Financial or Mortgage adviser opportunities

[rossbz]

Originally Posted by Elphaba

I know of Nexus. What specifically did you want to know?

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i have offered an interview. i would like to know what they are like to workfor, ie professionalism, support, any information really.
thanks
ross

[Richiebhoy1973]

Hi Elphaba

I have interview with an agency that are recruiting for the Henley Group, based predominantly in Hong Kong and Singapore but also in Dubai, do you know much about them, and are they decent to work for?

[Elphaba]

Originally Posted by Richiebhoy1973

Hi Elphaba

I have interview with an agency that are recruiting for the Henley Group, based predominantly in Hong Kong and Singapore but also in Dubai, do you know much about them, and are they decent to work for?

Please & thank you??

I didn't think they even had an office here yet and they certainly have no presence or market awareness. I have checked their website and it says for Dubai positions there is a start date of March 2009. Surely you have looked at this??

With all these roles, you need to clarify whether you have to find your own clients or whether leads are provided. people in Dubai are sick of being cold-called for financial services, so you would have a long hard slog if that is what you are expected to do.

The streets of Dubai/UAE are not paved with gold when it comes to financial services, no matter what people may say. We are going through tougher times too, so anyone starting out is not going to find it easy.

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[Andy Capp]

You and your manners Elph....

[Elphaba]

Originally Posted by Andy Capp

You and your manners Elph....

Manners maketh man (& woman) Andy.


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[Elphaba]

Originally Posted by rossbz

i have offered an interview. i would like to know what they are like to workfor, ie professionalism, support, any information really.
thanks
ross

I don't work for them so cannot tell you what they are like from the inside.

They don't have a very high profile here, but are considered a minor player, with a OK reputation.


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[Richiebhoy1973]

Hi Elphaba

Thankyou very much for your reply and I do apologise if I was rather abrupt in my message to you, I'm just new to this online forum thing and was more concerned about getting a message to you than my basic manners.

I reckon the job will be based in Hong Kong as that it is where their main office is, and yes I was aware that they are yet to open in Dubai but thought they may have had a profile in Dubai. I'm imagining a tough year this year, and through the bits of research that I have done I'm thinking that as Dubai is less regulated than most other places, the types of companies operating in Dubai is going to be a real mixed bag. I have spoken to one company who advised me to get a list of people to contact whilst in uk and then come over with a smart suit, laptop and £8-10k in my back pocket and see how it goes. Oh and they would put me on a one week training course. I guess this is prety much the norm in Dubai?

I'm very aware that the job is going to be about networking, finding clients and getting referrals which I'm fine with but ideally I would like some sort of minimum package to cover rent for a period whilst I built my business, and establish what kind of leads if any a company were providing me with. In Dubai is this asking for too much?
Thanks again!

[Elphaba]

You are very right about companies being a 'mixed bag'. There is little regulation, but in my opinion, that isn't a reason to stitch people up, which is the correct phrase for how some operate!

Training courses are usually just a series of meeting with product providers with little concern about the tax and legal issues that are relevant to expats. Frequently so-called advisers are product and not solution led.

As far as I am aware, just about every company only offers commission only roles, unless you go in as a paraplanner, although not every company has such positions.

This is a tough market to break into and I have seen loads of people come out with a great deal of enthusiasm, only to realise that it is way harder then they thought it would be.

Sorry for the doom & gloom, but it is best that you really understand what it is like.

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[Richiebhoy1973]

Hi Elphaba

I've no doubts that it's a tough market, which is why I'm thinking it's going to be important to find a company with a decent reputation and that can offer something in the way of client bank, or networking opportunites. It's the age old problem of finding the right clients. Thanks for your help though, I'm thinking Dubai might be a last resort.

[Winnie]

Hi Elphaba

I'm looking at emigrating to Dubai. I've recently passed my final Certificate in Financial Planning exam and have been working in the financial services industry since I graduated from Uni 5 years ago. I'm preferably looking for a trainee financial adviser role in Dubai, although a paraplanner position with opportunities would also be ok, if you can help that would be great.