Seminars and AUM?
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One of the things I alluded to but did not ellaborate on…
Although my seminar content is rather boring, I am a fairly good presenter. However, after having sent out 5000 invitations on three occassions, I have only managed to get an average of 6 buying units at each seminar. I don't care how good you are, with 7 buying units, you're not gonna do a lot of business. The name of the game is either a "captive" audience (the small, intimate, "bring an interested friend" seminar), or a seminar with large attendance (like at least 25-30). And since my B/D is pretty uptight about invitation content, my invites simply can't be that exciting like Jason's.I sent out about 600 eVites to a seminar with a more technical bent (“Using non-linear optimization for asymmetric asset return distributions” – thats a joke). Exactly 2 people showed up – yeah I know it shoulda been on ‘Retirement’ planning or converting to a roth b 4 2010 or such. But one of the two who did was from the [state name] Fund of Funds who in turn introduced us to all the other players in the public asset mgt market (University of___ Endownment Fund, Worker Comp Fund, etc etc).
[quote=BioFreeze]
[quote=henrybar]That would be some crazy production…[/quote]
Average commish will be around 6.5%
[/quote]
Nice! I’ll be sure to look for you on an upcoming episode of MTV Cribs!