Junior Bankers Need to Work 12 Hour Days, J.P. Morgan's Erdoes Says

[@Hannahbenowitz]

It’s amazing really. We have a financial crisis, caused by greedy, reckless financial institutions. Congress passes legislation requiring those institutions to be less greedy and reckless. The institutions then lobby to have those restrictions removed, usually in the name of “remaining competitive”. This leads to another financial crisis. It’s completely predictable, and we have been doing this dance since the Great Depression almost 100 years ago.

[@HildaBennet]

Agree; the rules should be applicable to all banks - big or small. First; very few meaningful laws are passed and then this cycle of doing-undoing seems to support deregulation risking the economy and the faith in banks.

[@FinnBraylon]

A lot of folks downplay the role of advisors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850k.

[@bartlyAD]

Well, I've been researching advisors lately because the market news I've been seeing hasn't been that positive. Who is the individual who helped you, and is he or she still around?

[@FinnBraylon]

I work with Sonya Lee Mitchell as my fiduciary. Simply look up the name. You would discover the information you needed to schedule an appointment.

[@bartlyAD]

I just looked her up on the web and I would say she really has an impressive background in investing. I will write her an email shortly.

[@studioarcady]

12 hour days to master losing to the S&P

[@richardl.currier4052]

Ehh to be honest, all these wealth advisors say is "buy more Facebook buy more Facebook"

[@Fedgery007]

😂😂

[@terrencemiller6228]

I’m a finance major and you’re absolutely right. That’s why I don’t want to go in to wealth management because it’s basically a scam. I’d much rather go into financial advising to give people real advice.

[@ThePorschefan]

Wealth management is about helping them not pay taxes and hide money on tax havens, not that much about investing and returns, for that job they go to real estate or hedge fund flagship products

[@jurado1010]

Lol ain’t that the truth! That’s some funny sh!t

[@tigerrx7]

This lady slept through her Law of Diminishing Returns lecture in Econ class. It applies to studying and working long hours.

[@ranabirghosh8889]

I was thinking the same thing. Qualitative vs quantitative Hours.

[@Admin-gb3zu]

That’s why she’s there and you’re commenting on KZbin LOL

[@zahirul9916]

@@Admin-gb3zu Hahahahaha 🤣👍 good one

[@powerhouseinco9664]

@@Admin-gb3zu 😂😂

[@ChickenPizza]

@@Admin-gb3zu Frankly, I'd rather be here commenting on KZbin. Lmao

[@peterseverin517]

Remove the cloak of prestige, and what you'll find is corruption, deceit, mental breakdown, and overstatements of their ability to add value, all for a return less than the market rate.

[@tan6660]

Apt

[@HumanCarBomb]

Excellent observation, Peter!

[@Jsparrvik98]

Exactly I laughed so hard when she said how the overnight news affects each clients portfolio differently

[@adisuharya142]

Wall Street narratives…. Wait till you actually hear from these analysts on the actual time wasted doing useless presentations to maintain a certain level of “visibility”.

[@johnyjsl9219]

Just do the index baby !

[@FastTimesVero]

I’ve been in the business 16 years and have been very successful. I’d rather die than work 12 hours a day. That’s throwing your youth away for a job. Success means nothing if you have no time. Time with family and finding joy is all that matters in life.

[@SpecialJay]

Absolutely but I think the point here is that none of these people have to do this job - indeed, typically they're highly able and qualified and could get another good job in a different field. I did this. I worked 16 hour days. I couldn't do it now and don't have to but I was 23 and to me it was the most wonderful thing in the world.

[@FastTimesVero]

@@SpecialJay wow brother ok. That’s crazy my friend. To me, the best thing you can do is max out on free time. A job simply won’t matter when it’s your time to check out. I think most folks need their job to validate themselves.

[@steveaustin8870]

absolutely, only way that is worth it is to build your own empire

[@FastTimesVero]

@@steveaustin8870 time is most important my friend. We only live one time and I agree with you.

[@steveaustin8870]

@@FastTimesVero Absolutely, your are right, time is the most asset in life. However in order to acquire that we must sacrifice in the short term, rather than work away our lifetimes. But generally in society the poor always complain, the rich do not. It isn't easy to be self-made wealthy, takes a lot of work and sacrifice.

[@boreilly82]

She totally swerved the question about giving jobs to the children of wealthy investors.

[@Robsay01]

Noticed the same thing. She said there were programs but there were “off shoot” programs for those not as qualified that she explains. This was right after the junior college thing the guy brought up. Lol.

[@mulemule]

I wonder if "perpetual-KarenFace-with-Hamptons-haircut" is also part of the criteria? (Growing up on Chicago's North Shore and the daughter of a Partner at Lazard Freres probably didn't hurt either.)

[@Robsay01]

@@mulemule She looked a bit like one of those ladies going down Sheridan Rd. (North shore) Late for tennis at the club. GOP tax cut paid for her new late model car. Lol

[@dsj19]

She answered it just indirectly. In short at JUST a request of of a high profile client they're children are IN , in some way it might be the actual role they wanted which she didn't deny, but even if they don't get picked for the role they get a bonus training/intermship on how they should manage their wealth for personal use. The family will get some kind of benefits from it

[@christianwilliams4925]

I was about to say the same thing bro lol

[@JB-qt3wo]

I left high finance in 2022 after a 6 year stint. I came in at 185 lbs lean and fresh faced. I left at 265 lbs, bloated, with constant indigestion. I was also an alcoholic. All traits of a well seasoned investment banker. There are guys out there who can take it and not go off the rails. I don’t know how they do it. They’re like the Navy Seals of finance. If I was making enough money I would have continued making the sacrifice for a few more years, but I was able to take my experience and find a job where I work 25% of the hours for roughly the same pay, just not as much bonus opportunity. I at least wanted to take a few years off to get healthy again. I’m down to 210 and quit drinking in January. All in all I think it was worth it but it wasn’t a long term career for me. Most can’t hack it. The one’s that can, they generally are not people you would enjoy hanging around in your spare time.

[@learntonganwithandrew]

You should make videos about your journey.

[@ilLOLminati]

cocaine that's how they do it

[@princeofori9899]

You’re not built for finance.

[@JB-qt3wo]

@@princeofori9899 not really, but it worked pretty well for me.

[@Adam-de8yi]

Good to hear you’re better now. I’m an aspiring Investment banker but don’t want to be working that role for more than 6 years.

