Waddell & Reed Finance Consultant Interview Questions
& Process

The phone interview was pretty normal and happened super fast. It felt really relaxed and chill, but still formal. The questions were pretty standard for an internship. They asked why I wanted to get into financial advising, why I was interested in Waddell & Reed, and a lot about my background, like the typical 'tell me about yourself' stuff. If you're prepped, the phone interview is a breeze.

I went through a four-interview process. It started with a career preview meeting with the district manager who gave a really informative overview of being a financial advisor, sharing good insights on what the career entails, what it takes to succeed, and what the role would be like. The second interview was a one-on-one with the district manager where they asked me questions like why I'd be successful, my strategy for building a client base, and more. In the third interview, the district manager spent most of the time discussing the career path, including licensing, training, and marketing – it was well-thought-out and presented. The final interview was all about compensation, which they explained very thoroughly. I also got to chat with another advisor for 15 minutes to ask about their career path, which was a nice bonus. I didn't move forward because of personal family reasons, but I might explore this opportunity again in the future and would definitely apply here again. I would recommend this company to the right person who wants to be a financial advisor.

The manager initiated contact via a call regarding my online resume and then invited me to apply. Following this, I was given an online questionnaire, which primarily focused on assessing my potential to generate revenue and my client advisory approach. Subsequently, I had a meeting with the Manager, and then a follow-up meeting with the Principal. Both individuals were very dynamic and friendly, showing genuine interest in supporting my success.