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Join Date: Dec 2004
Location: san jose
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first investors
Anyone know anything about First Investors as a place for someone right out of college to work at. What do they do? etc.
http://www.firstinvestors.com/# Last edited by stevepaa; 02-22-2007 at 08:15 AM.. |
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02-21-2007, 09:54 PM
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Registered
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Location: san jose
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one bump. anyone?
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steve old rocket inguneer |
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02-22-2007, 08:18 AM
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Cars & Coffee Killer
Join Date: Sep 2004
Location: State of Failure
Posts: 32,246
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Never heard of them.
I was a finance/computer programming double major in college. I was faced with the decision of going to a financial services company as a broker/salesperson or going to an IT shop and becoming a code monkey. I chose code monkey. I'm not familiar witht this specific company, but the general model in these operations that they have a high turnover rate. They recruit dozens (if not hundreds) of college graduates every year. They are put to work in a high-pressure sales environment. Compensation is generally 100% commission and most people quit in their first year. If you can persevere for 3-5 years and build a book of business, you stand to make a LOT of money. I'm not bashing this type of operation, it just wasn't for me.
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Some Porsches long ago...then a wankle... 5 liters of VVT fury now -Chris "There is freedom in risk, just as there is oppression in security." |
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02-22-2007, 08:29 AM
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Registered
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thanks, I was thinking the same.
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steve old rocket inguneer |
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02-22-2007, 08:34 AM
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Cars & Coffee Killer
Join Date: Sep 2004
Location: State of Failure
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Just to clarify, this is how the big guys like A.G. Edwards and Merryl Lynch work too.
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Some Porsches long ago...then a wankle... 5 liters of VVT fury now -Chris "There is freedom in risk, just as there is oppression in security." |
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02-22-2007, 08:50 AM
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Location: I'm out there.
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My wife worked for First Investors when we lived in New York. It's a pretty big company but she was treated well. That was 15+ years ago. Things may have changed.
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My work here is nearly finished.
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02-22-2007, 09:14 AM
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Former Options Trader !!!
Join Date: Feb 2003
Location: Bucks County PA
Posts: 6,757
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Looks like a cold calling chop shop to me. Edwards and Mer are a different animal
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02-22-2007, 09:52 AM
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Cars & Coffee Killer
Join Date: Sep 2004
Location: State of Failure
Posts: 32,246
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A friend of mine who was a few years older than me got a job for what at the time was Dean Witter. He said in your first year, you pretty much exclusively did cold calling and walk-ins. If you could "prove" yourself, you might start getting business from other brokers as they retired/left the company.
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Some Porsches long ago...then a wankle... 5 liters of VVT fury now -Chris "There is freedom in risk, just as there is oppression in security." |
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02-22-2007, 10:20 AM
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Could you tell them to quit calling me please?
Jim
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down to jap bikes that run and a dead Norton |
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02-22-2007, 04:52 PM
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Dept store Quartermaster
Join Date: Jul 2001
Location: I'm right here Tati
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Boiler Room?
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Cornpoppin' Pony Soldier |
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02-22-2007, 04:54 PM
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the stable a few years ago
2013 