[@timhoheisel8939]

Managing money for wealthy people. What a noble profession. That's what humanity sorely needed.

[@thechickenduck8377]

Effective allocation of capital is always a good thing. Rather this way than "government redistribution" - see where that got some countries including mine not too long ago!

[@timhoheisel8939]

@@thechickenduck8377 Sure, making the rich richer is effective; in some universe

[@juanshaftpatel7488]

what do you do besides breed mor epoor kids

[@mogbp7775]

@@juanshaftpatel7488 lol we’re breeding your wives, cuckboy. Sucks for you that your wives like physically strong men instead of that jiggling chub on your belly.

[@Yore297]

Lmao

[@slevineleven007]

12 hrs of daily learning to generate sub-par returns. A basic S&P 500 fund outperforms 90% of so called wealth managers.

[@optimizedpran1247]

Wealth management is not the same has discretionary/active portfolio management.

[@Someonelikekanye]

@@optimizedpran1247 That must be the case because then why would all these millionaires and billionaires go to JP Morgan to get them to manage their money?

[@mdogzino]

@@Someonelikekanye not all billionai do that. Some hire ppl toanageoney in house. Look at bill gates he basically has his own mini hedge fund and has ppl working under him to develop trading strategies.

[@teejaysalgado9819]

@@optimizedpran1247 yes agree with yoy. I think some people here are thinking trading/wealth management are all the same. If you watch the whole interview, she explained the diff between Asset and Wealth Management. That's her department.

[@denib1326]

put it this way, talent that puts 12 hrs in w/productivity WILL leave

[@InvestorCenter]

It entirely depends on what you are doing within those hours. If all you are doing is realigning logos in PowerPoint like many analysts spend those late nights doing, you aren’t mastering the craft. And this is coming from someone in the industry

[@InvestorCenter]

@@arrowmouse yes

[@martinwhf]

@@arrowmouse more like comments from seniors in the evening/night and expectations on turnaround early next morning

[@davidc2838]

It's a "Hazing" strategy to "Weed Out" people. Back before there WAS technology...people had to write crap in ledgers...Like Scrooge and Bob Cratchet. And type out reports and then photo copy pages of presentations. JPM is under the mistaken impression that "Control" and "Hours Logged" equals better. If you're working on less amounts of sleep and zoning out at times because your brain isn't working as well as it was earlier in the day or the week...you're NOT getting a FULL hour's worth of credit towards that 10,000 hours. They may bet "harder workers"...as in hours burnt...but that's not always the "Best People". Which is why they'll get rolled one day by some better FinTech Company... Just like Amazon rolled over retailers... And Facebook and Google rolled newspapers and other media companies. They have the government in their pockets...but it won't be enough to stop the progress.

[@amaarmarco530]

its takes a certain level of intelligence , I don't know Why , But for some Reason , out of about 300 people only One make it to be a major money Manger , during all of my Work experience I've noticed that its Not just about the twelve hours days , the Time put in is Something Crucial But some People just have that Magic touch , Regardless of the Craft , it could be analyses , money managing , Directing , Sales , Whatever !

[@jhagestad]

She never answers the question: what kind of training do young associates receive? 12 hour days in order to master their subject in 2-3 years only describes the expectations of the company - not the actual training received. She’s so high up she probably doesn’t even know.

[@bossadave]

Making decisions after working for 12 hours gives you the same congnitive reasoning as if your are driving over the alcohol limit. (This has been researched and published) This probably explains why none of these “wealth managers” can consistently beat an S&P 500 index fund.

[@dimmacommunication]

Yeah anything over 10 hours is useless.

[@jyoung5256]

It’s not like you’re doing mentally tasking work all day - most of the work is preparing materials for clients, meetings, due diligence / process management etc. You’ll maybe do 4-5 hours per day of actually challenging analysis. I work in healthcare M&A and I can assure you that’s it not a matter of being told that we have to work long hours, it’s just the reality of it. Client services are 24/7 which means that you have to always be available as a junior banker.

[@dimmacommunication]

@@jyoung5256 Working for 12 hours would be exausting even if you had to sit all day on the chair doing nothing, trust me. 1st of all you are chained to your job around the clock , you leave work at 9pm get up at 6-7 am , isn't that slavery ?

[@paolointhenight]

@@dimmacommunication It's not slavery. You get paid (quite well). You can quit. You can get promoted. You learn skills that will increase your value elsewhere. Slavery. Jeez. It's like some people here have never worked hard in their life.

[@GustavoSilva101]

I work 15h/day in M&A and my decisions are just fine. I guess it's a job not everyone can (and should) do. So long as you love your job, anything can be done

[@BoxOfOranges84]

Danced around that question about hiring client's kids...those who have worked and interned on Wall Street know that it is extremely common 🤣

[@ca8824]

The quote I saw basically said she confirmed it. I mean, duh, are you going to not hire a kid for 80k and risk losing their parents 60mil in investment? Yeah, somehow life is gonna be easier when your parent is a deca-millionaire… Its 2021, they don’t even hide it. Larry David’s daughter went on tour, talking about the jobs she’s gotten because of her dad… Honestly, I don’t even care - the problem is not that we have people that rich the problem is we have them AND YET we can’t house the homeless, end childhood food insecurity, and make sure EVERY American has health care coverage, and we have chronically ill elderly people living in bed bug infested motels. As a nation, we have everything except a f*** to give.

[@michaelyerzinkyan3205]

completely ignored that question indeed

[@poovaneswaransupramaniam19]

Good one

[@Philosific]

😂😂😂 i caught that.

[@jr8573]

Not really. Its not a yes or no. It’s complicated I think it was an appropriate answer. Some are actually qualified others are forced into the company by fear of losing funds from the families. Among the others who have no connections that are highly qualified its a complicated answer. But I guess to someone who doesn’t understand business management and networking it seems like a political answer.

[@frankiechong3819]

I have worked with this woman before. She is a horrifying cruel human being and honestly, the devil has nothing on her.

[@osmankalif3500]

Lol can you elaborate. She seems like a corp narcissist, like she thrives in it. No hate to her

[@Ray03595]

@@osmankalif3500 if you've met one corp narcissist, you've met them all.

