Hey guys, I am anticipating being let go from ML, in the next 30 days after reciving a warning letter today.
My question is that if I am let go what happens on my U4?
My reasoning for being let go, is being able to apply for unemployment benifits, because if you leave on your own then your case for these benifits becomes shaky.
I've realized that financial advising isn't for me and I'm going back to school for a Masters in Financial Engineering, I'm more of an analytical person.
After my Masters I am looking at working as a quant trader or analyst. I won't be doing anything related to sales or financial advising.
However will my U4 follow me to the firms that I apply to after I graduate the program?
Will being terminated for lack of production work against me when applying for these types of jobs?
I really need the unemployment benifits while I go to school in the evening, and I plan on looking for work during the day.
But until I find work, I still need to pay my bills and thats why unemployment benefits are very important to me.
Should I resign on my own to protect my U4, or be let go to have a better shot at getting these benefits.