u/Scary_Cartographer36

A recruiter reached out to me to schedule a meeting to discuss a Wealth Office Sales Manager role, but she did not give me any details other than a job posting, and that posting seems quite vague.

If anyone is familiar with this role, can you shed some light on the day to day of a newly onboarded Sales Manager?

For background, I am coming from JPMorgan Private bank for the past 5 years, and Chase Wealth Management for the last 7 months.

Is this a call heavy role, or will I be partnering with a team? What is onboarding and training like?

Any insight is good insight as I am relatively unfamiliar with HSBC.

Thanks!

I interviewed with a great firm last week for a role I was genuinely excited about. The opportunity came through a third-party recruiter, and I went through the interview process and met with several members of the team.

Today, the recruiter called and told me the company has decided not to move forward with any candidates and is freezing the position for the time being, with no timeline for when—or if—it will reopen.

I understand hiring freezes happen, but the timing has me second-guessing myself a little. The outside recruiter seemed genuinely surprised by the decision and told me they thought I was a very strong candidate for the role. They also weren’t given much explanation for why the position was suddenly put on hold.

I happen to know someone who currently works at the firm and who was aware I was interviewing. Would it be appropriate to reach out casually and ask if they’ve heard anything about what happened? Part of me would like to know if there was something I could have done differently in the interview process, especially as I continue interviewing elsewhere.

At the same time, I don’t want to put my contact in an awkward position or come across as fishing for information I’m not entitled to.

For those who have been on the hiring/HR side: when a company freezes a position after interviewing candidates, is it usually completely unrelated to the candidates? And would you reach out to your contact, or just chalk this one up to one of life’s great mysteries and move on?

Amegy/Zions is expanding in my market and I am interviewing with them.

What are the minimums for clients?

How robust is the platform compared to their peers?

Is this role a lot of dialing and smiling, or is someone scheduling meetings for you?

How is wealth planning?

I have been networking recently and it has helped me get an opportunity to interview with Fidelity for a financial consultant role. I would love to learn more about this role prior to my interview next week.

For perspective I have spent the past few years with JPMorgan 4 years as a banker, the last year with Chase Wealth Management. I have grown books from $0 to $55m and $28m respectively by utilizing internal referrals as well as a COI network that I built up on my own.

Is the Consultant role an advisor role, or is it a management role? Is there a good bit of prospecting?

[supprimé]

I’m hoping to hear from anyone in the wealth management or broker-dealer industry who has dealt with something similar.

Earlier this year, I was terminated from a large national bank/broker-dealer. At the time of my termination, I was told the issue centered around my taking custody of a client’s check while attempting to open an account. My Form U5 simply states “Performance,” so I assumed the check incident was the basis for that designation.

This week, I spoke with my Texas Workforce Commission (TWC) case manager regarding my unemployment claim. The case manager summarized the employer’s written response, and it appears to describe a different basis for my termination. According to that summary, the employer stated that I was terminated because my client documentation/notes contained inaccuracies.

What concerns me is that the explanation, as it was described to me, appears to combine facts from two separate client situations.

Situation 1:
A client wanted to open a joint account, and I took custody of a check. The account ultimately could not be opened because the ownership on the check did not match the type of account the client later intended to establish. My understanding is that this issue was unrelated to the client’s later plans to purchase a home individually.

Situation 2:
A different client initially told me they expected to need approximately $300,000 in liquidity for a future home purchase. At a later meeting, the client advised that their plans had changed and they would only need about $200,000. Based on the client’s updated instructions, their investment profile reflected those revised liquidity needs. The client ultimately opened the account.

Based on what the TWC case manager shared, the employer’s written response appears to describe facts that, in my recollection, involve these two separate client situations. That left me confused because it differs from both my understanding of why I was terminated and the explanation I received at the time.

Another point that has been bothering me is that I specifically asked during my employment whether there was a required format or standard for documenting client notes. I was told there was no specific format, only that the notes should be thorough and well written.

Because I no longer have access to my work email or CRM, I can’t retrieve my notes or internal communications. The TWC case manager asked whether I had documentation to support my version of events, but I’ve been locked out of all company systems since my termination.

I’m hoping to get some perspective from others in the industry:
- Has anyone had an employer provide a different explanation to a state unemployment agency than the explanation they received when they were terminated?

