”Rep. TV,'' the magazine's video source for financial advisors, now features in-house video interviews with industry experts who stop by Registered Rep.'s editorial offices. Stay tuned for more of these videos going forward.
For more, go to: http://videos.registeredrep.com.
Each month RegisteredRep.com's “Advisor Forum” receives about 224,000 unique page views from FAs who wish to discuss all kinds of topics, including this recent post about starting salaries:
“I just interviewed with ML for a PMD [practice management development] position and the BM [branch manager] told me I would start out at $50K if I got the position. Now I am a career changer with a wife and kids. I currently make approximately $65K. From what he tells me the first six months I would only make $50K as I would be getting licensed. My max out in the first year would probably be $52K. I don't think I can afford that kind of pay cut. Are these starting salaries negotiable? I know I have no book or prior sales experience but isn't everything negotiable? I could probably take a small cut but anything over $50K puts me into another bracket anyways from what I been hearing so I should be able to get $65K since the next bracket is up to $75K. To make it clear, I am not looking for hand out and understand that it's better to be full commission in the end but just need to pay the bills while I build a book. Any thoughts? Thanks.”
For more, go to: http://forums.registeredrep.com.
Rep. Readers Write
RegisteredRep.com has just launched a new social blogging microsite, ”Rep. Readers Write,'' which allows readers to upload stories that have not been published in other venues with a byline, affiliation and bio. We're looking for well-crafted and thoughtful articles on subjects significant to the wealth management industry, backed up by facts, including investing strategy ideas, market commentary, practice management how-to's and opinion pieces. It's just getting started, but we'd love for you to contribute! Check the home page for submission instructions.
For more, go to: http://registeredrep.com.
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