Part-time rep

or Register to post new content in the forum

21 RepliesJump to last post



  • 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.
May 16, 2005 12:30 am

Is it possible to become a part-time rep while working for another full-time job?  I recently resigned from a brokerage firm but if possible, I want to be able to manage my family and relatives' accounts.


May 16, 2005 8:47 pm

This broker allows you to work part-time, from your own home or office. I don't have any opinion about them. Do your due diligence!

May 17, 2005 11:17 pm

go to Waddell and Reed

May 26, 2005 2:48 pm

Avoid W/R - they suck from my experience.  See my post worrying about them as a resume killer.  They try to act like a real place but just gave me the creeps.

Jun 7, 2005 11:03 pm
Jun 10, 2005 4:04 pm


are you indie?, or associated with 1 of the above frims?

do you work another gig as well?

Jun 10, 2005 9:13 pm

theres nothing wrong taking a part time job when you are currently working as full time... im also having my part time while working full time..its just time management

Jun 11, 2005 1:50 am

Yah I would trust you to invest my can't even spell man!

Jun 11, 2005 2:33 am
Jun 11, 2005 2:33 am
Jun 11, 2005 2:41 am
Jun 11, 2005 2:52 pm

Then maybe they should drink less and get more sleep?

Jun 11, 2005 7:26 pm


I have posted the website for Quest Capital (QC) numerous times, for those looking to work parttime as a broker. And I have urged them to do their own due diligence on the firm. However, I've never spoken to anyone who worked with (QC).

Is your experience with (QC) similar with how it's explained on their website?

Does compliance have a fast turnaround on submitted ads/letters/etc. and are they reasonable on what's approved/disapproved?

How's their trade execution?

Are their account statements understandable?

Any particular problems with them as B/D?

If your experience is mostly negative, I will no longer post their website in response to any future requests. Thanking you, in advance, for your responses.

Jun 11, 2005 11:39 pm

Then maybe they should drink less and get more sleep?

Jun 12, 2005 4:38 pm

Yo, radar. You posted, but didn't answer my questions, a couple posts back.

Jun 12, 2005 11:39 pm
Jun 13, 2005 8:41 pm
Jun 14, 2005 9:28 am


thanks alot for your input. I had sent for thier info, but some of the brochures were kind of vague. I appreciate your insights.

Jun 15, 2005 12:04 am

Your welcome I believe you will like them.

Jun 15, 2005 6:25 pm

Question -

After ticket charges and such - what is your actual average payout
rate?  Do you get any help with your clients from the firm? 
For example, if they want help and you aren't available, is anyone else
going to help them or are they stuck?

I run an investment firm and we have taken on some almost retired and
part timers in the past and we pay out a straight 50%.  The
difference is that we only handle locals and we are a lot of help
working with the clients.  Most of our brokers take 1-2 months of
vacation per year and I'm (and my assistant) the point man for the
accounts when they are away.  The broker still gets his 50% even
if I do all the work.  It's worked out well for all of us.