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Bain & Company Hi everyone, This is an Associate from ZS Associates with ~2 YOE What skills/courses does someone need to become financial analyst in JPMC, MG, Moody's, MBBs and so on ? Or Just to enter as analyst in these firms ? ZS Associates JPMorgan Chase Morgan Stanley Bain & Company Goldman Sachs Moody's Corporation
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Thoughts on the new Chase Freedom Flex?
Bain & Company Hi everyone, This is an Associate from ZS Associates with ~2 YOE What skills/courses does someone need to become financial analyst in JPMC, MG, Moody's, MBBs and so on ? Or Just to enter as analyst in these firms ? ZS Associates JPMorgan Chase Morgan Stanley Bain & Company Goldman Sachs Moody's Corporation
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Anyone know what other fishbowls are like?
How much discretionary cash do you keep around?
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You do not want to become a licensed financial advisor. Once you have been one for a couple of years and decide that you do not like it anymore there will be very few exit opportunities. Try to apply for other positions in finance that requires FINRA series licenses, but at the same time will allow you to find job opportunities if you decide to switch companies. You do not want to be stuck or jobless because your area of specialization in finance has no or few exit opportunities.
Relationship Banker also try to get your MBA in Finance as well it will help you stay competitive even though there are a lot of MBA holders now.
I mean Fidelity, Charles Schwab, and Wells Fargo have great entry roles. You might have to start as a client services representative first, but it’s an easy market to join. Just make sure you like selling and hand holding because that’s all what advisors do for these clients. Client services will give you good insights on the daily activities, but like retail banking it’s a bunch of financially uneducated people angry and venting at you
Honestly, your best bet is just going on the careers site of all banks and most will have financial advising positions open. I’ve been looking to transition into that role as well and that’s what I’ve been doing. No luck yet though but treating it like a numbers game lol
I do not know why people want to be financial advisors. Instead of helping high net worth or ultra high net worth individuals become richer you need to be focused on making yourself rich and wealthy. If you are an expert in investments use that knowledge for yourself.
Like I said there are very few exit opportunities. In this economy being a financial advisor is risky.
You could always apply for Charles Schwab.
Try to apply for Wellsfargo as Relationship banker LP. Also if you want to show them that you are the right fit and you can obtain all the requested licenses. You should take the SIE exam since you don’t need a sponsor.
Maybe Vanguard. Mortgage banking in a call center environment is great training ground for the sales and relationship building skills needed to be a successful financial advisor. You may even find you like it enough to leave the call center grind to be a mortgage broker or work independently w a direct lender.