A for the second).

Possession of pot is a misdemeanor as long as it is less than 4 oz's. 

These are the laws for my state. 

[quote=baylorjoyce1]

DWI is a misdemeanor for the first 2 offenses (class B the first offense, class A for the second).

Possession of pot is a misdemeanor as long as it is less than 4 oz's. 

These are the laws for my state. 

[/quote]

Which is Texas, I believe.  I grew up out there, it was once legal to drive and drink as long as you were not drunk--and you could kill your wife if you found her in bed with another man.

Not all states have laws as lenient as Texas.

[quote=BUDDYROSE]Just go offered a position at Morgan Stanley and I wanted to know how long does the background check take????[/quote]

BUDDYROSE- are you the same guy that was praising Recruitingace for hooking you up with Smith Barney interview?

[quote=Rugby]

[quote=BUDDYROSE]Just go offered a position at Morgan Stanley and I wanted to know how long does the background check take????[/quote]

BUDDYROSE- are you the same guy that was praising Recruitingace for hooking you up with Smith Barney interview?

[/quote]

No that was somebody using the public computer at some university.

…busted…

[quote=NASD Newbie][quote=baylorjoyce1]

DWI is a misdemeanor for the first 2 offenses (class B the first offense, class A for the second).

Possession of pot is a misdemeanor as long as it is less than 4 oz's. 

These are the laws for my state. 

[/quote]

Which is Texas, I believe.  I grew up out there, it was once legal to drive and drink as long as you were not drunk--and you could kill your wife if you found her in bed with another man.

Not all states have laws as lenient as Texas.

[/quote]

Generally, pot posession under 1 oz. is a misdemeanor (I can not think of an exception in the US).  DWI's are a different story.  I think first offense is a misdemeanor as long as there aren't related charges (i.e. vehicular (SP?) manslaughter or some form of propery damage).  NASD, as much as it hurts to say, seems to have this topic covered well.

[quote=entrylevelFA][quote=NASD Newbie][quote=baylorjoyce1]

DWI is a misdemeanor for the first 2 offenses (class B the first offense, class A for the second).

Possession of pot is a misdemeanor as long as it is less than 4 oz's. 

These are the laws for my state. 

[/quote]

Which is Texas, I believe.  I grew up out there, it was once legal to drive and drink as long as you were not drunk--and you could kill your wife if you found her in bed with another man.

Not all states have laws as lenient as Texas.

[/quote]

Generally, pot posession under 1 oz. is a misdemeanor (I can not think of an exception in the US).  DWI's are a different story.  I think first offense is a misdemeanor as long as there aren't related charges (i.e. vehicular (SP?) manslaughter or some form of propery damage).  NASD, as much as it hurts to say, seems to have this topic covered well.

[/quote]

Sounds like a jailhouse lawyer.

The recruiter for Morgan Stanley called me in for an interview. Just curious as to how the interview process works with them. I know some companies do a group interview first and then they put you through career assessment exams and so on.

Thanks!

In my experience, preparation for these interviews is like virtually any other interview I’ve had in other career fields - certainly no more difficult.  Brush up on fractions and decimals before the exams and emphasize your fascination with prospecting and selling to HNW individuals/business owners.

Morgan Stanley will not provide you with anything until your background check is complete.  Chances are, your MS branch will though. Speak with the Branch Manager as someone already said.  They will know more specifically when the average background check is usually completed (mine took only a few days @ MS). 

Then I would suggest asking for anything you can get your hands on now to get a head start. Chances are they have a year old Series 7 book lying around and the managers should appreciate your effort.  They might NOT give you this material until after you pass the background check (as they did with me), but I would guess your start date will still be a week or two behind the completion of your background check. Plenty of time to get a head start. Good luck.