Big Time Production?

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Sep 5, 2006 11:31 pm

NASD, assuming he’s being honest did about $600k in production (I’m fudging numbers a little). 

Sep 5, 2006 11:33 pm

Missing a comma.  Comment brought to you courtesy of the Grammar Police.

Sep 6, 2006 2:05 am

[quote=Shmer33]


Spaceman Spiff
Newbie



Joined: Aug. 08 2006
Location: United States
Posts: 14 Posted: Sept. 05 2006 at 11:29am | IP Logged

I think it's great to look at the top producers and think of yourself hitting numbers like that.  Unfortunatly the only numbers you need to focus on are the firm's and your family's.  What lets you keep your position with your firm and what keeps a sufficient amount of food on the table.  If you can't do those numbers, then you can't keep playing the game.  One of both of them will force you to stop.  Then you get to wonder about how much the guy at MCDs makes vs. your job at Taco Bell.

Imagine that, another ******* goes to an interview and is now qualified to give advice..

[/quote]
Actually I thought that was good  commonsense advice!
Sep 6, 2006 1:44 pm

[quote=bankrep1]NEWBIE,

Before you said you worked for two large national wirehouses and now you say two small insurance companies, can you explain that? [/quote]

No, he can't explain it.  Not without lying, that is.

Sep 6, 2006 2:25 pm

For example, in my last year I did $1,500,000.  Now, your challenge is to figure out what I really did in my last year.  Remember, I was in the upper 5% of the nation at a major wirehouse.

I guess you were an executive, coasting in a corner window office looking out on the rat maze of New York City, and sucking your income from the blood, sweat and tears of the rest of the actual producers in the field?

Just trying to keep the dialogue going.  Actually a real guess is that you were involved in product development.

Sep 6, 2006 2:30 pm

I am still waiting for his response regarding Bankrep's comment. So what is it old man- worked for two brokerages or two insurance companies?

I love it- when he gets caught in a lie he simpy chooses not to respond..... CLASSIC...

Sep 6, 2006 2:53 pm

It was responded to in the post immediately after the question was raised.

That you are unable to read does not paint you in a favorable light.

Sep 6, 2006 3:07 pm

Could it be that the two insurance firms were clients of his while he was at the major wirehouse?

Sep 6, 2006 3:12 pm

Sorry Schmer if I stepped on your toes.  I think it's pointless to compare yourself as a new broker to the other vets in your office.  They may have a completely different outlook on life as you or me.  I know a lot of brokers who are driven to make "eleventy kabillion" a month and others who are satisfied taking home $8-10K.  It doesn't really matter if I can't pay my bills or keep my company happy.  

Don't get me wrong, I've done the same thing as you are.  The best advice I was ever given by one of the ones I was comparing myself to was to stop it, go talk to a prospect or a client and try to make some money today. 

Sep 6, 2006 3:20 pm

[quote=banknomore]

Could it be that the two insurance firms were clients of his while he was at the major wirehouse?

[/quote]

Could be, maybe that's what was referred to about missing commas.

When you're blinded by jealousy--as is Blarmstrom--your ability to think clearly is compromised.  If it ever existed in the first place.

Read what the fool has to say--have you ever thought of "working on my tan" to be something that a really bright guy would ever do?

Sep 6, 2006 4:55 pm

Sep 6, 2006 6:23 pm

He was never a rep, he is a retired english high school teacher who blew up his 403B and found this site while looking for information on what he was supposed to do. Now he takes pictures of his dog because his wife, well let’s just say she’s not worth the film.



You have been caught in so many lies it amazes me you still post. Time to change screen names…

Sep 6, 2006 10:55 pm
bankrep1
Senior Member



Joined: Dec. 02 2004
Posts: 713 Posted: Sept. 06 2006 at 1:23pm | IP Logged He was never a rep, he is a retired english high school teacher who blew up his 403B and found this site while looking for information on what he was supposed to do. Now he takes pictures of his dog because his wife, well let's just say she's not worth the film.

You have been caught in so many lies it amazes me you still post. Time to change screen names...

Ok, that is a bit ridiculous.  If you don’t like some one, so be it…   

 <?:namespace prefix = o ns = "urn:schemas-microsoft-com:office:office" />

But don’t make claims about other people’s spouses. 

 

This forum is full of such jackasses..     
Sep 9, 2006 1:30 am

Who here is netting 250K? 500K?

