I'm in the need of advice.
Making transition back to financial services.
Started with the Equiutable in 1993 right out of college as RR. I did a 4 year stint before washing out at age 25. Loved it but didn't have the network and/or strong client base to sustain. Plus I made a move the South after relationship with girlfriend ended.
Took a position with very high end insurance advisory firm as a corporate account manager. Managed 73 client accounts on a support basis..not a producer. Mostly NQDC, COLI, Split $$, SERP's, etc...I did this for about 5 years.
Since then, I owned a small business in the construction industry for the last 11 years. Somewhat succesful but closed business a few months ago.
I really want to get back in the financial services industry and have been interviewing the past two months. I need advice on direction. I'll give you all some of the details of the companies I talked to:
Morgan Stanley - no response to resume
ML - no response to resume
Wells fargo - no response to resume
Ameriprise - had trouble with the cog exam (keep timing out before getting to the right answer...3 minutes).
Securian Advisors - going back for 2nd interview next week
Waddell & Reed - had third interview today. was told I need to do 3M in 6 months. No hire unless I can convince them of that.
Capstone Financial - three interviews and they now want me to do a MDI and list 200 contacts and do 10 market interviews. No support but highly leverenged payout on Mass Mutual products.
First Investors - job offered and have to let them know by this Friday ($850 bi-weekly and 12.5% commission until I reach 15K in FYC (if done in 6mths then 6K bonus) then off support and full comm around 50%)
21st Century Financial - 2nd interview and 3rd scheduled next week.
I know I'm getting to a point with all these companies where they want to know how many clients I can funnel in immediately through "natural market".
Problem is that the current offer on table needs response by Friday. Tried to push it off to see other possible offers.
Any thoughts would be helpful.