[@Jump-n-smash]

I wouldn’t trust her with a knife

[@lemonstrangler]

i worked with her too, i was pretty poor . she helped me a lot. she has her biases, maybe she didnt like you lol

[@HowardC-mq4xq]

I worked with her too…j/k unless she’s a nepo hire, she’s probably been battle tested and clawed her way up from the trenches to get to where she’s at. She comes off as someone who wouldn’t ask others to do things that she hasn’t already done/been thru. People like her are no different than elite pro athletes in regards to their psyche. All the 1% performers, no matter what industry, will exhibit traits similar to this lady. Don’t hate the player, hate the game.

[@dm2060]

I was an engineer at JPMC and I'm grateful that engineering didn't have this ridiculous work culture that the business side has. For engineers JPMC is probably one of the best firms to work at, provided you're ok being paid slightly lower than your counterparts at Goldman or Wells.

[@utkarsh4386]

Lmao if you're an engineer, fuck Wall Street and go work at a real tech company, or better yet, a unicorn startup

[@BountyFlamor]

What does an engineer do at a banking company?

[@bobhope707]

@@BountyFlamor Financial Engineering, building quantitative models and algorithms for trading and/or economic forcasts. Or I could be wrong and they build bridges n shit idk lol.

[@soccerfp]

@@bobhope707 wrong. Those guys are on the business side and work long hours. Engineers develop and support the applications that serve the business units across JP Morgan. They are back office.

[@dm2060]

@@BountyFlamor lots of stuff. Banking apps, loan processing apps, kyc automation etc etc. JPMC has the largest private cloud on the planet. It has a 12 billion dollar a year investment into technology.

[@activatealmonds]

If you truly are working at something productively, you can't do it for 12 hours straight. But you can power through 12 hours of standing at attention for an egoistical manager, without doing much work. That's what she really means.

[@lollmao249]

Most underated comment. I bet that bitch won't even be able to work 5 hours straight and she must be one of those idiots who only got on top because of her duddy's connection and doing some stupid excel work

[@sanguinor5609]

In IBD at least you’re not just working on one thing for twelve hours. You could be staffed on 2 live deals whilst also doing client service work (eg. quarterizing revenue for the past 2 years). That’s why IBD fellas work crazy hours.

[@deovid]

"If you can't do the job in 40 hours per week you're not fit for the job" - best comment I heard from a very successful Dutch CEO and entrepreneur.

[@kaberigomes2117]

I think they are not really making them just do the job. But trying to inculcate specialized intelligence inside them. There has been alot of psychological literature on this why this actually works. I guess it depends. Some CEO or business heads just randomly decides to make their workers overwork as kind of punishment or to prove their hard work. While in some field, it might really be useful.

[@ironsideeve2955]

Europe has a different mindset.

[@ironsideeve2955]

@@kaberigomes2117 it doesnt work. It just burns ppl out, or turns them to coke. Lol

[@kaberigomes2117]

@@ironsideeve2955 Jordan Peterson, have you heard of him? He is a brilliant psychologist, who says this actually works in specialized fields eg, science, finance. On the other hand, a waiter won't get better at his job by doing extra hours. He will be burned out.

[@NineDiamont]

don’t believe that a 40 hours week is enough, guys working in higher management are spending way more time than that working. There are some guys working just as many hours as you but they get done twice the amount of work. So better don’t be so disillusioned to believe you work hard enough..

[@Wongseifu548]

She was being dishonest about the second part of the questioning. If someone with a billion dollars sunk into the firm like jp morgan chase wants a small favor such as hiring their kid for entry into wealth management jp would not say no. To assume everyone has the same oppurtunity in that regards is honestly laughable

[@dostoyevesky12]

lol there is alot of nepotism that comes from alot less money than that, if any. Shes lying through her teeth

[@sharpie1948]

Yeah seems like she’s not answering the question

[@SharkAcademy]

Technically she didn’t lie because she never even tried answering the question

[@andrewstorm8240]

Wonder how much educational programs cost - turn exposure into revenue

[@andrewmaina8422]

She said they are welcome but if the kids do not hack it, they are let go honorably.

[@joejoeb2000]

“Vigorous training on stock investing” essentially means train them to sell mutual funds and other pre-packaged investment products lmao

[@gabrielhaskins705]

Yup. This right here.

[@InTecknicolour]

all to lose to an index fund like vanguard.

[@patbarry1272]

So true dude

[@loveiseverything_4ever]

I don’t mind working 12hours a day if I am helping end poverty, save lives, teach kids, do something very useful. But working 12 hours a day minimum means you will be spending at least 16 hours a day on the job if we account for commuting, getting ready for the day, the break, and other misc things. That gives you 8 hours for sleep, personal life, going out with friends and family, and your personal projects and hobbies. In other terms, you will be sleeping at max 5 hours and you will be exhausted all the time.

[@ThhVkk]

Shut up about working 16h/day fighting poverty😂

[@HowardC-mq4xq]

No one is stopping you from doing that junior 😅

[@krox477]

You won't have energy left for personal projects

[@gshafe]

Basically, if Papa Johnny has billions tied up with us, we can find something for lil Johnny

[@jays5926]

How to get a corporate job in 2024 1. Be a hot girl 2. Have rich parents

[@blakelewison9872]

These wealth managers don’t know anything. A robot would do a better job investing.

[@daikucoffee5316]

That’s not exactly a secret. Technology will displace these people within 10 years.

[@jimbojimbo6873]

Smh wealth managers will not get replaced by robots… Robots may do the process but the advisory business is only growing globally, tax treatment, family planning and changing for new laws and regulations cannot be just ‘done by a robot’. At the core it will require someone to design the process for it to work. These jobs are not going away anytime soon.

[@NetworkPIMP]

@@jimbojimbo6873 buddy, it may take a bit more time, but their days are numbered too... It's all math. It may get more complicated as you add variables, but that's the point, bro: math with variables is what robots do best ... it's just a matter of time. Sleep tight little man, your robot overlords will take good care of you as long as you don't resist.

[@tiendoan1333]

@@NetworkPIMP No. The people who invest using automated systems underperformed traditional system. Investing is also a human behaviour game

[@youngmo77]

@@jimbojimbo6873 A.I is going to prove you wrong shortly.

[@tintocherian7715]

Trying to climb the corporate ladder is pointless these days...now is the time to be entrepreneurial

[@YoungDen]

Exactly having been up last year 358% I can tell you I didn't come no where near 12 hours a day for 6 days a week to beat the market. Understanding value and keeping high risk investing below 20% of portfolio will do a great deal for most of us.

[@adiso7613]

Scammers incoming lol!

