...Started Requisition #: 33052 Job Title: Financial Advisor (159) The Edward Jones Financial Advisor Opportunity Prepare yourself for a brand new career - one where your success is completely in your hands. Edward Jones is a privately owned financial-services leader with more than 14,000 offices in the United States and Canada, and more than 90 years of serving individual investors. As an Edward Jones Financial Advisor, you will take charge of your career and your income as you form meaningful, long-term relationships with clients as you help them achieve their financial goals. What is the role of a Financial Advisor? Deliver personalized investment solutions to help clients work toward their long-term financial goals Develop and deepen client relationships Build and manage an Edward Jones branch in your community What traits and competencies should a Financial Advisor candidate possess? A track record of professional success Relationship-building skills and commitment to establishing long-term clients Strong desire for performance-driven compensation and growing earnings potential A self-motivated, highly driven and entrepreneurial personality Desire to work from an office in your community What can an Edward Jones Financial Advisor expect? Industry-leading training* to help you succeed in your new role Professional support to pass your Series 7, Series 66 and insurance licensing exams Financial support during exam study, training and the first...
Words: 513 - Pages: 3
...3/26/2013 | GEO 605 | Northern Career Report | Table of Contents A Brief Overview of a Financial Advisor 2 Duties and Responsibilities of Financial Advisor 3 Career Path for Becoming a Financial Advisor 4 Steps Required for Becoming a Senior Financial/Fiscal Advisor 5 Qualifications needed to be a Senior Fiscal Advisor in the North 5 Job Platform or Potential 6 Potential Remuneration and Comparison to the North 6 Investment Opportunities for the Northern Resident 7 Works Cited 8 A Brief Overview of a Financial Advisor As a Senior Financial Advisor the ideal candidate would have demonstrated exceptional knowledge and have at a minimum of 3-5 years of experience as a financial advisor. The steps required for becoming a financial advisor are not the same for everyone. Some students believe that achieving an undergraduate degree in Business, majoring in finance or accounting is the first step needed. By completing business commerce degree students will have a concrete foundation and be able to comprehend the theories involved in financial planning. Some employers do not necessarily require potential employees to have an undergraduate degree in business since they provide training to the successful candidate. Once completed the employee will be licensed and be able to provide financial advice. Since the requirements to become a financial advisor differ amongst employers there are no set criteria for potential employees to follow, this is why it is...
Words: 1939 - Pages: 8
...SEBI to register and regulate working of Investment Advisors and such other intermediaries who may be associated with securitiesmarketin any othermanner. 1.2 As decided by SEBI Board in its meeting dated March 22, 2007, SEBI had posted a consultative paper on the “Regulation of Investment Advisors” on its website inviting public comments. Based on public commentsreceived on the consultative paper as also the USAID (Fire Project), a memorandum was placed before the SEBI Board proposing a regulatory approach forInvestment Advisors. It was proposed that the Regulationsshall be implemented through an SRO. As Investment Advisors offer products across asset classes, it wasfelt that the respective regulators may take a view and formulate similar norms and code of conduct. Accordingly a reference was made to the HLCC on Financial and Capital Markets. 1.3 HLCCFM in its meeting held on December 22, 2008 set up the D. Swarup Committee to re‐examine the issue. The committee submitted its report to government in December 2009 which was discussed in the HLCCFM meeting in March 2010. Subsequently, regulatory issuesrelating to Wealth Management and / Private Banking undertaken by banks were discussed by the FSDC Sub‐Committee in itsmeeting on March 4, 2011. 1.4 In this background, SEBI has developed a framework for regulation of investment advisorsthrough the SROroute. 2. Tackling Conflict ofInterestinDistribution of Financial Products 2.1 Itis axiomatic that any industry, in...
Words: 3165 - Pages: 13
...when it comes to robo-advisors. First, no human can match robo-advisors in speed and accuracy in analyzing and processing big data; second, they are made by the world sharpest minds, using the best possible computer technology available. Now that might appear godlike, but it is nowhere near Megatron. Even though you do not have to smoke a pipe and write mathematical formulas on mirrors to join the team that makes robo-advisors, you need to have a Ph.D. in Mathematics, Engineering, Physics, or Economics. Developing a high quality robo-advisor requires team work from the best minds in the...
