Stockbroker Jobs, Stockbroker Employment - Frequently Asked Questions

I already know a few managers. Why should I use www.stockbrokerbidding.com?

The chances are good that if you initiate a move the manager will not be inclined to make the best possible offer. If Stockbrokerbidding initiates the contact, the manager will tend to believe the very best offer is the only way you can be persuaded to join them. By using stockbrokerbidding.com, firms know they are competing for your services.

This is not a good time in the market. Should I move now?
Don't let the market be the issue. The relevant issues are your personal objectives, the care of your clients and the needs of the hiring firm.

What kind of deals are being offered now? What about my deferred comp?
For brokers who meet certain asset and production criteria, the deals are better than ever be prepared to make a longer-term commitment than in the past. Part of the reason for the increase in the bonus structure is to compensate as much as possible any unvested comp.

I don't want to move to another Wirehouse. Do you work with other firms?
I also work with Regional Firms, Investment Banks, Commercial Banks, Boutique Firms and Independent Broker-Dealers. Depending on production, you may be able to open your own satellite office (OSJ).

I want to move but I need to know the best way to approach my clients. I've heard stories about TRO's and other barriers to making a move. How do I handle those situations?
Every firm will provide you with all you need to make a smooth transition with your book intact. Both the branch manager and legal counsel of the hiring firm will advise you in every aspect of moving your book. They leave nothing to chance. As for restraining orders, most major firms have agreed not to take legal action against departing brokers.

The Following information will remain confidential and will not be released to our participating broker dealers.

Name:

Address:

Phone Number:

Cell Phone Number:

Email:

The Following information will be disclosed to our participating broker dealers.

Are you currently registered with a firm?:

How many years have you been in the business?:

Are you insurance licensed?:

Do you sell annuities? If yes what selling agreements might you need in place?:

Do you work for a large, medium or small firm?:

Are looking to move with a group?

Are you looking to start an OSJ?:

Do you work in a branch or an office?:

What states are you currently registered in?:

Do you have any foreign accounts?:

If yes what countries?:

What state and city are you looking to work in?:

Do you have any "yes" answers on your license?:

Do you have any pending customer complaints or arbitration?:

Do you have any pending inquiries from any state or regulatory agencies?:

What is current money line?:

What is your current % of product mix? (Equities, Fixed Income, Options, Mutual Funds, Annuities, Other?):

Would you consider yourself a:

"Position Broker" "Transactional Broker" "Portfolio Manager"
"Institutional Broker" "None of the Above"

Your 3 largest customers equal what % of your money-line?:

Your 3 largest commission customers equals what % of your commissions?:

What were your gross commissions in the last 30 days?:

What were your gross commissions in the last 90 days?:

What were your gross commissions in the last 12 months?:

What is your current payout?:

What is your current ticket charges?:

What is your current miscelleaneous monthly charges?:

Are you looking for a W2 or a 1099?:

Are you looking for a small, medium, or large firm?:

Are looking for a national, regional or local broker dealer?:

What % payout are you looking for?:

Are you looking for upfront advances or draws?:

Are you willing to sign a contract?:

Are you looking for a specific clearing firm?:

Are you looking for an investment banking department?:

And we'll get right back to you with a match for the best possible firm.