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.