Words: 829 - Pages: 4
...Examining the Pros Our group decided to dissect and analyze three distinct career paths within the financial advising industry: Financial Advisor, Director of Recruiting, and Operations Manager/Principal. These specific careers were selected among a pool of many others because we believe there is a correlation with these professions with the beginning, middle and end stages of a career in the industry. To learn more about these fields we were given the pleasure of interviewing and talking to the individuals that have seen success, failure, and have overcome obstacles to earn lucrative incomes throughout their career. The given perspectives of these community role models have helped us with our research on really getting an in depth look on...
Words: 1294 - Pages: 6
...2005, the school was purchased by Bridgepoint Education and the name was changed to Ashford University. The school intends to foster learning on all levels through technology. Although they do a good job of fostering learning, there are a few shortcomings that are being noted by students in all career fields. Statement of Problem The communication seems to break down between students and advisors over time. Upon initial enrollment the student is assigned three important contacts that play an important role in the initial success of the student. The enrollment, financial, and academic advisors do a good job of initially keeping in contact with student. Once the student begins to get in the flow of his/her schedule, the advisors seem to become less and less involved in the students educational experience. The enrollment advisor rarely keeps the student informed, or gets the input from the student on which classes they would like to take next. This is very different from a traditional university where the student gets to control their academic path. The financial aid advisor rarely keeps the student inline with what is due on their account until it is too late and...
Words: 1194 - Pages: 5
...The Changing Role of the Relationship Manager The relationship between wealth managers and their clients is not what it used to be. Public opinion of the financial sector, as a whole, has become sharply critical—people are outraged by the inability of the industry. Clients have become far less trusting and increasingly likely to jump to another wealth manager. But the relationship between RMs and their clients has actually changed well before the onset of crisis. Rise of the Product-Push Model before a Crisis At many wealth-management institutions, particularly the larger ones, the continuity of client relationships has— over time—been disrupted by organizational changes and the shuffling of client portfolios among RMs. In some cases, the goal was to bind the client more to the institution than to an individual advisor. In other cases, however, the institution itself simply could not maintain a consistent service model. At the same time, investors became more interested in diversifying their wealth across institutions. And as information about financial products became more accessible, some investors became self-directed. They tended to be less interested in holistic planning and more interested in specific types of support or investment recommendations. The role of the RM has also changed. Since the beginning of the decade, the RM has become less of a confidant and more of a salesperson. This shift was most apparent in the brokerage model, where RMs began providing targeted...
Words: 902 - Pages: 4
...[Organisation’s logo goes here] Business continuity plan [ORGANISATION NAME] [DATE] Managers must keep a copy of this document at home. Additional copies are available in the emergency boxes located at the [ORGANISATION NAME] office 1. Introduction 3 2. Priorities and responsibilities for [ORGANISATION NAME] 3 3. Key risks and minimisation measures 5 3.1. Assumptions 5 3.2. Disaster events 5 3.2.1. Loss of technology 7 4. Roles and responsibilities 8 5. Emergency recovery process 9 5.1. Activate the Emergency Evacuation Procedures 9 5.2. Activate the Business Continuity Plan 9 5.3. Manage staff's immediate concerns (during business hours) 11 5.4. Letting staff know about the emergency (outside normal business hours) 12 6. Business recovery process 13 6.1. Set up the business recovery office (temporary off-site location) 13 6.2. Communication priorities and processes 14 6.3. Reinstate services at the office 16 7. Business continuity plans for ICT 17 7.1. Payroll 17 7.2. Email 17 7.3. Network (including file & print) & remote access 19 7.4. Phones – landlines 20 7.5. Phones – mobile 21 7.6. [Specialist application] and accounting systems 22 7.7. Website 22 8. Emergency delegations list 23 9. Contact lists 24 9.1. Staff call tree 24 9.2. Staff, supplier, and stakeholder contact lists 25 Document control Revision history Revision | Date | Author | Reason for change | ...
