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Tractor Salesman Passes Series 7

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Jan 11, 2008 10:11 pm

I’ve been waiting a while to say those words for some time now. Although, I’m not the actual tractor salesman; I don’t have the blue blood pedigree that some of our astute members do.

  I smoked it with an 89% percentile. Not to shabby, I'd say. Especially since I started studying for this test on November 16, 2007.
Jan 11, 2008 10:23 pm

Congrats, what firm are you with/sponsored by?

Jan 11, 2008 10:28 pm

I agree, not too shabby…

Jan 11, 2008 11:39 pm

The tractor guy will smoke all the elitest snobs & GOOD FOR YOU ROCK ON!

Jan 12, 2008 12:02 am

Well making it in this business is about hard work…I guess if you study diligently for nearly 90 days, you can succeed! Good job. Who is your firm?

Jan 12, 2008 3:43 am

Nice job, Keep up the good work!

Jan 12, 2008 3:59 pm

Great, Congrats man, don’t ever feel ashamed of where you came from.  At one time I sold Lawn Mowers at a Hardware store in College.  All it did was help me hone my selling skills, I bet you would be amazed at some of the jobs a lot of top advisor’s did before they got the break.  Good Luck the test are the easiest part of this job it only gets harder from there. 

Jan 13, 2008 3:20 pm

I am working for AGE / Wachovia. From my understanding is that name change will become effective on March 1st, 2008. That will be just prior to me being able to effect transactions.

So I really won't be marketing myself under the AGE banner.
Jan 13, 2008 4:51 pm

Congrats, welcome to the club!

Jan 14, 2008 12:10 am
BigRed:

Well making it in this business is about hard work…I guess if you study diligently for nearly 90 days, you can succeed! Good job. Who is your firm?

  FYI, it only took me 57 days to score 89% without any prior training.   However, I'm not really that tractor guy as I have previously mentioned. I've had a myriad of professions. I have a lot of experience in retail tangables, have been a Pit Boss at the Horseshoe Casiono, and a small business owner.   Look forward to being involved here, thanks.
Jan 14, 2008 1:10 am
OneCleverCookie:

[quote=BigRed]Well making it in this business is about hard work…I guess if you study diligently for nearly 90 days, you can succeed! Good job. Who is your firm?

  FYI, it only took me 57 days to score 89% without any prior training.   However, I'm not really that tractor guy as I have previously mentioned. I've had a myriad of professions. I have a lot of experience in retail tangables, have been a Pit Boss at the Horseshoe Casiono, and a small business owner.   Look forward to being involved here, thanks.[/quote]   Again great job, but you may want to refrain from disclosing too much info about yourself.  We wouldn't want to see you get in any trouble with your company.
Jan 16, 2008 4:46 am

Cograts OCC…hearing your score brings back memories. I did the 8-week Jones home study, took the test, taking all but 15 minutes of the allotted time, and when I hit the final submit button…turned around, put my head in my hands and thought “well, maybe I can get a real estate license”…it was the hardest damn test I had EVER taken (maybe being 50 at the time had something to do with it)…seemed like every question had a right answer…and a MORE RIGHT answer.

  When I finally turned back around and looked at the screen....I had passed....with an 89%   went home...had way too many beers, suffered the consequences, studied one day for the 63 and made an 83% on it.....wish they had required the 66 back then 'cause I need to take that by June   ....ex-Jones.......Indy now
Jan 16, 2008 3:28 pm

Before I began studying for the Series 7, I was repeatedly told that it was extremely difficult to pass. So after I passed it easily, and saw that the pass rate was around 60%, I thought I had really accomplished something.

However, I have yet to come across a single person who has failed. As you all know, Jones has a reputation for hiring nearly anyone (regardless of what they say in StL about it being more difficult to get into Harvard than Edward Jones ), and I've seen some real morons pass the thing.   My friends decided I had to be one of the smartest guys in the county after I passed the 7, but those 15 minutes of fame ended when the former tractor salesman passed, and the used car salesman passed, and so-and-so passed.   I agree with many of you on this forum who believe the initial testing should be much more difficult than it currently is.     
Jan 16, 2008 3:34 pm

I think it is a difficult test, but not the most difficult to prepare for.  The reason Jones has such a high pass rate is because they actually have a process to help you get through it.  None of this study in the evening after your 9-5 job stuff.  If you took the 90% pass rate of Jones out of the 60% national pass rate, I wonder what the numbers would look like. 

Jan 16, 2008 4:03 pm

Most of the guys I’ve seen pass lately work for an independent firm and study in the evenings. 

  They're blowing the doors off the thing and using nothing more than the Kaplan study materials.    
Jan 16, 2008 4:28 pm

[quote=Borker Boy]Before I began studying for the Series 7, I was repeatedly told that it was extremely difficult to pass. So after I passed it easily, and saw that the pass rate was around 60%, I thought I had really accomplished something.

However, I have yet to come across a single person who has failed. As you all know, Jones has a reputation for hiring nearly anyone (regardless of what they say in StL about it being more difficult to get into Harvard than Edward Jones ), and I've seen some real morons pass the thing.   My friends decided I had to be one of the smartest guys in the county after I passed the 7, but those 15 minutes of fame ended when the former tractor salesman passed, and the used car salesman passed, and so-and-so passed.   I agree with many of you on this forum who believe the initial testing should be much more difficult than it currently is. [/quote]   It's not a difficult test in my book either.  I spent probably 80-100 hours max studying and scored 241/250.  There are plenty of people who passed who are horrible investment advisors...who know nothing about the financial planning process and who simply place money with the first wholesaler that takes them to dinner or last year's best performing funds.   If you want to set yourself apart from the tractor and used car salesmen, at least get a CFP.  I'm not even sure that bar is high enough to be honest.
Jan 16, 2008 5:02 pm

Jan 16, 2008 5:13 pm

[quote=Borker Boy]

My friends decided I had to be one of the smartest guys in the county after I passed the 7, but those 15 minutes of fame ended when the former tractor salesman passed, and the used car salesman passed, and so-and-so passed.    [/quote]   I didn't realized that state troopers are generaly considered more intelligent then tractor and car salesmen.  I have a trooper in my bowling league who is one of the biggest idiots I have ever come across.
Jan 16, 2008 5:28 pm

Jan 16, 2008 5:42 pm

[quote=Maxstud]

  I didn't realized that state troopers are generaly considered more intelligent then tractor and car salesmen.  I have a trooper in my bowling league who is one of the biggest idiots I have ever come across.[/quote]