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i am a 22 year old business mgt major from pittsburgh,pa and i've become almost obsessed with the stock market over the years and i want to become a stock broker. I'm wondering if a stock broker is a good career move and how do i get my foot in the door because i dont know the first thing about getting into the business.
Get your insurance licenses, health, life, p&c not really necessary, do a bit of ins work to get your feet wet in the industry first, yup it's sales and it's not easy.
Next you'll have to get either a series 6 & 63 for mutual funds, annuities or just go for the full series 7, it's a tough exam, you can get the ins license yourself w/o being sponsored by any company but when you do your securities exams you’ll have to be sponsored by an investment firm and if you haven’t been working within anything related to the field your sol so ins will be your start.
Lot’s of ways to make a living in insurance & securities but you better have lot’s of contacts and be willing to play the business game, it’s rough building a client base, some cheat and buy a book of business but that takes money, if you do make it to the securities I would recommend staying away from Edward Jones.
I am a designer with an accounting and estimating background whom has been able to sell an entire package to my customers. I have several different companies that want me to sell their products for them. How do I become a sales broker?
i am a 22 year old business mgt major from pittsburgh,pa and i've become almost obsessed with the stock market over the years and i want to become a stock broker. I'm wondering if a stock broker is a good career move and how do i get my foot in the door because i dont know the first thing about getting into the business.
First, change your major to finance & get a good GPA. See if you can get an internship at a local firm part-time or over the summer.
Second, go to a top business school (Wharton) and get an MBA.
The job market for stock brokers is terrible right now. Nobody is hiring. It is extremely competitive.
You're better off sticking with corporate finance.
Agree - a stockbrocker is nothing more than a version of a car salesman and you need pretty much the same skills of selling a product (cold calling, ability to BS, working on commission, etc).
Also - probably not a good occupation to take up right now in this bear market.
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