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Registered Representative Magazine
November, 2000

Gone Hunting

Online Employment site matches brokers with firms.

"It's like a dating service," says Jeff Testerman in explaining BROKERHUNTER.com, his online employment site that matches brokers with firms.

BrokerHunter.com allows reps looking for new positions to post their credentials, such as gross production, assets and registrations. Confidentiality is protected because brokers don't provide their name, phone number or the name of their current employer.

If a party is interested, that rep receives an e-mail noting the person wants to talk. The broker can then release his contact information by e-mail.

There are about 1,500 candidates on the free site. Collectively, they control $8 billion in assets and generate $100 million in production, Testerman says.

If a rep is hired, BrokerHunter earns 3% of the broker's trailing 12-month production; 10% on salaried employees. Check www.brokerhunter.com for more information.

- Rick Weinberg.

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