Glassdoor is your free inside look at New York Life Financial Advisor interview questions and advice. All 24 interview reviews posted anonymously by New York Life employees and interview candidates.
New York Life Financial Advisor Interview Questions & Reviews
Getting the Interview 24 Interviews
Interview Experience 20 Ratings
Financial Advisor at New York Life
No Offer – Interviewed in Stockton, CA Mar 2011 – Reviewed Jul 23, 2011
Interview Details – Interviewed initially with managing partner. AsI left I took a personality test. The next interview at the same office with the same person was basically to tell me why my personality was not a fit . (So why was I called back?). I left he interview with a bad taste in my mouth from that interview and felt the person was a complete jerk. I took another position and sure enouh, his secretary emailed me 4 weeks later asking if I wanted to move forwad. (?) I have heard your initial employmen at NY life begins with you giving them 200 names and addresses of friends and family that they start soliciting.
Interview Question – What would yu have done differently (regarding my working at Countrywide Wholesale Lending) View Answer
Helpful Interview?
Yes |
No
Problem with this interview?
Financial Advisor at New York Life
Declined Offer – Interviewed in Grand Rapids, MI Oct 2012 – Reviewed Dec 5, 2012
Interview Details – Multiple interview process. First Interview was mostly spent talking about previous job experiences in the financial industry. Second Interview was further discussion about the company, the position, and the compensation structure. There was also plenty of time for question and answer in both interviews. Interviews were very comfortable and more of a conversation back and forth rather than the interviewer asking all of the questions.
Interview Question – Given past experience, what qualifies you most for this position? Answer Question
Helpful Interview?
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No
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Financial Advisor at New York Life
Accepted Offer – Interviewed in Woodland Hills, CA Sep 2011 – Reviewed Nov 1, 2011
Interview Details – Series of interviews detailing their training program.
Interview Question – What makes you think you'd be qualified as a financial planner? Answer Question
Helpful Interview?
Yes |
No
Problem with this interview?
Financial Advisor at New York Life
Accepted Offer – Interviewed in Melville, NY Nov 2011 – Reviewed Nov 10, 2011
Interview Details –
I first received 1 minute phone call in regards to posting my resume at resume rabbit.
I was told the address, which happens to be 17 miles from my house, confirmed the appointment before I arrived, and was interviewed by a senior partner.
We spoke for almost an hour, with lively conversation that helped me explain the many jobs I've had over the last few years and why I chose to change, what it's taught me, and why I want to be a Financial Advisor.
After finishing the online questionnaire in the computer testing room, we finally got to a Q&A session about the company, as he elaborated on what I could expect in terms of the marketing plan and the schedule.
He was overly informative. This is one of the most reputable companies in the business. His personal motto seems to be "full disclosure". If you notice, their website reflects this aspect of their corporate culture.
The last phase required me to go home and complete the background check on my computer.
This is a test of Patience! I type fast, and it took my 2-3 hours. Make sure you set this kind of time aside.
After this was completed, I called him (as requested), he informed me that he had to wait for the results to come in....
That took another day.
When he called me back, we set the appointment for the compensation meeting...
And the rest is history.
Good Luck. Make sure that when you get there, you smile and speak your mind. Don't be spoken to, engage.
Interview Questions
- Why should we hire you? View Answer
- How do you define success? View Answer
Negotiation Details –
The compensation was already more than I was expecting, I'm humble.
Make sure you explain what you are making already and emphasize your need for sustainable income to not only be motivated, but to support your performance during the training period.
Helpful Interview?
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Problem with this interview?
Financial Advisor at New York Life
No Offer – Interviewed in Boston, MA Aug 2012 – Reviewed Nov 28, 2012
Interview Details – Very informal interview, last 1 hour
Interview Question – Figure a salary when is no salary Answer Question
Helpful Interview?
Yes |
No
Problem with this interview?
Financial Advisor at New York Life
No Offer – Interviewed in Orlando, FL Nov 2012 – Reviewed Dec 16, 2012
Interview Details – Multiple interviews. Second interview seemed to be more of a sales presentation to me based on potential compensation.
Interview Question – Basic interview. No different or more difficult than any other interview. Answer Question
Helpful Interview?
Yes |
No
Problem with this interview?
Financial Advisor at New York Life
Accepted Offer – Interviewed in Feb 2012 – Reviewed May 15, 2012
Interview Details –
Applied for the position through online and then got the interview through career fair. The interview was face to face and took no more than an a half hour. The interviewer was very warm and welcoming; the interviewer did not as many questions, but be ready to have strong answers for these 5: 1) What do you know about NYL 2) Why sales? 3) Why financial services? 4) Why do you want to work here? 5) What do you bring to the table?
The next face to face interview was more of a presentation that dug into how compensation worked and more about the company and their training.
The third and final interview was more of a conversation if this is the right move.
Interview Question – Why financial services? Answer Question
Helpful Interview?
Yes |
No
Problem with this interview?
Financial Advisor at New York Life
No Offer – Interviewed in Jun 2011 – Reviewed Sep 22, 2011
Interview Details – I applied through my school and got a phone call for an interview. The person I interviewed with was very down to earth and the questions were easy to answer. I was asked questions like where do I see myself in five years and if I like interacting with people or sitting in an office. At the end of the interview I was given a personality test on a computer.
Interview Question – What do you think my retention rate is? Answer Question
Helpful Interview?
Yes |
No
Problem with this interview?
Financial Advisor at New York Life
Accepted Offer – Interviewed in Burlington, MA Jul 2012 – Reviewed Feb 15, 2013
Interview Details – There are 2 interviews.
Interview Question – What is your biggest weakness? Answer Question
Negotiation Details – Commission based
Helpful Interview?
Yes |
No
Problem with this interview?
Financial Advisor at New York Life
No Offer – Interviewed in Boston, MA Jun 2011 – Reviewed Jun 2, 2011
Interview Details – One of the Partners found my resume online and contacted me. We had an initial phone screen and then a preliminary one on one interview at the Boston (Waltham) office. I have a second interview scheduled next week.
Interview Question – Describe yourself as a person. View Answer
Helpful Interview?
Yes |
No
Problem with this interview?
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