[quote=exEJIR]I like to read these magazines, Suze, CNBC, etc., just to see which direction the investing public (i.e. my clients) is being misled.  I helps to prepare for there "questions". [/quote]

I can't even watch Suze.  She is such a moron that she often makes mistakes a first year rep would catch (I once heard her misquote the amount you could put in an IRA).  I used to write NBC every week asking them if they felt it was editorial responsible to put on such an idiot.  Never got a response!

Remember Mutual Funds Magazine?  I wrote in once asking how their "Top 100 Value Funds" could be missing Davis' New York Venture fund (along with its no load sister Selected American) when that exact fund topped their "Top 3 Mutual Funds of All Times" list just 9 months earlier.

Well i got a phone call and they were sending a photographer as I was going to be the featured reader the next month.  At least I was until I told them I was an advisor.  They cancelled that feature. 

In the end they did print an edited version of my letter saying that they had indeed overlooked NYVenture but...that Selected American was really a growth fund (both funds are invested identically).

Tells you how much the folks at Mutual Funds Magazine knew about mutual funds!

As to whether or not this career remains stimulating, I guess that depends on which direction you choose but I would say yes. Maybe even more so because with experience, you get to deal with more HNW clients who bring more complicated cases for you to master plus you begin to see the success of your advice.

It can be very rewarding to see a family reach its goals or receive a payoff from a life or disability policy they might not have bought without your help.

My Rep usually uses Money mag in seminars to demonstrate to clients and prospects & differentiate against the ads run in mags like Reg Rep / Financial Advisor Mag etc. primarily the following which we all know but most investors don't:

The ads run for mutual funds in Smart Money mag boast 12% (etc) returns in 1 yr, but don't say WHICH year. Because they don't HAVE to.

Then she opens up Reg Rep mag and shows ad for Federated Kauffman Fund () which shows rate of return in specific year.

She will ask people "what do you suppose the difference is between THIS magazine and THIS is? Well THIS magazine is Registered Rep and it is for industry professionals only, and they know when I see this ad, I'm going to look up the performance of the fund so they SHOW the year and rate of return. THIS is why YOU need ME to help you."

This is the big "ta-da" part of the seminar. You can use magazines like Smart Money to your advantage in this manner. (do the same thing with their "Ten Stocks you MUST own" issue they publish every year - hold a seminar the following year and see where their picks have ended up!)

[quote=Devoted SA]

My Rep usually uses Money mag in seminars to demonstrate to clients and prospects & differentiate against the ads run in mags like Reg Rep / Financial Advisor Mag etc. primarily the following which we all know but most investors don't:

The ads run for mutual funds in Smart Money mag boast 12% (etc) returns in 1 yr, but don't say WHICH year. Because they don't HAVE to.

Then she opens up Reg Rep mag and shows ad for Federated Kauffman Fund () which shows rate of return in specific year.

She will ask people "what do you suppose the difference is between THIS magazine and THIS is? Well THIS magazine is Registered Rep and it is for industry professionals only, and they know when I see this ad, I'm going to look up the performance of the fund so they SHOW the year and rate of return. THIS is why YOU need ME to help you."

This is the big "ta-da" part of the seminar. You can use magazines like Smart Money to your advantage in this manner. (do the same thing with their "Ten Stocks you MUST own" issue they publish every year - hold a seminar the following year and see where their picks have ended up!)

[/quote]

This is a good idea.  I'm stealing it.

Ditto for me Babs.

I’ll tell her so guys, she’ll appreciate that.

A year's subscription to Money Magazine is also an eye-opener at a seminar. Simply lay out the 12 issues side-by-side and the contradictory covers speak for themselves. For example, one cover says, "You can invest in (X) and forget it". Two months later, "Don't miss the boat, buy (Y)". 

Money Magazine is a discount broker's dream.

[quote=bankrep1]

Opie,

I guarantee you they polled people with 5 or 10 years of experience as a minimum.  This job gets easier and easier every year.

[/quote]

I agree with Bank Rep1.  Hey, nothing this lucrative is easy.  If it was everyone would be doing it.  This is like having your own business, course it is tough to make it.  If you fit, you will have the best job you can imagine.  If not, you will be miserable.  Try to determine if your personality, work ethic, sales techs. fit.  If not, don't start.  Realize it is a sales job and that you will have to bring in assets and generate revenue.  You will have to ask people for their money.  Friends, family, and strangers.  Are you still with us?

OK.  So when you fit, you can make your own hours.  You will make upwards of $250k per year.  Take vacations when you like and get paid for how hard you work.

Tough, yes.  Incredible opportunity-YES

But, take a hard look at yourself.  Don't start if anything I said makes you quiver. 

For me, this is not hard work and it is not any more stressful than other jobs I have had.  I love what I do and I am excited to come to work every day.

[quote=maybeeeeeeee]

For me, this is not hard work and it is not any more stressful than other jobs I have had.  I love what I do and I am excited to come to work every day.

[/quote]

And she's been doing it for several weeks now.  She's an absolute expert on everything and anything.