BrokerHunter

Search Jobs | Post Profile/Resume | About Firms | Login | Home

InvestmentNews
March 5, 2001

E-headhunter going for brokers

One website that helps brokers and other financial professionals find jobs has exploded - in the positive sense.

BrokerHunter.com "is not a dot-bomb," insists its founder and head, Steven Testerman.

The brokers listed with BrokerHunter.com have 50.8 billion in assets under control, up from about $5 billion last summer, he says. The site is a little more than 10 months old.

The Atlanta-based firm has about 9,000 financial professionals - half of them brokers-interested in finding work, says Mr. Testerman. The others include sales assistants, analysts and investment bankers.

The site's fees undercut in-the-flesh headhunters by about half, says Mr. Testerman. For example, if a firm hires a broker, it pays Mr. Testerman 3% of the broker's prior 12 months' commission or a minimum of $2,500.

The typical recruiting fee is close to 6%, says Mr. Testerman, who worked both in the computer industry and in the brokerage business before getting the idea for his e-business two years ago.

While declining to reveal its revenue or profits, he says that the business has made money from Day One. Is he speaking to investment bankers about going public? "Not in this market," he responds.

BrokerHunter.com Awards and Recognition

BrokerHunter Facts: BrokerHunter.com is an employment website for jobs within the Securities Industry segment of the Financial Services Industry.

In summary, this is the place for you to find employment, jobs, careers, opportunities, new jobs, permanent jobs, job placement information or a new position within the Securities Industry segment of the Financial Services Industry.

Stockbroker mailing list, Stock broker marketing list, financial advisor lists, stockbroker recruiting lists, stockbroker recruiting leads, Life & health recruitin g lists, series 7 recruiting, series 7 recruiting leads, series 7 mail lists, financial advisor recruiting, financial advisor recruiting leads, financial advisor recruiting lists, stock broker recruiting, stockbroker recruiting, series 6 recruiting, insurance recruiting leads, broker recruiting leads, broker lists, securities industry recruiting, securities industry recruiting leads, securities industry candidates. Registrations within the Securities Industry that are important to firms are the Series 7 (General Securities Representative), Series 6 (Investment Company/Variable Contracts Representative), Series 55 (Equity Trader), Series 27, Series 28 (Financial and Operations Principal), Series 63, Series 65 (Registered Investment Advisor), Series 66, Series 3 (Commodities/Futures), Series 24 (General Securities Principal), Series 8 (General Securities Sales Manager), Series 9 (Options Supervisor) and licenses or designations such as Certified Financial Planner - CFP or ChFC , Life Accident and Health Insurance and variable annuity licenses, CPA (Certified Public Accountant), CLU (Certified Life Underwriter) and CMFC (Certified Mutual Fund Counselor). Some of these registrations are administered by the NASD (National Association of Securities Dealers),the NYSE (New York Stock Exchange) or other agencies or entities. Stockbroker mailing list, Stock broker marketing list, financial advisor lists, stockbroker recruiting lists, stockbroker recruiting leads, Life & health recruiting lists, series 7 recruiting, series 7 recruiting leads, series 7 mail lists, financial advisor recruiting, financial advisor recruiting leads, financial advisor recruiting lists, stock broker recruiting, stockbroker recruiting, series 6 recruiting, insurance recruiting leads, broker recruiting leads, broker lists, securities industry recruiting, securities industry recruiting leads, securities industry candidates.