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Financial Advisor Training At Morgan Stanley


McGraw-Hill

Financial Advisor


Best Practices for Equity Research Analysts: Essentials for Buy-Side and Sell-Side Analysts

James J. Valentine (Hardcover) McGraw-Hill 2010-12-13


Price: $85.00

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Financial Advisor Career...seeking guidance?

I'm just out of college, and currently looking strongly into a career as a Financial Advisor. Ideally I'm looking for a non-cut-throat environment where the culture is honest and focused on helping clients as much as themselves...Having said that, this is a sales career where hard work and high pay go hand in hand, and there is a lot of competition. Naturally, each company I look at is claiming to be 'the best' for starting such a career, but it seems you probably won't know the truth until you're actually working for one of them. To sum up, I was wondering what specific companies people may have had experience with...bigger names out there include Smith Barney, Morgan Stanley, etc. One company that seems to be geared more towards selling insurance rather than investing is Northwestern Mutual. My major concerns are environment (as friendly and relaxed as possible), support/training, opportunity for advancement, career-outlook, compensation, etc. Thank you for any and all advice.


Morgan Stanley is probably your best best.

MetroImma NYC Event!


President - Wealth Management Investment Management Specialist/Financial Advisor Morgan Stanley Smith Barney (Kosher dietary rules will be ...

Financial Advisor Career...seeking guidence?

I'm just out of college, and currently looking strongly into a career as a Financial Advisor. Ideally I'm looking for a non-cut-throat environment where the culture is honest and focused on helping clients as much as themselves...Having said that, this is a sales career where hard work and high pay go hand in hand, and there is a lot of competition. Naturally, each company I look at is claiming to be 'the best' for starting such a career, but it seems you probably won't know the truth until you're actually working for one of them. To sum up, I was wondering what specific companies people may have had experience with...bigger names out there include Smith Barney, Morgan Stanley, etc. One company that seems to be geared more towards selling insurance rather than investing is Northwestern Mutual. My major concerns are environment (as friendly and relaxed as possible), support/training, opportunity for advancement, career-outlook, compensation, etc. Thank you for any and all advice.


i am also looking for this career.. wat qualifications do u need???

For Obama supporters, read and tell me what you think?



September 30, 2008 12:00 AM
Guilty Party
ACORN, Obama, and the mortgage mess.

By Mona Charen

The financial markets were teetering on the edge of an abyss last week. The secretary of the Treasury was literally on his knees begging the speaker of the House not to sabotage the bailout bill. The crash of falling banks made the earth tremble. The Republican presidential candidate suspended his campaign to deal with the crisis. And amid all this, the Democrats in Congress managed to find time to slip language into the bailout legislation that would provide a dandy little slush fund for ACORN.

ACORN stands for the Association of Community Organizations for Reform Now, a busy hive of left-wing agitation and “direct action” that claims chapters in 50 cities and 100,000 dues-paying members. ACORN is where Sixties leftovers who couldn’t get tenure at universities wound up. That the bill-writing Democrats remembered their pet clients during such an emergency speaks volumes. This attempted gift to ACORN (stripped out of the bill after outraged howls from Republicans) demonstrates how little Democrats understand about what caused the mess we’re in.

ACORN does many things under the umbrella of “community organizing.” They agitate for higher minimum wages, attempt to thwart school reform, try to unionize welfare workers (that is, those welfare recipients who are obliged to work in exchange for benefits) and organize voter registration efforts (always for Democrats, of course). Because they are on the side of righteousness and justice, they aren’t especially fastidious about their methods. In 2006, for example, ACORN registered 1,800 new voters in Washington. The only trouble was, with the exception of six, all of the names submitted were fake. The secretary of state called it the “worst case of election fraud in our state’s history.” As Fox News reported: “The ACORN workers told state investigators that they went to the Seattle public library, sat at a table and filled out the voter registration forms. They made up names, addresses, and Social Security numbers and in some cases plucked names from the phone book. One worker said it was a lot of hard work making up all those names and another said he would sit at home, smoke marijuana and fill out the forms.”

ACORN explained that this was an “isolated” incident, yet similar stories have been reported in Missouri, Michigan, Ohio, and Colorado — all swing states, by the way. ACORN members have been prosecuted for voter fraud in a number of states. (See www.rottenacorn.com.) Their philosophy seems to be that everyone deserves the right to vote, whether legal or illegal, living or dead.

