Product Description
America’s 85,000 brokers can learn how to shape their practices for the future. Tom Dorsey, one of the most energetic and high-profile money managers on Wall Street, has written the ultimate guide for brokers who want to get ahead now and in the coming years. Dorsey draws on his own experience and on the sage advice of other leading brokers to inspire and instruct professionals. He shows brokers how to shape their practices: how to build a strong, enduring client base in light of new competition from the Internet, mutual funds, retail banks, and financial planners; and how to tackle new challenges as the market evolves over the next decade. Wall Street professionals love to read about their own. Tom Dorsey is the perfect inside to extract and translate the knowledge of today’s heavy hitters in the brokerage industry. Advancing the tradition of Jack Schwager’s “Market Wizards” and Peter J. Tanous’s “Investment Gurus,” Dorsey interviews more than a dozen top brokers to offer readers a glimpse of how to succeed in this perpetually changed field. Top rated professionals such as Ed Rosenberg of Paine-Webber; Jim Parrish, director at Morgan Keenan; and Dennis Nelson of Piper Jaffrey reveal what new tools top brokers need to win business in today’s volatile markets. This book combines top-drawer advice and technical tips for brokers on how to position themselves and their business to compete in the coming years. Sound advice on: how brokers can create a niche and position for themselves in the future; where the brokerage business has been and where it’s headed; how discount brokers and the Internet have affected the market; how technical; stock analysis can improve business; how small firms can compete with much bigger houses; how to take advantage of new technology.
Thriving as a Broker in the 21st Century
Popularity: 7% [?]
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In this age of increased competition from on line brokers and do-it yourselfers Tom Dorsey provides you with the tools to compete effectively and confidently. He provides you with ideas on prospecting, building relationships, using technical analysis, and even creating partnerships.If you plan to stay in the brokerage business you should plan to read this book.
Rating: 5 / 5