- How did you respond if you no longer had access to your work records?

- Has anyone dealt with a Form U5 that simply says “Performance” while the employer later provided a more detailed explanation elsewhere?

- At what point did you decide it was worth consulting a FINRA employment attorney?

I’m not trying to accuse my former employer of wrongdoing or litigate my case on Reddit. I’m simply trying to understand whether others have experienced something similar and what practical steps they took.

I appreciate any insight or experiences you’re willing to share.

Hi everyone. Some of you may remember a post I made back in June after I lost my job in banking. The support and encouragement I received here was incredible, and I’m genuinely grateful for it.

The good news is that over the past three weeks I’ve had several interviews and have been introduced to some great people and companies. I made sure to send thank-you emails after every interview and meeting.

Here’s where things stand:
I interviewed on June 18 and 19. Both companies mentioned that their hiring process could take a little longer because they’re going through leadership and organizational changes.
I had additional interviews on June 23, 24, and 25. Those interviewers told me I should expect to hear back around the July 4th holiday.
Last week, I also had coffee with a couple of professionals who were kind enough to introduce me to hiring managers at their firms.

With the holiday weekend now behind us, I’m wondering about the best follow-up strategy.

When would you reach back out to each of these groups? Is this week appropriate, or would you give people a few more days to get caught up after the holiday?

I’d appreciate any advice from those who’ve been on either side of the hiring process. Thanks again!

I could use some outside perspective.

I’m 44 years old, married with five kids, and was recently terminated from a financial advisor role. While I could pursue another advisor position, I’m treating this as an opportunity to determine what I want my final long-term career to be.

My background includes:
Financial Advisor / Private Banking
Commercial Banking / Commodity Finance
Investment Banking
Business Development
Relationship Management
Series 7 & 66 licensed
MBA in Finance

Over the last 15+ years I’ve worked with everyone from retail clients to ultra-high-net-worth families, business owners, commodity traders, and institutional clients. I’ve helped grow portfolios, originate new business, structure financing, and build long-term client relationships.
What I’ve learned is that my favorite part of any job is building relationships. I genuinely enjoy meeting people, developing trust, solving problems, and helping businesses grow.

My dilemma:
Financial advising can be lucrative, but I’m also seeing significant growth in:
Data centers
Energy infrastructure
Power generation
Alternative energy
AI-related infrastructure
Companies that sell products and services into those industries

I have a mortgage and five kids, so I can’t afford to take a large pay cut or spend years retraining.

If you were in my position:
What industries would you target?
What roles would leverage my background?
Would you stay in wealth management, move into institutional sales/business development, or pivot into a growing sector like data centers and energy?
What careers offer the best combination of income potential, stability, and long-term growth?

I’m open to relocation and would appreciate advice from anyone who has made a similar transition.

I could use some outside perspective.

I’m 44 years old, married with five kids, and was recently terminated from a financial advisor role. While I could pursue another advisor position, I’m treating this as an opportunity to determine what I want my final long-term career to be.

My background includes:
Financial Advisor / Private Banking
Commercial Banking / Commodity Finance
Investment Banking
Business Development
Relationship Management
Series 7 & 66 licensed
MBA in Finance

Over the last 15+ years I’ve worked with everyone from retail clients to ultra-high-net-worth families, business owners, commodity traders, and institutional clients. I’ve helped grow portfolios, originate new business, structure financing, and build long-term client relationships.
What I’ve learned is that my favorite part of any job is building relationships. I genuinely enjoy meeting people, developing trust, solving problems, and helping businesses grow.

My dilemma:
Financial advising can be lucrative, but I’m also seeing significant growth in:
Data centers
Energy infrastructure
Power generation
Alternative energy
AI-related infrastructure
Companies that sell products and services into those industries

I have a mortgage and five kids, so I can’t afford to take a large pay cut or spend years retraining.

If you were in my position:
What industries would you target?
What roles would leverage my background?
Would you stay in wealth management, move into institutional sales/business development, or pivot into a growing sector like data centers and energy?
What careers offer the best combination of income potential, stability, and long-term growth?

I’m open to relocation and would appreciate advice from anyone who has made a similar transition.