[@franz3810]

like fr

[@amanbendel6270]

My goal is to maintain my 9-5 and don’t let it maintain me. Continue to grow my real estate and e-commerce portfolio. That’s where my mind is.

[@westmax8491]

@@amanbendel6270 just graduated high school and don't know what the heck is that! Lol seems we learn nothing worthwhile in schools

[@mebin0059]

So that's how you sell your family office services on live television.

[@ceciliaboombah9270]

I was an "exempt" employee working @ JPM. That translated to expectations of 6 day weeks, 10 - 12 hour days, and 24/7 on-call. To show their appreciation, we got one team dinner at a difficult to get to suburban restaurant, and maybe a baseball game.

[@arnaudbaguet2287]

Surely you had a nice pay and bonus as appreciation ?

[@edwardfitzgerald3877]

@@arnaudbaguet2287 That's called compensation (yes, bonuses are also part of comp.). Appreciation would take the form of a kind gesture given out of goodwill to express gratitude for one's sacrifice.

[@mattsmith718]

Boo Hoo, you choose that line of work and now you want people to feel sorry for you.

[@zeheero]

@@edwardfitzgerald3877 What sacrifice? Did the people at JPM invent an actual product that benefit society as a whole while make legitimate profits on their own dime?

[@edwardfitzgerald3877]

@@zeheero They sacrifice health and family time.

[@longrw6433]

If someone is worth 5 billion dollars, does their kids really need a job at JPM?

[@createnewproblems]

You cannot teach experience. To answer your question directly - maybe not - but if you don’t want a dumb kid, educating yourself in these types of institutions helps!

[@longrw6433]

The point in my question was any bank cannot say no to someone asking for a job for there family members if the person asking for the job has a 5 billion dollar net worth. That job opening has candidates that are not guaranteed the job based on family wealth.

[@HolyBaloney314]

@@longrw6433 They need to go through normal HR process. Once upon a time, a bank was fined 15 million dollars b/c conflict of interest.

[@isaacperess8852]

Isn’t the point of America to work hard to make it easier for the next generation. If your worth 5 billion why make your kid work 12 hours a day for 8 years just to be like you. What the purpose of life there? With 5 billion wouldn’t be interesting to encourage you kid to start thinking about making the world a better place. These people suck, rich people suck.

[@PaulMcCannWebBuilder]

If I had 5 Billion dollars, I'd make sure my kids mastered wealth management. If the 2 1/2 years really was about mastering it, then they'd theoretically be able to do anything they wanted by 25-26. And then their kids would have to learn how not to lose the 10 billion they'd have to play with. Unfortunately those 12 hours days are more about advancing your career and doing your time at the bottom of the Pyramid Scheme.

[@davidhollins870]

Just resigned from these clowns - security guy told me that a couple of people had been taken out of the asset management unit in ambulances. Ain’t worth it.

[@AZrakoon]

Jamie Diamond got so stressed out he needed heart surgery.

[@annajones9701]

What division were you in?

[@anonymous5424]

those candlesticks ain't no f.ing joke bruh

[@anonymous5424]

but bro , what was the reason?

[@pandabear1576]

@@AZrakoon and he wasn’t even doing the role being discussed anymore!

[@ExtraAware]

If it takes 12hrs a day, 6 days a week, for 2 1/2 years. Then maybe you need to reevaluate your “program”. Because all I’m hearing is inefficiency. Maybe do partnering with universities/colleges to train analysts earlier (sophomore, junior) that can reduce the amount of time needed once fully graduated.

[@pokegan52]

This takes away from the “prestige” of working on Wall Street, something all these snobby little shits value at the highest level of the food chain. The Hours may go down but the pay will too.

[@lennynsiala-mandard3300]

? Inneficiency ? Have you ever worked in financial advisory ? It takes 5 years of experience minimum to get familiar with the market, the language, and the client's behavior. To manage to get it and perform in 2 1/2 years is an impressive achievement to begin with. Just so you know, they do partner with colleges, it's called an internship. And 6 month is just enough to put a toe in this industry. You're still a baby who haves no clue. It isnt just prestige, it's real hard work, with impatient manager and sharp clients who'll get you out if you look too scary or little to handle it. Get yourself informed.

[@ExtraAware]

@@lennynsiala-mandard3300 By the sound of it, they do not do any extensive training outside of actually being initially employed. She never mentioned once “if you’re an intern, it’ll only take X time instead of 2 1/2 years working ridiculous hours”. They use the lure of “working on Wall Street” knowing that these employees will either burn out and leave for another company that doesn’t treat them like complete garbage, or suck it up for the timeframe. There’s no work/life balance in the situation, even if it is temporary, if they treat you like that in the initial years of employment, what else will they do down the road? Also I have been in situations where I have had to work ~16 hrs for a few days at a time. But the key difference is that i was compensated well for that, I can’t say the same for employees in that program.

[@tomnewham1269]

@@lennynsiala-mandard3300 I do my own investing and I can tell you I don't spend hours everyday doing research and it has taken me only a couple of years to get an insight in how to invest. And my returns from my investments are greater than what I ever got from 20 yrs of having money in a managed fund.

[@Mirio032]

I love when managers say “work really hard and you can become a manager” at the same time they also tell that to 10 other people. From experience just do your job, don’t ever go above and beyond, get your check, and go home and enjoy life. No one cares about you. So you need to look out after yourself.

[@Avalanste]

Its a common yet vicious cycle, junior bankers slog their way up so their managers will earn big bonuses, and when these bankers become managers, they will in turn want new bankers under them to do the same. But many would kill for this job because of corporate branding exposure.

[@jicalzad]

Yes I suspect the long hours put in by the junior staff are solely to benefit the mid to upper level management, basically so the mgmt can take their extended lunch breaks and or leave the office early.

[@InTecknicolour]

yea if you know you aren't cut out for this type of shit, you do your time (2-3 years) and then leverage that brand name job for a better one in a less soulcrushing firm

[@harshilpatel9643]

I don't understand how 12 hours a day gives you higher returns and I haven't seen any proof of it.

[@jicalzad]

Good point, i guarantee u they would have the same results if maybe they did 12 hour work days, but only 3 to 4 days a week

[@delmanpronto9374]

since time immemorial, what brings true value to the world is innovation. i doubt 12 hours a day can bring about that.

