I applied through an employee referral. The process took 3 weeks. I interviewed at J.P. Morgan (Fort Worth, TX) in Jan 2011
Interview
Meet with district manager, then two more interviews, with the investment area manager, and then the branch district manager (who can ultimately put the kibosh on the whole thing if they don't care for you. Once you past the gauntlet you are forced to cater to the branch managers whims so as to keep your job.
Interview questions [1]
Question 1
What is most important in being an advisor? Helping people, making money, or getting praise.