Skip navigation

Blackrock

or Register to post new content in the forum

14 RepliesJump to last post

 

Comments

  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
Jan 10, 2007 2:48 pm

Any have any info on the internal wholesaler position. From what I gathered, its not particulary sales, just a liasion position between brokers and senior wholesalers.

Jan 10, 2007 3:47 pm

Internal wholesaler is the job you take so that maybe someday you'll be an outwholer.

It's absolutely a sales job where you absolutely have to make friends with people over the phone and try to wheedle an appointment for your external wholesaler to get into the branch. Then you have to be at the beck and call of the External putting together all of the stuff that he promises he brokers (hypos, graphs, prospecti, slick marketing material and all on a minute's notice even though the broker won't actually even ever read it).

It's long hours and low pay. But if you make it to External Wholesaler then it's longer hours, better pay (the Debbie Kirk days are long over in the industry, but it's still a better than average paycheck) and all the restaurant food you can ever bear to have looked at! Helps if you're already not married when you become an external... at least that way the divorce doesn't interfere with the traveling.

It's entry level into the world of "Road Warrior Sales". That's a very particular type of person that can enjoy that life, for a lifetime. Do yourself a favor and disabuse yourself of the notion that it is not a sales job, and if sales is not what you want to do for life, then step aside and leave the position for someone who wants that path.

Mr. A

Jan 10, 2007 6:30 pm

I understand there most likely will be some sales involved. However, how familiar are you with the company and position. I’ve heard that is was decent paying with some good perks. Does anyone else have any input as to this company and position? thanks in advance

Jan 10, 2007 7:23 pm

[quote=ebubbly]I understand there most likely will be some sales
involved. However, how familiar are you with the company and position.
I’ve heard that is was decent paying with some good perks. Does anyone
else have any input as to this company and position? thanks in
advance[/quote]



It is 100% sales job. Blackrock has good funds.

Jan 11, 2007 2:06 am

[quote=mranonymous2u]

Internal wholesaler is the job you take so that maybe someday you’ll be an outwholer.

It's absolutely a sales job where you absolutely have to make friends with people over the phone and try to wheedle an appointment for your external wholesaler to get into the branch. Then you have to be at the beck and call of the External putting together all of the stuff that he promises he brokers (hypos, graphs, prospecti, slick marketing material and all on a minute's notice even though the broker won't actually even ever read it).

It's long hours and low pay. But if you make it to External Wholesaler then it's longer hours, better pay (the Debbie Kirk days are long over in the industry, but it's still a better than average paycheck) and all the restaurant food you can ever bear to have looked at! Helps if you're already not married when you become an external... at least that way the divorce doesn't interfere with the traveling.

It's entry level into the world of "Road Warrior Sales". That's a very particular type of person that can enjoy that life, for a lifetime. Do yourself a favor and disabuse yourself of the notion that it is not a sales job, and if sales is not what you want to do for life, then step aside and leave the position for someone who wants that path.

Mr. A

[/quote]

THAT is some good advise.
Jan 11, 2007 2:08 am

Advice.

Jan 11, 2007 5:47 am

[quote=mranonymous2u]

Internal wholesaler is the job you take so that maybe someday you’ll be an outwholer.

It's absolutely a sales job where you absolutely have to make friends with people over the phone and try to wheedle an appointment for your external wholesaler to get into the branch. Then you have to be at the beck and call of the External putting together all of the stuff that he promises he brokers (hypos, graphs, prospecti, slick marketing material and all on a minute's notice even though the broker won't actually even ever read it).

It's long hours and low pay. But if you make it to External Wholesaler then it's longer hours, better pay (the Debbie Kirk days are long over in the industry, but it's still a better than average paycheck) and all the restaurant food you can ever bear to have looked at! Helps if you're already not married when you become an external... at least that way the divorce doesn't interfere with the traveling.

It's entry level into the world of "Road Warrior Sales". That's a very particular type of person that can enjoy that life, for a lifetime. Do yourself a favor and disabuse yourself of the notion that it is not a sales job, and if sales is not what you want to do for life, then step aside and leave the position for someone who wants that path.

Mr. A

[/quote]

I know Debbie Kirk.  She is a legend....
Jan 11, 2007 12:40 pm

Abso friigin lutely!

Mr. A

Jan 11, 2007 8:46 pm

Who has a good Debbie Kirk story?

We could make this a thread all it's own, Hell, she could fill a full topic.

Mr. A

Jan 12, 2007 2:11 pm

[quote=AllREIT][quote=ebubbly]I understand there most likely will be some sales involved. However, how familiar are you with the company and position. I've heard that is was decent paying with some good perks. Does anyone else have any input as to this company and position? thanks in advance[/quote]

It is 100% sales job. Blackrock has good funds.
[/quote]

At the end of the day, it's BlackRock.  Most people would give an arm and leg to get their foot in the door. 

Jan 12, 2007 6:09 pm

what can one expect in terms of compensation or work enviornment.  Does anyone else have any input on this subject. Thanks in advance

Jan 12, 2007 7:33 pm

High-pressure sales and phone exposure.  Comp maybe $40-60k base (depending on the market), bonuses to approximately double the base.

Jan 12, 2007 9:04 pm

[quote=ebubbly]what can one expect in terms of compensation or work enviornment.  Does anyone else have any input on this subject. Thanks in advance[/quote]

You should expect to find many people who are much smarter than you…

Jan 12, 2007 9:31 pm

"You should expect to find many people who are much smarter than you...."

Should be ...

"You should expect to find many people who are much smarter than youM...."

When speaking to a subective in the bitch slap tense one always sounds aloof whenst one uses the superflous M!

Mr. Am