Why can't I get an interview? Help
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Just curious....I have sent my resume out to everyone (it seems). I have gotten a call from all of the big guys (UBS, ML, SB, MS) and have scheduled interviews. Haven't gotten a call from any Bank or Credit Union, except for Wachovia and that wasn't a FA position (Fin Specialist). Any suggestions on how I can get into the Bank Channel?
I really want to explore all avenues.
Thanks.
[quote=CCrider]
Just curious…I have sent my resume out to everyone (it seems). I have gotten a call from all of the big guys (UBS, ML, SB, MS) and have scheduled interviews. Haven’t gotten a call from any Bank or Credit Union, except for Wachovia and that wasn’t a FA position (Fin Specialist). Any suggestions on how I can get into the Bank Channel?
I really want to explore all avenues.
Thanks.
[/quote]Yeah...stop by your local bank branch and ask for an application.
If you have Bank of America anywhere nearby go there first....it sounds like they are in great need of fresh blood right now.
Are you serious about asking for an app? Also, I've heard all about Bank of Am. Don't think I'm interested in them.
[quote=CCrider]
Just curious…I have sent my resume out to
everyone (it seems). I have gotten a call from all of the big
guys (UBS, ML, SB, MS) and have scheduled interviews.
Haven’t gotten a call from any Bank or Credit Union, except for
Wachovia and that wasn’t a FA position (Fin Specialist). Any
suggestions on how I can get into the Bank Channel?
I really want to explore all avenues.
Thanks.
[/quote]What is your educational background/past work experience?
I knew I should have added that.
I came from the insurance side. 6 years. All licensed up. 7,65, L & H.
The atmosphere I am in is not conducive to being an FA. There is no way I will be able to take my career to where I want to go at an insurance agency (at least mine).
[quote=CCrider]
Just curious…I have sent my resume out to everyone
(it seems). I have gotten a call from all of the big guys (UBS, ML, SB, MS)
and have scheduled interviews. Haven’t gotten a call from any Bank or
Credit Union, except for Wachovia and that wasn’t a FA position (Fin
Specialist). Any suggestions on how I can get into the Bank Channel?
I really want to explore all avenues.
Thanks.
[/quote]Wait a minute…you’ve gotten invitations to interview with UBS, Merrill, SB
and Morgan Stanley and you’re thinking that you’d rather start out at a bank?
I’m sorry, but there’s something just a little bit off-center about that story.
It’s called being open minded. Everyone has opinions…I think I’ll form my own. AFTER I talk to everyone.
The reality is- if you obtain interviews with those 4 firms, you explore your options there. End of story- find the best fit, manager, etc, and sign on the dotted line.
The atmosphere I am in is not conducive to being an FA. There is no way I will be able to take my career to where I want to go at an insurance agency (at least mine).
I would not be so quick to rule out an insurance agency, but only if you can find the right fit. If you want to be a FA, insurance is going to often be a big part of the solution and you don't want this going through your grid.
Ex. Life insurance sale that pays $10,000 commission and $2,000 override. At an insurance agency, you'll make $12,000. At a wirehouse, only the $10,000 will hit the grid and at 30%, you'll make $3,000.
A decent producer will also get a payout of 80% of GDC.
[quote=anonymous]
The atmosphere I am in is not conducive to
being an FA. There is no way I will be able to take my career to
where I want to go at an insurance agency (at least mine).
I would not be so quick to rule out an insurance agency, but only if
you can find the right fit. If you want to be a FA, insurance is
going to often be a big part of the solution and you don't want this
going through your grid.[/quote]
Some insurance companies have a decent FA platform as well and usually have pretty decent (if expensive) proprietary funds.
I'd stick to insurance, as you will make more money with less aggravation. If I wasn't an RIA I'd be doing insurance.
What’s funny is all I hear is how great the big wirehouse guys are. Now you are telling me that insurance companies are the place to be. Whaz up?
CCrider - don’t make a decision until you’ve spoken with Corn County National Bank and Trust, out of Ames Iowa. I believe I saw a job posting out there for a bank president / teller / financial advisor position. Must have high school certificate and willing to relocate.
Dont' forget Edward Jones then while youre at it since you want to cover all your basis. I mean, why would anyone want to go to Merril or SB if they could go to EDJ or Amerprise. Heck why not look to other areas outside of the financial field also. Say for example, the 7-11 near you. Have you considered that? They may need a manager for the night shift or something.
I'm with Starka. This makes no sense.
[quote=CCrider]What’s funny is all I hear is how great the big
wirehouse guys are. Now you are telling me that insurance companies are
the place to be. Whaz up?[/quote]
Who besides the " big wirehouse guys" is saying how great the wirehouses are?
Insurance is more needed but less wanted than financial advising.
AllREIT, I been selling insurance for 5 freaking years. I know it is needed. Most of the public walks around underinsured. You are preachin to the choir.
Apprentice, I'll take the job at Corn County. I hear it's easy.
Indyone, didn't you start at a bank? Didn't that enable you to become...Indyone.
Starka, It ain't always about the money.
Malcom, fu.
There you go. End of discussion.
No, it isn't. You are wrong, period. It's about quality of life first, money second. If quality of life is great and money is great. Perfect. But, if you only focus on money...lifes ain't so good.
You seem like a smart guy. You know I'm right. But, go ahead...You can't post something that makes other people chuckle and think you are wise.