Mssb final interview

Seriously you shouldn’t be concerned with tuition reimbursement, cellphone or computer… All you are going to be doing is making contacts…



Tuition Reimbursement??? WTF?? Go teach 3rd grade public school

Seriously you shouldn’t be concerned with tuition reimbursement, cellphone or computer… All you are going to be doing is making contacts…

Tuition Reimbursement??? WTF?? Go teach 3rd grade public school

You are a regular comedian...wanted to know about a laptop and cell because I plan on working more than the standard hours...I want the ability to work anywhere.  Also regarding the tuition reimbursement, I apologize for having ambition to get my MBA and I would prefer to go to an expensive school locally.  I want them to pay for it.  It makes sense in my opinion.  Thank you though for the valuable feedback it is greatly appreciated.

Newrep

If you want a cell phone, car, and tuition reimbursement I would suggest being a pharma rep. Pharma reps also get a car and a credit card for expenses. In this business you need two things: A list of names and a phone. That’s it.  The MBA, in my opinion,  is not necessary.

You will get a salary, medical and dental benefits, and there is a decent 401k. That’s it. The rest is up to you. In this business you are entitled to nothing. You will earn everything you get. To quote judge smails, “you will get nothing and like it!” This is the best business in the world because you will be rewarded for the effort you put in.

HAHA…Thank you, finally some intelligent responses.  I would never say any of that to the complex manager.  I was just curious how it works.  I agree completely with you guys, it makes complete sense.  I can’t wait to get through this last step of the process.  Thank you very much for the insight.

ML does give a cell phone discount, 8000k a year in tuition reimbersement and will pay up to 105k towards  an executive MBA.

bullinchinashop, are you sure ml will pay up to 105k for an e mba?

Citi-Morg will hire him. It looks like he is breathing and able to fog a mirror.  

Citi-Morg will hire him. It looks like he is breathing and able to fog a mirror.  

ML does that?  I wonder if MSSB does...  I realize it won't matter for awhile and I will need to produce for this to be considered. 

Took me 6 weeks to get hired.  Interviewed with the BM once and that was it.  Already have my 7 & 66 so maybe it a different process.  Background check took 5 weeks.  Have not met the  complex manager.

That’s crazy…I met the BM once for an actual interview then spoke with him a few times regarding the position and my business plan.  The background check took a couple of days and then they set up the interview with the complex manager.  That meeting is this week.  I’m hoping they let me know when I meet him.  I’m tired of this.  I just want to know…I turned down one position in hopes of getting this one.

I think it depends what side you are on. Had a friend interview with MSSB, interviewed with BM, then BM and some HR guy, then BM again for an offer… ML was different he interviewed with BM, then didn’t have to interview with complex manager… But the MSSB was old MS office…thinks it makes a difference.

Well it’s the SB side. 

This process does take awhile!  I expect to get an offer this week, as I just sent over 2008 income info for them to formulate an offer.  I think it is pretty interesting that I haven’t even met with the BM or higher yet?  I know quite a few brokers within the office and I had a good meeting with the Asst BM.  Should be interesting??  What salary offers have you guys heard of recently?

What kind of milestones & the time frame did they give you?   

I need to pull in over 30 million in 3 years. 

I’ve heard salaries generally start at 40 k but it depends on experience, etc.

Wow, 30 AUM in 3 years!  That’s kickin’ butt!  My business plan calls for 30-35 by year 4…maybe it’s different in each region of the US??

Well it’s 20 - 30 million.  I would like to surpass 30 million though.

They pay 75-100 percent of previous full year income, up to you to negotiate.

Dont forget to ask about how much vacation time you get, bm’s love that

Vacation - Oh I plan on it!  Pay - 75-100% of last year huh…this should be interesting!

I’m going to let them tell me how much vacation time.  I’m going to negotiate around 60 K hopefully.

It’s D Day.  Any advice for this last interview?  I doubt they will let me know today but I will soon find out if I get my dream job or have to settle for a job I don’t want with another company I don’t want to work for.  Stressful stuff…

They pay 75-100 percent of previous full year income, up to you to negotiate.

You are a regular comedian…wanted to know about a laptop and cell because I plan on working more than the standard hours…I want the ability to work anywhere. Also regarding the tuition reimbursement, I apologize for having ambition to get my MBA and I would prefer to go to an expensive school locally. I want them to pay for it. It makes sense in my opinion. Thank you though for the valuable feedback it is greatly appreciated.

Wow, 30 AUM in 3 years! That’s kickin’ butt! My business plan calls for 30-35 by year 4…maybe it’s different in each region of the US??

Of course they didn’t tell me whether I got it…he said he made around 40-60 K worth of cold calls his first few years.  I hope I can cold call but also find other ways to get business.

[quote=Squash1] [quote=NewRep17]

You are a regular comedian...wanted to know about a laptop and cell because I plan on working more than the standard hours...I want the ability to work anywhere.  Also regarding the tuition reimbursement, I apologize for having ambition to get my MBA and I would prefer to go to an expensive school locally.  I want them to pay for it.  It makes sense in my opinion.  Thank you though for the valuable feedback it is greatly appreciated.

I’m going to let them tell me how much vacation time.  I’m going to negotiate around 60 K hopefully.

I hate to quote boiler room, but some of that stuff isn’t as far off as it seems.

Thanks but those questions were just that questions. I was curious how it works, if there were any other benefits. I’m not worried about making it.

I thought this portion of this website was for newbies to ask questions.  I figured they wouldn’t pay for that stuff but I didn’t know.  Simple question.  I don’t have any disillusions about how difficult it will be to make it.  I also know that I probably won’t have time to get my CFP or MBA until at least after year 3.  I appreciate the bashing but you still have failed to discourage me.  I have a big network and I have already laid the groundwork to get referrals and immediate business.  I will have a Sr. Partner and I know what it will take.  I will probably have to cold call 2-4 hours per day, try to set at least 1 meeting per day, and try to make 30 contacts per day.  I also know if I can land a few solid 401 K’s I’ll be fine.  I thought I read on here that people fail at MSSB due to laziness, complaining it’s too difficult, not calling when available to call, working 50 hours, etc.  I also thought I read that the MSSB qualifiers aren’t as difficult to attain.  Moreover, I plan on working 7 am to 7-9 pm EVERYDAY, and 4-6 hours on the weekends.  As I said, I’m not concerned, I won’t be in the 80% who fails. 

Well - I just got hired!  I’ll be in the Nov 9th starting class.  Salary is decent, Bene’s are great, even got that unpopular time off that was discussed!  If they see that you are truly a potential asset to the company, time off is no problem!  Just make sure that you’re in Teir 1!  Good luck NewRep17

hey there ringiton!  Now that you have an offer letter in hand, how about you run down what that looks like?  I think those in process would find it quite interesting and anyone considering MSSB would certainly find it useful.

I think he/she enough identifible information.

The complex manager said I had to speak to one other person more than likely over the phone.  I just don’t get it though…I mean the BM likes me, the CM likes me, what is the hold up?  I need to speak to this other guy but is there going to be any other hurdles?  Any other assessments?  Any other tests?  I mean it’s been going on for 5-6 weeks, I just want an offer and get it done.  I think they rarely hire people, I don’t they’ve hired anyone in the last year or possibly longer.  Any insight would be appreciated…I’m in the Chicago area if that matters or not.

Let us know how you make out with that.

Anyone want to interprit for the Irish dude…

NewRep…Pm’d you.  Hopefully that will help you fill in some blanks

bringiton, what was your starting salary? any relatively recent hires with MSSB are welcomed answer the question as well. Trying to figure out what I should ask for.