Wow, thanks for all the suggestions! Right now I just want to work for a bank to build up my network of possible clients. It has been my experience that Asians LOVE banks and always want to stuff their money into CD's. I dont know about other geographic locations but in Houston there is about 25 local banks next to each other servicing the Asian market. 25 banks on one road in Chinatown!!

I tried working the Asian market while I was at Ameriprise and it didn't work out too well..they like Charles Schwabb and Merrill Lynch above all investment firms.

[quote=slkgirl]

Wow, thanks for all the suggestions! Right now I just want to work for a bank to build up my network of possible clients. It has been my experience that Asians LOVE banks and always want to stuff their money into CD's. I dont know about other geographic locations but in Houston there is about 25 local banks next to each other servicing the Asian market. 25 banks on one road in Chinatown!!

I tried working the Asian market while I was at Ameriprise and it didn't work out too well..they like Charles Schwabb and Merrill Lynch above all investment firms.

[/quote]

It is my experience that Asians are fond of using the market as a form of gambling--which would explain the loyalty to Schwab.

I bet that even banks have a difficult time converting the CD buying instinct into mutual funds and/or annuties.

Nonetheless even if only a small portion of the possible clients are converted it can be an attactive way to make a living.

[quote=DAtoo][quote=slkgirl]

Wow, thanks for all the suggestions! Right now I just want to work for a bank to build up my network of possible clients. It has been my experience that Asians LOVE banks and always want to stuff their money into CD's. I dont know about other geographic locations but in Houston there is about 25 local banks next to each other servicing the Asian market. 25 banks on one road in Chinatown!!

I tried working the Asian market while I was at Ameriprise and it didn't work out too well..they like Charles Schwabb and Merrill Lynch above all investment firms.

[/quote]

It is my experience that Asians are fond of using the market as a form of gambling--which would explain the loyalty to Schwab.

I bet that even banks have a difficult time converting the CD buying instinct into mutual funds and/or annuties.

Nonetheless even if only a small portion of the possible clients are converted it can be an attactive way to make a living.

[/quote]

It depends on what part of Asia you are from. You will get either side of the extremes...very conservative or VERY risky. In Lake Charles about 80% of the gamblers are Vietnamese.

[quote=DAtoo][quote=slkgirl]

Wow, thanks for all the suggestions! Right now I just want to work for a bank to build up my network of possible clients. It has been my experience that Asians LOVE banks and always want to stuff their money into CD's. I dont know about other geographic locations but in Houston there is about 25 local banks next to each other servicing the Asian market. 25 banks on one road in Chinatown!!

I tried working the Asian market while I was at Ameriprise and it didn't work out too well..they like Charles Schwabb and Merrill Lynch above all investment firms.

[/quote]

It is my experience that Asians are fond of using the market as a form of gambling--which would explain the loyalty to Schwab.

I bet that even banks have a difficult time converting the CD buying instinct into mutual funds and/or annuties.

Nonetheless even if only a small portion of the possible clients are converted it can be an attactive way to make a living.

[/quote]

So, DA2, you're saying that DIY's are basically gambling... Hmm. 

A joke guys, relax. I cannot access this board from my office, so its’ been 24 hours since my “turns into a pizza at midnight” comment! Just a little levity to help with all of us who are building books and grinding it out. So, slkgirl, I have to go, "me sooo horny…"



Seriously guys, why are we wasting so much time on someone who should clearly apply for a job as a bank teller?

[quote=DAtoo]

It is my experience that Asians are fond of using the market as a form of gambling–which would explain the loyalty to Schwab.

Seriously guys, why are we wasting so much time on someone who should clearly apply for a job as a bank teller?

Because deep down, we all love Asians...