Trading Floor BS

so you are 6 years into your career in sales...at this point...you should be a revenue producer with your own accounts.

so, what are your numbers?

ok....so 2 years in sales...what exactly do you do in your day to day? what do you want to be doing?

OP, can you provide a little more info on your background? Everyone seems a little lost...

I'd like a little more information about your history and progress. But generally, I'd say put your resume together and figure out what your weak spots are. Then try and improve those on company time before trying to go someplace else. That's assuming you feel like you've topped out.

Echoing the comments about providing more context about your background. But based on the fact that you've been an Associate for 2 years and have 0 accounts, I'd say you're not in a good spot.

Hopefully someone more senior in S&T can confirm/correct me, but at your point, you should be generating at least $3mm for your desk every year.

You have no accounts after 2 years? I hear Nomura is hiring.

All, I apologize for the delay in reply. It seems while traveling my comment didn't post. ... This is more feedback than expected! Thank you all for giving your perspective! I’ll go through the above to clarify a bit more in a quick summary:

@ want2trade - day to day: (1) backup senior coverage on the more complicated accounts/trade styles (think macro) (2) training with different senior coverage with same product group but ‘friendlier’ accts - What i want to do is learn the more sophisticated products in and out, sell them like I trade it, and start getting on the phone on my own

• as for accounts: yes, 0. Partly because I passively denied taking the very low ones such as e-accounts on the cash side (which could be a mistake I have now realized)
• $3mm is too high, this I can know based on what i see

I believe with the new guys coming out on the rotational programs - they'll have better luck and squeeze me out unless I start making some $.

I'm noticing that im not making inroads with the traders or the new senior guys im supporting. i dont give up but theres a part where you feel like s***. Anyway, just blowing off steam.

Thanks all for your input.

I wouldn't go to b-school if you want to stay in finance. I don't think it makes sense to leave markets and then come back to markets. This is usually a disadvantage I believe.

I certainly wouldn't drop out to get an MBA, mostly a waste of time and money. If I was you, stick it out, possibly consider the CFA? That's an option that many overlook that I feel will greatly add to your resume and your skill set. This might be the extra boost you need to be flexible and find other opportunities.

HI Monkeys,

Wanted to give an update here. So, I've received a performance review and can say it was certainly shit. Whereas the prior two years were raving glory from MD's (no longer with firm), the current one stands out pretty badly. In all, it says I am behind on my knowledge of products and can't have a book anytime soon. I'm told to start backing up more sales folks. Am I getting fired or is there still a chance?

1. Any tips/advice on how to recover from here? Read a HBR article to ask questions about the review and develop plan of action. Anything else market folks can please recommend?

This is life. Will deal with it. But doing it smartly would probably be the more strategic idea.

1. One more question I have for you guys: I don't booz, club, party or any bs. I like watching sports but not fluent in it. Is there a chance for my survival and prosperity!! ?