[@anonymous5424]

as someone with first hand experience you are right

[@VarthalabauHair]

It doesn't, but she can't just say "Oh juniors? Yeah we fucking work them to death lol", she has to package it nicely and she's an expert at this. Saying you need 10k hours to master a craft in 2.5 years is ridiculous, that's like asking someone to do a 4year bachelor's degree in a semester... Only a super genius' learning curve is that efficient. But then again, the people who go into investment banking know full well what they're signing up for. It's a ruthlessly ambitious sociopath's world.

[@shapeshiftingpanda]

She deftly dodged the question about whether the firm gives preferential hiring to the children of wealthy clients, which probably means that they do.

[@tg-us3hw]

ofcourse they do, the rules only apply to the poor, the rich live by different rules

[@joshbenson8039]

That’s a good way of keeping regular people from wanting jobs they’re giving away to well connected client’s children & friends etc

[@elcordobes-i1h]

12 hour days, 6 days a week - Is she mad ? She'll end up with exhausted employees who have been exploited by the system to line their own personal pockets

[@Markdfadf]

"Exploited" People give their left nut to get those jobs. No one is exploited.

[@lizardman2808]

unfortunately that is the reality, not only in the banking industry but all around the business industry in general (from Big-4 to consulting firms).

[@Leuel48Fan]

So glad I'm in the Tech industry. Tech >>> Finance in terms of stress, work:life balance, and overall happiness with still good pay 👍🏽

[@b.l.8611]

What about all the drugs they take to Master their job, due to the long hours they work? Adderall helps.

[@Wongseifu548]

No offense people take adderall in college. The drug is not exclusive to ws banks

[@dobie6929]

@Ryan Navas the consumption is daily or weekly?

[@dobie6929]

@@Wongseifu548 the consumption is daily or weekly?

[@OLHA15]

I work in wealth management and we do not work as much as she claims Junior Bankers in JPM does (I work in Norway and not for JPM). Also I believe working so much leads to a higher chance of making errors or missing something. Driving it’s employees to work as much as the big banks does is unhealthy for everyone. For the bank it means that someone you have invested so much in will have a limited horizon as an employee as one will seek elsewhere at some point. For the employee it is just torture, even though you make a lot of money, the “norm” of what you have to spend on suits, watches, champagne etc makes saving hard. However it is worst for the paying customers who get overworked advisors.

[@tiedngag]

This is correct. I did three years of training and development and then you get a promotion and significant more money and responsibility. Although I did not do this, once you get the promotion, many forget what they went through. The money and prestige is what drives most bankers.

[@drewcohen8237]

I was in investment banking when I graduated - I would have loved to have had 12 hour days. It would have been a great improvement from thx 90-100 hour weeks…

[@user-yx6ox7us9v]

At that point, isn't this a fancy way of saying you were working two full time jobs?

[@jonathang8263]

Love the way she ducked the direct (and very good) question about what happens if a huge client asks JPM to give his or her child a job...real answer, "yes of course". You pay us tens of millions a year directly or indirectly so naturally we'll find some kind of home for you child however moronic or lazy they are because if we don't XYZ bank will and we'll risk losing some or all of your lovely money.

[@dsj19]

Ayee u heard her very clearly, thats exactly what she said Ong😭

[@steve3585]

Every answer she gave sounded like sales talk to me.

[@dsj19]

@@steve3585 re listen she basically answered his question. If theruch clients want in. They get in somehow. Even if it's not the position they want

[@UKindness4]

It is insane and it requires a sociopathic character. It is a gambling profession no different than Las Vegas but in Armani suits.

[@miniberricsclips2594]

Ur not wrong it’s a big game

[@lennynsiala-mandard3300]

What's the corelation with sociopathy ?

[@delmanpronto9374]

it's a big ponzi scheme. excrement packed in a gold wrapper.

[@oc5515]

Working 12 hour days require a sociopathic character?

[@Chilldude149]

and best part you play with economy

[@KobeyBlock]

If it takes you 10,000 hours to teach someone something to have the same knowledge and understanding as you, you do not understand what you're teaching them.

[@purpurina5663]

Yes, she just spewed that to make her case but she’s not applying it correctly. Studies indeed show you need 10,000 hours to be an expert at a given subject, as it is the time that creates an uninterrupted neural path. Therefore, it is relevant for dexterity and ability rather than knowledge. For example, it’s the amount of hours a Cirque du Soleil acrobat takes to perform without “thinking”, or a violinist to read and interpret a score in one sitting.

[@FinanceVector]

@@purpurina5663, I appreciate the clarification on the 10,000 hours.

[@bigtex4058]

I guess that one day off will allow them to hit the grocery store, car wash, etc. All those chores they did not have time for during those six 12 hour days. Or were too exhausted to do. It appears that companies who can't use robots to do the work are going to compensate by treating the people like robots.

[@kom3479]

It’s called work ethic, how bad do they want it. Nobody gets to the top working 9-5

[@AZrakoon]

I'd rather work a standard 40 hour week job just getting by in Texas, than kill myself for some yuppie job in New York.

[@lennynsiala-mandard3300]

Lol, that one day off just enable them to get anxious about the next week. Actually most of them spend their day off working on things they had to put aside to complete priority tasks.

[@AZrakoon]

@@lennynsiala-mandard3300 Sounds rough, I hope those who dont want to be there can find a way out.

[@blottobrain]

That "10,000 hrs to mastery" concept is a myth. Sad to see those who are supposedly very smart force that crap on employees only to burn 'em out.

[@jhutfre4855]

Completely agree. Not to mention you can spend all those hours learning worthless subject. Making money is knowing to handle the money and chasing it relentlessly. For all other things it suffices to be "literate"👍

[@행복하자-d2x]

In korea, there is a term called hip fighting which means spending time sitting at a desk. If all junior bankers' working is just realigning sth in ppt or excel....

[@123-f6j8h]

What is there to practice? Doing absolutely pointless tasks on Excel! The majority of work on wall street is just to appear like you're actually doing something when you're really just bleeding customers dry with fees!

[@peterhaberlehner6749]

try being on an m&a transaction selling a +$5b company with complex capital structure to multiple private equity funds across the continent, then dare to tell me it's "pointless" tasks on excel lmao I get your point but truly theres a side on finance that's hard as fuck

[@sch5827]

@@peterhaberlehner6749 lol to be fair, everyone here has a valid point. There is definitely some value created by these bankers. The question is how much and how efficient is it? Probably not that much, as too much time has been wasted in, well, especially for juniors working long hours, aligning logos and things like that.