Words: 4637 - Pages: 19
...business environment. Investments, banking, and other capital markets now have a valuable role in business and everyone’s daily lives. There are several strategies and methods that can be identified for effective and productive investment banking processes. Choosing an investment bank or firm can depend on the investor themselves. Some processes and guidelines can vary from firm to firm, this would all depend on the investor and the financial experts and their preferences. Portfolio construction is an important task which involved expertise from a financial expert. Investment Banking and IPO Process Investment banking contains enables several functions for be executed, such as: lending and investing assets, providing advice about investments and acquisitions, research and development about securities, capital markets, and bonds. For example, Morgan Stanley provides global currency, precious metals, insurance, and structured investments that are tailored to market trends and specific risk allocated decision making regarding the individuals portfolio. Investment banking also incorporates other important roles such as analysis of financial performance and operations. Financial transactions can be done as well in investment banks from individuals or corporations. Initial Public Offering Process IPO’s begin with a preliminary valuation that is based on the company's financials; the underwriters will prepare a preliminary valuation of the company. All the underwriters...
Words: 1151 - Pages: 5
...Lynch. It comprises of 15,000 financial advisors and $2.2 trillion in client assets; it is the world's largest brokerage. Earlier the firm was publicly owned and traded on the New York Stock Exchange under the ticker symbol MER. In Brief: In this particular case study we find that Merrill Lynch has introduced a new client relationship technique called the Supernova at the Merrill Lynch’s Indianapolis offices. This practise was implemented on a trial basis and generated a positive and vibrant response between the financial advisors (FA’s) and their customers. But on the flipside it was continuously challenging the traditional ways of dealing of a relationship by a FA with its client party. The concerned person here in this case is in a dilemma whether to apply Supernova in Merrill Lynch with a larger perspective. SUPERNOVA Supernova was the name given to new way of relationship managementintroduced by Merrill Lynch’s Indianapolis offices. Supernova was invented by Rob Knapp, head of Mid West Dist office who’s “Customer Satisfaction” ranked last among 32 dist in country in 1995. The Supernova Model is a client service, client acquisition, and practice management model that drives an explosive acceleration in revenue and client satisfaction by capitalizing upon the 80/20 Rule. It was first implemented by financial advisors at Merrill Lynch under the leadership of FA Rob Knapp. Thereafter it became more popular in the finance industry. The advisor implementing Supernova can prove...
Words: 1222 - Pages: 5
...decision-making techniques and models will be used to address these major problems. Nik proposes to form three teams to address the issues in Kava. The first team will focus on handling and developing a workaround when natural disasters present itself in Kava. The second team will address the medical illnesses, and the third team has the responsibility of addressing and resolving the terrorism from within and outside of the country. Nik has also assembled a team that will be responsible for reaching out to the other helping organizations in the country. Joining forces with other organizations will help to reduce cost, manpower, and prevent replication of projects. Nik also has two financial advisors that will be responsible for managing the finances for the project and staying within budget. The first team role was to address the natural disasters in Kava and determine the impact it has on the economy’s production of petroleum, coffee, cocoa, spices, bananas, sugar, fishing, natural gas as well as inexpensive, quality labor. They first looked at the forces of influence. Applying the forces of influence to determine the contextual facts, urgency, and importance, the first team realized these types of disasters come from nature, and they knew it was difficult to assess when or how often these disasters may occur. The team agreed the best approach was to develop a natural disaster recovery plan. By doing some brainstorming the first team came up with a list of ideas to be...
