Plz could you sponsor me for serie 7 and 63 (NASD stockbroker)?

Question

Hi I ve been calling for over 6 months companies to work in Finance. And they keep telling they are hiring people with more experience. but what they don't say all is about networking.
I'm looking for professionals involved in NASD registered companies for scheduling appointments.

Answer 1

Basically all the brokerage houses want are four things to accept you and the interview process is designed to root them out.

1. A pulse- if your dead you won't be profitable.
2. A grasp of English (spoken and Written) as the NASD tests are in this language.
3. Rich friends and family- so you can bring in all that cash and make them richer.
4. A lack of convictions barring you from registration known as a "clean U-4".

It helps if you are prone to be a cheerleader and a pathologic optimist. If you have the previously mentioned criteria and are still not getting called back I would say dye your hair a color other than red, green or purple, no more t-shirts and ripped jeans and stop calling Merrill Lynch, Smith Barney, or U.S. Trust until you get some massive clients and they'll call you.

Answer 2

I find your situation curious. As a retired stockbroker, we were always on the lookout for additional brokers to our office. That you have been calling for 6 months without a job offer tells me something isn't quite right. Have you called ALL the brokerages in your immediate area (don't forget the ones located in banks)? Have you followed-up with a professional looking resume that is error-free? Have you called each company a second or third time as a couple months passes (very important, because needs change at a firm)? Are you a college graduate (it certainly helps, but you technically need no college degree)? If you've answered yes to all these questions, I suspect it could be your approach to the company. Asking to be sponsored is not the way I became a stockbroker. Here's what I did... I researched the brokerage companies in my area and created a prioritized list of who I wanted most to work for. I then started calling... I'd call local braches AND headquarters. I actually landed my first interview with my top choice by calling headquarters and speaking to the regional director... I specifically asked if he knew of any managers currently hiring... and he did. And so I made another phone call and indicated my interest in becoming a broker. (I never asked to be sponsored... believe me, that comes with the job offer.)
You'll definitely have to do some face-to-face interviews if calling on the telephone is not working for you. I know several brokers who landed their jobs by literally knocking on doors and asking for a few minutes with the manager. Good luck.

Answer 3

yes..you do have to have a sponsor.

Answer 4

np