Glassdoor is your free inside look at Morgan Stanley Smith Barney interview questions and advice. All 181 interview reviews are posted anonymously by Morgan Stanley Smith Barney employees and interview candidates.
Accepted Offer – Interviewed in Los Angeles, CA (US) Jun 2013 – Reviewed Jun 16, 2013 New
Interview Details
Pretty much all the other comments you see on here regarding the interview process are accurate, so I won't go too much into further detail.
They'll pay you an initial salary, but your success is up to you. You have to be a hunter. You find the clients, then you make the money. To get the job, you have to do your own research and prove to them that you have a reasonably good plan to get clients. That's is.
NOT FOR YOU:
There's a huge failure rate, around 90%, because most people who apply are really looking for a "regular" job. They want specific duties, with a predictable salary, vacation time, personal time off, etc. If this is what you want, then this job is not for you.
THIS JOB IS FOR YOU:
If you're like me: Very passionate about the financial market (like it's your hobby), entrepreneurial, self-motivated, seeking opportunity to make a lot of money rather than "job security," want to get paid by your performance rather than wait for someone to retire in order to get a promotion, and want the backing of a huge brand, then this job is for you.
I was thrilled to discover this position because I've considered forking over $100ks to buy a franchise. Here, they pay me (first year)! How awesome is that. Basically, this is the way to think of this position.
Good luck!
Interview Question – The interview questions don't really matter. How do you plan on being successful? Do you have an existing network who can refer you business? Do you have wealthy friends and family? Do you know of an untapped market who need financial advice? Do the research, create a plan, prove to them you have a good chance of being successful, and you'll get the job. Answer Question
Negotiation Details – None. Took first offer. Doesn't matter anyways since it slowly phases out.
Declined Offer – Reviewed May 30, 2013
Interview Details
Brief introduction of yourself.
The intern focused on marketing
Accepted Offer – Reviewed May 21, 2013
Interview Details I was hired at a time when they were on a hiring spree so it wasn't a rigorous process. I was already licensed and had some experience so was welcomed. They even took some people that hadn't been licensed.
Interview Question – There wasn't anything unexpected in this interview. I would say this was fairly typical, a good opportunity to meet the managers and let them know who I was. Answer Question
Accepted Offer – Reviewed May 03, 2013
Interview Details Asked questions of specific examples where I was able to utilize good customer service skills. Made sure I had good computer skills and good communication skills.
Interview Question – Name a time when you overcame an irate customer? Answer Question
No Offer – Interviewed in Tampa, FL (US) – Reviewed May 03, 2013
Interview Details
I was contacted via phone directly by the hiring manager following my online application. An interview was set up in the following two weeks. Once I arrived, I sat down directly with the manager overseeing the position I was interviewing for. He was very intrigued about my past and jobs I'd held previously, and did not spend much time overviewing the job itself. after about 15 minutes, the interview concluded, and asked if I was interested in talking to two other managers. The next manager I spoke to held the same title as the first manager, but worked in a different location within the metropolitan area. The conversation flowed much easier. Questions about my strengths and weaknesses, hypothetical client interaction questions, and other typical interview points were covered. By the end of the 15, 20 minutes spent with this manager, and personally discussing traffic routes and the city, i was introduced to yet another manager, of whom presided as supervisor over both of the managers I had already spoken to.
This conversation was shorter, but flowed much easier than the previous two conversations. I was promised an answer on whether or not they wanted to bring me on board the following monday. Today is now Friday of that Monday, and I have not heard a word back, and have left voicemails with all three managers, as there was not a particular manager who was specified I should contact.
Interview Question – Describing your own biggest weakness is always a challenge for me. Most people try to stay positive, and focus on their strengths in order to overcome their weaknesses. Answer Question
Accepted Offer – Interviewed in Baltimore, MD (US) – Reviewed Apr 09, 2013
Interview Details Very straight forward hiring process. First, a phone interview that outlines the internship and they asks you about your experiences. After a couple of weeks, they schedule a face to face interview. General personality questions and indepth look into your previous experiences.
Interview Question – Do you know how to use excel? Answer Question
Negotiation Details – None
Accepted Offer – Interviewed in Melville, NY (US) Apr 2011 – Reviewed Apr 06, 2013
Interview Details Got the job through a family friend, so the process was probably a lot shorter than usual. Received a phone call from an office manager that I could have a phone interview. Phone interview went well and I was offered a summer internship.
Interview Question – Where do you see yourself 5 years after you graduate? Answer Question
No Offer – Interviewed in New York, NY (US) Jan 2013 – Reviewed Mar 23, 2013
Interview Details Called for interview and met with two people working within the department. The conversation was kept very casual.
Interview Question – Typical questions. Nothing out of the ordinary. Answer Question
Accepted Offer – Interviewed in Raleigh, NC (US) May 2009 – Reviewed Mar 21, 2013
Interview Details Basic interviews plus a skills (math) test
Interview Question – Basic questions Answer Question
Accepted Offer – Reviewed Mar 13, 2013
Interview Details Phone interview with Complex Service Manager, then interview with multiple financial advisors at the branches to find the best fit - mostly based on personalities meshing well. Final interview is with the Branch Manager.
Interview Question – Typical questions such as why did you leave your former employeer, why do you want to work here, why did you pick your major...etc. Answer Question
Negotiation Details – Not much room for negotiation, have to take what they give you.
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