In one fell swoop Citi has announced a plan to phase out paying its advisors' comisions and trails by 2011. Citi wants its best advisors to join into large teams of 7-10 FA's and organize as quasi RIA's only offering fee based products. As an advisor with 95% of my clients in traditional brokerage relationships which pay trails I am concerned with the idea of reinventing myself and loosing more than 200K in gross from trails on funds and annuities. I have trailing 12's of over 500K and have other options.The idea of joining a team sounds terrible. Citi wants us to change our business model dramatically and at the same time comingle our businesses to make it harder for anyone to leave. Seems like you would have to be pretty stupid to do this to yourself. Its grand theft and shamefull that Citi is doing this to the advisors that have put on their game faces and gone to work during its time of need.