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Apr 29, 2008 4:26 am

I’m curious about the educational background of the peeps on this forum.  I want to get an idea of what kind of education you guys have had; of course this sample is a group of FA’s who spend time on this forum.  I’ve read a wide variety of statistics on the educational background  of  FA’s in  the US.  I want to know where this forum stands.
any high school grads?
college grads?
Masters?

Apr 29, 2008 11:51 am

[quote=theboss965]I’m curious about the educational background of the peeps on this forum.  I want to get an idea of what kind of education you guys have had; of course this sample is a group of FA’s who spend time on this forum.  I’ve read a wide variety of statistics on the educational background  of  FA’s in  the US.  I want to know where this forum stands.
any high school grads?
college grads?
Masters?


[/quote]
More than enough education to not be considered anyone’s “peeps.”


Apr 29, 2008 2:08 pm

What are your other “wants”? We need to make sure your wants and needs are tended to.

Apr 29, 2008 5:37 pm

Yeaaaaaaaaaaahhh boyyyyyyyieeeeee!  I gotz a B.S. in Finance for sheezy, know what I’m sayin?  I know a lot of otha pimps and peeps here is probly repin a MBA or some shiz like that fo real. 

  Holla!
Apr 29, 2008 5:46 pm

BS Accounting

Minor Finance & English 1992   PLUS, the Edward Jones KYC, Eval/Grad, PDP, BDW, and Visions advanced training programs!      And Morph is right, after about the age of 22, nobody should use the phrase "peeps".   In addition, any "statistic" you read on edcuation background of this "industry" is really pointless.  After all, where are they getting their stats?  Who do they consider to be in "this industry"? - financial advisors, wholesalers, brokers, insurance agents, bankers, investment advisors..... In addition, after a few years out of school, it really doesn't matter your background.  It is more about the life and work experiences you've picked up.  I majored in Accounting, worked in corporate finance for 12 years prior to this industry.  I learned more in 6 months on the job than in 4 years in college.  This is primarily a relationship business.  You need to be smart enough to know what you don't know, and realize that is why we have analysts reviewing stocks, bonds, funds, SMA's, portfolios, asset allocations, annuities, life insurance, etc., and that you don't NEED to be the guy analyzing all this stuff.  Morningstar helps me review incoming porfolios and do reviews on my clients.  My firm recommends asset weightings and industry/sector allocations, etc.   Maturity also helps keep things in perspective.  At age 23 you might think you should realistically shoot for 14% returns on average.  Maturity helps remind you to be realistic and responsible with client's assets.   This is the thing that you miss being young or new to this business....
Apr 29, 2008 8:32 pm

[quote=Broker24]BS Accounting

Minor Finance & English 1992   PLUS, the Edward Jones KYC, Eval/Grad, PDP, BDW, and Visions advanced training programs!      And Morph is right, after about the age of 22, nobody should use the phrase "peeps".   In addition, any "statistic" you read on edcuation background of this "industry" is really pointless.  After all, where are they getting their stats?  Who do they consider to be in "this industry"? - financial advisors, wholesalers, brokers, insurance agents, bankers, investment advisors..... In addition, after a few years out of school, it really doesn't matter your background.  It is more about the life and work experiences you've picked up.  I majored in Accounting, worked in corporate finance for 12 years prior to this industry.  I learned more in 6 months on the job than in 4 years in college.  This is primarily a relationship business.  You need to be smart enough to know what you don't know, and realize that is why we have analysts reviewing stocks, bonds, funds, SMA's, portfolios, asset allocations, annuities, life insurance, etc., and that you don't NEED to be the guy analyzing all this stuff.  Morningstar helps me review incoming porfolios and do reviews on my clients.  My firm recommends asset weightings and industry/sector allocations, etc.   Maturity also helps keep things in perspective.  At age 23 you might think you should realistically shoot for 14% returns on average.  Maturity helps remind you to be realistic and responsible with client's assets.   This is the thing that you miss being young or new to this business....[/quote]


wow, i didn't expect that kind of response for using the word "peeps" on this forum.  Its a damn forum, not a scientific journal.  maturity - is answering the question at hand.  it is a valid question, so lets not get carried away with vocabulary and what my other 'wants' are.  Lakers, i'll private message you about my 'wants' if you're interested

and for all of you dinosaurs, "peeps" is not really as ghetto as you think.  Trust me, as a 22 year old from a top ten private university, the word "peeps" is okay when used in a forum and should not cause that much of a buzz .  loosen up.



