todd moore ⋅ Terre Haute, IN U.S. Army, Specialist ⋅ 4 years served

For wealth management, you need experience or education in the financial or related field. Most companies in wealth management look for those degrees. Managing millions of dollars in equipment does not seem to translate to them. I was able to get the interview because of my background and education in Economics. If you decide to do an MBA, then I would focus on Finance, Economics, or Accounting. I doubt you will be able to get Accounting as MBA, but you should be able to read financial statements. Finance might help you more; Economics tends to be too broad. Good luck. If you decide to do economics, then be sure to take econometrics. Brush up on calculus and statistics. I think those skills are very beneficial.

Brendan O'Neill ⋅ Princeton, NJ ⋅ 25 years experience

I agree with Chris Elwood. An MBA can be a great education, but the certification most useful to someone interested in providing financial advice is the CFP - Certified Financial Planner. (www.cfp.net) The program is not a cakewalk, but provides a great foundation. If you are interested in becoming a financial analyst, the CFA designation is the way to go. Chartered Financial Analyst. (www.cfainstitute.org)

Christopher Elwood ⋅ Ocoee, FL Cardel ⋅ 20 years experience

John,

The MBA can help but for Wealth Management as a civilian it is not an end all degree. Pursuing that career field is more about your own personal drive coupled with sales acumen. Like Justus pointed out, Merrill is a good firm. Many others exist that will allow you to transition while building your own 'business'. EJ (Edward Jones) offers a great package for both training and transitioning into whatever area of the country that you would like to be in. Most of the time if you simply reach out to a local WM with any firm they will be more than happy to help you. I only mention EJ since they tried vetting me two years ago, and I currently have accounts with them! Best of luck in your transition and thank you for your service!

Christopher

john macri ⋅ College Point, NY U.S. Army, First Lieutenant ⋅ 5 years served

Justus,

Thanks my contact info is 347-255-8858

Justus Hanna ⋅ Miami, FL HSBC ⋅ 7 years experience

John- I have a contact in WM at Merrill that is looking to take an ambitious veteran under his wing. Send me a note with your contact information and let's chat.

Justus