Tractor Salesman Passes Series 7
I’ve been waiting a while to say those words for some time now. Although, I’m not the actual tractor salesman; I don’t have the blue blood pedigree that some of our astute members do.
I smoked it with an 89% percentile. Not to shabby, I'd say. Especially since I started studying for this test on November 16, 2007.Congrats, what firm are you with/sponsored by?
I agree, not too shabby…
The tractor guy will smoke all the elitest snobs & GOOD FOR YOU ROCK ON!
Well making it in this business is about hard work…I guess if you study diligently for nearly 90 days, you can succeed! Good job. Who is your firm?
Nice job, Keep up the good work!
Great, Congrats man, don’t ever feel ashamed of where you came from. At one time I sold Lawn Mowers at a Hardware store in College. All it did was help me hone my selling skills, I bet you would be amazed at some of the jobs a lot of top advisor’s did before they got the break. Good Luck the test are the easiest part of this job it only gets harder from there.
I am working for AGE / Wachovia. From my understanding is that name change will become effective on March 1st, 2008. That will be just prior to me being able to effect transactions.
So I really won't be marketing myself under the AGE banner.Congrats, welcome to the club!
FYI, it only took me 57 days to score 89% without any prior training. However, I'm not really that tractor guy as I have previously mentioned. I've had a myriad of professions. I have a lot of experience in retail tangables, have been a Pit Boss at the Horseshoe Casiono, and a small business owner. Look forward to being involved here, thanks.Well making it in this business is about hard work…I guess if you study diligently for nearly 90 days, you can succeed! Good job. Who is your firm?
FYI, it only took me 57 days to score 89% without any prior training. However, I'm not really that tractor guy as I have previously mentioned. I've had a myriad of professions. I have a lot of experience in retail tangables, have been a Pit Boss at the Horseshoe Casiono, and a small business owner. Look forward to being involved here, thanks.[/quote] Again great job, but you may want to refrain from disclosing too much info about yourself. We wouldn't want to see you get in any trouble with your company.[quote=BigRed]Well making it in this business is about hard work…I guess if you study diligently for nearly 90 days, you can succeed! Good job. Who is your firm?
Cograts OCC…hearing your score brings back memories. I did the 8-week Jones home study, took the test, taking all but 15 minutes of the allotted time, and when I hit the final submit button…turned around, put my head in my hands and thought “well, maybe I can get a real estate license”…it was the hardest damn test I had EVER taken (maybe being 50 at the time had something to do with it)…seemed like every question had a right answer…and a MORE RIGHT answer.
When I finally turned back around and looked at the screen....I had passed....with an 89% went home...had way too many beers, suffered the consequences, studied one day for the 63 and made an 83% on it.....wish they had required the 66 back then 'cause I need to take that by June ....ex-Jones.......Indy nowBefore I began studying for the Series 7, I was repeatedly told that it was extremely difficult to pass. So after I passed it easily, and saw that the pass rate was around 60%, I thought I had really accomplished something.
However, I have yet to come across a single person who has failed. As you all know, Jones has a reputation for hiring nearly anyone (regardless of what they say in StL about it being more difficult to get into Harvard than Edward Jones ), and I've seen some real morons pass the thing. My friends decided I had to be one of the smartest guys in the county after I passed the 7, but those 15 minutes of fame ended when the former tractor salesman passed, and the used car salesman passed, and so-and-so passed. I agree with many of you on this forum who believe the initial testing should be much more difficult than it currently is.I think it is a difficult test, but not the most difficult to prepare for. The reason Jones has such a high pass rate is because they actually have a process to help you get through it. None of this study in the evening after your 9-5 job stuff. If you took the 90% pass rate of Jones out of the 60% national pass rate, I wonder what the numbers would look like.
Most of the guys I’ve seen pass lately work for an independent firm and study in the evenings.
They're blowing the doors off the thing and using nothing more than the Kaplan study materials.[quote=Borker Boy]Before I began studying for the Series 7, I was repeatedly told that it was extremely difficult to pass. So after I passed it easily, and saw that the pass rate was around 60%, I thought I had really accomplished something.
However, I have yet to come across a single person who has failed. As you all know, Jones has a reputation for hiring nearly anyone (regardless of what they say in StL about it being more difficult to get into Harvard than Edward Jones ), and I've seen some real morons pass the thing. My friends decided I had to be one of the smartest guys in the county after I passed the 7, but those 15 minutes of fame ended when the former tractor salesman passed, and the used car salesman passed, and so-and-so passed. I agree with many of you on this forum who believe the initial testing should be much more difficult than it currently is. [/quote] It's not a difficult test in my book either. I spent probably 80-100 hours max studying and scored 241/250. There are plenty of people who passed who are horrible investment advisors...who know nothing about the financial planning process and who simply place money with the first wholesaler that takes them to dinner or last year's best performing funds. If you want to set yourself apart from the tractor and used car salesmen, at least get a CFP. I'm not even sure that bar is high enough to be honest.[quote=Borker Boy]
My friends decided I had to be one of the smartest guys in the county after I passed the 7, but those 15 minutes of fame ended when the former tractor salesman passed, and the used car salesman passed, and so-and-so passed. [/quote] I didn't realized that state troopers are generaly considered more intelligent then tractor and car salesmen. I have a trooper in my bowling league who is one of the biggest idiots I have ever come across.[quote=Maxstud]
I didn't realized that state troopers are generaly considered more intelligent then tractor and car salesmen. I have a trooper in my bowling league who is one of the biggest idiots I have ever come across.[/quote][quote=Borker Boy]
Before I began studying for the Series 7, I was repeatedly told that it was extremely difficult to pass. So after I passed it easily, and saw that the pass rate was around 60%, I thought I had really accomplished something.
