Financial Advisor Interview

I have a background in finance, and I am very interested in Financial planning. I don't know if it's good to start my career as a financial advisor.

The interview will last for about 30mins. what questions do I expected to be asked? will the interviewer ask me a lot of behavioral questions? what kind of behavioral questions will they ask?

I do not mean to discourage you but usually the hiring in the industry is a long process. Certain companies would not even do the interview without filling out an assessment test as well as some math questions. Others meet with you first and then test you. Anyway I would expect at least three interviews. Most companies would ask you to present a business plan. In general, the first interview would be an overview of the company and then some questions about you, your background,affiliations with different organizations and of course why you would like to work for that particular firm. If you show energy and real passion you will do great. I went through the whole process a bunch of times and I got hired everywhere I applied. I had to go back for 5 interviews with a particular company and some of them were 2-4 hours long. Wish you best of luck!

2008-08-25 12:52:25 by Shine L

Arlyn Tiong-Tan of Sunlife Financial was interviewed at ANC Shop Talk about her career as a financial advisor. She shared insights on the rewards ...

I have a interview at a junior college for a Financial Aid Advisor role. I have never worked in the Education sector, but I have 15 years of experience in the Automotive Sector. Can someone give me some questions that I should ask that targets this role.

I don't need general interview questions.

Some of these might help:
•What will be my responsibilities?
•Where will I fit into the overall organization?
•Who will I report to?
•Where does he/she fit in the structure?
•Who will report to me?
•How experienced are they?
•What do you expect me to do in the first 6 months?
•What level of performance do you expect from me?
•What training do you provide?
•When will you decide on the appointment?
•What is the next step?

2009-06-04 10:37:25 by sherilasvegas

Price: $85.00

I do not have a background in business or finance. But i do hold a ba degree. Would this be a wise career choice? What qualities does a financial firm look for? I was approached by their marketing dir. and they wanted me to come in for an interview.

A financial adviser is a professional who renders investment advice and financial planning services to individuals and businesses. Ideally, the financial adviser helps the client maximize their net worth by proper asset allocation.
It is the financial adviser's duty to determine the clients' goals and risk tolerance and then to recommend appropriate investments. The longer time horizon to achieve the goal, the more the adviser would be able recommend more volatile investments with potentially greater risks and rewards. Such investments include direct investment in stocks/shares or through collective investment schemes such as mutual funds, unit trusts or investment trusts
Please keep in mind the above objectives, find out the the financial requirements of the company and please answer questions based on the above parameters.
You can tell them that you can offer your suggestions only when you have a full financial picture of the company vis-a-vis their requirements !

2008-02-01 18:03:13 by DL400

Price: $9.95 $9.95

I'm sort of new to the business, but do have sales background. I'm sure it'll be demanding, but is there actually a good base salary involved? Or is it pure commission? Thanks everyone!
Any word on what the base salary would be? Is it worth it? I don't have any offers elsewhere, although I did apply for Edward Jones, and Raymond James elsewhere. Currently in central Ohio. Thanks!

As a trainee, you will get a (pretty low) base salary. But, the base salary phases out as your training progresses.

If you go to UBS, they will try to match their base salary to what you are currently making. For instance, before I started at UBS, I was already making pretty good money in another organization. So, they paid up to half of my salary as base salary for being a FA in their company, which was pretty good.

But, I don' t think MS has a program like that.

2008-03-31 11:01:53 by phantom5251

we are interviewing financial advisors to help us invest about 250k in mostly cash some stocks/mutual funds. what is a reasonable fee to expect to be charged on an account of this small size by a fee-only financial advisor? is it worth it?

Let me give you some advice, that i believe will prove useful. First off, insist that the financial advisor give you several different options for your money.

They love to put their clients into mutual funds because that is where they make their highest commissions. The truth is, about 75% of all mutual funds under perform the market. All of them have management fees and some have sales loads. They just aren't that good of an investment vehicle anymore. In my opinion.

I would look at DRIP Plans (which I personally love) instead of mutual funds. Or look at ETF's, which are basically the same thing as mutual funds, except with lower overall average fees.

Just insist that they give you many options, and pay attention to how strong he pushes you toward mutual funds.

Best of Luck

2008-03-31 15:15:30 by lisashopping2003