I have to take the Smith Barney sales test on Monday. Unlike many other places, I have to go into the local office to take the test. What should I expect on this sales exam? What could I expect for a starting salary? Does anyone have any advice or tips for getting hired by Smith Barney?
I already have licenses and came from being a Trader at Fido.
I seem to remember some guy asking this same question but couldn't find it. If someone knows where it is, could you kindly point it out.
I just took it recently.
My test consisted of three sections, but I believe there was a fourth section if you already have a series 7.
Section 1 was 29 premise questions where you read a statement and have to say if the statement is necessarily true, probably true, not enough information, probably false, or necessarily false.
Section 2 consisted of approximately 27 math type problems and I did get to use a calculator.
Section 3 was the personality profile.
Honestly, not much to it.
The salary is around 40k I believe ... I took the test a couple of weeks ago, and I meet with the branch mgr on Monday, so I can confirm for sure what the salary is. Might vary by region (up north might pay more than down south) bc cost of living ....
Salary depends on experience AND you can most definitely negotiate.
I got 10 more k out of my offer and the BOM didn't even bat an eye.
I just told him that his offer wasn't what I had in my mind and then I asked him if he had flexibility with the base offer. He said he would find out within a few hours and let me know. Within a few hours, I had 10k more in base.
The BOM showed no resentment whatsoever and I think he even appreciated the fact that I was negotiating as long as I stayed respectful.