Chris Haroun explains what entry-level Wall Street jobs actually involve, debunking The Wolf of Wall Street. Connector positions require 500+ cold calls daily to link clients with senior bankers. At Goldman Sachs, he had two days to study for the Series 7 exam, a test covering an MBA's worth of finance material.
You are lower than pond scum. You got a problem with that Jordan? No. Good. Because that is what you are. Pond scum.
I love this guy. This is Spiro from billions. The reality is you're not treated like that anymore. When you first start these firms, there's too many lawyers around.
Your job is connector, which means that you will be dialing the phone over 500 times a day trying to connect me with wealthy business owners. And until you pass your series seven, that is all you're gonn you doing. Sit.
Series seven is an exam you have to take if you want to be a broker dealer and talk to clients. When I worked at Goldman Sachs, they gave me two days to study for it. It's basically a review of the first year of MBA finance stuff.
Smile and dial and don't pick up your head until one
Back in the old days with Japanese brokerage firms, they used to actually tape a phone to your hand and it would stay in your hand all day with the cord. Obviously in the old days until you got lots of customers.