Skip navigation

AGE/WB Vrs. UBS

or Register to post new content in the forum

38 RepliesJump to last post

 

Comments

  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
Dec 18, 2007 4:12 pm
joedabrkr:

Hey how about if the two of you try to restrict your little food fight to just one or two threads instead of littering up the whole board?

Really CJ…is it necessary to find every single one of a-man’s posts and respond to them?  Don’t you have something better to do with your time?  (or not?)

  Since this forum was reconfigured I've been on one more day than you.  I have 279 posts since Dec 4, 2004   in the same time frame you have how many??????? 4422   Another fine example of the pot calling the kettle black????
Dec 18, 2007 4:21 pm
compliancejerk:

[quote=joedabrkr]Hey how about if the two of you try to restrict your little food fight to just one or two threads instead of littering up the whole board?

Really CJ…is it necessary to find every single one of a-man’s posts and respond to them?  Don’t you have something better to do with your time?  (or not?)

  Since this forum was reconfigured I've been on one more day than you.  I have 279 posts since Dec 4, 2004   in the same time frame you have how many??????? 4422   Another fine example of the pot calling the kettle black????[/quote]   This is not worth it. Compliancejerk you win. This is now a total waste of everyones time.
Dec 18, 2007 4:29 pm
compliancejerk:

[quote=joedabrkr]Hey how about if the two of you try to restrict your little food fight to just one or two threads instead of littering up the whole board?

Really CJ…is it necessary to find every single one of a-man’s posts and respond to them?  Don’t you have something better to do with your time?  (or not?)

  Since this forum was reconfigured I've been on one more day than you.  I have 279 posts since Dec 4, 2004   in the same time frame you have how many??????? 4422   Another fine example of the pot calling the kettle black????[/quote]

I'm not trying to call any kettles black.  Just suggesting that maybe the two of you need to give it a rest.  This is not about me, and I'm not going to get caught up in your silliness.
Dec 18, 2007 4:37 pm

asking/telling me if I don't have anything better to do.  Presently I have some downtime with the kiddies so no I don't have anything better to otherwise I'd be doing it....'d'oh

Dec 18, 2007 6:57 pm

Just a thought, but why don’t you take those kiddies somewhere fun?  Take them out for pizza.  Take them to MCDs and let them play.  I’ll bet they’d enjoy that a whole lot more than watching you hunt and peck all day long. 

Dec 18, 2007 7:29 pm

[quote=compliancejerk]

asking/telling me if I don’t have anything better to do.  Presently I have some downtime with the kiddies so no I don’t have anything better to otherwise I’d be doing it…'d’oh

[/quote]

You’re pretty defensive about my asking if you had anything better to do with your time…hmmmmm…
Dec 19, 2007 12:09 am
Spaceman Spiff:

Just a thought, but why don’t you take those kiddies somewhere fun?  Take them out for pizza.  Take them to MCDs and let them play.  I’ll bet they’d enjoy that a whole lot more than watching you hunt and peck all day long. 

  gee whiz, now why didn't I think of that???? Usually when the kiddies are a sneezing and a wheezin' (no to mention a sprayin') I'm sure they're spreading and pickin' up more germs etc.  If I need help with the kids I will not ask you for advice space bucket.
Dec 19, 2007 1:58 am

this is worthless

Dec 19, 2007 2:11 am
bonnie:

this is worthless

  LOL!! seems that way sometimes. You are not going to have to repaper accounts. When we combined with Prudential they DID NOT have to repaper. Only the ongoing Books and Records.
Dec 19, 2007 2:59 pm

Compliancejerk - stop.  Breathe.  Get a babysitter and get out for a break or something.  You sound like you need it. 

At the very least, WE could certainly use a break from your inane and childish taunting and instigating.  Bash EDJ if you like - who cares? - but stop the attacks already.  It’s beneath you.


Dec 19, 2007 3:31 pm

Could compliancejerk be Bobby Hull’s little brother?

  He's not nearly as witty or entertaining, but he's definitely just as annoying.
Dec 19, 2007 11:58 pm
bonnie:

I have been doing some due diligence over the past 6 months.  I have narrowed my decsision between staying at AGE/WB or moving my practice to UBS.  Since we have to repaper our clients anyway, I figured that I might as well make sure I am at the right firm for my clients.  What has impressed me about UBS is that is their available money manager list as well as their alternative investment options are a significant cut above Wachovia’s platform.  I also like the fact that UBS is a true brokerage form instead of a bank.  However, what impresses me about wachovia is their branch locations that could make it easier for my clients to deposit and withdrawal from their account.  On the other hand, I just do not see a client depositing a significant check at a bank clerk (I could be wrong about this).  Any thoughts from the community on this decisions would be most appreciated.

I attended a WS/AGE conf recently and you WILL NOT repaper accts.  I will also say that after seeing WS's alternative investment options, it is just as robust as UBS. UBS= U'll be sorry.  They are a Swiss bank that does not have a real commitment to the USA. I might even wager that in 2-3 yrs they sell the US brokerage arm. 
Dec 20, 2007 12:27 am

[quote=Borker Boy]Could compliancejerk be Bobby Hull’s little brother?

  He's not nearly as witty or entertaining, but he's definitely just as annoying.[/quote]

Yep but you can't really afford to be Picky when it comes to choosing your trolls.  You just have take them as they come.
Dec 20, 2007 2:26 am

As a AGE Mgr., I can assure you we will not need to re-paper our accounts. I agree that you should stick around to see what the new firm is going to look like. The $$$ will still be there next year…

Dec 23, 2007 9:38 pm

My question would be since you are considering moving have you looked at going Indy?  Since UBS has had some major writedowns I wouldn’t feel too  comfortable working there but that’s just me.  If you feel you need the name brand to get clients go for it, if not Indy might be a solid option.

Dec 23, 2007 9:47 pm

[quote=DodgerDraftpick]My question would be since you are considering moving have you looked at going Indy?  Since UBS has had some major writedowns I wouldn’t feel too  comfortable working there but that’s just me.  If you feel you need the name brand to get clients go for it, if not Indy might be a solid option.[/quote]

I can think of plenty of reasons not to work at UBS, but I fail to see how the writedowns are relevant to a retail financial advisor.  Care to elaborate?

Dec 28, 2007 11:46 pm

Well for starters I know that the CEO of UBS when they had their first wave of writedowns reassured all the advisors that there would’t be anymore coming.  And what happens another 20 bilion in writedowns.  The advisor that told me this wasn’t very happy with this latest round of writedowns and this  will make him  seriously consider going Indy.  I also don’t think that the shareholders of UBS are going to be very pleased with all those writedowns.  It would seem like it will just put more pressure on the firm to make up more revenue whether it is pushing more proprietary product or putting pressure on advisors to produce more gross no matter what.  Just my thoughts on the subject.

Dec 29, 2007 1:35 am

[quote=DodgerDraftpick]Well for starters I know that the CEO of UBS when they had their first wave of writedowns reassured all the advisors that there would’t be anymore coming.  And what happens another 20 bilion in writedowns.  The advisor that told me this wasn’t very happy with this latest round of writedowns and this  will make him  seriously consider going Indy.  I also don’t think that the shareholders of UBS are going to be very pleased with all those writedowns.  It would seem like it will just put more pressure on the firm to make up more revenue whether it is pushing more proprietary product or putting pressure on advisors to produce more gross no matter what.  Just my thoughts on the subject.[/quote]

You make some good points.  It might also cause them to become super conservative in managing risk, which can be tough on the retail advisors.