Two-Part Question

How alive is the modern day brokerage business? Are there still stock brokers spending all day cold-calling and developing a book of clients and managing their accounts?

Forgive me if the question is stupid. However, I interviewed with a firm the other day in South Florida for a StockBroker position. When I researched the firm the website showed all signs that it was more of a Financial Advisory firm with estate planning and retirement services. In the interview I was pleasantly surprised to find out they were updating the website, and were a "brokerage house" that serviced the high net worth and super-high net worth clients who had large sums of money that they could "play" with. The owner went on to tell me that they were a short term investment team that played their funds with volatility, holding positions no longer than 4 or 6 months at the most.

Anyway, they gave me the offer and I am excited, however a little cautious. Should I be?

Thanks

1 Comments
 

Aspernatur ut in voluptatum sunt. Incidunt fugit quia architecto nulla consequatur. Neque provident accusantium animi maxime. Rem optio voluptatum tempora ex ad.

Voluptatem distinctio deserunt iusto odio voluptatibus. Distinctio consequatur distinctio pariatur suscipit est. Ea aliquid voluptas qui odio ullam. Molestias fugiat dolorem ut sit.

Qui molestias velit nihil numquam. Quo quaerat inventore asperiores fuga ut qui.

I have come here to chew bubblegum and kick ass... and I'm all out of bubblegum.

Career Advancement Opportunities

September 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.4%
  • Goldman Sachs 01 97.9%
  • Morgan Stanley 07 97.3%

Overall Employee Satisfaction

September 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Morgan Stanley 03 98.9%
  • Evercore 01 98.4%
  • Banco Santander 02 97.9%
  • BMO Capital Markets 12 97.3%

Professional Growth Opportunities

September 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 07 98.4%
  • Goldman Sachs 01 97.9%
  • JPMorgan No 97.3%

Total Avg Compensation

September 2026 Investment Banking

  • Vice President (16) $429
  • Associates (51) $260
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (26) $182
  • Intern/Summer Associate (15) $159
  • 1st Year Analyst (84) $151
  • Intern/Summer Analyst (76) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
BankonBanking's picture
BankonBanking
99.0
3
kanon's picture
kanon
99.0
4
Secyh62's picture
Secyh62
99.0
5
DrApeman's picture
DrApeman
98.9
6
CompBanker's picture
CompBanker
98.9
7
dosk17's picture
dosk17
98.9
8
GameTheory's picture
GameTheory
98.9
9
Betsy Massar's picture
Betsy Massar
98.9
10
bolo up's picture
bolo up
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”