I am interested in working for wirehouse

[quote=strike3]but neither ML, UBS, or SB are hiring in my area. I would like some suggestions as to what to do next. I have met with the managers of all 3 firms in person. There are a couple of smaller firms like RBC Dain and of course EJ, NMFN, and then there are the banks. Should I try and get hired on by one of the others and wait for an opening? If I do which is easier to get out of and into the wire?[/quote]

"We're not hiring now" is the easiest way to turn somebody down.  The reality is that wirehouses are ALWAYS hiring if the prospect is loaded with promise.

What those who hear that excuse have to do is go about making themselves so attractive that the hiring manager cannot logically not hire you.

Try Dain, the reality is that at a branch office there is very little difference between regional firms such as them and the major national firms.

Failing that drop back and reconsider what is going on.  Being too young is often a pitfall.  In fact managers who hire really young people are fools--so give the calendar time to work its magic.

I thought I had a lot to offer. Early 30’s, plus I am on good terms with

construction supply companies around my area. An untouched market,

maybe for a reason.



Each firms has between 7-10 advisors and they simply said they did not

have an office.

[quote=strike3]I thought I had a lot to offer. Early 30's, plus I am on good terms with
construction supply companies around my area. An untouched market,
maybe for a reason.

Each firms has between 7-10 advisors and they simply said they did not
have an office. [/quote]

Education?  First Impression?  Articulate?  None of the three had a bull pen area for newbies to work?

[quote=strike3]I thought I had a lot to offer. Early 30's, plus I am on good terms with
construction supply companies around my area. An untouched market,
maybe for a reason.

Each firms has between 7-10 advisors and they simply said they did not
have an office. [/quote]

If you're gay enough to not use the search function for your answer, you're probably too gay for this business. Go away.

Please understand that one of the “tests” a new person will have to go through is exactly this. It is no different than you, a new advisor, cold calling someone who says “I’m not interested” - what do you then do? They want to test your response - how quickly will you give up?



Really, think about it. The failure rate in our industry is exceptionally high. Even if they are completely full in their office, within the next 30 days rookies are going to either fail because they fail the securities exam, or fail because they do something stupid like getting drunk at their training in NY and showing up unfit for duty the next day (yes, it does happen!) or simply just behaving like a dirtbag or something.



Treat your pursuit of the firm exactly as you would treat your pursuit of a HNW individual - with care, respect, commitment, and follow up.



If you’re giving up simply because the manager says “we’re not hiring” you’re simply not cut out for the business.



Best of success to you!

[quote=madabroker]

If you're giving up simply because the manager says "we're not hiring" you're simply not cut out for the business.

[/quote]

I agree with that in concept--however for three managers to all use it tells me that it's more than a test to see if the applicant gives up easily.

Quite likely they, the managers, have been told that the firm is under a hiring freeze but all that really means is that the manager has to burn some political capital to buck the system a bit.

That said I think a SINGLE letter to the most attractive of the three firms would not hurt:

Dear Mr. Jones,

If I accepted the first no every prospect ever gave me I would not have succeeded as I have..........

From there be sure to lay out a business plan much like would be asked in a later interview.

Don't approach all three of the wires with that same letter, or even the same idea because if it doesn't work you'll want to do something different with the others.

Thanks, I am not looking to give up and have contacted each several times.

Just wanted to hear some other, more experienced ideas. I will also try Dain.

[quote=strike3]Thanks, I am not looking to give up and have contacted each several times.
Just wanted to hear some other, more experienced ideas. I will also try Dain.
[/quote]

Did you find Bobby Hull's contribution to be valuable?

Hey, DAtoo, how much gross production did you do today? That would be extremely helpful to all of us. It would also go a long way to showing what REAL qualifications you have on any of this (a Reg. Rep. chat)

 P.S. Your lie would be as revealing as the truth would be to those of us here actually succeeding in the business.

[quote=YHWY]Hey, DAtoo, how much gross production did you do today? That would be extremely helpful to all of us. It would also go a long way to showing what REAL qualifications you have on any of this (a Reg. Rep. chat)

 P.S. Your lie would be as revealing as the truth would be to those of us here actually succeeding in the business.
[/quote]

I did zero in production today--in fact, I'm zero year to date.

There you all have it.
 Who knows what he thinks he’s talking about, but it’s not at all what the rest of us are talking about.

[quote=YHWY]There you all have it.
 Who knows what he thinks he's talking about, but it's not at all what the rest of us are talking about.
[/quote]

But I did increase the equity in my account by more than $2,500 today.

I'm too good to be in production--been there, done that, got the T-shirt.

[quote=DAtoo]

[quote=strike3]Thanks, I am not looking to give up

and have contacted each several times. Just wanted to hear some other,

more experienced ideas. I will also try Dain. [/quote]

Did you find Bobby Hull’s contribution to be valuable?

[quote=strike3] [quote=DAtoo]

[quote=strike3]Thanks, I am not looking to give up
and have contacted each several times. Just wanted to hear some other,
more experienced ideas. I will also try Dain. [/quote]

Did you find Bobby Hull's contribution to be valuable?

[/quote]

I just figured if he's in the business I must not be too gay.[/quote]

Good point.

But I did increase the equity in my account by more than $2,500 today.

I'm too good to be in production--been there, done that, got the T-shirt.

[quote=YHWY]

But I did increase the equity in my account by more than $2,500 today.

I'm too good to be in production--been there, done that, got the T-shirt.