However, I have yet to come across a single person who has failed. As you all know, Jones has a reputation for hiring nearly anyone (regardless of what they say in StL about it being more difficult to get into Harvard than Edward Jones ), and I've seen some real morons pass the thing. My friends decided I had to be one of the smartest guys in the county after I passed the 7, but those 15 minutes of fame ended when the former tractor salesman passed, and the used car salesman passed, and so-and-so passed. I agree with many of you on this forum who believe the initial testing should be much more difficult than it currently is. [/quote] WE HAVE A WINNER!!! LOL, I knew that I could get one of our "Blue Blood Elitist" to take the bait and about"how we need to make the test harder", or "you're not as good at me, because you're not a CFP" etc, etc, etc. Not to mention the use of personal attacks by impugning my intelligence and integrity. BTW, in case you didn't get the memo, concerning CLIENT / ACCREDITATIONS ratios. FYI, Clients are more important that accreditations. See it's been my experience with the purchasing public for well over 25 years that they have to like you before they trust you with their money. If you're just a arrogant, elitist, snob, most of the time they're are not going to do business with you no matter how many certifications you have on your business card. Please continue tell me how much better you are than me some more, please; because the more you tell me I can't do something, the more motivated I am to work Smarter & Harder to prove your snobby self WRONG! See ya in the trenchesRegarding the pass rate, I too am surprised that it’s so low. I was surprised by my own grade on the test since I anticipated more difficulty. The reason for the rate is the bank environment in which many personal bankers take the test 2, 3, or 4 times. In many bank environments, personal bankers are not under the gun to pass like wire house trainees. They also are often told to study on their own time. Also big offenders are the insurance rep who have a 6 and are under no “rush” to get the 7. I know several bankers and insurance reps who have failed multiple times since it just isn’t an essential part of their business and they don’t take it as seriously.
Newbie
Joined: 28 Oct. 2007
Location: United States
Posts: 6 Go back to selling tractors. You sound like a farmer, not a broker.
I would like to thank you for this compliment. I am aware that you intended it to be disparaging, but that is exactly how I'd like to come across. Besides, now that Ag is getting very lucrative again, and since there a lots of farmers here where I live. Perhaps they will invest with me because I can speak with them, instead of to them. Hmmm......Imagine that.Go back to selling tractors. You sound like a farmer, not a broker.
Get 'em
You know some people are truly unhappy with their lives, and I see so much ugliness on this board. That mentality alone makes me question someones professionalism because that is how deep this goes. I can tell you probably have clients who are fond of you and are happy to have you be their rep. Some of these other guys here.....wow. Hard work is hard work in many different forms. Its not where you from, but rather where you are going that truly matters. You are right on point sir, you are truly living life the best form possible and I can tell you are just loving it, and full speed ahead. QUOTE=OneCleverCookie][quote=Borker Boy]Before I began studying for the Series 7, I was repeatedly told that it was extremely difficult to pass. So after I passed it easily, and saw that the pass rate was around 60%, I thought I had really accomplished something.
However, I have yet to come across a single person who has failed. As you all know, Jones has a reputation for hiring nearly anyone (regardless of what they say in StL about it being more difficult to get into Harvard than Edward Jones ), and I've seen some real morons pass the thing. My friends decided I had to be one of the smartest guys in the county after I passed the 7, but those 15 minutes of fame ended when the former tractor salesman passed, and the used car salesman passed, and so-and-so passed. I agree with many of you on this forum who believe the initial testing should be much more difficult than it currently is. [/quote] WE HAVE A WINNER!!! LOL, I knew that I could get one of our "Blue Blood Elitist" to take the bait and about"how we need to make the test harder", or "you're not as good at me, because you're not a CFP" etc, etc, etc. Not to mention the use of personal attacks by impugning my intelligence and integrity. BTW, in case you didn't get the memo, concerning CLIENT / ACCREDITATIONS ratios. FYI, Clients are more important that accreditations. See it's been my experience with the purchasing public for well over 25 years that they have to like you before they trust you with their money. If you're just a arrogant, elitist, snob, most of the time they're are not going to do business with you no matter how many certifications you have on your business card. Please continue tell me how much better you are than me some more, please; because the more you tell me I can't do something, the more motivated I am to work Smarter & Harder to prove your snobby self WRONG! See ya in the trenches [/quote]Clever Cookie,
That test is the easy part.....actually that test is nothing compared to what awaits you...many challenges ahead. Some fun, some tedious, some painful, some costly..and hopefuly some rewarding. Good luck. This is a challenging time to be new in the biz.Source URL:https://www.wealthmanagement.com/forums/rookies-trainees/tractor-salesman-passes-series-7