I am leaving Edward Jones after 8 months with the firm. Knocking on doors in The DC Metro area just plain doesn't work. Not to mention the office I am in has not been updated since the early 90's and looks like a serious dump, I have literally seen clients frown with disgust in the conference room. iit's pathetic. I also found out quickly I hate working alone, its so damn boring.
I have three choices on the table as of right now: ML PMD program, NY Life advisor, or PNC Bank Financial Specialist.
from what I have gathered here are my pros and cons.
ML: pros - its merrill F'n Lynch, I am floored with the thought of being a part of that legendary firm. huge base pay, from what I have heard it is well over 50k around here. (compared to 24k at jones)
cons: PMD is notoriously impossible
NY Life; pros- top of the industry for many aspects of their business. Attractive bonus during training. I woud be in one the top 3 offices in the country.
cons; no base pay
PNC; pro- 47k+ base + bonus of over 20k a year based on branch performance. no cold calling, you only have to call current bank customers and set them up with the in house advisor.
cons- not actually advising, just using my series7 and 66 to set up meetings
any input will be greatly appreciated