[quote=FawnLiebowitz]

Hey premier, you sure spend a lot of time at your home office. You are either management or full of sh*t. So far the only person that has been right is me, and that is you guys are getting screwed !!!

[quote=A b][quote=FawnLiebowitz]

[quote=LegacyWellsFargo]The tests are small groups because they are measuring the response before they go national. Calculating the fallout. Or," Acceptable attrition"[/quote]

You can always take a deal later on and pay off this thing. I think a 200 or 300% deal would easily take care of the payback problem.

Hey premier, you sure spend a lot of time at your home office. You are either management or full of sh*t. So far the only person that has been right is me, and that is you guys are getting screwed !!!

[quote=FawnLiebowitz][quote=A b][quote=FawnLiebowitz]

I have to give it to you BP: I’ve read these posts for months and you have been the mostly singularly consistent loser I’ve ever seen on here-or anywhere else for that matter.



You moved on yet you don’t seem to be able to let it go with what’s going on at your old firm. Are you REALLY spending this much of your time fawning over “what could have been” back at WFA? YOU LEFT, SO LEAVE THIS THREAD.



Move the F on; stop posting; leave those of us alone that are trying to get an actual read for what goes on here and what we should expect. Your constant and unbelievably annoying posts only causes 5 other useless posts, trashing whatever bile you’re spewing. Considering HOW WRONG you were from day one–and how vocal–on the whole retention issue, it is amazing you even have the (little tiny) balls to come here EVERY G.D. DAY, TIME AND TIME AGAIN, DAY IN DAY OUT…constantly whining “I don’ know why you guys are pickin’ on me!!”. Amazing.



Please … let us be…i don’t need to read 100 more “BP is an A-hole” posts before this 4 front issue is settled.

No communication, no accountability = no confidence.  I’ve stopped counting how many different stories I’ve gotten from envision, national sales, premiere services, market manager,… we may well get paid but the process has done major damage.  “Home office” idiots posting on this site are only confirming the fact that the firm is clueless.

My buddy over there got his email.  Poor execution and communication, but clearly the program is moving forward.  Let’s see how long it takes to get paid. 

Buckeye, did he get paid on the highlighted envisions? That is the main question everyone wants answered.

[quote=4frontsucks]No communication, no accountability = no confidence.  I’ve stopped counting how many different stories I’ve gotten from envision, national sales, premiere services, market manager,… we may well get paid but the process has done major damage.  “Home office” idiots posting on this site are only confirming the fact that the firm is clueless.
[/quote]

Todays version was that they arent sure when we will get email. They said hopefully before end of week.  I told the home office person I spoke with today that this is getting ridiculous and expressed my disatisfaction with the lack of communication in no uncertain terms.

Buckeye, did he get paid on the highlighted envisions? That is the main question everyone wants answered.

Plans were highlighted based on some computer formula that had 30 factors apparently. From what my group figured was that if you did full and complete plans, they weren’t highlighted unless there was some other factor. I did 52 and only 1 was highlighted b/c it was a small business. I did full plans. Whereas I had a colleage do 58 and 15 were flagged. We’ll still get paid on all we submitted. That’s not a question. It’s only when… Nobody has answers. We’ve heard that all loan documentation that is back by Sept 10th, will be paid on the 15th. If they do not have ppwk back by the 10th, you may have to wait until October. But, it sounds like we’ll be paid out on September 15th.



Who knows. And I don’t really care as long as I get it— and there’s no reason to believe we won’t.

I was told the main issue surrounding the plans was the number of plans done in the last week of June.  If you did no plans all year long, and then a whole bunch in the last week or two of June, that sent off a major question mark as to validity of the plans.  This is the reason they instituted the validation process with the managers.  I was told that the highlighted plans only come into play if more than 10%% of your final submission was in question.

Folks,



What did management expect?   Of course, people are going to do a hell of a lot of plans in June. This “validation process” should have been in the rules before they rolled out a backdoor retention. Did they really not foresee this potential problem? ALWAYS CHANGING THE RULES OF THE GAME is a WS tradition.



This is becoming a comedy of errors with all the cliched corporate buzzwords in play. Our National Sales guy changes his story daily. This “looter” (a WFC employee with no production) should apply for Robert Gibbs job in the Obama administration!



Still waiting and starting to believe that BP has some validity…although I still despise his negativity.

[quote=BigSturch]Plans were highlighted based on some computer formula that had 30 factors apparently. From what my group figured was that if you did full and complete plans, they weren’t highlighted unless there was some other factor. I did 52 and only 1 was highlighted b/c it was a small business. I did full plans. Whereas I had a colleage do 58 and 15 were flagged. We’ll still get paid on all we submitted. That’s not a question. It’s only when… Nobody has answers. We’ve heard that all loan documentation that is back by Sept 10th, will be paid on the 15th. If they do not have ppwk back by the 10th, you may have to wait until October. But, it sounds like we’ll be paid out on September 15th.



Who knows. And I don’t really care as long as I get it— and there’s no reason to believe we won’t. [/quote]

Well they better get the damn email to everyone tomorrow. Im pretty sure everyone wants to get paid by Sept 15th. We were promised that and we expect nothing less than that.

This “looter”
************************************
LMAO on that one. Love the name. They are frigging looters from WFC!!! Got looters from wealth and trust showing up regularly now.

A Merrill Lynch spokeswoman confirmed that Bank of America’s package had been offered to the firm’s

brokers. A spokesman for Bank of America confirmed that the bank had offered a retention bonus to its

own brokerage force.

Speculation had mounted in recent weeks over when Bank of America would present a deal to Merrill’s

more than 16,000 brokers after agreeing to acquire it on Sept. 14 for $50 billion.

Under the terms of the deal, financial advisors at Merrill who produce more than $1.75 million are eligible

to receive the full 100% amount in return for staying with the firm for seven years. These brokers will

receive 75% cash up front, with another 25% in deferred cash over three years.

If the brokers leave before seven years, they would need to pay back the bonus.

Brokers who have $1 million to $1.749 million in production can receive up to 100% of their annual

revenue, with 75% cash up front and a 25% growth award.

In addition, financial advisors who produce between $750,000 and $999,000 are eligible to receive up to

75% of their production, with 50% cash upfront and a 25% growth award.

Meanwhile, those who generate $500,000 to $749,000 can receive up to 75% of their production, with

25% cash up front and a 50% growth award.

Those who generate $350,000

We’ve heard that all loan documentation that is back by Sept 10th, will be paid on the 15th. If they do not have ppwk back by the 10th, you may have to wait until October.   

[quote=BigSturch]Plans were highlighted based on some computer formula that had 30 factors apparently. From what my group figured was that if you did full and complete plans, they weren’t highlighted unless there was some other factor. I did 52 and only 1 was highlighted b/c it was a small business. I did full plans. Whereas I had a colleage do 58 and 15 were flagged. We’ll still get paid on all we submitted. That’s not a question. It’s only when… Nobody has answers. We’ve heard that all loan documentation that is back by Sept 10th, will be paid on the 15th. If they do not have ppwk back by the 10th, you may have to wait until October. But, it sounds like we’ll be paid out on September 15th.



Who knows. And I don’t really care as long as I get it— and there’s no reason to believe we won’t. [/quote]
Here we go again… somebody said…I was told…heard that…30 factors…What a crock–.NO communication! Well, I do care when I get paid and the fact that no one is giving the same answer reminds me of the place where we started: Danny: “Yes, there will be retention…” until we bastardize it in the form of second-rate financial planning that we will then scrutinize for less than our highest standards…