Skip navigation

How long to study for the 66?

or Register to post new content in the forum

35 RepliesJump to last post

 

Comments

  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
Jun 15, 2005 12:39 pm

Put, earlier in this thread you referenced RJ as a 2nd tier firm.  Out of curiosity, what is your quality criteria to differentiate between tiers??

Jun 15, 2005 1:33 pm

Steak Tartare or BBQ. Green Goddess or Ranch Dressing. Side Car or
Fuzzy Nipple. Brioche or white bread. Roasted Chestnuts or boiled
peanuts. Mineral water or gatorade. The list is endless. The criteria
remain the same. Audience. (Please say the above list aloud with teeth
remaining clenched. Top-drawer.)

Jun 15, 2005 7:38 pm

They can say whatever they like.  I interviewed at most of the firms out there and got offers from everyone I interviewed with.  I chose RJ because of :

-excellent management (see Forbes)

-excellent training

-excellent research department (see Penn State Study)

-the high quality of people in this office.  Most of who came from those other firms that people like that dork Put is from.

We might not be the biggest, but I think we are one of the best.  See JD Power study on full service brokerage firms.  We slipped from last year but we are still in the top 5.

Jun 15, 2005 9:03 pm

[quote=maybeeeeeeee]

They can say whatever they like.  I
interviewed at most of the firms out there and got offers from everyone
I interviewed with.  I chose RJ because of :

-excellent management (see Forbes)

-excellent training

-excellent research department (see Penn State Study)

-the high quality of people in this office.  Most of who came from those other firms that people like that dork Put is from.

We might not be the biggest, but I think we are one of the best.  See JD Power study on full service brokerage firms.  We slipped from last year but we are still in the top 5.

 [/quote]

If you are going to get me to buy mutual funds from you, why do I care how good your firm's research department is?

How does the quality of your firm's senior management affect your customers--or you for that matter?

If you are a rookie how do you know if the people in your office are "hgh quality" or not--what do you have to compare to?

Raymond James is not known for its excellent training--what do you have as a comparision to declare that it's excellent?

Jun 15, 2005 9:09 pm

[quote=maybeeeeeeee]

They can say whatever they like.  I
interviewed at most of the firms out there and got offers from everyone
I interviewed with. 

[/quote]



Is that right?  There are thousands of NASD member firms “out
there” and you interviewed with most of them–and got offers from every
firm you interviewed with?



Why did you not choose Goldman Sachs?
Jun 15, 2005 10:18 pm

[quote=Duke#1]Put, earlier in this thread you referenced RJ as a 2nd
tier firm.  Out of curiosity, what is your quality criteria to
differentiate between tiers??[/quote]



Good question.



I spend a lot of time trying to figure out what people think of our industry and the various players in the business.



In spite of the fact that RJ has its name on a lot of things, and is
spending increasingly on advertising, the reality is that the name is
still relatively unknown among retail investors.



Most RJ brokers still find themselves explaining that they are in the
investment business—and anytime you have to do that you’re at less
than a top tier firm.



I’ve gone to meetings at RJ on Carillion Parkway and been on the
tours.  The firm is still relatively small, although it’s growing
and that is good.



Tom James is a mixed bag among his peers–he has done a decent job of
attracting senior talent but the reality is that a lot of top tier
types have no desire to live in the Tampa area.



Roney brought very liitle value added to the St Pete effort, other than
to give the firm a couple of dozen little offices in Michigan and Ohio.



I think a better question is what about RJ makes them top tier in the
eyes of the clients–which is what it’s all about after all.

Jun 17, 2005 11:35 pm

[quote=Put Trader] 
I spend a lot of time trying to figure out what people think of our industry and the various players in the business.

[/quote]



The most honest and accurate statement I’ve read, Junior. Considering
most managers act the part of Decision Maker without the authority to
spend a dime unless first gaining their masters permission. Put,
remember the days when a manager could authorize a $100K expenditure
within his own cost center…ha ha ha.  This is why Put so fondly
recalls memories of days gone by. Today he has trouble spending
independently on anything not preapproved by his keepers. So, he has
been abandoned to think about things and the various "players."
Dime-store advice from a Tier One son-of-a-gun. Thank goodness for dsl,
sport.

Jun 20, 2005 3:49 am

[quote=Mojo] [quote=Put Trader]  I spend a lot of time trying to figure out what people think of our industry and the various players in the business.
[/quote]

The most honest and accurate statement I've read, Junior. Considering most managers act the part of Decision Maker without the authority to spend a dime unless first gaining their masters permission. Put, remember the days when a manager could authorize a $100K expenditure within his own cost center...ha ha ha.  This is why Put so fondly recalls memories of days gone by. Today he has trouble spending independently on anything not preapproved by his keepers. So, he has been abandoned to think about things and the various "players." Dime-store advice from a Tier One son-of-a-gun. Thank goodness for dsl, sport.
[/quote]

Well said mi amigo!

Jun 20, 2005 3:52 am

[quote=blarmston]$hit joe Da Man- you let the secret out !!! Now a certain someone will infest that site as well....  [/quote]

l  naw....i rather doubt it, and if he did I think he would get thoroughly flamed quite quickly....! 

