I applied in-person. The process took 2 months. I interviewed at Morgan Stanley (Dallas, TX) in Sep 2009
Interview
The interview process was overall a pleasant experience. I interviewed with several financial advisors in the office, as well as the office manager and the head of the financial advisor associates. The interview process was a bit lenghty. It included at least three rounds of interviews that spanned over a month. Everyone I interviewed with was extremely nice and easy to talk to.
Interview questions [1]
Question 1
I think the most unexpected part of the interview was the requirement to draft a business plan prior to interviewing.
I applied through a recruiter. The process took 2 weeks. I interviewed at Morgan Stanley (Sacramento, CA)
Interview
Call by recruiter, phone interview with Branch Manager (non-producing), in person interview with Branch Manager, and then in person with complex manager.
You have to take a personality and financial acumen test--both are easy.
Interview questions [1]
Question 1
None really--basic stuff. "Give me an example of a challenge you overcame"--etc.
I applied online. The process took 2 months. I interviewed at Morgan Stanley (Los Angeles, CA) in Jun 2013
Interview
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 it.
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, 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 questions [1]
Question 1
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.