[@recoveringarchitect7581]

@@peterhaberlehner6749 But, in this case, we're talking about wealth management. None of this is about IB, there is no deal flow here. Even in the sell side world deals aren't usually billions of dollars. Larger deal include multiple banks (and law firms of course) Though I am sure junior IBankers would love to work only 12-hours a day. That is a grind like no other and yet filled with top talent from the best schools. It's a weird place

[@georgev5766]

Yeah. Hard…HARD pass! My uncle used to always tell me: the richest man is not the one that has the most, it’s the one that needs the least! I’m a multi-discipline engineer working from home 4 days a week (barely 40 hours) and getting paid more than my parents ever dreamt off. Good luck with the 12 hr day! 😂

[@chvishal]

That's you only managing your money. If you were handling someone else's money it's a different kind of work hours

[@mareezy]

Dreamt of*

[@xhesitase9729]

Ohh, look another person trying to show how important and "successful" they are.

[@georgev5766]

@@xhesitase9729 well. You certainly think so. I just went to school, made some lucky moves and I’m doing ok. Lower-middle class may be important and successful to me, but not to most people. Perspective is everything, mate.

[@mahavakyas002]

she actually said that without an iota of shame in her voice or on her face. that is what your dealing with; a heartless corporate culture that cares two hoots about the people who work for them (and the public at large).

[@manuelr1405]

do farming and homesteading you'll live longer.

[@gitgenKE]

You onto something

[@delmanpronto9374]

and you'll be happier.

[@fabiankunz7599]

on some days, I worked 18 hours and more in JP Morgan's Investment Bank in London. it was a very tough time, kudos to anyone who commits to excelling there

[@triplebeans4159]

What exactly did you do while working there?

[@EuroGuy85]

@@triplebeans4159 what happens inside the closed doors meetings of JPMC stays there, ok! No comment.

[@christschool]

Fabian, your LinkedIn profile says you were an intern in Commercial RE at JPM.

[@maknavickas]

So insane that 250,000 people work for a company that doesn’t make anything. What a waste for all those motivated and hardworking young people.

[@-Plot-]

Dude they make money

[@wristocrat]

Who do you think funds everything? The government? LOL

[@maknavickas]

@@-Plot- So I should respect them then? Is that how you view life?

[@-Plot-]

No you are saying they don’t make anything and I’m just saying what they make is money. Definitely don’t have to respect them or anything.

[@wristocrat]

@@-Plot- exactly. All the major innovations require tremendous capital to move around in spontaneous (albeit systematic) ways

[@dennismassimi]

Imagine using some random factoid Malcolm Gladwell pulled out of thin air to justify working your employees to death

[@roberttabamo4524]

Don’t have to imagine if she already did it

[@annajones9701]

Is based on research - malcom 10,000 hours is about correct for most things

[@quanty30]

I used to be on a graduate programme at the supposed best private bank in the UK. Believe me, you learn basically nothing every day in work. As a private banker/wealth manager you're just rich people b*tch. I run my own company now which turns over £1m+ per annum and I learn more every day that I did each month in the wealth management arena. The only advantage you might have from working in wealth management is connections. But personally I find it easier to build great connections as an entrepreneur because other successful people give you more respect off the bat.

[@BountyFlamor]

Did you do cocaine at least?

[@netsfreak]

Are there any openings in your company?

[@FinanceVector]

Congratulations!!

[@Rob02138]

😂 She makes it seem like they are the equivalent of Special Forces Operatives, the elite units. Yet their returns for clients are pretty much equivalent to index funds if you’re lucky. In fact, their investment management portfolio platform is essentially all index funds. Yes, they will farm money out to private equity and hedge funds, but those aren’t their analysts.

[@andrewmccoll1582]

Exactly LOL

[@jdavidson124]

I left banking after being an Analyst for 3 months. Years later, still the best decision I've ever made. Anyone that wants to go into banking and values their mental health, please reconsider.

[@rohanvyas9325]

How many hours/day you worked as summer analyst?

[@jdavidson124]

@@rohanvyas9325 I was actually a full-time IB Analyst and quit after 3 months. The hours were between 70-90 hours per week depending on what was happening.

[@Ray03595]

@@jdavidson124 what work did you end up going into? I'm trying to leave the hell that is corporate America myself.

[@jdavidson124]

​@@Ray03595 I went into tech - better culture, better work/life balance, high amount of impact, and good pay. For anyone just graduating college or 1-2 years into their professional career and wants to go into tech, starting as a SDR is the absolute best door to get in without the engineering background.

[@rogerbarrett8744]

Do not work 12 hours a day if your firm wants or expects you to, ever, only if you want to. Work a maximum 8 hours a day for a max of 5 days a week. Get a work life balance, become a measured stable human being who enjoys their live. Making money for others is the most unfulfilling practice, you will quickly become replaced.

[@gordoboy18]

It’s a choice. Some are built for it and some aren’t. That’s how the world turns.

[@ritaj7080]

took me 10 years to réalise what you said ..Ive worked til i ruined m'y health and now all I hear is "no budget"...m'y 2023 résolution is to become an entrepreneur

[@amesakurako1]

Investment banker here and let me tell you nothing in this life is worth spending 14-15 hours a day at the detriment of your health and happiness. Yes I do know people that are extremely hard working and gain knowledge and experience from this, but a lot of them don’t know how to work smart and are also some of the most obnoxious bullies I’ve ever come across. Banks won’t ever get the culture piece right because generating fees is above and beyond all other priorities. And there’s not enough hours in the day for banks to truly get to the bottom of ensuring there is a fair and inclusive culture across the business. I have worked in D&I steering groups and this is my own experience!

[@sullivanbiddle9979]

I don't like to make blanket statements but it does seem that the type of people that gravitate toward investment banking place a higher value on earning as much money as possible and career status above what most other people would consider their top priorities such as personal time and being with one's friends and family. It seems they value money and career advancement to the exclusion of all else actually. I doubt that every last person in NYC finance is a bonfide sociopath but as a middle class schmuck from rural New England who only works 40 hours a week and loves to be home eating dinner with my wife and kids every single day of my life and who occasionally wears flannel there is something so utterly repugnant about the lifestyle and the people who choose to pursue it.