Sep 9, 2006 2:49 am

   

There is no on this forum making anywhere near that kind of money. <?:namespace prefix = o ns = "urn:schemas-microsoft-com:office:office" />

 

I am going to start a brawl and venture to say I could guess who the three top earners are on this forum- 2 are independent.

 

They are probably 140-190k.

 

There is also retired exertive that posts.  All things considered; his geographical location; the type of firm which employed him; and his level of management; he pulled in a minimum of 500k at the peak of his career.   www.vault.com 

 

There are a few recruiters here too.  Flat out- no idea. 

 

There are a lot of people here who talk a big game too.  They portray themselves as powerbrokers.  They are 60-90k.   

 

 The rest of us are rookies, hoping to pull in the 100k+ in about three years.

       

      
Sep 9, 2006 2:58 am

 <?:namespace prefix = o ns = "urn:schemas-microsoft-com:office:office" />

Are you referring to our gross production per month or how much we are making per year?

If you are referring to production, I don’t know. I asked the same question.  No one would admit to what they are pulling in. 

Independent compensation is structured differently than the wirehouse compensation packages.

Indys pay for everything.  But their payout is much higher 45-50%?        
Sep 9, 2006 3:07 am

I’m sure he’s  not the only one, but I’m pretty confident that Zacko is making some serious coin…

Sep 9, 2006 4:27 am

[quote=Shmer33]   

There is no on this forum making anywhere near that kind of money.

 

I am going to start a brawl and venture to say I could guess who the three top earners are on this forum- 2 are independent.

 

They are probably 140-190k.

 

There is also retired exertive that posts.  All things considered; his geographical location; the type of firm which employed him; and his level of management; he pulled in a minimum of 500k at the peak of his career.   www.vault.com 

 

There are a few recruiters here too.  Flat out- no idea. 

 

There are a lot of people here who talk a big game too.  They portray themselves as powerbrokers.  They are 60-90k.   

 

 The rest of us are rookies, hoping to pull in the 100k+ in about three years.

       

      [/quote]

I think Indy is prolly right about Zacko.  Good guy.

There is at least one other indy who is on this forum and making serious bank, say 2x the high end of the range you described.  I won't out him, but if B. wants to speak up, he will know who I am talking about.

Indyone is having a pretty good year for his rookie year indy, from what I gather.

I am going to fall slightly under the lower end of the range you cite for higher producers.  Then again it has been an interesting time for me that included a relocation across the country. I also get to play a little golf now and then.  So I can't complain, and most of that revenue is annuitized so next year will be pretty nice too!

I rather doubt Newbie made as much as he'd like to make you think.  He tries to hard to prove his importance to us for me to believe he is the real thing.
Sep 9, 2006 4:29 am

[quote=Shmer33]   

There is no on this forum making anywhere near that kind of money.

 

I am going to start a brawl and venture to say I could guess who the three top earners are on this forum- 2 are independent.

 

They are probably 140-190k.

 

There is also retired exertive that posts.  All things considered; his geographical location; the type of firm which employed him; and his level of management; he pulled in a minimum of 500k at the peak of his career.   www.vault.com 

 

There are a few recruiters here too.  Flat out- no idea. 

 

There are a lot of people here who talk a big game too.  They portray themselves as powerbrokers.  They are 60-90k.   

 

 The rest of us are rookies, hoping to pull in the 100k+ in about three years.

       

      [/quote]

I get the idea that TJ is makin' some bank, too, not to put him out by sayin' so.  I think he might be indy, but not sure.

The Judge-makes some claims-but not sure he's really putting the numbers up or just talkin' bull. I know which way I'm leaning, but not sure yet.
Sep 9, 2006 12:36 pm

[quote=joedabrkr] [quote=Shmer33]   

There is no on this forum making anywhere near that kind of money.

I am going to start a brawl and venture to say I could guess who the three top earners are on this forum- 2 are independent.

They are probably 140-190k.

There is also retired exertive that posts.  All things considered; his geographical location; the type of firm which employed him; and his level of management; he pulled in a minimum of 500k at the peak of his career.   www.vault.com 

There are a few recruiters here too.  Flat out- no idea. 

There are a lot of people here who talk a big game too.  They portray themselves as powerbrokers.  They are 60-90k.   

 The rest of us are rookies, hoping to pull in the 100k+ in about three years.

       

      [/quote]

I get the idea that TJ is makin' some bank, too, not to put him out by sayin' so.  I think he might be indy, but not sure.

The Judge-makes some claims-but not sure he's really putting the numbers up or just talkin' bull. I know which way I'm leaning, but not sure yet.
[/quote]

What about me? How much am I making?