The Financial Services Industry
What is the Financial Services Industry?
Serves
individual, business and institutional clients to
address present and future financial needs.
Most important function is to provide clients with a means
of saving for the future; facilitates investment and saving
process throughout the US economy.
Financial Services institutions include: banks, brokerage
houses, trust companies, and insurance companies.
Most common investment types include: stocks, bonds,
mutual funds, unit trusts and insurance.
Focus: Serving The Individual Investor
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

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Personal service face-to-face
Local, convenient, one
IR offices
Treating the customer
the way you want to
be treated
Investments and
services designed for
long-term investors
Why are Financial Services important?
Largest
population segment of this country, “Baby
Boomers”, are nearing retirement. Their retirement assets
are approx. $4 Trillion.
We’re on the verge of seeing the largest transfer of wealth
in our history about $7 Trillion.
Concerns regarding solvency of Government programs
continually reaffirms importance of financial planning/self
sufficiency.
Significant need to help individuals with their financial
planning.
What are the opportunities?
For
those interested in working with individuals, retail
investment firms offer a venue to work one-on-one with
clients to serve their financial needs. Helping clients focus
on wealth accumulation, preservation, and transfer
strategies are an important consideration for a large portion
of the US population.
Industry, as a whole, continues to integrate more services in
order to offer clients “one-stop” shopping. This integration of
financial services fuels the need to continuously grow or be
acquired by competitors.
Industry is expected to grow by 35% through 2012.
What positions are available?
We’re
mostly looking to fill the Investment
Representative (IR) position, sometimes
referred to as a “broker”.
– Interested in type of person, rather than a specific
major.
– Locations available throughout the United States
What kind of person typically applies?
Interested
in financial markets.
Enjoy working with individual clients to create and
implement strategies to achieve their financial goals.
Self-starters looking for correlation between work effort and
compensation.
People looking for ability to manage the balance between
work and life.
Someone who enjoys a dynamic environment that allows
for flexibility in portfolio management styles.
Individuals that have done well with time management.
Summary
Career
Tracks
– Retail Brokerages: Edward Jones, Merrill Lynch, etc
– Institutional: Lehman Brothers, Goldman Sachs, etc
Industry
Trends
– Entering transitional phase for largest population segment of US
– Convergence of services requires continued growth
– 35% Growth in industry through 2012
Job
Functions
– Work with individual clients to create and implement investment
strategies
– Build and manage portfolios for client base
Financial Services represents a Great Opportunity
Please
contact your local
IR to complete your
application today.
Visit
us online to
complete your application.
www.edwardjonesopportunity.com
Call
our IR Recruiting
Department at
1-800-999-5650 if you
need assistance
completing your
application.
SLH-320 4/01