Ferris,
 That means that next year, WB will pocket about $550,000.00 from your efforts. Congrats.
Wait, who’s the complete moron again?
 As I emparted to your buddy Bobby, go Fuck Yourself.

Ferris,
 That means that next year, WB will pocket about $550,000.00 from your efforts. Congrats.
Wait, who’s the complete moron again?
 As I emparted to your buddy Bobby, go Fuck Yourself.

Shred,
 Insightful that you see my post(s) as bitter. I encourage you to re-read them carefully. Have a great weekend all!

I check in on this post I started months ago just to see the bickering between guys who leave AGE and guys who stay (I am in the latter category).  I am busier looking at sites for investment ideas in this lousy market than justifying what I did after the merger.  Keep it up, it’s very entertaining!

[quote=Gordon Gekko]I check in on this post I started months ago just to see the bickering between guys who leave AGE and guys who stay (I am in the latter category).  I am busier looking at sites for investment ideas in this lousy market than justifying what I did after the merger.  Keep it up, it’s very entertaining![/quote]

“Looking at sites for investment ideas”… What?!?

This statement sounds wrong in so many levels that even the “holier than thou” attitude can’t cloud it.

My guess is you looked around, realized that your options weren’t what you thought they’d be, so you decided to stay put ans shut up. You’re probably justifying WB’s policies… $15 ticket charge isn’t that high with the dollar where it is…

You guessed wrong, Holmes! Keep guessing, it adds to the enterainment value. My point was this exercise in futility is pretty amusing.

[quote=Gordon Gekko]You guessed wrong, Holmes! Keep guessing, it adds to the enterainment value. My point was this exercise in futility is pretty amusing. [/quote]

Thanks for your futile comments.

Et tu, Brute! Try worrying about your clients instead of yourself.

The topic when it started was how will you invest your retention cash. Most of the posts have nothing to do with my intended topic. That's cool!

Makes you wonder how many AGE brokers invested the retention bonus (very near the market high) and are now in a difficult position of having to make up the difference out of pocket to achieve the "freedom" of moving elsewhere.

[quote=Bluetang]

Makes you wonder how many AGE brokers invested the retention bonus (very near the market high) and are now in a difficult position of having to make up the difference out of pocket to achieve the “freedom” of moving elsewhere.

[quote=nestegg] [quote=Bluetang]

Makes you wonder how many AGE brokers invested the retention bonus (very near the market high) and are now in a difficult position of having to make up the difference out of pocket to achieve the "freedom" of moving elsewhere.

Probably more than 700 if you consider they are still adding trainees

[quote=Ferris Bueller]That number is pretty close to accurate. But I think most of the people have already jumped, not waiting for the bonus & 401K amount. With all the 150% T12 deals floating last year, waiting for the bonus would just have been dumb.[/quote]
That was my point!

Most probably tossed it into Municipal Auction Rates if they practiced what they preach. Now they’re stuck

[quote=Brokermike99]Most probably tossed it into Municipal Auction Rates if they practiced what they preach. Now they’re stuck[/quote]
I put some there…making 7% tax free right now isnt making me cry any!

I thought bonus money hit at the end of the week. Is that not right?

For reasons referenced earlier and a couple more, I’d guess that the broker exodus will run at a slow trickle until (1) the market firms considerably from the current level and (2) Wachovia makes a comp change or two to improve their bottom line at the expense of advisors.  If both those things happen, I’d expect the exodus to pick up considerably.  There’s nothing like a rough patch in the market to keep people in place.  Move now and you’ll spook a lot of the accounts you hope to take with you.

Has anyone heard anything else about letting AGE go to FiNet before Sping of 2009?  And if so will we still get to accept a retention package??  I have been offered a chance to go work for someone once they are allowed to go to FiNet so I just wanted to see what was being said out there.  Would it be correct to assume that this advisor has already had to have received a check from WB or are AGE brokers being given the option of not taking the check?  Thanks. 

[quote=radionowhere]Has anyone heard anything else about letting AGE go to FiNet before Sping of 2009?  And if so will we still get to accept a retention package??  I have been offered a chance to go work for someone once they are allowed to go to FiNet so I just wanted to see what was being said out there.  Would it be correct to assume that this advisor has already had to have received a check from WB or are AGE brokers being given the option of not taking the check?  Thanks.  [/quote]
You had to make your decision in OCT as to how to take your retention, if you didnt choose lump sum, than you are getting it in installments beginning this month