ACORN recognized very early the opportunity presented by the Community Reinvestment Act (CRA) of 1977. As Stanley Kurtz has reported, ACORN proudly touted “affirmative action” lending and pressured banks to make subprime loans. Madeline Talbott, a Chicago ACORN leader, boasted of “dragging banks kicking and screaming” into dubious loans. And, as Sol Stern reported in City Journal, ACORN also found a remunerative niche as an “advisor” to banks seeking regulatory approval. “Thus we have J.P. Morgan & Co., the legatee of the man who once symbolized for many all that was supposedly evil about American capitalism, suddenly donating hundreds of thousands of dollars to ACORN.” Is this a great country or what? As conservative community activist Robert Woodson put it, “The same corporations that pay ransom to Jesse Jackson and Al Sharpton pay ransom to ACORN.”

ACORN attracted Barack Obama in his youthful community organizing days. Madeline Talbott hired him to train her staff — the very people who would later descend on Chicago’s banks as CRA shakedown artists. The Democratic nominee later funneled money to the group through the Woods Fund, on whose board he sat, and through the Chicago Annenberg Challenge, ditto. Obama was not just sympathetic — he was an ACORN fellow traveler.

Now you could make the case that before 2008, well-intentioned people were simply unaware of what their agitation on behalf of non-credit-worthy borrowers could lead to. But now? With the whole financial world and possibly the world economy trembling and cracking like a cement building in an earthquake, Democrats continue to try to fund their friends at ACORN? And, unashamed, they then trot out to the TV cameras to declare “the party is over” for Wall Street (Nancy Pelosi)? The party should be over for the Democrats who brought us to this pass. If Obama wins, it means hiring an arsonist to fight a fire


For Julie, I did bother to read it and McCain didn't receive any money from that and Keating went to jail. McCain admits it was wrong and is now a big reformer for doing the right thing. Obama is a part of this FM, and FM deal and you don't want to see the truth. Will the press admit that Obama is in the scandal, probably not because they are so stuck on him being "the Messiah" that they are wearing blinders.


wow---too bad republicans can't cast multiple votes also.-----the DNC and associates just keep getting dirtier---nothing could surprise us anymore they could do.

Do you know any Obama History before the Senate?

Have you seen some of what he was doing before he was voted into the Senate?
For educational purposes for non-believers:
ACORN, Obama, and the Mortgage Mess

By Mona Charen

The financial markets were teetering on the edge of an abyss last week. The
secretary of the Treasury was literally on his knees begging the speaker of
the House not to sabotage the bailout bill. The crash of falling banks made
the earth tremble. The Republican presidential candidate suspended his
campaign to deal with the crisis. And amid all this, the Democrats in
Congress managed to find time to slip language into the bailout legislation
that would provide a dandy little slush fund for ACORN.

ACORN stands for the Association of Community Organizations for Reform Now,
a busy hive of left-wing agitation and "direct action" that claims chapters
in 50 cities and 100,000 dues-paying members. ACORN is where Sixties
leftovers who couldn't get tenure at universities wound up. That the
bill-writing Democrats remembered their pet clients during such an emergency
speaks volumes. This attempted gift to ACORN (stripped out of the bill after
outraged howls from Republicans) demonstrates how little Democrats
understand about what caused the mess we're in.

ACORN does many things under the umbrella of "community organizing." They
agitate for higher minimum wages, attempt to thwart school reform, try to
unionize welfare workers (that is, those welfare recipients who are obliged
to work in exchange for benefits) and organize voter registration efforts
(always for Democrats, of course). Because they are on the side of
righteousness and justice, they aren't especially fastidious about their
methods. In 2006, for example, ACORN registered 1,800 new voters in
Washington. The only trouble was, with the exception of six, all of the
names submitted were fake. The secretary of state called it the "worst case
of election fraud in our state's history." As Fox News reported:

"The ACORN workers told state investigators that they went to the Seattle
public library, sat at a table and filled out the voter registration forms.
They made up names, addresses, and Social Security numbers and in some cases
plucked names from the phone book. One worker said it was a lot of hard work
making up all those names and another said he would sit at home, smoke
marijuana and fill out the forms."

