Specialists

How does one become a specialist?

and how can one tell which are the reputable firms?

and what is the career path like ... do most do this until they retire/burn out?
 
There are only 7 or 8 firms left that employ specialists, a list can be found on the NYSE website, but considering the job market, even if you have that MBA from Harvard:D , its still going to be tough to get noticed by these guys:( .

Happy hunting,
MUChris
 
nepotism....becoming a floor broker is a better, but not great, possibility without a connection, but not a specialist . besides, you would have to be a clerk (can still make six figures) for 8-10 years before becoming a specialist. who would want to wait that long to trade??? someone posted on this, was in the SLK specialist training program, but i believe he quit and wants to be a prop trader because he didn't want to wait that long, nor did he find it particularly appealing. can probably find it and email him with a search for specialist.
 
wow i didn't know they were so hated here!

I was actually wondering if it was worth going through one of those "training programs" - which pays peanuts btw? Who's good? Who's not? The only major specialist firm i've heard of is SLK, but when i visited NYSE's website, there are ton!
 
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