Working Financial Advisor Morgan Stanley

What's the lowdown? I've heard many things now, they've had problems in the past, some say they are great to work for, some say if you don't produce you're gone. I'm currently in the Central Ohio area, working at a Barnes and Noble on a below poverty salary. I have an interview with Morgan Stanley for a financial advisor trainee position. Should I go through with it? What's the base salary? Some say low, some say hi? Thanks guys and gals! It's much appreciated!

No idea what the base is, but you are right, if you do not produce you are out. But if you do produce you will make a ton. Isn't that how it should be? They had a little problem in the past with the CEO and Board fighting, but they are in great shape now. Lehman, Goldman and Morgan Stanley are the top 3 to work for now.

If you are willing to work hard, then go through with it, if not, can you get me a discount on a 2020 B&N calendar (you should be there when it comes out)

2008-04-01 15:08:29 by phantom5251

Morgan Stanley Smith Barney Financial Advisor Mark Curtis on Bloomberg discussing the merger between Morgan Stanley and Smith Barney.

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.

2007-06-29 08:46:06 by Mr. S

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???

2007-06-28 23:41:30 by Mr. S

I graduated from The University of Pittsburgh with a Degree in Economics wanting to solve everyone's financial problems. After finding out that being a successful adviser has nothing to do with your knowledge of economics or securities I have decided to look elsewhere for a rewarding career. I worked for Morgan Stanley and NatCity Investments in my short 4 year career and am now trying to figure out other positions that utilize the same knowledge but without the sales aspect. Any suggestions would be great!

Try Vanguard in Valley Forge. They are a great company to do business with and don't sell. They don't have to.

2008-09-20 14:40:30 by TMan

I have a Series 7 & Series 66 & the Life/Disability License. I am currently registered and employed at Morgan Stanley and have been working there for about 5 years. I have a good book of business and would like to start my own business, as a financial advisor.

How do i go independent and start my own business? Who will then hold my licenses? I always thought I had to be registered with a firm, which registers me w/ the NASD. Is there an exam out of all the Series exam i must pass to go independent?

Please advise, thanks!

You can be an independent financial advisor under the "umbrella" of the Edward Jones Corp They will give you additional training then help you set up your own business under their name. You have your own clients...plus the reputation of the Edward Jones group...best of both worlds

2007-07-18 00:33:08 by Miss Yahoo