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.
SummaryCareer 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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