Getting started...and where you end up

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Apr 16, 2007 8:01 pm

I'm doing some research to determine if this would be worthwhile for my nephew to consider.  I'm interested in getting some info from experienced advisors:


#1  Do you always have to work as an FA first before going Indy?


If so, how long?


#2  What certifications do you have to have?  Cost?  How long it takes to get them?


#3  Where is the best company to start out with (training)?


#4  I've heard that it's best to go Indy?  What companies are best for this?  What's required to go Indy?


#5  Average Salary starting out; after 5 years of experience?


#6  Where do you get your prospects?  Is it necessary to sell to friends and family?


#7  Why do you like this job?   What are your dislikes?  Advantages; disadvantages of this job.


Thanks in advance.

Apr 16, 2007 9:00 pm

You might want to do some searches on this board before you ask the questions, as they have each been answered many times. Once you get some background, then come back and get clarification on things you are unclear about.  You have basically asked folks to answer some pretty broad, open-ended questions that have been addressed numerous times.  Tough to answer all of these in one shot.

Apr 16, 2007 9:15 pm

Hmmm, I see.  I didn't realize my question was so complex.  I'm not looking for streams and streams of conversations.  Just looking for cut/dried, summary responses.


Such as:


Yes, First you have to work as an fa (normally a few years).


Yes, you, at minimum, need a series 7.  You have to find a comjpany to sponsor you first. 


Once you build up clients:  then you can apply to go Indy with that company... this normally means that you have to pay a %...


You seen posts on EdJones: this is a good company to start out but not to end up.  You might want a company like SB because...you'll ...


I don't know the answers ...but these are the "SUMMARY" answers I'm looking for (in a nut shell). 


I believe other newbies or people considering this field would find this particular topic helpful.  Sometimes the search function doesn't always make the grade. 

Apr 16, 2007 9:25 pm
jokeriswild:

Hmmm, I see.  I didn't realize my question was so complex.  I'm not looking for streams and streams of conversations.  Just looking for cut/dried, summary responses.


Such as:


Yes, First you have to work as an fa (normally a few years).


Yes, you, at minimum, need a series 7.  You have to find a comjpany to sponsor you first. 


Once you build up clients:  then you can apply to go Indy with that company... this normally means that you have to pay a %...


You seen posts on EdJones: this is a good company to start out but not to end up.  You might want a company like SB because...you'll ...


I don't know the answers ...but these are the "SUMMARY" answers I'm looking for (in a nut shell). 


I believe other newbies or people considering this field would find this particular topic helpful.  Sometimes the search function doesn't always make the grade. 



You've hit the high point in life. That where you are able to answer your own questions.

Apr 16, 2007 9:27 pm


don't know if my answers are rite or not.


Seriously, if you're looking for specific info, who wants to take the time to read thru streams and streams of posts.

Apr 16, 2007 9:31 pm
jokeriswild:


don't know if my answers are rite or not.


Seriously, if you're looking for specific info, who wants to take the time to read thru streams and streams of posts.



Aren't you a broker? Can't YOU tell your nephew?

Apr 16, 2007 9:37 pm

maybe I am and maybe I ain't...maybe I am researching the career field for myself and just used the guise as a cover. shhhh...our little secret.

Apr 16, 2007 9:44 pm
goforbroke:

maybe I am and maybe I ain't...maybe I am researching the career field for myself and just used the guise as a cover. shhhh...our little secret.



jokeriswild you signed in under the wrong screen name to answer the post.  your little game is up!

Apr 16, 2007 10:02 pm
joedabrkr:
goforbroke:

maybe I am and maybe I ain't...maybe I am researching the career field for myself and just used the guise as a cover. shhhh...our little secret.



jokeriswild you signed in under the wrong screen name to answer the post.  your little game is up!


Dumbass.

Apr 17, 2007 12:47 am

I just read BH's posts..recall how I just read the last post...as someone bluntly pointed out to me.... and assumed he was up to his old tricks trying to bully me off the site.  


Wow: it is verrrry interesting how you both appear:  it's magical: you two are like a pair of spades, clubs or a duece of diamonds or a pair of Kings (or Queens )...intereresting how you two back each other up. Talk about a couple of asses.


