Mutual Fund Wholesaler

7 replies [Last post]
NaySayer's picture
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Joined: 2006-05-10

I have been talking to a mid size Mutual Fund Co. about a Wholesaler position.
Appreciate any input on the Pros and Cons of this position.

troll's picture
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Joined: 2004-11-29

Call them immediately and tell then you'll take the job.

troll's picture
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Joined: 2004-11-29

and make sure you bring bagels to my office. I never see the wholesalers
that bring donuts.

troll's picture
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Joined: 2004-11-29

In other words, you dont think being a wholesaler is EASIER than being a broker, do you?

NaySayer's picture
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Joined: 2006-05-10

Bobby Hull wrote:Call them immediately and tell then you'll take the job.
Why did you say that?

NaySayer's picture
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Joined: 2006-05-10

pratoman wrote:In other words, you dont think being a wholesaler is EASIER than being a broker, do you?
I think they make 200k for serving breakfast and lunches.
Yes I think it is easier than being a broker.

troll's picture
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Joined: 2004-11-29

NaySayer wrote:
pratoman wrote:In other words, you dont think being a wholesaler is EASIER than being a broker, do you?
I think they make 200k for serving breakfast and lunches.
Yes I think it is easier than being a broker.

You still have to hit numbers. If you dont, you wont be in the job for long. And I dont know about you, but as an FA, a wholealer has to really make a clear case to convince me to replace one of the funds I use with his fund, and thats if he gets to talk to me. They all serve breakfast and lunch, and they all sound the same

Indyone's picture
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Joined: 2005-05-30

Get ready for rejection...again...and again...and again. 99% of wholesalers never get past my assistant, and if you think I'm tough, wait until you try to meet with a producer with serious numbers.

Tell me what fund company you're talking to and I'll tell you whether or not I'd see you...deal?

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