600k producer left in western mass, went to citizens bank, not sure of the thinking there?

Citizens bank is absolute garbage.  The fc program is trash, the products are trash, the bank products are trash, and the midlevel mgmt is trash.<?:namespace prefix = o ns = "urn:schemas-microsoft-com:office:office" />

agree 100%

according to thier pitch its nirvana over there. Branch people comped on qualified referrals, shadow accounting for new assetts to investments helps managers meet goals and this new guy Millard is focused on fee business. What am I missing? What stinks?

Personal experience.

I just ran out to the local B. of A. branch to made my SEP contribution. Even though I asked for the Investment advisor the gatekeeper made me wait for the personal banker. I tried to determine when the advisor would be around. Personal Banker says "not very often, just call customer service".

Even though this is not my primary financial institution and my reasons for having my SEP there at all is a very long story; there was no attempt to determine any of my banking or investment needs. Seems like he pulled up my SS and decided there was nothing worth while there.

At least if I spoke with the broker, as a trained sales person he should determine if there were any other assets to obtain. We are in the process of selling our home; still deciding about a mortgage or not.

Just wanted to share this experience for you younger brokers who may be missing opportunities.

And no the personal banker had no interest in referring me to the broker.

The above experience is why no one at BOA gets referrals.

There is no incentive for bankers to give referrals!

[quote=Biasedrecruiter]

Personal experience.

I just ran out to the local B. of A. branch to made my SEP contribution. Even though I asked for the Investment advisor the gatekeeper made me wait for the personal banker. I tried to determine when the advisor would be around. Personal Banker says "not very often, just call customer service".

Even though this is not my primary financial institution and my reasons for having my SEP there at all is a very long story; there was no attempt to determine any of my banking or investment needs. Seems like he pulled up my SS and decided there was nothing worth while there.

At least if I spoke with the broker, as a trained sales person he should determine if there were any other assets to obtain. We are in the process of selling our home; still deciding about a mortgage or not.

Just wanted to share this experience for you younger brokers who may be missing opportunities.

And no the personal banker had no interest in referring me to the broker.

This place is horrible. If you’re being recruited for this place, don’t even bother.

too late, heading over today.

wish me luck.

Badmove? Feel free to PM me for feedback. It sounds like you’re looking in my area.

I’m sorry for you. You must be desperate.

ez$ -

Is it a privilege or a curse to know what is best for everyone else?

Yes well the priviledge is in knowig my past experience with BAC.

ez,

RAISED 11 MIL IN THE LAST 13 MOS, YOU TELL ME AM I DESPERATE?

I'LL LET YOU KNOW HOW I MAKE OUT

good luck bad move your name says it all

I raised that much in the last 12 mths also, however things are much different here now.

Things have changed at B of A! Ask your manager about KYCs and the process of approving and opening accounts!

The worst move you can make is to go to b of a!

whats a KYC?

oh man your really in trouble

KYC is know your customer - it is a big PIA for corporate accounts.  You don't have to worry for ordinary accounts.  I've only had to do it twice and my SA did most of it...

Individual investor accounts are all done online and the principal approves online - the biggest issue is knowing the source of funds.  Keep your gross over $300 and the SA will do it all...