Jun 20, 2005 1:22 pm

[quote=Put Trader][quote=Duke#1]Put, earlier in this thread you referenced RJ as a 2nd tier firm.  Out of curiosity, what is your quality criteria to differentiate between tiers??[/quote]

Good question.

I spend a lot of time trying to figure out what people think of our industry and the various players in the business.

In spite of the fact that RJ has its name on a lot of things, and is spending increasingly on advertising, the reality is that the name is still relatively unknown among retail investors.

Most RJ brokers still find themselves explaining that they are in the investment business---and anytime you have to do that you're at less than a top tier firm.

I've gone to meetings at RJ on Carillion Parkway and been on the tours.  The firm is still relatively small, although it's growing and that is good.

Tom James is a mixed bag among his peers--he has done a decent job of attracting senior talent but the reality is that a lot of top tier types have no desire to live in the Tampa area.

Roney brought very liitle value added to the St Pete effort, other than to give the firm a couple of dozen little offices in Michigan and Ohio.

I think a better question is what about RJ makes them top tier in the eyes of the clients--which is what it's all about after all.
[/quote]

So, it appears that your criteria for a top tier firm is one that has the biggest name in the industry and is a big firm.  I guess that's one approach to evaluating something, Put, and is something that I'm not surprised you'd say.  It's right along the lines of your judging people in our industry in how high they scored on the series 7 or the color of their skin.   Very superficial judgment criteria. 

Jun 20, 2005 1:29 pm

[quote=Duke#1]

So, it appears that your criteria for a top tier firm is one that has the biggest name in the industry and is a big firm.  I guess that's one approach to evaluating something, Put, and is something that I'm not surprised you'd say.  It's right along the lines of your judging people in our industry in how high they scored on the series 7 or the color of their skin.   Very superficial judgment criteria. 

[/quote]

As the saying, "You never get a second chance to make a first impression" teaches just about everything in life is instantly determined.

What I said was that if a broker has to explain to a prospect that he or she works for a brokerage firm they are starting their "at bat" with at least one strike against them.

The prospects don't give a damn about the things that brokers consider.  Do you suppose Mr and Mrs Jones, or even an institutional money manager, gives a damn about pressure to sell a certain fund?  I understand that they should, but what I'm asking is do you think they do?

Top tier firms are top tier because the investors points of view not because of the broker's points of view.
Jun 20, 2005 1:41 pm

[quote=Put Trader]

[quote=maybeeeeeeee]

They can say whatever they like.  I
interviewed at most of the firms out there and got offers from everyone
I interviewed with.  I chose RJ because of :

-excellent management (see Forbes)

-excellent training

-excellent research department (see Penn State Study)

-the high quality of people in this office.  Most of who came from those other firms that people like that dork Put is from.

We might not be the biggest, but I think we are one of the best.  See JD Power study on full service brokerage firms.  We slipped from last year but we are still in the top 5.

 [/quote]

If you are going to get me to buy mutual funds from you, why do I care how good your firm's research department is?

How does the quality of your firm's senior management affect your customers--or you for that matter?

If you are a rookie how do you know if the people in your office are "hgh quality" or not--what do you have to compare to?

Raymond James is not known for its excellent training--what do you have as a comparision to declare that it's excellent?

[/quote]

Put,
If you are going to get me to buy mutual funds from you, why do I care what you scored on your series 7 or series 66?

How does your Series 7 or Series 66 test scores affect your customers -- or you for that matter?

If you are a rookie how do you know if the people in your office are "hgh quality" or not--what do you have to compare to?  Your series 7 or Series 66 scores?

C'mon Put!  Put up or shut up!

Jun 20, 2005 6:17 pm

[quote=Put Trader]
In a nutshell, sure.  If you can find a set of Pass Perfect Series 66 use that, if not either STC or Dearborn will do in a pinch.

I wouldn't even read the book, just do sample questions.  If the explanation for the question does not teach you what you need to know look it up in the book.
[/quote]

Now look who's advising to do the minimums...after all your posts about motivation and doing everything possible to get the highest possible scores...you let me down, Put....but I'm not surprised.

Jun 20, 2005 6:34 pm

[quote=sienna]

[quote=Put Trader]
In a nutshell, sure.  If
you can find a set of Pass Perfect Series 66 use that, if not either
STC or Dearborn will do in a pinch.

I wouldn’t even read the
book, just do sample questions.  If the explanation for the
question does not teach you what you need to know look it up in the
book.
[/quote]

Now look who's advising to do the minimums...after all your posts about motivation and doing everything possible to get the highest possible scores...you let me down, Put....but I'm not surprised.

[/quote]

Did I say that it would not be possible to score 100% using my approach?  All I have ever asked of you slackers is where is the pride in barely passing--where is the pride in setting your goals low?

I also said what I'd do.  I am the smartest man on earth--I can read a sample question and glean what needs to be known.  Mere mortals cannot.

Get back with me when you find me saying, "Try to score a 70--there's no reason to try for anything more."
May 23, 2018 8:37 am

There is noticeably a bundle to know about this topic from this discussion. I agree that you should do sample exams and study a lot of books also. <a href="https://fastassignmenthelp.co.uk/">Assignment service</a>