EDJ Field Foundations- My Experience thusfar
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[quote=MsBroker]I am ACATing a lot of funds, then liquidating once we get them in. I don’t know why I do it that way. I have found it easier to say, hey let’s just move these accounts over to me, then we can put together a game plan on how to invest…
I am brand new, though, so any asset gathering is a great thing for me. [/quote]"Ms.Broker...meet Mr.Compliance. Mr.Compliance, please hand that ream of switch letters to Ms.Broker.'
[quote=KensLoveChild]
[quote=MsBroker]I am ACATing a lot of funds, then liquidating once we get them in. I don’t know why I do it that way. I have found it easier to say, hey let’s just move these accounts over to me, then we can put together a game plan on how to invest…
I am brand new, though, so any asset gathering is a great thing for me. [/quote]"Ms.Broker…meet Mr.Compliance. Mr.Compliance, please hand that ream of switch letters to Ms.Broker.’[/quote]
Ms. Broker. Liquidate at the other firm. If you are going to do it at all.
You want to know about how to train, build a book, and succeed? And what not to do? I just read a 2009 book, a fiction novel, by a guy who dropped out of high school, trained with Merrill, and ended up becoming one of the top 25 EVP/Divisional Directors of what is now Morgan Stanfley Smith Barney. He made millions. He quit in 2000 at 43, took the SATs, and got into Stanford, graduating Phi Beta Kappa in three years. Smart guy. And frank. You want an insider’s view of training and the industry? Check out the August 2009 Forbes video on this guy. It’s on You Tube. Just type into their search engine “Forbes Finance to Fiction Bill Pack”. His novel is a current Pulitzer entrant. It’s also beautiful, raw as he##, and exhasting. Best I’ve read in a while. But this guy cuts through all the fluff and depicts the industry, and retail sales, as realistically as it gets. The book is called The Bottom of the Sky.
Quick Update- Just officially hit my PDP number this week. I'm only 2 months in, so that was nice. I'm right at 6k gross, and I have a couple of trades to place today to add another $450. I also just got signatures on $150k rollover.
I'm not exactly hitting it out of the park, but I will be happy if I can keep up the momentum and keep the numbers growing.Just curious ms broker, what’s ur biggest acct, and how many accts total? Seems like you are exceeding expectations keep it up!
32 new accounts (17 households) Largest is 175 Acat but only 40 of it is liquid, the rest is in American. The largest account of purely investable assets was 91k between a husband and wife. The rollover today will be my largest of investable assets.
I did just see that my gross is 396% of standard. That's kind of cool. I'm trying to figure out my total AUM right now. On performance summary, it's not updated yet.That's a good start! Start going back to those clients and get them to add systematically to their accounts....
[quote=noggin]
That's a good start! Start going back to those clients and get them to add systematically to their accounts....
[/quote] That advise is debatable. There are people on here who think that from a revenue standpoint time is better spent chasing new accounts than setting up new DCA's on existing ones.[quote=BerkshireBull][quote=noggin]
That's a good start! Start going back to those clients and get them to add systematically to their accounts....
[/quote] That advise is debatable. There are people on here who think that from a revenue standpoint time is better spent chasing new accounts than setting up new DCA's on existing ones.[/quote] There are people here that would debate if the sky is blue ... if windy is gay .... if Obama should have won the peace prize.That’s a good start! Start going back to those clients and get them to add systematically to their accounts…
+ 1
$100 into XYZ stock for each of your HH's = an extra $1020 gross per yr
[quote=BerkshireBull][quote=noggin]
That's a good start! Start going back to those clients and get them to add systematically to their accounts....
[/quote] That advise is debatable. There are people on here who think that from a revenue standpoint time is better spent chasing new accounts than setting up new DCA's on existing ones.[/quote] All you have to do is call them and tell them you are sending a form to add to their account. Follow up to make sure they do. Very little time.[quote=NoBullBull]You want to know about how to train, build a book, and succeed? And what not to do? I just read a 2009 book, a fiction novel, by a guy who dropped out of high school, trained with Merrill, and ended up becoming one of the top 25 EVP/Divisional Directors of what is now Morgan Stanfley Smith Barney. He made millions. He quit in 2000 at 43, took the SATs, and got into Stanford, graduating Phi Beta Kappa in three years. Smart guy. And frank. You want an insider’s view of training and the industry? Check out the August 2009 Forbes video on this guy. It’s on You Tube. Just type into their search engine “Forbes Finance to Fiction Bill Pack”. His novel is a current Pulitzer entrant. It’s also beautiful, raw as he##, and exhasting. Best I’ve read in a while. But this guy cuts through all the fluff and depicts the industry, and retail sales, as realistically as it gets. The book is called The Bottom of the Sky.[/quote]
Good video…
I like how he said to be successful, you “don’t give up (even) when it is unreasonable to continue.”
And that you shouldn’t “stop, if you believe you are doing something worthwhile.”
Sounds like someone I know…
You should have taken the advicer then. Prospecting is something worthwhile and something you are either unnable or too lazy to do. Hope things have changed. Because if not you will continue to fail.
[quote=fa09]You should have taken the advicer then. Prospecting is something worthwhile and something you are either unnable or too lazy to do. Hope things have changed. Because if not you will continue to fail.[/quote]
How old are you, 5?
I’m pointing out the obvious. How can possibly justify you staying in the industry just because you are willing to fill out applications and sit for interviews. You need to understand that this industry is about work ethic and you have yet to show you have any. So stop trying to justify your actions, change your screen name and come back as an advisor not just a teet sucker. Believe it or not I’m not trying to insult you but give you proper motivation not some bs where you pick and choose how successful peoples quotes fit your ideal situation.
You're still here? Do you like being an assistant at your new job :).Thanks dad! Someday, I’m going to be super-successful, just like you!
You're still here? Do you like being an assistant at your new job :).[/quote][quote=Still@jones]Thanks dad! Someday, I’m going to be super-successful, just like you!
(Insert "Windy blowing the RL" joke here)
Windy had his front teeth removed at the request of his RL. He looks like a stroke, but he got more assets for it.
- See I am right here for you Still@jones !!!