2007-01-31 08:03:57 · 7 answers · asked by Anonymous in Business & Finance ➔ Careers & Employment
See the movie "The Pursuit of Happyness"
2007-01-31 08:06:38 · answer #1 · answered by Anonymous · 0⤊ 0⤋
It is not as hard as you think.
In Washington state Merrell Lynch was hiring used car salesmen and training them to be stockbrokers. Many of them use to sell Lexius brand used cars.
Basically you DO NOT need a college degree but you do need t be a SALEMAN. Serious... stockbrokers are just salesmen.
Firms are looking for people that come in and tell them that they are GREAT salesmen and are good at networking and finding new clients.
Once you are hired they will pay you for a year to get going and then you would make all your money from commisions. They will help you pass the Series 7 test.
So GOOD LUCK
2007-01-31 16:12:26 · answer #2 · answered by CTM 1 · 0⤊ 0⤋
I believe this is the typical career path. Start in a "trainee program" with very nominal salary, perhaps none. This usually entails learning the basics of the industry and getting you qualified to deal with clients (passing various securities exams). Usually, after finishing the program, trainees go through a trial period to see how they work out in dealing with clients. I think a lot of this trial period is cold-calling a client list. Your pay is still nominal and heavily commission-based so it's a classic weed-out situation. If you get clients and do well you stay, otherwise you figure out you need to get a real job.
2007-01-31 16:18:31 · answer #3 · answered by gls_merch 5 · 0⤊ 0⤋
best place to start is call your local stockbrokers and ask what they require for your postion and ask if they have any openings for a gofor You will need to pass your series 7 and other series depending on who you work for and the kind of work they do Hope this helps a little
2007-01-31 16:10:25 · answer #4 · answered by muss51 1 · 0⤊ 0⤋
Contact a brokerage in your area and talk with them about job opportunities in which you can train to be a licensed broker. Or you could look at your local community colleges to see if they have a program for Certified Financial Planners, licensed to sell and manage retirement funds, college funds, trusts, and various forms of insurance.
2007-01-31 16:22:38 · answer #5 · answered by Amy V 4 · 0⤊ 0⤋
Call the brokerage companies that interst you and ask if they have a broker-training program.
2007-01-31 16:11:47 · answer #6 · answered by newyorkgal71 7 · 0⤊ 0⤋
Get money from friends and try your own business.
It si risky but in couple of years.
2007-01-31 16:21:43 · answer #7 · answered by Smirnof_Ice 1 · 0⤊ 0⤋