Merrill Lynch PMD Interview Questions & Reviews

9 interviews

Interview Experience

Interview Experience

71%
14%
14%

Getting an Interview

Getting an Interview

75%
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12%

Interview Difficulty

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9 Candidate Interview Reviews Back to all interviews

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PMD Interview

Anonymous Interview Candidate
Anonymous Interview Candidate
Application Details

I interviewed in-person. The process took 2 weeks - interviewed at Merrill Lynch in April 2011.

Interview Details

2 interviews--not particularly difficult. Took test prior to interview.

Interview Questions
Negotiation Details
negotiate for the limit--up to $50,000 or $70,000--do not accept less, because achieving the higher results is very difficult
Accepted Offer
Positive Experience
Average Interview

Other Interview Reviews for Merrill Lynch

  1.  

    PMD Interview

    Anonymous Interview Candidate  in  Hartford, CT
    Anonymous Interview Candidate in Hartford, CT
    Application Details

    The process took 4+ weeks - interviewed at Merrill Lynch in June 2011.

    Interview Details

    online Assessment,2 phonee interviews with recruiters and 2 face to face with BOM

    Interview Questions
    • How are u going to raise the assets needed to succeed?   Answer Question
    Accepted Offer
    Positive Experience
    Average Interview
  2.  

    PMD Interview

    Anonymous Employee
    Anonymous Employee
    Interview Details

    Preliminary phone interview: questions regarding sales experience.

    Interview Questions
    No Offer
  3.  

    PMD Interview

    Anonymous Interview Candidate  in  Portland, ME
    Anonymous Interview Candidate in Portland, ME
    Application Details

    The process took 1+ week - interviewed at Merrill Lynch in August 2009.

    Interview Details

    Was called and spoke with the branch manager. Scheduled a face to face that included some tests. Then met the complex director and received an offer.

    Interview Questions
    Negotiation Details
    NO
    Accepted Offer
    Positive Experience
    Average Interview
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  5.  

    PMD Interview

    Anonymous Employee  in  McLean, VA
    Anonymous Employee in McLean, VA
    Application Details

    I interviewed online. The process took 6 weeks - interviewed at Merrill Lynch in May 2012.

    Interview Details

    It was not a good experience interviewing with Merrill Lynch. Their hiring process is a mass. I had so many interviews, tests, and a business plan. It took me almost two month to hear a "NO". It is frustrating. They even did a background check on me. At that point I believed I would be hired. I prepared my business plan very well. First1 on 1 interviewer (director) didn't even spend a minute looking at my business plan. In the second interview, the PMD coach didn't even ask for it (he didn't even have my resume with him). It was a waste of my time and effort applying there. Now, I think I am happy I didn't work in that mass. I was looking into start a career, for sure not working with those kind of people. I don't know about other branches, but this Tyson's corner branch PMD coach and Director does not seem to hire quality people. I guess you just need to have a strong connection in the company or know many millionaires who would let you manage their money and already well trained even though it is a trainee position. I think I was more knowledgeable and have higher education than that PMD coach who was interviewing me.

    Interview Questions
    • What Target Markets would you pursue in building your practice?   Answer Question
    • What activity levels do you feel would be necessary to achieve success in your practice?   Answer Question
    No Offer
    Negative Experience
    Easy Interview
  6. 3 people found this helpful  

    PMD Interview

    Anonymous Interview Candidate  in  Nashville, TN
    Anonymous Interview Candidate in Nashville, TN
    Application Details

    I interviewed online. The process took 4+ weeks - interviewed at Merrill Lynch in June 2011.

    Interview Details

    HR phone screen. Then an application and an HR phone interview. Then a face to face interview with the branch manager. Financial basics test and personality test. Then an additional face to face interview with the branch manager. A few discussions with Senior Financial Advisors and then and offer.

    Interview Questions
    • Who do you know that has $250,000 or more that would consider investing with you today?   Answer Question
    Negotiation Details
    Not much room in negotiations. After joining I learned the max for the PMD position is $75,000
    Accepted Offer
    Neutral Experience
    Average Interview
  7. 2 people found this helpful  

    PMD Interview

    Anonymous Interview Candidate  in  New York, NY
    Anonymous Interview Candidate in New York, NY
    Application Details

    I interviewed through a recruiter. The process took 4+ weeks - interviewed at Merrill Lynch in January 2012.

    Interview Details

    long

    Interview Questions
    Accepted Offer
    Positive Experience
    Average Interview
  8.  

    PMD Interview

    Anonymous Interview Candidate
    Anonymous Interview Candidate
    Interview Details

    Straight forward, discussed business plan and how to obtain clients

    Interview Questions
    Accepted Offer
  9. 1 person found this helpful  

    PMD Interview

    Anonymous Interview Candidate
    Anonymous Interview Candidate
    Application Details

    I interviewed online. The process took 5+ weeks - interviewed at Merrill Lynch in September 2012.

    Interview Details

    There was a phone screening, then you take the FIAT exam online, pretty easy it's supposed to take around 2-3 hours, it took me about an hour and 15 minutes. The exam asks mostly general math problems, a few TVM and a few economics questions. After passing the FIAT, I had a phone interview with a recruiter. I was then asked to come into the office and interview with a Financial Advisor, who told me more about the process and asked me general interview questions. After that interview, the Financial Advisor I met with asked me to speak with another Financial Advisor who worked on a team. It was a great opportunity to see the difference between working on a team or having your own practice and helped me in forming my own strategy. I was then asked to prepare a business plan. Once I submitted my business plan, I was called in for a final in person interview with the complex director. The entire process from my online resume submission to hiring took just over 1 month.

    Interview Questions
    • Questions were pretty standard for a financial services interview.   Answer Question
    Negotiation Details
    no negotiation, this particular program doesn't really have room for negotiation. Also, your goals are dependant on your salary, so for those PMDs that wanted to begin with a higher salary, they have higher goals that they must reach to continue the program.
    Accepted Offer
    Positive Experience
    Difficult Interview

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