Joker: yeah, it seems that some of the experienced advisors should be able to answer your questions.   Joey, how's about answering the question for this joker.  back to topic.

Apr 17, 2007 1:08 am
jokeriswild:

Hmmm, I see.  I didn't realize my question
was so complex.  I'm not looking for streams and streams of
conversations.  Just looking for cut/dried, summary responses.





Tell your nephew to do his own research. If he needs other people doing
the legwork for himself, he won't suceed in this business.



This business is basicly a brutal sales job, kind of like a fist fight.




Apr 17, 2007 1:10 am

It seems that some of you have said you


WANT TO GIVE BACK.  (sillotte, bondguy...)  That was a genuine comment.


Where's the generosity.  

Apr 17, 2007 1:15 am
AllREIT:
jokeriswild:

Hmmm, I see.  I didn't realize my question
was so complex.  I'm not looking for streams and streams of
conversations.  Just looking for cut/dried, summary responses.





Tell your nephew to do his own research. If he needs other people doing
the legwork for himself, he won't suceed in this business.



This business is basicly a brutal sales job, kind of like a fist fight.






That looks like a cut and dried summary response to me!

Are you going to accuse me of being AllREIT now too?

Apr 17, 2007 1:17 am

I'd accuse u of something but your inbox is full.


Seems the people who said they wanted to "give back" would be a little more giving and respond.  Let's help out the NEWBY's or wannabees..put your money where your mouth is.


Sillottee and bondsguysaid they wanted to give back: my twin sister has asked that you just sum it up in a tidy little post...


is that too much to ask!  I'll tell my demanding sister to never never post here again... happy now. 

Apr 17, 2007 2:04 am
goforbroke:

I just read BH's posts..recall how I just read the last post...as someone bluntly pointed out to me.... and assumed he was up to his old tricks trying to bully me off the site.  


Wow: it is verrrry interesting how you both appear:  it's magical: you two are like a pair of spades, clubs or a duece of diamonds or a pair of Kings (or Queens )...intereresting how you two back each other up. Talk about a couple of asses.


Joker: yeah, it seems that some of the experienced advisors should be able to answer your questions.   Joey, how's about answering the question for this joker.  back to topic.



Wow....brilliant observation....you caught me....OBVIOUSLY me and Bobby are the same person.  ::rolls eyes::

Maybe this would be a good time for the essentially passive mods on this board to speak up-and point out that me and Bobby are posting from completely different IP addresses in different parts of the country-if they were willing to do so in an effort to restore some semblance of order.

Anyone with a modicum of reading comprehension who has read this board for more than a cup of coffee knows that BH and I are not one in the same, just from the difference in our writing styles.  Besides, many of us pretty much know who Bobby is, too.

It is ironic(and perhaps even clever of you) to accuse me of such in an effort to distract us from the obvious gaffe you committed in switching back and forth between your two personas.

It does not take much brainpower to read the first page of this thread and see how in post #7(page 1) you respond to BH's question as the "goforbroke" persona because you forgot that you had started this thread full of repetitive questions and responses to BH as your "jokeriswild" persona.  Good show when you try to cover that up, but it's all there in black and white.  Don't take me at my word, everyone.  Read it yourself and see-the similarities in syntax, grammar, and spelling are unmistakeable and undeniable.

You know, when you first started posting here as your 'Suze Ormon fan' persona I responded to you rather bluntly, and again when you came back.  Several weeks ago you pm'd me and called me an 'a-hole', and then recently you start sending me messages like I'm your buddy.  I tried to be civil, and in the spirit of that I have NOT posted any of your pm's to share, but I really am NOT your buddy.

Please-take one moment to read the name of this board.  Read it slowly and carefully.  Say it out loud if it helps.  Yes this board is "public" in the sense that it can be viewed by anyone.  However, the intent of the board to be for folks in the industry is pretty clear-considering the name and the sponsor of the board and the content.  Registered Rep magazine hosts this board as a useful service to us, and I'm sure now and then they also pick up some useful material for articles too.  Yes there is some water cooler humor and gossip and some general threads, but for the most part this board is a community of individuals interested in exchanging useful information and opinions about the business of helping people with their money.