BA in Neuroscience and Behavioral Biology and Psychology
2008

Apr 29, 2008 8:40 pm

Boss, congrats on that top 10 private university.  I hope it wasn't expensive because it doesn't mean **** in the real world.

Apr 29, 2008 9:03 pm

OldSpice, i agree with you to a certain extent.  But the real world is a big place ya know?  and you just said a blanket statement…isn’t it plato that said ‘only idiots think in absolutes’…j/k

it was very expensive.  I appreciate every moment I’ve had at my school.  I can say with confidence that the experience was worth every penny.

anyway, i beg to differ.  Sure, I think a degree is meaningless for certain professions (i.e. porn), but for other professions, it means a lot. 
the people who are privileged enough to graduate from top universities, often find it much easier to get serious jobs after graduation.  Especially with a tough economy, its becoming increasingly difficult to find a job anywhere.  Kids from these universities find it much easier to land top jobs with big firms like Goldman and ML…and thats in the world of finance and banking.  i’m not saying everyone can’t land a good job, but its just a hell of a lot easier when they graduate from these schools…and its easier because these kids worked hard from the start.  It is from these initial stepping stones that my fellow graduates will go on to become CEO’s and Presidents of countries.

and it gets even worse with medical, law, and doctorate professions.  Where you go to school can make or break you in those fields. 

furthermore, i’m not the kind of guy that goes through college and dismisses it as if it doesn’t mean **** in the real world.  Knowledge is paramount.  Going through college, no matter who you are, can open your mind and prepare you for the real world.  That means a lot to me

Apr 29, 2008 9:08 pm

[quote=theboss965] [quote=Broker24]BS Accounting

Minor Finance & English 1992   PLUS, the Edward Jones KYC, Eval/Grad, PDP, BDW, and Visions advanced training programs!      And Morph is right, after about the age of 22, nobody should use the phrase "peeps".   In addition, any "statistic" you read on edcuation background of this "industry" is really pointless.  After all, where are they getting their stats?  Who do they consider to be in "this industry"? - financial advisors, wholesalers, brokers, insurance agents, bankers, investment advisors..... In addition, after a few years out of school, it really doesn't matter your background.  It is more about the life and work experiences you've picked up.  I majored in Accounting, worked in corporate finance for 12 years prior to this industry.  I learned more in 6 months on the job than in 4 years in college.  This is primarily a relationship business.  You need to be smart enough to know what you don't know, and realize that is why we have analysts reviewing stocks, bonds, funds, SMA's, portfolios, asset allocations, annuities, life insurance, etc., and that you don't NEED to be the guy analyzing all this stuff.  Morningstar helps me review incoming porfolios and do reviews on my clients.  My firm recommends asset weightings and industry/sector allocations, etc.   Maturity also helps keep things in perspective.  At age 23 you might think you should realistically shoot for 14% returns on average.  Maturity helps remind you to be realistic and responsible with client's assets.   This is the thing that you miss being young or new to this business....[/quote]


wow, i didn't expect that kind of response for using the word "peeps" on this forum.  Its a damn forum, not a scientific journal.  maturity - is answering the question at hand.  it is a valid question, so lets not get carried away with vocabulary and what my other 'wants' are.  Lakers, i'll private message you about my 'wants' if you're interested

and for all of you dinosaurs, "peeps" is not really as ghetto as you think.  Trust me, as a 22 year old from a top ten private university, the word "peeps" is okay when used in a forum and should not cause that much of a buzz .  loosen up.



BA in Neuroscience and Behavioral Biology and Psychology
2008

[/quote]   My theory (you should understand theories based on your degree) is that you're just looking to start trouble on this forum in between your finals and playing with the XBOX. Based on your degree, I think you're in the wrong forum. It's time for you to go now...your mom is calling you for dinner.  
Apr 29, 2008 9:13 pm

sorry, you must have the wrong guy.  I’m a registered rep! isn’t that the name of this site?  I’m an FA! isn’t this where FA’s come to chat about their jobs? I asked a valid question.  Please answer it or ignore my post.  That is simple mature behavior. 
well you are right about finals…i have two more on thursday and two next week as well.  but still, your theory has been disproven

Apr 29, 2008 9:16 pm

Boss, on this forum, the real world is helping clients achieve their financial goals.  In this section of the real world, your private school doesn't mean squat.  The school may help you land a job, but it won't help a single client of yours.

