Forefront
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[quote=Mr. Sunshine] [quote=AGEMAN] [quote=meletio]
uhhh, sorry bro(s), but this is a ‘chat room’…reality check!!!
i take this about as seriously as talking to a freshly made dump in the toilet.
i’m on this board for entertainment purposes only…to blow off steam, so go finger yourselves
[/quote]
Mr. Sunshine.
You are the man.
If anyone wants to answer this please do.
Lets say you were doing 1mm in 2007 and now doing 850 ish with 60% fee based with no monster accounts (largest account 4mm) How much would someone with this profile get in this retention? Lets say you had 150 plans that you could complete.
You sign a 9 year contract like a deal? That includes the monthly phantom income in check to pay the taxes over time?
I guess complaining about getting a check for staying at your company after the meltdown we have been through would sound pretty greedy…but having said that, Wachovia Securities looks to have gotten off pretty cheap (or Well Fargo bank). Getting a guy or gal that will be doing 7 figures as market gets better to lock in for 9 year for 4 to 500 grand is cheap. It almost seems like any FA out their worth his salt is now freaking locked in somewhere for 9 damn years. The Mer,ms,c,ws are all locked along with anyone that moved firms during meltdown. This has been some crazy times. It was great fun (not) , I really just hope crap settles down.
[quote=Mr. Sunshine] [quote=AGEMAN] [quote=meletio]Do you want to meet at the flagpole at noon ? what are you 5 years old
Aint these here interwebs great! Amen to this post.[/quote]
Im am guessing that Mr. Sunshine smokes a pack and a half a day. Probably can drink a fifth of Johnny Black and not miss a beat.
A bit overweight with high BP. having said that…
Mr. SS would kick meletio’s ass in less then one minute…
[quote=Shania Twain]I guess complaining about getting a check for staying at your company after the meltdown we have been through would sound pretty greedy…but having said that, Wachovia Securities looks to have gotten off pretty cheap (or Well Fargo bank). Getting a guy or gal that will be doing 7 figures as market gets better to lock in for 9 year for 4 to 500 grand is cheap. It almost seems like any FA out their worth his salt is now freaking locked in somewhere for 9 damn years. The Mer,ms,c,ws are all locked along with anyone that moved firms during meltdown. This has been some crazy times. It was great fun (not) , I really just hope crap settles down. [/quote]
Don’t forget to add in the Retention FA’s got when WB bought AGE back in 2007?
I have been flagged on the first review because didn’t gave social security info for some of my clients. Anyone know if there are other areas where the envision team is flagging? Lack of credit card balance, equity line balance, other income?
Yes, I was told there will be a list coming with how far down the line you are.
oh look who it is…fellatio, the little guinea queer from xyz securties. seems like your main focus is in this chat room…ON THIS THREAD!!!
and yes patheticness is now a word…the definition is: SEE MELETIO
Is it possible that gathering information about a client, analyzing their portfolio, and making suggestions that may help them reach their goals does help an FA grow his business and help the client? Shouldn't every FA be doing that? And is there anything wrong to expect to be compensated for work done? The answers are obvious. One has to wonder what your agenda is to post such diatribes. The FA's on this board should be more concerned with the direction our profession is headed under the control of big banks instead of begrudging a fellow FA that may get a bonus. Lower FA payouts, higher client fees, forcing FA's into teams, cutting support, cutting FA's, the lack of quality leadership or FA advocacy by mgt, kicking smaller investors to the curb, etc, etc.How much it must suck to work at a place where your main focus is whether or not you will properly get paid as you were told your would. Wouldn’t it be nice instead to work on growing your business instead of doing some B.S. plans so you get feel like you got a retention bonus.
[quote=meletio] Mr. Sunshine…let me guess. You are fairly new to the industry…( less than 7 years )…you did ok during the boom…you took a check to go to Wach. now your buried with 7 years left on your deal and doing no business. Sad situation. Sorry dude!
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way off nutsuck.
10 yrs. in the business.
First Union> Wachovia Securities> Wells Fargo. No recruiting checks, just a a handful of deferred comp
Two homes, a fishing camp, a beautiful supporting wife, and a really cute kid. Life’s good over here. You’re just fun to pick on b/c you seem like such a pud.
Guys, guys, guys… If 2+2=4, then maybe meletio = BE PATIENT ? The equation seems to work out…