Words: 761 - Pages: 4
...ASIC, stands for Australian Securities and Investment Commission, aims to maintain public confidence by improving sales and disclosure practice in the financial advisory industry. And its role implement the legislation, which is the watchdog for consumer protection laws in financial products and services. In order to protect investors, ASIC approves FSRA to require a licensing regime for financial products advice, sales and dealings, and a single set of requirements for financial sales and advice, and disclosure documents. In this case, we should focus on the disclosure requirement, since the prospectus appeared in the case is the key disclosure document for managed investments of product disclosure statement(PDS). RG 168 recognizes the PDS provisions and contains general guidelines to help product issuers and to promote the objectives of these provisions, that is, making informed choices and helping consumers to compare financial products. According to this case, Mr Lewis, as a director of Altitude Property Limited, failed to disclose material information in the prospectus to investors. More specifically, investors had no idea that an incentive payment agreement had been entered into and their funds raised would be paid to another company. AS a director of a public firm, he has the obligation to inform their investors of the details of the products or services, and the investors also have the right to be informed the use of their money. An occasion may appear if the investors...
Words: 507 - Pages: 3
...market; Describe the tax and inflation implications on savings products; Describe the implication of interest rates on savings products; Prioritize the savings needs of individuals and apply savings and investment products to meet those needs Introduction Investment is made possible when lump sum amount is available Insurance is a means wherein savings are made over a period of time to accumulate capital & arrive at Investible funds. So an Insurance advisor should advice on Insurance Products & also Financial Products. You will find Savings & Investment go hand-in-hand. In this context, let us understand various savings products available. For Your Information (FYI) People use savings plan to reach their financial goals. There are many financial products in the market & the advisors have to help to chose products wherein the payments for the objective may be made in one lump sum or in installments. Let us review the products and also focus on the Important Role advisors can play to get suitable products Key Financial planning analysis process Savings needs Investor’s convenience Disposable income Traditional deposits Cumulative deposits Shares Bonds Bank deposits...
Words: 305 - Pages: 2
...Winstead The Finance and Accounting Industry is a very broad and integrated program that prepares individuals to function as accountants and financial managers and various types of analysts. This industry encompasses banking, financial advisors, A few major players: http://www.fins.com/Finance/Articles/SB128448692525537761/Finance-Firms-Top-100-Best-Companies-List “Statistics from official reporting agencies, such as the U.S. Bureau of Labor Statistics and the Institute for Certified Practicing Accountants (ICPA), continue to reveal a robust future for job seekers in finance and accounting and the companies willing to hire them, despite an unemployment rate that's still hovering around 9 percent (White, 2011, para. 1).” There are typically a vast amount of finance and accounting jobs available, but hiring officials find it difficult to match skills with job requirements. The typical educational requirements for finance and accounting vary according to the type of job the applicant is seeking. Ever job does not require continuing educations, but the more specialized the job becomes means having additional education. A great example of this would be the Government sector. The requirements to be hired and promoted within the finance arena did not require a degree for accountants, budget analyst, or financial managers. As jobs have become increasingly more streamlined and technologically advanced, additional education for these specializations has become a requirement...
Words: 653 - Pages: 3
...FAIRNESS OPINIONS IN MERGERS AND ACQUISITIONS Anil K. Makhija* The Ohio State University Rajesh P. Narayanan Ohio University April 11, 2007 ____________________________________________________________ __________________ Abstract Fairness opinions provided by investment banks advising on mergers and acquisitions have been criticized for being conflicted in aiding bankers further their goal of completing the deal as opposed to aiding boards (and shareholders) by providing an honest appraisal of deal value. We find empirical support for this criticism. We find that shareholders on both sides of the deal, aware of the conflict of interest facing advisors, rationally discount deals where advisors provide fairness opinions. The reputation of the advisor serves to mitigate this discount, while the contingent nature of advisory fees appears to have no impact. We also find support for allegations that fairness opinions are sought by boards for the legal cover they provide against shareholders unhappy with the deal’s terms. JEL Classification: G34, G24 Keywords: Fairness Opinions, Mergers and Acquisitions, Investment Banking ____________________________________________________________ __________________ *Corresponding author: Anil K. Makhija, 700 E. Fisher Hall, Fisher College of Business, The Ohio State University, Columbus, OH 43210. Tel: (614) 292-1899. E-Mail: Makhija.1@osu.edu. We are grateful for comments from Angie Low, Brian Nocco, Robert Rosholt, and René Stulz,...
Words: 14214 - Pages: 57
