How to get s job as a stock broker in a financial company?

Question

How to get s job as a stock broker in a financial company?

Answer 1

If you are already a registered rep. (meaning you have passed the Series 7 exam) you should be able to apply to any company, and most are usually looking.  If not, you should really show some background of success in your field, and a Bachelor's Degree, at least.  You can't take the 7 unless you're being sponsored by a company.  Hope it helps.

Answer 2

Buy a fake degree, then apply.

Answer 3

Go and talk to them.  You dont need a college degree.  They will hire you train you.  You have to pass a couple tests.  They will want you to manage all your friends and families assets.  It is a tough job and takes about 5 years to make any money.  The turnover the first year is about 60%

Answer 4

Be prepared to work a lot of hours... have a degree in finance and apply.  The programs are hard  - you will be working 70 hrs per week while in the training program and after that if you want to make money...

Trust me this is a job that is nothing like what you see on tv.

Answer 5

In the US - You need to be an employee of a Broker/Dealer so they can sponsor you in order to become a licensed stock broker.  

Firms usually want college graduates, but it is not really necessary nor really a requirement but many firms like it and make it their requirement.

Bank broker/dealers usually want all the sales reps to be college graduates.

Your college major is not important, (No courses in the Academic world prepares you to be a broker).  But since your coming into the world of Finance, some of the more helpful majors would be Finance, Accounting, Economics or Statistics,

You should be good at math and have a decent idea about the stock market.

You should be good at selling, and it would help if you have an outgoing personality.

So if you‘re good at sales, or have a good sales background in place of a college degree, you’re part way there.

Try to get with any major brokerage firm they will put you through an in-house training program, which is primarily getting you ready to take the necessary test for licenses. You will need a Series 7 which is a General Securities Brokers test, and a Series 6 which is just for state approvals.

Most brokerage firms, except bank B/Ds, will put you on salary and once you have passed the test, they will slowly take you off salary and put you on commission basis pay out. Banks will usually keep you on salary.

If you have your choice, you’re always better going to work for a regular B/D rather than a bank - You will learn, faster, better and the proper way of how the industry works. As a broker for a B/D you can always find another B/D that will hire you or at the worse, you can always work for a bank.

But if you’re Bank B/D trained and licensed, it’s very difficult to go work for a regular B/D

Answer 6

I would not use a stock broker that does not check for their typos and talk in complete sentences.

With my money errors are not allowed.