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then take a shot as a broker. Most of their comp comes from bonuses, base salaries are often very low. The flip side is that if you don't do well early, they won't hesitate to cut you, but that's life as a broker. Since you spent time at JPM, you know that the real money comes from being a trader, not as a stockbroker. That's why the traders with the big boys make a lot of money since you need a lot of cash to trade and most boutiques simply don't have the capital to make money trading. The other thing to consider is that the stockbroker is an outdated position and as the NASDAQ takes more volumes, NYSE converts to more electronic trading, and the futures markets shift away from open-outcry trading there is going to be more and more limited opportunities to make money as a legitimate broker - especially given the pending consolidation in brokerage firms. My two cents, and take it for what it's worth, is that being a stockbroker would have been great in the 80's but there isn't much there these days and be prepared for annual layoffs and declining comp as trading margins continue to erode. Good luck and let me know if you have any questions.
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