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
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.
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