In the past you have implied that I am a mod or a friend of a mod.  I am not.  You have also accused me of "bullying you" to try to get you to stop posting.  Well there is a fair amount of free speech here, and I exercised it to share that I found some of your posts(especially the incessant Suze Ormon drive) to be VERY annoying.  This is a demanding business that tends to cause one to develop a thick skin and limited patience.  You come into our house and poop on the carpet, and you can expect somewhat of a negative reaction!

Look, I'm just a guy who is in the business, who enjoys giving back to newbies who sincerely want help, who has learned a lot of interesting ideas on this board, and has also had a good laugh now and then at our virtual water cooler on the internet.  The folks who are here regularly that are not RR's are fellow like rrdblawyer and some of the recruiters who work in fields servicing the industry and they offer some valuable perspective, and don't try to be pretenders.  They're very up front about who they are.

I'm a long-time poster on this board who has only had ONE screen name here because I've never been banned and I don't have the time or energy to create a second fictionalized persona.  I'm sick and tired of industry outsiders coming on this board to monopolize topics for their own sick entertainment(of the "HEY LOOK AT ME!" variety) or to post spam about mortgage leads or parody another valuable long time poster-such as BondGuy and his recent parody "bondguysdog".  I mean really, Spaceman SpLiff is at least funny.  This dog clown is just trying to make what he sees as a moral (high-horse) point and is abusing BondGuy's reputation and persona in the process.  IT sucks.

So I'm not going to bully you or snipe or say anything nasty.  I'm just going to close this (lengthy) post by saying:


Please go away!

Apr 17, 2007 5:52 pm
jokeriswild:

I'm doing some research to determine if this would be worthwhile for my nephew to consider.  I'm interested in getting some info from experienced advisors:


#1  Do you always have to work as an FA first before going Indy?


If so, how long?


#2  What certifications do you have to have?  Cost?  How long it takes to get them?


#3  Where is the best company to start out with (training)?


#4  I've heard that it's best to go Indy?  What companies are best for this?  What's required to go Indy?


#5  Average Salary starting out; after 5 years of experience?


#6  Where do you get your prospects?  Is it necessary to sell to friends and family?


#7  Why do you like this job?   What are your dislikes?  Advantages; disadvantages of this job.


Thanks in advance.



If you are doing this for a nephew YOU ARE WASTING OUR TIME AND HIS.  HE NEEDS TO DO ALL OF THE WORK ON HIS OWN AND HE NEEDS TO BUILD HIS BOOK ON HIS OWN.  This is a job for self motivated, hard workers.  Does he have a history of successfully working long and hard?  No?  How did I guess?  Move on.

Apr 17, 2007 7:50 pm

Thanks everyone!


I found a link that answers my preliminary questions:


http://www.palmbeachpost.com/jobs/content/jobs/resources/pro files/socfo.html


http://www.palmbeachpost.com/jobs/content/jobs/resources/pro files/socfo.html


Apr 17, 2007 11:38 pm
joedabrkr:


I'm a long-time poster on this board who has only had ONE screen name here because I've never been banned and I don't have the time or energy to create a second fictionalized persona.  I'm sick and tired of industry outsiders coming on this board to monopolize topics for their own sick entertainment(of the "HEY LOOK AT ME!" variety) or to post spam about mortgage leads or parody another valuable long time poster-such as BondGuy and his recent parody "bondguysdog".  I mean really, Spaceman SpLiff is at least funny.  This dog clown is just trying to make what he sees as a moral (high-horse) point and is abusing BondGuy's reputation and persona in the process.  IT sucks.

So I'm not going to bully you or snipe or say anything nasty.  I'm just going to close this (lengthy) post by saying:


Please go away!



Gee goforbroke/jokeriswild I find it interesting that you have not responded to my post.  Hiding from the truth?  Sunlight is the best disinfectant I hear....

Apr 18, 2007 12:31 am

how true.

Apr 18, 2007 12:39 am

ps: bad manners to try to guess at someone's REAL name (especially) an advisor in an effort to chase them away, too.  Shame on you.


You're way too aggressively hostile to the point of being a BIG BULLY along with your ho doggie.  This isn't your site or your doggie's site and you don't control it as much as you and joedabrkr's doggie would like to.


Have a nice day!  Live and let live.