How much until you're a BSD?

or Register to post new content in the forum

16 RepliesJump to last post

 

Comments

  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
Sep 28, 2006 9:32 am

What's with the childish forum ID?

Sep 28, 2006 9:39 am

Depends on the firm.


It's $2MM at Bear Stearns, a little higher at LEHman, and even higher at Goldie Lox.

Sep 28, 2006 9:49 am

A well adjusted human being who puts his or her clients' interests above his "BSD" status.  The "BSD" just happens to take care of itself.

Sep 28, 2006 10:00 am

Are you Bob from the Enzyte Commercial?

Sep 28, 2006 10:18 am

On the BSD stuff at Bear, the reason I know is I once asked what the dif was between a managing director and senior managing director in private client.


Reply: $1MM more in gross annual production.

Sep 28, 2006 10:30 am
Soothsayer:

A well adjusted human being who puts his or her clients' interests above his "BSD" status.  The "BSD" just happens to take care of itself.


Well said. 

Sep 28, 2006 10:33 am
ymh_ymh_ymh:

Depends on the firm.


It's $2MM at Bear Stearns, a little higher at LEHman, and even higher at Goldie Lox.



The same holds true wherever you are.  The wirehouses really have a natural affinity to the $1MM producers, while Bear, Lehman, Goldman, etc. are higher still.


If you are at a lower-tier firm (when it comes to production standards) - ie., Ameriprise, EDJ, and some of the regionals, this number could vary from $300k-500k.  Simply will depend on the company. 


Many FAs have their credentials listed on their business cards - CFP, CPA, CFA, etc - will you have BSD since you seem to be obsessed with that acronym? 

Sep 28, 2006 11:58 am

Hey, I didn't start the BSD question, was just replying to it and telling the guy/gal who did what the criteria was at Bear for MD and SMD.

Sep 28, 2006 12:04 pm

I was referencing the original poster.  He has many threads going where he has referenced the BSD idea.

Sep 28, 2006 12:45 pm

Sorry, thought you meant me. I only post under this ID.

Sep 28, 2006 1:17 pm

No problem. 

Sep 28, 2006 2:30 pm

What's a 'BSD'?  Some kind of director position I assume?

Sep 28, 2006 2:39 pm

It stands for big swinging d***.  The dude that started the thread is obsessed with becoming one.

Sep 28, 2006 2:44 pm

You're born with one.  It's a gift.

Sep 28, 2006 3:53 pm
BrokerRecruit:

It stands for big swinging d***.  The dude that started the thread is obsessed with becoming one.


I hope that's what he tells his prospects.


Where do these idiots come from anyway?

Sep 28, 2006 3:55 pm

Isn't that a term from "The Boiler Room"? 


My God kid........wake up.