Okay, so go post on a "day trader" website. Your condescending prickdom is misplaced on a site for (mostly young) actually practicing Reg. Reps (Financial Consultants, Financial Advisors, etc).

 P.S. So you made about 1/2 what I did today. Congrats!

 P.P.S. I can help you earn more, but the advice won't come cheap.
 
[/quote]

Nah, I'll stay here.  If I left the average IQ of the board would end up less than the temperature of the outside air.

I'm having fun, if you don't like what I have to say you can skip it.

The top producer who I know about made $40,000,000 last year.  How can one be too good to produce?

You sound like you are trying to impress us with your $2,500.  The problem is that if you have  $100,000 that is a great day.  Of course, this means that you've been a terrible investor the rest of your career.  On the other hand if you have $5,000,000, it would be a return of 1/20th of 1% which wouldn't warrant a mention, thus we can safely assume that your great career left you firmly in the middle class.

 I just can’t avoid hitting a Bull’s Eye when one floats in from of me. you are such a colossal Boob that I can’t not swing away.
 You’re posting over 30 times a day here. Does that suggest something out-of-whack with you (as someone who is an order of magnitude smarter than everyone here)?

I'm having fun, if you don't like what I have to say you can skip it.

What a fantastic retirement. If this is what I have to look forward to, then I am just going to cash out the IRA and 401K and head to the Rehab pool party at Vegas... Might as well have fun before my life is reduced to being a retired douche who has little else to do but post on an internet forum...

[quote=anonymous]

The top producer who I know about made $40,000,000 last year.  How can one be too good to produce?

[/quote]

Bullschidt.  If he did that I would be aware of him--there's nobody doing that number.  Nobody.

As for my $2,500 gain today--that's just in my $100,000 options trading account.

My wife runs the rest of the money--I have no idea how that went today because I don't care.  Since the market was flat I suppose not much happened.

i read this board at least once a week... for a couple months.

I am enjoying Bobby Hull's commentary more & more.

What does that say about me?

the guy is hilarious, and he just does not let up

DAtoo,
 Put your wife on the horn. I have questions.

btw i made 2000 today in a diversified equity acct of 95k

with options that sounds kinda boring imo

[quote=blarmston]

I'm having fun, if you don't like what I have to say you can skip it.

What a fantastic retirement. If this is what I have to look forward to, then I am just going to cash out the IRA and 401K and head to the Rehab pool party at Vegas... Might as well have fun before my life is reduced to being a retired douche who has little else to do but post on an internet forum...

[/quote]

There are things that go on in one's life that requires that they stay close to home.

When you mature you'll understand that the frenzy to have fun every minute of your life is shallow.

Bullschidt.  If he did that I would be aware of him--there's nobody doing that number.  Nobody.

I haven't lied before.  I'm not going to start now.  How much money do you think that a huge insurance producer makes?  Big insurance producers are smart enough to not have to put their fixed business through a grid.

No, they put it through a pyramid.

I know Hubert and would rather spend the rest of my life in poverty than be him.

[quote=DAtoo]

No, they put it through a pyramid.

I know Hubert and would rather spend the rest of my life in poverty than be him.

[/quote]

It's not Hubert.  Try again.

You heard it here Anonymous. No one like Hubert exists…except Hubert, who is a close friend of “Duh”'s and, trust him, this illusory Hubert ain’t happy!

[quote=DAtoo][quote=anonymous]

The top producer who I know about made $40,000,000 last year.  How can one be too good to produce?

[/quote]

Bullschidt.  If he did that I would be aware of him--there's nobody doing that number.  Nobody.

As for my $2,500 gain today--that's just in my $100,000 options trading account.

My wife runs the rest of the money--I have no idea how that went today because I don't care.  Since the market was flat I suppose not much happened.

[/quote]

YOu could only get a leveraged $100,000 account to rise 2.5%? You suck. Any retard could make a $2,500 account increase by $2,500, using options.

The "Hubert" comments are going right over my head.

 Hubert may or may not be fictional. My point was just that DAtoo first responded that he knew for a fact that NO ONE did anything like $40mil, then went on, in his next post, to say that he knew the @$40 mil man, whose name is Hubert.
 Perhaps DAtoo’s handle should be “Hubert”

[quote=anonymous]

The "Hubert" comments are going right over my head.

[/quote]

I want to say it had something to do with an agent who recently got busted for running a scam using poorly funded UL policies.  I can't be sure though.

Although I do know of the $40mm agent you refer to.  They're legendary.  Something like 10-15 appointments a day.  Yowsah.

There are things that go on in one's life that requires that they stay close to home.

When you mature you'll understand that the frenzy to have fun every minute of your life is shallow.

Now if that were truly my sole purpose in life at this point, I would agree. However, the whole 70 hour work week... The studying for various licenses and CFP exam... The whole building my business for the next 30 years...

That all gets in the way of my eternal quest for laughter, drinks, and ladies... Somehow though- I manage to fit that in...

[quote=DAtoo][quote=blarmston]

I'm having fun, if you don't like what I have to say you can skip it.

What a fantastic retirement. If this is what I have to look forward to, then I am just going to cash out the IRA and 401K and head to the Rehab pool party at Vegas... Might as well have fun before my life is reduced to being a retired douche who has little else to do but post on an internet forum...

[/quote]

There are things that go on in one's life that requires that they stay close to home.

When you mature you'll understand that the frenzy to have fun every minute of your life is shallow.

[/quote]

Just get some Depends or astronaut diapers and you can hit the links...