ok, i have offers from both mssb and merrill. what are some pros and cons of both? which would you choose and why? both salaries are competitive. thanks…

I don’t know what’s going on at ML, but you might have some volatility in your experience at MSSB.  There is a lot of movement going on due to the merger.  Lots of people are pretty distracted, paranoid, etc.  The high producers don’t really care, but management is a little on edge.

None of this really impacts me… I just study for the 7 all day.  I still really like it and I am very excited to see how they leverage the resources of both firms when the dust settles.  Until then, things may be a little rocky.

Oh yea… and there are rumors about comp plan changes in 2010, so the grid may change a little.

When you have a “partnership” (in the case of MSSB) it seems almost impossible with brokerage firms. I think it works better with outright buys, like in the case of Paine (UBS), Alex Brown (Deutsche), and now the American banks, and etc.,

I filled out the online application and did the online tests Day 1, interviewed with the BM on Day 5, sent my business plan on Day 6.  Now is Day 12 but I’ve heard nothing back.  Is that timeframe normal for MSSB?  thx

I have gone through the whole process, and I’ve been put on hold.  The BM stated there are significant changes going on, and he has decided not to hire anyone until the dust settles–whenever that may be.  He says he still wants me, and he has maintained contact, so we’ll just have to see.

I put this on another thread as well, but it is worth it.



     You want to know about how to get hired, train, build a book, and succeed? And what not to do? I just read a 2009 book, a fiction novel, by a guy who dropped out of high school, trained with Merrill, and ended up becoming one of the top 25 EVP/Divisional Directors of what is now Morgan Stanfley Smith Barney. He made millions. And he doesn’t sugarcoat anything. He quit in 2000 at 43, took the SATs, and got into Stanford, graduating Phi Beta Kappa in three years. Smart guy. And frank. You want an insider’s view of training and the industry? Check out the August 2009 Forbes video on this guy. It’s on You Tube. Just type into their search engine “Forbes Finance to Fiction Bill Pack”. His novel is a current Pulitzer entrant. It’s also beautiful, raw as he##, and exhasting. Best I’ve read in a while. But this guy cuts through all the fluff and depicts the industry, and retail sales, as realistically as it gets. The book is called The Bottom of the Sky.

[quote=NoBullBull] I put this on another thread as well, but it is worth it.



     You want to know about how to get hired, train, build a book, and succeed? And what not to do? I just read a 2009 book, a fiction novel, by a guy who dropped out of high school, trained with Merrill, and ended up becoming one of the top 25 EVP/Divisional Directors of what is now Morgan Stanfley Smith Barney. He made millions. And he doesn’t sugarcoat anything. He quit in 2000 at 43, took the SATs, and got into Stanford, graduating Phi Beta Kappa in three years. Smart guy. And frank. You want an insider’s view of training and the industry? Check out the August 2009 Forbes video on this guy. It’s on You Tube. Just type into their search engine “Forbes Finance to Fiction Bill Pack”. His novel is a current Pulitzer entrant. It’s also beautiful, raw as he##, and exhasting. Best I’ve read in a while. But this guy cuts through all the fluff and depicts the industry, and retail sales, as realistically as it gets. The book is called The Bottom of the Sky. [/quote]



Why are you posting this all over the place? If you want people to buy your book, just ask.