I have been a CA for about 2 years with a great team at Merrill Lynch . Looking to get my feet wet as an advisor but don’t have a network who can reach the $250+ threshold. A recruiter from JP Morgan reached out for a role that is like an entry level FA. All Working remotely. Should I consider interviewing? Any idea on the difference in pay, culture etc between Merrill and JPMC? Thanks!

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At this point there are a ton of similarities if you were to become a new FA at ML or JPM. At ML depending on the program they put you in, for say the first 12-24 months (it’s usually around 18) you’d work in the MESD (Merrill Edge Self Directed) channel with leads from the Bank Channel to try and build a book and pipeline of clients that you can transition with you when you graduate up to a full blown FA. The only other way would be to be hired into the current team you’re on in another role. Since ML is a “work from office” culture company, don’t expect any remote roles at this point… that might change after the recent survey & follow up email they sent, but it appears to be a work in progress.

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Thank you for a thorough response! I don’t know many people at JPM. The mfsa route is what I think I would move into for a training program.

What’s the specific role at JPM? Business line?

The job posting says “Wealth management National branch- Financial Advisor- remote”

What’s the pay difference between the two?

Sure

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