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If you've worked as a broker you know the game. The house sets quotas. You must meet the quotas or its good-bye.
As a broker, your first and foremost obligation is to the client. You can make recommendations, but in the last analysis, the decision to buy or sell a security rests with the client. Brokers, however, are often under the gun by management to tout certain securities to their clients that may not be in their best interests.
Even in the best of financial times, living within your means can be a challenge. When economies contract, as we are experiencing now, things become even tougher as spendable cash becomes more scarce. From the offices of banks and investment firms, right on down to the worker who wipes tables at your favorite corner diner, people across the country are feeling the effects of economic slowdown. Some of the people most deeply affected are those who make a substantial part of their income as a percentage of sales. As the amount of cash flow dwindles, so shrink the incomes based on commissions and tips at the point of sale.Continue reading The Payday Pinch -- Cutting at the grass roots
| # | Blogger | Posts | Cmts |
|---|---|---|---|
| 1 | Joseph Lazzaro | 117 | 0 |
| 2 | Tom Johansmeyer | 104 | 0 |
| 3 | Steven Mallas | 53 | 0 |
| 4 | Tom Taulli | 48 | 0 |
| 5 | Connie Madon | 48 | 0 |
| 6 | Mark Fightmaster | 37 | 0 |
| 7 | Steven Halpern | 37 | 0 |
| 8 | Trey Thoelcke | 35 | 0 |
| 9 | Paul Foster | 25 | 0 |
| 10 | Zac Bissonnette | 25 | 0 |
| 11 | Brian White | 24 | 0 |
| 12 | Brent Archer | 23 | 0 |
| 13 | Jim Cramer | 22 | 0 |
| 14 | Melly Alazraki | 22 | 0 |
| 15 | Jon Ogg | 22 | 0 |
| 16 | Eric Buscemi | 18 | 0 |
| 17 | Michael Fowlkes | 15 | 0 |
| 18 | Michael Shulman | 13 | 0 |
| 19 | Elizabeth Harrow | 12 | 0 |
| 20 | David Schepp | 9 | 0 |
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