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Good leads for cold calling

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Mar 10, 2009 6:16 pm

Hello everyone,

I would like to hear everyone’s thought on cold calling. Obviously you want to have a good lead source. Anyone care to share some thoughts on who to buy from? I am lost at this and need some recommendations prefferably accredited investor’s list? Please help. Thank you in advance

ps. I have 4 guys that i’m currently paying right now to hit the phones and they are pretty good guys but I must have crappy list not getting much action at the moment. List is from the library just to let everyone know.

Mar 11, 2009 7:30 am

How much do you pay the callers?

Mar 11, 2009 4:47 pm

I hope the people you have cold calling have licenses to sell securities? Don’t know about your state, but this one requires it. FYI

Mar 12, 2009 7:03 pm

Link to FINRA rules on cold calling:

Unregistered cold callers are limited to extending invitations to attend brokerage firm-sponsored events; inquiring whether an investor wants to discuss investments with a registered broker; and asking whether an investor wants to receive investment literature from the firm.

Mar 13, 2009 4:54 pm

i think going commission is the only way to go because any real salesmen that need 10 dollars an hour pretty are saying they are not confident in their sales ability. I have been on only commission for 9 years now and doing just fine. Still no one care to recommend the lead source?? lol