NLIC.org

Jack Said:

Is this man considered a success?

We Answered:

Yes he is a success no matter his race.

But the Republicans avoid this question for obvious reasons. (probably the ones giving thumbs down)

Geraldine Said:

How do I obtain a full time position with a mutual fund company? Somebody please help me. Thank you.?

We Answered:

I ran into the same trouble. One obstacle I had was geography. Unless you live in NY, Boston, or possibly Chicago or Baltimore (T. Rowe Price), it will be VERY difficult.

Another thing you want to get started on right away is working on your CFA (Chartered Financial Analyst) designation. Most investment firms won't even consider you if you haven't at least passed the Level I exam (there are three levels, all of which are extremely challenging - they make the Series 7 look like Kindergarten). I had passed Level II by the time I decided to go into corporate finance instead. That was in 2002.

This is a very competitive field, and in this market most fund firms are probably not looking to expand.

If you're open to relocating, your best odds would probably be to move to New York City - it has the highest concentration of investment firms.

Otherwise, I would suggest expanding your career options. There are many good jobs in Finance that are not with investment firms.

I'm sure that's not what you want to hear, but that has been my experience.

Good luck!