The Hultian Spring 2017 | Page 49

HULTIAN: What are the most important skills Morgan Stanley looks for in its future employees? Now we must see how they follow through. HULTIAN: What is the biggest mistake private wealth managers make on a regular basis? O: They’ve reduced those mistakes today because there’s a culture and O: I cannot tell you what Morgan Stanley looks for. You may visit their website, see the skills and apply for jobs directly. From a management standpoint, however, I want to see commitment that started in school. Earning good grades is a commitment that you made to do the best that you possibly could. If you have been employed elsewhere, I want to see how long you were employed there. Today the average job may last three years (except in the tech industry where it is less). If we are going to hire someone, we need to spend a lot of money and time. What we do not want is seeing new hires leave us for the competition after we have invested significant resources on them. Also, I want to look at the person’s communication skills. How does a person speak? Can he answer questions comfortably? Does he dress properly? "How does a person speak? Does he dress properly? Are his shoes shined?" process that everyone should follow. That process begins with a deep profiling of the client. If you do not do this profiling than you do not know what his/her needs are - time frame, return expectations, risk tolerance, and so on. You do not want to end up with a portfolio that is too aggressive or conservative for the client. Are his shoes shined? The first impression is incredible. You have to live the part. If a person is well dressed then he is paying attention to himself, and he is proud of what he looks like. That’s how he is going to look to others. One good piece of advice is that you scout the place where you are going to apply first and see what people look like. You want to look like them for the interview. Otto Busot