[@user-ql3ws5uz1d]

She looks fun to hang out with

[@ritaj7080]

hahahha

[@LowUTR]

Having worked in Wealth Management, you LITERALLY don't have enough hours in the day for the types of networks you need to create. It is a numbers game and you increase your chances of succeeding exponentially by working 70-80 hours a week vs. 40 hours. Trying to build a 100 million dollar book so you don't get fired is one of the hardest things you'll ever do, but you are set for life thereafter.

[@FinanceVector]

Makes sense.

[@muratt1163]

how many invdividuals or companies comprise 100 mil? on average?

[@LowUTR]

@@muratt1163 Three million median, 5 million mean. Therefore, 33 clients.

[@adamatid]

Why do these obscure financial figures always have to glorify their work? in their talks they always say indiscriminately that they hire only the best minds, that they work smarter than any industry, that they always work harder than any other industry, that they are morally and intellectually more upright and moral people than those in other industries. Has anyone asked why? Why do we never hear the best companies in the world (not finance), glorify themselves in the same way? these financial figures are just low-level manipulators who try to appropriate and make people believe they have all those characteristics listed above but in reality they simply want to hide a very low-level moral azard job, i.e. taking money at no cost from citizens bank accounts, lend it and profiting interest and fees, simple as it is low-level work.

[@Pete-rs4yz]

Bankers are just salesmen. Their job is to sell investments. So you need to work twelve hour days to cover all the time zones. If you're not taking people's money, then someone else is. And this divorced woman with her one latch key kid takes a cut of everyone of her underlings' business.

[@FinanceVector]

Now that makes sense.

[@cartesian_doubt6230]

Don't feel sorry for these people. They chose this line of work. The men who do the unbelievably dangerous work of working on oil rigs can make upwards of 100k or more. They chose that work. Likewise, if you want to be at that major league level of banking, expect to work 12 hours. That's just part of the deal. Don't enter investment banking and then complain you don't work a 9-5.

[@MPK1881]

Every one looks as a rockstar in a bull market. Wait for the tide to recede, to know who is swimming naked.

[@PapaSmurf69242]

Love that buffet quote right there

[@frankhynd885]

Some rich folk like their money to be invested at large banks by eloquent, polished wealth managers from expensive boarding schools and ivy league colleges who will charm you during fancy lunches etc. These wealth managers are paid say $ 500,000 or more and you will pay 1.5% of the portfolio value for this service or $150,000 per year for a $ 10 million portfolio. Equity index funds charge 0.25% or less per year and their investment returns exceed by 2% or 3% the returns of 80% of the wealth managers’ portfolios on a consistent basis. Wealth managers are often forced by their employer to invest client money in in-house hedge funds at an annual fee of 2% or more. Do your research and take your pick.

[@drakis27]

Wasn't the 10k hour rule debunked? This woman is ridiculous. So many things wrong with the financial world.

[@DLL-y4p]

Most people don't understand there really isn't that much to learn as a banker. They earn a commission from selling finanical products (can be complicated but most are just layers over simple concepts) so there is very little value-add as compared to other professions. This is why they need to work longer hours to justify their existence.

[@donkemp8151]

I’m having a hard time thinking the child of a $5 Billion parent is going to a nice junior college.

[@patrickamoyaw1492]

😂😂😂😂

[@charliedallachie3539]

Of course they’re probably not getting paid by the hour either. I think hourly pay should be an option if a job goes beyond the typical 40 hour/week job that a salary is usually based on. 60 hour weeks is 50% more labor so pay should be 50% more as well.

[@Fedgery007]

They’re making a choice to work like this. It’s a choice.

[@trowwzers5057]

@Sodium Chloride with the movements going on in the US and South Korea, I doubt it will be like this in all industries like it was 10 years ago

[@pandabear1576]

Well they get bonuses that put them in the 6 figure range especially if they work in one of the big 3 cities the bank exists in.

[@SurgeEquityResearch]

She’s straight out of a movie that’s about a hero vs an evil global corporation 😂

[@huaweivideographer6756]

I don't need 12-hour day for 5 hard years to learn that they can't beat S&P 500 or nasdaq-100. Sorry I resign tomorrow.

[@charlessmyth]

The kids need to appreciate that J. P. Morgan is eligible for the federal bailouts that socializes the losses, and they aren't. Go enjoy yourselves kids :-)

[@ilsalinsa8434]

Ouch. She didn’t answer the question. I went to Harvard and it took me 30 years to understand this type of toxic person and awful work environment will MAYBE make you you middle class / high net worth. Only inherited money makes you rich in America without risking your health and sanity being around this BS.

[@Fahmbo]

People should learn jobs that add value/produce something for society.

[@jonnylons1]

12 hours is OK, 5 days a week (not 6) in your early/mid twenties. The problem is the 14-16 hour days, the more than 5 day weeks, and when it continues pointlessly into your 30s. Oh, and you used to get comped really well for this (less so now but not as bad as people make it out to be).

[@jyoung5256]

12 hours would be a dream. Right now as a first year analyst I average 14-18 hours per day, which is brutal. Weekend work is more sporadic and is usually just a few hours on Saturday / Sunday.

[@Tejas2148]

Why not just go all in on the S&P and get 10%? Why settle for a wealth manager who’s taking a cut of your 6.5%?

[@Stoneface_]

Exactly right and I don't think many of them will beat the Index, in the long run

[@RamiroR13]

That’s what you should do. One of the few things I like about this business is you’re really just fleecing rich people with fees.

[@satoshinakamoto7253]

wealth managers need to outpace inflation DESPITE how the s&p and market performs. Its to take care of others capital

[@Tejas2148]

@@satoshinakamoto7253 investing in the S&P is an inflation hedge though

[@Clyde.artwork]

They're hacks. She's a fragile Russian doll. Most of their jobs will be replaced by AI/IoT.

[@Ajayharrysimon]

AI is not that advanced yet you dummy. I work at IBM quantum. No where near human brain yet

[@delmanpronto9374]

most of their jobs are already unnecessary... or would be so if the economy worked efficiently. efficiency is a problem for rich folks and frauds though.

[@Ajayharrysimon]

@@delmanpronto9374 lol, they are rich cuz they’re efficient woth their time and money

[@delmanpronto9374]

@@Ajayharrysimon it's the efficiency of the economy i'm speaking about not the rich folk genius. an efficient economy brings about fair competition. most of the wealth is passed through inheritance not by virtue of efficient transactions.

[@TheMoFauxs]

She meant to say “Work 12 hour days doing the menial work generating leads so we up top can close on the deals and make the real money.”

