Producing Manager

8 replies [Last post]
frumhere's picture
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Joined: 2005-02-22

Does anyone have any input on being a producing manager?

BrokerRecruit's picture
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Joined: 2005-04-19

What area?

moneyadvisor's picture
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Joined: 2005-08-02

Ahhhhhh......., let's see....do I really want to collect $100,000 or more in salary.......on top of my production......I don't know.

rightway's picture
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Joined: 2004-12-02

I was a producing manager, and if I do it again please kill me.

Help's picture
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Joined: 2005-07-30

Moneyadvisor,
I know not all producing managers get $100,000 plus their production.  Some firms won't allow producing managers and other pay their managers crap and they keep all of their production.

Starka's picture
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Joined: 2004-11-30

rightway wrote:I was a producing manager, and if I do it again please kill me.
Amen to that, RightWay!
I've been an offsite as well as onsite OSJ, and I don't care for a repeat of either experience.

moneyadvisor's picture
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Joined: 2005-08-02

Help - I am no expert on Management.....I guess there are probably some gigs that are better than others. I'm sure it depends on the company, and actual title. We have 2 Resident managers for 2 different offices locally, who clip a hundy plus production, ....and they are managing established 20 year vets....not a bad deal.

frumhere's picture
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Joined: 2005-02-22

SE--Morgan Stanley

jones-sniper's picture
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Joined: 2005-04-05

I was at Jones for 5 years in good standing. A guy I doorknocked  was a CEO of a credit union. He offered me the job after I kept going back to his house. I negotiated a salary between 70k & 90k, total health care and dental for entire family. Phone and postage as well. I fired their broker/dealer after interviewing three others. I currently use SIGMA. Currently earn salary, commissions/management fees and a piece of the other brokers commissions. It's agreat situation. I literally thank the Lord everyday. 'Jones was a great training ground but I never drank the Kool Aid. Amen.

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