ACORN explained that this was an "isolated" incident, yet similar stories
have been reported in Missouri, Michigan, Ohio, and Colorado -- all swing
states, by the way. ACORN members have been prosecuted for voter fraud in a
number of states. (See <file:///\\www.rottenacorn.com> www.rottenacorn.com
.) Their philosophy seems to be that everyone deserves the right to vote,
whether legal or illegal, living or dead.

ACORN recognized very early the opportunity presented by the Community
Reinvestment Act (CRA) of 1977. As Stanley Kurtz has reported, ACORN proudly
touted "affirmative action" lending and pressured banks to make subprime
loans. Madeline Talbott, a Chicago ACORN leader, boasted of "dragging banks
kicking and screaming" into dubious loans. And, as Sol Stern reported in
City Journal, ACORN also found a remunerative niche as an "advisor" to banks
seeking regulatory approval. "Thus we have J.P. Morgan & Co., the legatee of
the man who once symbolized for many all that was supposedly evil about
American capitalism, suddenly donating hundreds of thousands of dollars to
ACORN." Is this a great country or what? As conservative community activist
Robert Woodson put it, "The same corporations that pay ransom to Jesse
Jackson and Al Sharpton pay ransom to ACORN."

ACORN attracted Barack Obama in his youthful community organizing days.
Madeline Talbott hired him to train her staff -- the very people who would
later descend on Chicago's banks as CRA shakedown artists. The Democratic
nominee later funneled money to the group through the Woods Fund, on whose
board he sat, and through the Chicago Annenberg Challenge, ditto. Obama was
not just sympathetic -- he was an ACORN fellow traveler.

Now you could make the case that before 2008, well-intentioned people were
simply unaware of what their agitation on behalf of non-credit-worthy
borrowers could lead to. But now? With the whole financial world and
possibly the world economy trembling and cracking like a cement building in
an earthquake, Democrats continue to try to fund their friends at ACORN?
And, unashamed, they then trot out to the TV cameras to declare "the party
is over" for Wall Street (Nancy Pelosi)? The party should be over for the
Democrats who brought us to this pass. If Obama wins, it means hiring an
arsonist to fight a fire.


Oh he was doing plenty and not just smoking a joint.

Read his senate record that may shock you. A great number of his proposals are strictly for the blacks.

More here
http://obamawtf.blogspot.com/2008/02/is- obama-talking-parrot.html

Financial Advisor Career...seeking guidance?

I'm just out of college, and currently looking strongly into a career as a Financial Advisor. Ideally I'm looking for a non-cut-throat environment where the culture is honest and focused on helping clients as much as themselves...Having said that, this is a sales career where hard work and high pay go hand in hand, and there is a lot of competition. Naturally, each company I look at is claiming to be 'the best' for starting such a career, but it seems you probably won't know the truth until you're actually working for one of them. To sum up, I was wondering what specific companies people may have had experience with...bigger names out there include Smith Barney, Morgan Stanley, etc. One company that seems to be geared more towards selling insurance rather than investing is Northwestern Mutual. My major concerns are environment (as friendly and relaxed as possible), support/training, opportunity for advancement, career-outlook, compensation, etc. Thank you for any and all advice.


well done you answered your own question........good luck with the company seeking..... congrats for finishing college...


Merrill Lynch Building Up Broker-Training Program

(Dow Jones) Bank of America Corp.'s Merrill Lynch plans to inject some new blood into its brokerage force with hundreds of rookies this year. 

With a new head of its financial advisor-training program, Practice Management Development, or PMD, Merrill is ramping up its pipeline for new talent, amid a potential boost in its overall broker headcount. 


The Financial Times has reported that Bank of America is targeting a 2,000-broker increase at Merrill's thundering herd of 15,000 advisors. Such a boost would bring Merrill closer to its main rival, Morgan Stanley Smith Barney, which boasts some 18,100 advisors. 


A Merrill Lynch spokeswoman declined to comment specifically on the reported plan to increase Merrill's broker count, saying "the bulk of our investments in our business are in capabilities for clients and existing advisors." She added that the firm looks to "add quality advisors and bankers, in particular through our training program."

...

Read more...

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