[@Dr.Kananga]

There are far more successful people who made fortunes without all these meetings, studying, overworking.

[@ciaronsmith4995]

No they do not.

[@servandobeltran7842]

I think this banks require this because they want to send a signal to their clients that they are top performers in order to retain and attract more wealthy clients. This depends a lot in excellent reputation which is difficult to obtain because is difficult to beat the market with that fees. If not the bussiness falls apart easily. Working so many hours for the best compensation is a heavy trade off but there is people ambicious and psychologically built for this, besides as you ascend positions this load descends. Just think this, there are also a lot of people in all the world working long hours for a dime.

[@hoy788]

Such as a 12 hrs/ 6 days a week, basically reeling someone don’t have a life, and make sure you don’t focus on your happiness and mental health, but focus on making money. What a great hidden message.

[@diegoyotta]

Mathematician here: it can be demonstrated mathematically that the future is unpredictable. For example, weather models cannot make accurate predictions longer than a week, or the famous three body problem. Yet, these “analysts” spend all their time trying to understand a business and predict the future. This can work if there is a pattern, but in most cases there isn’t and any advice is just a fancy guess

[@purpurina5663]

I completely agree -and even more, I contest that economy is really the science that they’ve made it to be. Of course, you cannot say this out loud, because economists are viewed as the cornerstone of knowledge today (so much so, they award a Nobel prize that is not really a Nobel). BS! They operate on assumptions and aggregation; they treat trends as norms; they live for the dogma of “more is better”. And they usually end up being wrong in their predictions.

[@diegoyotta]

@@purpurina5663 my uncle is an economist, and in his own words he describes it as BS. Even physicists will admit that the models and formulas are nothing but abstractions or analogies of reality, but can never be reality itself. A good analyst should understand this and make predictions pretty much like an actuary

[@FarrFromPerfect]

Work day for jpm = 12 hours Rotation period = 2.5 years Being gutted first day in the (real) job, due to your lack of actual useful analyst skills, reddit users yolo'ing, hedge funds playing, hft spinning and management dumb bets.....priceless

[@laughoutmeow]

These jobs are a complete waste of time. It’s hustle just to hustle you do not need to spend that much time learning the technical aspects of these financial roles. Engineering is a better use of time because your being judged on actual tangible results, it would be foolish to lose sleep.

[@lennynsiala-mandard3300]

Man, you don't make any sense

[@juliam1395]

A bunch of crooks. No genius can beat headroom index for longer period of time.

[@DarkmanX47]

It's not a process of education but of attrition. She knows this. Her job is to give media interviews on behalf of the vampires.

[@EuroGuy85]

just wear a crucifix and you're set then, or eat garlic, they'll really stay away from you at that point.

[@danrosario2888]

Why does this feel like it was a pitch for clients to want to use JPM as their banker of choice for syndications and M&A? Because it is.

[@robcousins231]

What a dreadful “career” to choose. To be permanently sucking up to super rich people who likely got their wealth through either growing a business by screwing ordinary workers or inherited wealth which they did nothing for. And helping those people get richer and help them hide taxes and defer income etc.

[@MiguelGomez-ou9ni]

Amen, finance is pretty much about making more money for those that are already rich. Bunch of bs but that's the system we have.

[@mattbiz7910]

She kinda went around the whole "do you play favortism to big clients kids" question lol

[@gaurigatha]

Look at island and their 4 day week experiment over the last 4 years! That is what you do and how you do it!

[@emonbhuiyan4034]

Completely agreed. This is why Island is among top 5 biggest economy.

[@Stoneface_]

Agreed and Shalom👍

[@gaurigatha]

@User no iceland - I just wrote it the european way

[@Metalblowing]

Interesting how she like long hours. More interesting is how can it be that all major investment & banking institutions are underperforming & need constant government bail outs because they suck at predicting the market. Maybe 24 hours will help them to catch up.

[@tomshallenberger5983]

She works in the fine art of malarkey!

[@theodorickfortuin9399]

LMAO

[@Thetinyboi]

I hope ChatGPT gets rid of these cockroaches

[@atedejong5620]

she is just upfront honest whats happening. not talking around it to be political correct

[@hameed]

Not working 72 hour weeks is politically correct?? 🤡

[@atedejong5620]

@@hameed nothing wrong with 72 hours working.

[@stevenagriantonis5192]

Large law firms also have a similar work culture with associates working around 90 hours for their partners.

[@CarmenGomez-wp9xe]

This is laughable. First of all they do not have anywhere near that many people making investment decisions. It is decided at the top by a very small group that recommends specific stocks and markets. They tell their clients that as it sounds a lot more reassuring if a "big team" is making the decisions. Secondly, you don't "train" talented investment managers. Having worked in this business for 30+ years I rarely come across those that truly add value and consistently outperform their index- maybe 5 to 10% of all fund managers. Where someone went to school or how many hours you stay in the office is not that predictive of good investment performance, in fact it can be a detriment as at many places of higher learning or large investment banks original thinking is often looked down upon. The best investors I know often came from lower to middle class backgrounds and have had to struggle to get ahead. If you want better investment performance try hiring people who had to start at Junior College worked a number of crap jobs to pay for their tuition, have no connections and are willing to work hard to get ahead. They know the world a lot better than most, which makes for a lot more lateral thinking.

[@extrastout1111]

junior college /lower middle class applicants often don't have the finesse and connections prep school /ivy kids get as part of their growing up. It makes a huge difference when you're pulling clients in investment management

[@piercarlotalenti4044]

Really well-put. Thank you!

[@FinanceVector]

This comment thread was worth it just to read so many valuable comments like this.

[@jelmar3826]

It’s obviously a lie. The bottom analyst goes through the endless numbers of stocks to find the right ones. Then he passes the info to the head of department, he passes to his boss. They create the basket of products, and sell it to the customers. There is no learning curve. Those analysts go through the pile of rubbish, so the top management can spend more time on meetings and holidays.

[@marksmith7374]

I always wondered how to become a Bank Gangster.

[@edmondtam88]

Banksters

[@southwest3369]

This women isn’t the sharpest tool in the box, evidently.

[@GTRrocker84]

12 hour work days to learn wealth management? ..Just buy an index fund lol

[@spoonkies]

I did banking for 2 years. Most of your time is spent aligning logos and doing bullshit marketing materials that no one reads. Learn anD MasTeR A SkiLL