{ "media_type": "text", "post_content": "So I am thinking of hiring some cold callers to call and generate leads for me. Anyone do this too, and care to share you experience?", "post_id": "5a3d8b83efb4eb7772ff6432", "reply_count": 4, "vote_count": 4, "bowl_id": "599feb177c057d0010be0554", "bowl_name": "Financial Advisors", "feed_type": "crowd" }

So I am thinking of hiring some cold callers to call and generate leads for me. Anyone do this too, and care to share you experience?

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I have a cold caller who has been with me for about 3 months now. I pay him $10 an hour plus performance bonuses based on calls made, cold call questionaaires he completes and appointments that he sets. He works about 35 hours a week. He calls through a phone tracking system so I can tell if his numbers are bullshit. I end up paying him about $2,400 a month when it is all said and done. Of course in the past two months of calling a particular defense contractor he has opened up 148 new prospects for me. I have met with about 30 of them and am in the process of opening several large AUM cases. I figure in 6 months the production that comes from him will be at least self sustaining if not increasing my net revenue.

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Wealth Mngt. ADV 1 : where are you pulling list to call from? How'd you end up with a defense contractor? Is he calling w script and just telling what your firm does, or something else? Thanks, J

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My friend does this. He pays a 35,000 salary w benefits

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