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Retention....please do not hijack

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Dec 5, 2008 2:11 pm

Thank heavens, this is no longer AG Edwards and the name should not be associated with it.

Dec 5, 2008 2:39 pm
shredder:

[quote=Herman Munster]Wells Fargo Advisors - There’s a shocker - How original

Beats Wachovia Securities...and yes, I too say AG Edwards.  Clients might as well have one constant.[/quote]   Hey Shred, a little off the thread topic, but do you guys at AGE still have the Point Shop stuff that we used to get for opening new accounts, hitting production numbers, etc?  Has that gone away with the WB/WFC changes?  We don't have anything like that at RJ.  I really miss it.  Point Shop gift cards bought Christmas for us for the last 5 years or so!!
Dec 5, 2008 4:17 pm

The Point Shop is closing its doors at the end of this month.  We were told earlier in the year to use the points or lose them.  I treated myself to a nice set of Bose headphones, a Bose wave radio, and some other goodies.  Hated to see the Points Shop go, but wasn't surprised.

Dec 5, 2008 5:16 pm

[quote=eggward]

The Point Shop is closing its doors at the end of this month.  We were told earlier in the year to use the points or lose them.  I treated myself to a nice set of Bose headphones, a Bose wave radio, and some other goodies.  Hated to see the Points Shop go, but wasn't surprised.

[/quote] That's too bad.  Guess that's one of those "best practices...."
Dec 5, 2008 11:53 pm


I agree. Failure to communicate with 14,600 advisors…oops…

.just an oversight.

Dec 6, 2008 3:04 am

Did anyone catch that interview with Ben Edwards in the St. Louis paper? That guy is a class act!

Dec 6, 2008 3:30 am
Gordon Gekko:

For some reason most fcs seem content to stick and wait. Why rush, especially with the Meredith Whitney forced capital raises on the horizon? Has anyone left lately, other than that Sylvia fellow in FLA? Legacy AGE guys?

  Columbia MO office has blown up.   Million dollar producer left and went to Stifel. Branch Manager left the week before he did and went to Hillard Lyons.   Open manager position if anyone wants it. 
Dec 6, 2008 3:55 am
Gordon Gekko:

Did anyone catch that interview with Ben Edwards in the St. Louis paper? That guy is a class act!

  Yeah,  I had somebody forward it to me.  Somebody should paste a link if they can find it. I have met him on more then 20 occassions, and I can tell you he is the real deal. 
Dec 6, 2008 4:18 am

[quote=Gordon Gekko]Did anyone catch that interview with Ben Edwards in the St. Louis paper? That guy is a class act![/quote]

A new article? When was this? Link?

Dec 6, 2008 1:26 pm

http://stlouis.bizjournals.com/stlouis/stories/2008/12/08/story1.html?b=1228712400%5e1742967&page=1     <?: prefix = o ns = "urn:schemas-microsoft-com:office:office" />

Dec 6, 2008 1:29 pm

RJ picked up a couple more WS FA’s yesterday.

Dec 6, 2008 2:26 pm
Fortune1:

RJ picked up a couple more WS FA’s yesterday.

What area?
Dec 6, 2008 2:45 pm

Somewhere in Illinois

Dec 6, 2008 8:11 pm

I think the email said Indiana.

Dec 6, 2008 10:03 pm

You are probably right.  Il., In. pretty the same anyway.

Dec 6, 2008 10:55 pm
Fortune1:

RJ picked up a couple more WS FA’s yesterday.

  looks like Stifel and RJ are getting all the "scale and scope" from the WS/AGE merger...
Dec 7, 2008 1:50 am
Exigent:

Where did the FA go?

  Dunno.
Dec 7, 2008 10:38 pm

great interview with Ben Edwards.  Wachovia Securities, once upon a time, was a classy firm to be associated with.  what a shame.

Dec 9, 2008 12:03 pm

I really hope the WFS retention deal is strong, or else there is going to be a FLOOD of AGE guys on the market.  Law of Supply/Demand says that won't be helpful for upfront packages.

Dec 9, 2008 1:59 pm

I think this indicative of what we are in for at WFC and also shows the lack of power that Danny boy has. I am tired of being jerked around. I have been at WS for almost 10 years and I am days from taking a big check to leave. I think it is time to go.