series 7 now what?
so I have my Series 7 (and 63) and I'm having a rough time in sales. Granted I've been working on wall st less than one year but I thought the 7 would open more doors for me. I can work for alot of different firms in sales so that's a big plus, and I've met alot of interesting characters from guys who have made $100k in their second year in the biz too $500k but I'm not really a sales guy and I've met alot of guys who are broke at the end of second year (more so of the latter) and I'm becoming more and more convinced I will be broke too. I'm considering a new career path but not sure which?
So now what????????????
............ any advice will be appreciated :)
What are you selling? Girl scout cookies? By the way, everyone and their mother has the 7 & 63, so why you thought this would open any doors for you is beyond me.
such is the life of a broker. hasn't changed in 100 years, won't change for you. if you don't want sales, exit brokerage/PWM. try to get into ops in BO/MO and work your way up from there. this all assumes you went to a non-target, don't have CFA, and don't have a network you could call upon to help you get into capital markets/ER/AM at your current firm.
edit: if it was easy, everyone would do it, and it wouldn't pay so well.
thanks i didnt go to a target and i don't have a CFA ive been applying into bo/mo posistions with little or no response at all I might be interested in going for my CFA though how should I go about it how expensive is it how long should it take? just for reference it took me 2 months too get my 7/63
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