Merrill Finance Consultant Interview Questions
& Process
Real candidates share what happened, how many rounds they had,
and how the experience turned out.
Based on 209 interview experiences · FREE TO READ
Candidate interview experiences
First-hand accounts from people who interviewed at Merrill.
Merrill
Financial Advisor
Mid Difficult Positive experience Accept offer 3 rounds
Interview process
Recruiter call Technical screen Onsite
Interview formats
Behavioral Technical Case
had multiple interviews with different advisors and management. It was three rounds over three weeks. Each round had different roles and different questions. Most advisors asked how you would build a business. Others asked about your qualities and asked for examples. They wanted to see if you understood the challenges of coming into the business.
Confirmed questions1 question
- What makes you the right candidate for this role?
Merrill
Financial Advisor
Entry Average Positive experience No offer 3 rounds
Interview process
Recruiter call Phone screen Onsite
Interview formats
Behavioral Technical
I went to an informational session in mid-February, then had my first call with a recruiter. About two weeks after that, I spoke with a FADP Performance Manager for a more detailed phone interview about the area I'd be working in. It went well, and they wanted to set up my final in-person meeting with an office head manager. They made it sound more like meeting the manager and potential teams rather than an interview. They said to call back in 3-4 weeks to set up a time to come in. This was in early March, and around that time COVID started picking up. I followed up since I hadn't heard back and was told the hiring process was pretty much on hold, and they weren't making offers unless someone already had their 7 and 66 licenses, which I don't. I was really hoping for this job, but I get that COVID messed things up for hiring.
Confirmed questions2 questions
- Can you tell me about your resume? How many people do you think you could assist as a financial advisor? What strategies would you employ to expand your network and bring in more clients?
- Walk me through your resume. Also, how many connections do you estimate you could serve as a financial advisor? What methods would you use for expanding your network and acquiring new clients?
Merrill
Financial Advisor
Entry Average Negative experience No offer 2 rounds
Interview process
Recruiter call Phone screen Background check
Interview formats
Behavioral Technical
The interview process was pretty quick for the initial phone call, lasting about 30 minutes max and covering basic stuff about my past work. The next call involved answering questions about my ideas for building a business plan and getting clients. The person I spoke with for this second call seemed kind of uninterested from the start, and we didn't talk much back and forth. Honestly, it probably would have been better if I'd just sent in my answers to the questionnaire about new business stuff. After talking for an hour with someone who barely said anything, we wrapped up. HR then got in touch about an hour later to say there weren't any more spots open in the Chicago office. I just wish they had been more upfront and saved us both some time.
Confirmed questions1 question
- Can you describe in detail what your typical workday would involve?
Merrill Finance Consultant Interview Questions
Quoted word for word from Merrill interview reports.
“What is the probability, expressed as a percentage, of rolling an 11 or higher on a single dice roll?”
Read reports →“What fraction of total earnings were made on Friday, given that earnings on Friday were 3x the earnings of any other day of the week?”
Read reports →“Would I be able to pass my exams within two years, or would I have to repay the education costs?”
Read reports →“If you had to choose, would you prefer to possess all the gold in the world or all the assets?”
Read reports →“Can you name how many people you know who have over 1 million in assets?”
Read report →“If you arrive at a doctor's office and the secretary states the doctor is out, but you know this isn't true, what steps would you take to establish contact?”
Read report →“How would you advise a client considering investing a significant amount in a hot stock tip or an IPO?”
Read report →“Are you prepared to put in long hours, over 12 hours a day, when you're first starting your business?”
Read report →“How will you meet our goals of $10 million in assets in the first year?”
Read report →Formats, difficulty and experience
Across all 209 Merrill interview reports.