Average salaries?

or Register to post new content in the forum

14 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.
Feb 15, 2006 8:29 am

Anyone please can you point me in the right direction.  I am looking for a chart of average 1,2,3 + years stockbrokers salaries, or something that shows what they could be.  I am doing a research project for school


thanks in advance

Feb 15, 2006 8:35 am

ok so on one thread you're doing research for a school project, and on another you're talking about Gunn Allen like you have work experience with them.......


Which one are you then?

Feb 15, 2006 8:41 am

we don't get paid salaries. We are full commish baby!

Feb 15, 2006 12:41 pm
joedabrkr:

ok so on one thread you're doing research for a school project, and on another you're talking about Gunn Allen like you have work experience with them.......

Which one are you then?


...busted again by joedabrain...

Feb 15, 2006 2:44 pm

aka joedahammer...

Feb 15, 2006 6:31 pm
Indyone:
joedabrkr:

ok so on one thread you're doing research for a school project, and on another you're talking about Gunn Allen like you have work experience with them.......

Which one are you then?


...busted again by joedabrain...



yaaaahhhhhhh baby!  ::in my best Austin Powers voice:::::: rooowwwwrrrrrrr

Feb 15, 2006 6:43 pm

actually sherlock, one can be in school and still be working for a firm......



anyways, I know someone who has applied there and just looking out for my friend, myself...i am studying and am leaning towards a stockbroker career so i am researching different career choices.


commission included what is an average years take?

Feb 15, 2006 8:23 pm

Who cares.  The average person fails out of the career.  If you are going to be average, do something else. 


Only become a stockbroker if you want to make a ton of money.  Otherwise, it is too hard of a career.

Feb 15, 2006 9:18 pm
anonymous:

Only become a stockbroker if you want to make a ton of money. 





To be more specific, a "ton of money" equals a "modest amount of
money".  This is 2006.  You're not fooling anyone but
yourself. 



Yes, some firms (ML) are making a ton of money but that does not get
directly passed down to the broker.  Pay-outs are being slashed on
an ongoing basis.   If you like receiving this week's
paycheck 8 years from now, sign up. 



To better phrase what Anonymous said, "Only become a stockbroker if
you're too stupid to get a job that utilizes your brain." 

Feb 15, 2006 10:56 pm

If you like receiving this week's paycheck 8 years from now, sign up. 



Great quote..... you said it!

Feb 16, 2006 12:36 am
ShortNakedPuts:
anonymous:

Only become a stockbroker if you want to make a ton of money. 





To be more specific, a "ton of money" equals a "modest amount of
money".  This is 2006.  You're not fooling anyone but
yourself. 



Yes, some firms (ML) are making a ton of money but that does not get
directly passed down to the broker.  Pay-outs are being slashed on
an ongoing basis.   If you like receiving this week's
paycheck 8 years from now, sign up. 



To better phrase what Anonymous said, "Only become a stockbroker if
you're too stupid to get a job that utilizes your brain." 



Then WHAT are YOU doing here?

Boy your attitude sounds eerily famililar.....

Feb 17, 2006 8:02 am

ok so back to the question, what can one expect from a first years take where he works his a$$ off?

Feb 17, 2006 8:12 am

very little

Feb 17, 2006 10:54 am

You can probably make $40-50k if you work hard, get a little bit lucky, and have a decent situation (plan for prospecting, aka "working smart" as well as hard).  HOWEVER, the key is not what you make the first year, it is the cumulative effect over the first few years...if you work hard and smart to GET clients, and even harder and smarter to KEEP clients and develop solid, loyal relationships, that's where you starting getting to the fun and easy part.  I'm 4 years in....some days feel like that now, but I look forward to when most do.  I think this whole process is much harder than it sounds.  Most of us think we care and work hard for our clients and we are the best out there, but that doesn't matter---only what they think.