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PO Box 21305
Seattle, WA 98111
Phone (206) 343-7777
Fax    (206) 628-0839
Info@Stonemark.net
Copyright 1997-2000
  Getting Started in
Private Investment Banking
The Stonemark Program

Securing your first job in Private Investment Banking business can be almost impossible.

Top firms are anxious to hire determined, intelligent and committed executives. They want Rookies new to the business, Immigrants moving from other industries and Veteran brokers looking to change firms. But the cost of training, managing and financing new comers is expensive. So recruiters prefer experienced candidates who can produce quickly and work on commission.

Although that isn't a great way to building consistent success, it has been the only way for companies to safely build their firms. Until now.

A Long Term Approach

At Stonemark, we believe its better to build a team by offering candidates a program that allows them to grow and prosper at their own speed. We call it "Step-by-Step," and it's designed to facilitate hiring, provide training, allow for mentoring and build careers surely and profitably. Here is how we do it.

To be Considered

To apply, just submit your resume, references, and a persuasive letter explaining your interest and commitment. Every applicant gets serious consideration and, if things look good, you can expect a phone call to discuss the job, your expectations and our requirements. We want to know your skills, dreams and monetary expectations. You can ask any questions you like. After that we can meet in person to start a formal application.

Start with an Internship

With luck, you will get a full or part time Internship lasting 8 to 13 weeks. During that time, you will get the chance to watch an experienced Dealmaker at work and to assist with the glamorous (and not-so-glamorous) parts of the job. You may get to sit in on negotiations, analyze financial statements, take classes or even do telemarketing and mailroom work.

It isn't always exciting, but you will soon understand day to day Intermediary chores. You may love it. You may hate it. But you will definitely know whether the job is for you. Although Interns can earn commissions they should think of interning as an unpaid chance to examine a future job possibility up close before committing to the career. Positions are offered to promising candidates who may not have proven Investment Banking experience. It is their chance to get in the door.

Move up to Apprentice

If your Internship is satisfactory, you’ll have two options. Experienced Business Pros can move directly into an Associate position. Those less experienced may be offered an Apprenticeship lasting 26 to 52 weeks. During that time, you will be given actual project tasks. We'll provide training and assistance. You can expect to work 50, 60 or more hours per week in order to study and master Intermediary skills quickly. Students can sometimes apprentice while finishing school.

Apprentice’s can earn substantial commissions depending on performance. A small salary is sometimes available for highly promising performers. You will also seek out new clients with the help of an experienced manager to close deals. All of which can up income.

Promotion to Associate

Interning and Apprenticing allows you to absorb skills necessary to become a qualified intermediary. They give you time to learn and earn without the requirement to be self-supporting. Once you’re ready, you can be promoted a full Associate of the firm.

This means you can represent Stonemark without direct daily supervision. You solicit clients, make proposals, supervise, analyze, manage and mediate transactions. Naturally, we'll set expectations and supervise your work. And we'll offer training and management assistance.

Once an Associate, commission percentages increase, duties elevate, authority is increased and responsibilities escalate. Most importantly, you can conduct as many projects and earn as much commission as your abilities and time afford. It's like having your own business.

The Sky is the Limit

As your skills increase there is the opportunity to move up to Manager or even Principal in the firm. Promotions are dependent on many factors. They may come quickly or over time. You may be content to have a profitable practice or you can apply for greater roles and responsibilities.

Just as we want to give you a chance to enter our industry, we are anxious to give you the chance to take on greater responsibilities when you are ready. Together we can grow in capability, sophistication and reward.

The Next Step

We need smart, hard working and committed professionals. To be considered, simply send in your resume, references and application letter. If that's done, and you like our program, please call to discuss the possibilities.

Click here to learn more about Job Openings.

Copyright © 2000 Stonemark, Inc.
PO Box 21305
Seattle, WA 98111-3305
Phone (206) 343-7777
Fax     (206) 628-0839
Email Webmaster@Stonemark.net
This page updated on 08/15/02.