[quote=badmove?]Brought in 22 mil in 07 (8mm fee based) and 13 mil last year (3mm fees), tuff to do indy.[/quote]


I think your relationship with the truth might be a little strained.

San, u indy?

[quote=whalehunter]San, u indy?[/quote]

Irrelevant.

No it’s not. Indy reps have NO idea what the bank chan is like properly worked!

Whale, you concur w/my numbers?

ok guys. The point is nearly moot. The business you have in the wirehouse, it is established, correct? Why not transfer your established book to an indy and get double the payout? That is what I don’t understand.



Please enlighten me.

AT THIS POINT LESS THAN 50% GOES W/YOU. SOLIDIFY RELATIONSHIP, THROW FIRM UNDER BUS THEN MOVE…TAKES TIME THOUGH

Ok, so I understand that the retention rate of your clients might not be 100%, but 50% seems kind of low. But even if it is 50%, you are making twice as much on the payout, so your net take home pay, hypothetically, could be the same.



And can’t you look at it as an opportunity to weed out the “C” clients and develop your “B” clients into “A” clients?



Also you could shorten your transition period by joining a firm that specializes in transitioning reps.



I don’t know. Maybe I’m romanticizing it, but it just seems like for anyone who is a big Producer, that it is the smart thing to do.