Nowadays, can you still become a stockbroker if you get a series 7 license or have things changed too much for that to be a viable and successful career?
Which duo in the Sopranos were stupider?
- Thread starter Dave24
- Start date
Nowadays, can you still become a stockbroker if you get a series 7 license or have things changed too much for that to be a viable and successful career?
AnonymityX1000
Veteran
No that's still totally a career.
Do you only need a 7 series license to become one? I only have a two year degree in Business Management.
AnonymityX1000
Veteran
Yeah as far as I know. But you are going to start at the way bottom without more education. And that entails making like 150-200 cold calls a day. It's really terrible work.
Whips-n-Chains
Chi
someone correct me if I’m wrong but the series 7 is I believe the ethics portion of a set of different tests required to trade on someone’s behalf...
...since the internet age there are less and less brokers since everyone has easy access to online portfolios they can self direct.
there still are stock brokers but less and less on the side of representing retail level investors and they trade on behalf of accredited investors, holding companies, trusts, etc for large banking institutions (JP Morgan et al).
I have a friend that had a broker but he had like $3M in his trading account and was busy with his business so he needed the broker to make the moves.
same friend really invested time into his financial knowledge and is completely self directed now. That broker went on to open up a brewery outside of philly. Lesson is to own your own biz
That's dope. Do you know if you have to be good at math to succeed in that field?
Tryna Makit
High plains drifter
Carmine Jr. Is the perfect example of what Jackie Jr. would have become if everything in life lined up for him ...... he still would be a fukking idiot getting by on nepotism....but he'd be a well respected idiot.
I wonder if that was done on purpose?
MajesticLion
Veteran
I don't doubt it. People at the top of the food chain use their wealth to make loopholes for themselves that let their kids fail upward all the time.
AJ would have been another perfect candidate for that, except that Tony let Carmela have her way and he just became spoiled and directionless.
Whips-n-Chains
Chi
not sure...I trade (far from an expert and I don’t trade on ppl’s behalf) and I’m no math savant...as long as you can pass the tests or have successful trades consistently
beenz
Rap Guerilla
I'm currently in the middle of a sopranos rewatch (3rd time thru the series) and fukking matt and sean were two fukking morons. sean stayed shytting on the floor when pulling jobs with christopher even 
let me drop an extra scene of matt and sean looking retarded.
what's worse, is those two actually passed the series 7 and could be legit stockbrokers in the late 90's when the economy was on
let me drop an extra scene of matt and sean looking retarded.
what's worse, is those two actually passed the series 7 and could be legit stockbrokers in the late 90's when the economy was on
BulletProof
Just a B@stard Living in a Suit
Jackie JR. could have had the world at.his palms if he wasn't trying so hard to live up to his father.
He couldnt handle his shyt even after Tony gave him multiple chances out of loyalty to his father.
He was trying to hard to be a halfway crook.
He couldnt handle his shyt even after Tony gave him multiple chances out of loyalty to his father.
He was trying to hard to be a halfway crook.
AnonymityX1000
Veteran
He wanted to be a wise guy and Richie was schooling him and bringing him along. And one night he just vanishes, that's got to be hard to deal with when you were planning for that to be your future. Tony not letting him was corny and not that smart really. When you look at his crew and others niqqaz was old they needed new blood. Tony was too emotional as a boss.