Seeking Advice - How to become competitive

1 reply [Last post]
Cjoconne's picture
Joined: 2014-07-07

Hey all,
I am currently an incoming senior at a major public university in the deep south. I will be gradauting next May with a B.A. in Political Science with a minor concentration in Business Administration. I have a very varied resume with work expierence ranging from running an internship with a well known lobbyist in D.C., apprenctinceship with a Former Member of Parliment in London, and interning for a llyods of london brokerage in London. I believe I have a network of wealth that I could potentionally tap into, albeit the speed of such an acqustition cannot be determined at the present time. 

I understand that my work expierence and degree do not hold much relevance, if any, in the wealth management industry.Yet, I am very determined to pursue a career in this industry. I have always been very fascinated with investments and people.
I come to you all with a question of: how do I become a more viable candidate for such a career? I am waiting to here back from the Wells Fargo team in my current location about an internship, but if that does not work out, what could I possibly do? My second question, when I start applying for positions pre-graduation, will my application hold any relevance if I am applying to a firm that is not located where i currently reside? I would like to work somewhere in Texas or New Orleans and I reside about 8 hours away from both locations. 
I appreciate your time and look forward to your response!

buyandhold's picture
Joined: 2008-09-23

Firms would assume you will move, so apply where you would like to live.
They'll want to see that you have a clean legal history (of course, but worth mentioning) and that you have a history of initiative and working on your own.
They will want to know what kind of existing network you have. Note: If you are moving, are you moving to, or away, from your network.
I would tap your classmates and learn if any of them have family members in this business.
Ask yourself what you like more -- working with people, or working with investments. Being an advisor is mostly the former.
Think about where you want to live and raise a family. People who succeed tend to stay in one place and build relationships. So pick where you want to live (upper middle class, good schools, good economy).
Good luck!

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