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Aug 29, 2007 12:19 am

Also Nest,
 I haven’t spoken to single recruiter since the “merger” I have been 100% proactive about my future, not reactive. Sounds to me like you bought the whole “merger of equals” line… lol

Aug 29, 2007 12:21 am

Business deals aren't always "one size fits all". Forty months in the business and obviously <$300 in production but on the fast track! Screw the culture that's only looking for crest level and above from LOS less than 5 years. How's that for an appraisal of AGE's training program and how it plays in WS's future and expectations?

I'll leverage my meager 20mil AUM and take one of three 200% offers I currently have and jump this month. Good luck to you guys who want to "give 'em a chance", I'm goin' to work for a brokerage firm.

Aug 29, 2007 12:43 am

My Wife Asked Me if I knew about the “Wacky -Ovia” merger thing with AG Edwards!  I think Wachovia could have a PR problem! 

Aug 29, 2007 2:20 pm

Another reason to leave now IF you are one in the 250 offices that will consolidate.  Most likely the BoM will be the WS guy or gal and if you leave down the road after being consolidated, its not going to be just your friends in the AGE office calling your clients.  Its going to be the other WS reps that don’t know you calling on your client base.  

This may not be your situation, but those with a nearby WS office need to be a bit more proactive with their decisions.

Aug 29, 2007 8:01 pm

[quote=Big TED]My Wife Asked Me if I knew about the "Wacky -Ovia" merger thing with AG Edwards!  I think Wachovia could have a PR problem!  [/quote]

Also, referred to as "Walkalloverya".

Aug 29, 2007 8:19 pm

also known as watch-ova-ya

Aug 29, 2007 9:09 pm

[quote=GoingIndy????]Another reason to leave now IF you are one in the 250 offices that will consolidate.  Most likely the BoM will be the WS guy or gal and if you leave down the road after being consolidated, its not going to be just your friends in the AGE office calling your clients.  Its going to be the other WS reps that don't know you calling on your client base.  

This may not be your situation, but those with a nearby WS office need to be a bit more proactive with their decisions.
[/quote]

Indy, this is a very good point. When a left a few weeks ago, I got several phone calls from my AGE broker buds telling me which accounts they had received & that they were going to soft peddle the deal & not call on my people for several weeks until I got settled in at RJ (wink wink). Don't think that this didn't play a huge roll in my being able to pull over what is now nearly 90% in the first 45 days.

My biggest competition in my old office was my old bom. But that's has always been the case at AGE that your BOM was a guy who sucked his production out of departed brokers year after year.

Imagine what happens when you have an office full of hungry Walk-ov-ya guys circling your clients like vultures & they have absolutely no past relationship with you. 

Aug 29, 2007 9:59 pm

John Candy had too many rolls and it killed him.

Aug 29, 2007 10:05 pm

Putzy, what are you smoking?

Aug 29, 2007 10:15 pm

Then your regional is WACKED. No one at this point knows what the new grid will be.

Aug 29, 2007 10:38 pm

Hy,
 You really believe that the 6th brokerage merger WB has made is going to be the “charm”? AGE is now simply Wachovia Securities. I’m not sure what “Wacked” means, but the WB grid is being taken as a matter of fact as far up the chain as I’ve heard. As a Wachovia Securities employee (if I recall your screen name correctly) are you actually waiting for your grid to improve??? If so, good luck!

Aug 29, 2007 11:24 pm

Any change of the grid to be more like AGE would be telling the 7000+ WS reps the home office had it wrong and would penalize the 400k+ producing reps.  Remember the 80/20 rule.   

Aug 29, 2007 11:26 pm

[quote=doberman]

[quote=Big TED]My Wife Asked Me if I knew about the “Wacky -Ovia” merger thing with AG Edwards!  I think Wachovia could have a PR problem!  [/quote]

Also, referred to as "Walkalloverya".

[/quote]


My favorite is:  "WACK-OFF-YA" 
Aug 30, 2007 2:15 am

Hydeho,

Don’t tell me you were offended by the name “WACK-OFF-YA”.  I think its the funniest of them all. 

To answer your question though, I care because I have friends with the company who are growing their businesses and I would like them to see the whole picture or at least the most likely picture before making any decisions for themselves.  I’ve said it before, if I was a rookie or newer in the business I would stay too.  The wire/regionals are a great place to start and WS will have a lot to offer the under 5-7 yr crowd.

You may be right, they could up the grid, but they sure dance around it when asked. 

Aug 30, 2007 2:02 pm

Why would an AG (or Wachovia) rep want to start the month off getting 20% payout on the first 10K? I’ll take my 90% (net 75-80% after expenses), not deal with the corporate BS and continue to do what’s best for my clients.

Aug 30, 2007 9:04 pm

Because of the hassle of the transition & the fact that our payout is the same for another year (assuming you were looking for a repsonse to your “question”).