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Apr 3, 2006 9:22 am

Does anyone know any good firms out in Florida? Or is overall Wall St the place to be to become a real broker? I just really want to leave New York and move somewhere does anyone know a place almost as wall st, where one can have the same amount of success?

Apr 3, 2006 9:53 am

Raymond James has its headquarters in FL.  The firm has grown approx. 20% in each of the past 5 years.  Visit their website.

Apr 3, 2006 12:22 pm
RRSecurities:

Does anyone know any good firms out in Florida? Or is overall Wall St the place to be to become a real broker? I just really want to leave New York and move somewhere does anyone know a place almost as wall st, where one can have the same amount of success?


What does "Out In Florida" mean, perhaps the Everglades?


The reality is that if you're looking for a position in sales, as a broker, it really doesnt' matter where you live.  Big brokerage firms have offices wherever there are people in concentrations.


However, if you're trying to get into the industry at another level the greatest opportunities are going to be in New York.  For example, there are hundreds of traders working for firms in Florida, but there are thousands of them working for firms in New York.


There are a lot of companies with headquarters in Florida.  Raymond James in St. Pete is probably the most visible but there is a huge Merrill presence in the Jacksonville area and lots of small firms up and down the East coast.


Florida is also a hotbed of securities fraud.  The state is absolutely crawling with boiler room type places so you need to be very careful.


Go to your local library and find a copy of


Standard and Poor's Security Dealers of North America, fondly referred to as "The Red Book" in the industry.