I graduated from elementary school.  Your original question has no validity because the response won't give you any meaningful information.   

In my experience, I have noticed no difference in the income of highly educated reps and others.  The area that I have noticed a difference is that good looking ex-jock types do much better than analytical nerdy types.
Apr 29, 2008 9:25 pm

You make a good and obvious point.  But the question is still valid.  I am curious, thats all.  Is there a list of things we cannot discuss on this forum? should I assume educational background is off limits.  The term “meaningful information” is subjective. 

The difference is that highly educated people do not always measure their success by income, but rather by achievement and things that last far longer than any piece of green paper ever will. 

and you’re last sentence reflects your educational history.

Apr 29, 2008 9:43 pm

[quote=theboss965]sorry, you must have the wrong guy.  I’m a registered rep! isn’t that the name of this site?  I’m an FA! isn’t this where FA’s come to chat about their jobs? I asked a valid question.  Please answer it or ignore my post.  That is simple mature behavior. 
well you are right about finals…i have two more on thursday and two next week as well.  but still, your theory has been disproven[/quote]
Speaking of valid questions and mature behavior, precisely which license(s) do you hold that make you a registered rep?  And who is your B/D?

Apr 29, 2008 9:49 pm

I guess it’s too late to warn this guy about what he’s just stepped in?

Apr 29, 2008 10:23 pm

[quote=theboss965]



OldSpice, i agree with you to a certain extent. But the real world is a big place ya know? and you just said a blanket statement…isn’t it plato that said ‘only idiots think in absolutes’…j/kit was very expensive. I appreciate every moment I’ve had at my school. I can say with confidence that the experience was worth every penny.anyway, i beg to differ. Sure, I think a degree is meaningless for certain professions (i.e. porn), but for other professions, it means a lot. the people who are privileged enough to graduate from top universities, often find it much easier to get serious jobs after graduation. Especially with a tough economy, its becoming increasingly difficult to find a job anywhere. Kids from these universities find it much easier to land top jobs with big firms like Goldman and ML…and thats in the world of finance and banking. i’m not saying everyone can’t land a good job, but its just a hell of a lot easier when they graduate from these schools…and its easier because these kids worked hard from the start. It is from these initial stepping stones that my fellow graduates will go on to become CEO’s and Presidents of countries.and it gets even worse with medical, law, and doctorate professions. Where you go to school can make or break you in those fields. furthermore, i’m not the kind of guy that goes through college and dismisses it as if it doesn’t mean **** in the real world. Knowledge is paramount. Going through college, no matter who you are, can open your mind and prepare you for the real world. That means a lot to me

[/quote]



So, are you trying to convince us…or yourself.

Apr 29, 2008 10:24 pm

And also, boss, no degree in the world can hide the fact that someone is an a-hole.

Apr 29, 2008 10:29 pm

Hey boss, you ever seen Scarface?  If so, remember “don’t get high on your own supply.”  It sounds like you’re addicted to you’re own Koolaide my man.  Put the cup down and realize your **** smells like ****. 

Apr 29, 2008 10:39 pm

hmm, most of the people on this conference are a** holes.  I joined it, and after reading through hundreds of post, I figured I would try and stay hip and a** hole-like with the crowd.  I mean people on this forum just get butchered if they’re not the butcher.

 Sorry if I came off a** holish.  I guess I was just f***ed before I even signed up for this forum.  I just want some of your opinions.  I mean take a look at the initial responses to my initial question. 
After going through the posts on this forum, I developed a sense of respect for the knowledge and experience some Advisors have on this FA.  I thought I could be enlightened, but the first response I get is a mockery of my word choice on this forum. 
If you don’t care to answer the question, then ignore it, this webspace isn’t your real estate.

Apr 29, 2008 10:43 pm

Morphius, its only fair that you answer my initial question…then i’ll answer yours.

Apr 29, 2008 10:46 pm

[quote=Borker Boy]I guess it’s too late to warn this guy about what he’s just stepped in?[/quote]

Borker, it is too late, yes, but I knew what I was getting into when I signed up.