new to the forums. I am so thankful to have found this resource on the web. To give a background of myself, I have had experience working at an investment company and had a stint at an investment banking internship. I have a BS in finance at a big ten school and a master in finance at a regional school in the west coast.
I actually started managing people's money on my own about 3 years ago, and subscribe to the warren buffet style of investing. My investment strategy will probably incorporate style boxing too...
After interviewing with a team in well known branch in northern california, I will be interviewing with the senior VP at another branch office. I just took the FIAT test so I hope all goes well. The team wants someone to eventually clear LOS 9 and then go over to one of the bank of america branches. It seems like a great place to get referrals, in addition to cold calling and other business development activities.
I have not been instructed to create a business plan or anything but is it safe to assume I would need to present one? What other things should I prepare for? I didn't apply on a website or anything, just an ad off craigslist, and I think the team liked me so I now will interview with the higher up to gain approval. It seems like a meet and greet to me.
The good things going for me is that I have some accounts to move over, but the $250k minimum would make a lot of accounts not worth moving over. So minus the smaller accounts I would be probably left with $350k to move over.
I also have connections with the former president of a major financial services firm. I do web development on the side and he needed someone to help with his website. I am hoping to get good with him and meet his friends. Just door knocking around his ultra rich neighborhood may be worth it, although security is pretty tight around that neighborhood.
Can anybody who received an offer from Merrill give some insight?