I was never on the grassy knoll, nor did I inhale.

No one from my old branch has been axed yet. My UBS friends are frustrated with lessening back office support but other than that all’s quite on the North East front.

No news on the people on deals...

We have more than a few recruits, most do not even have a trailing 12 at this point and none of them were let go.

locaine,

  Carnage??? 25 yrs and gone is that not carnage you little twit!!!

Went down today in our branch in the NE.  For the record I am in the NFA program and was not let go and I do not have a trailing 12 north of 250m so there was some intelligence involved in the decision.  Additionally, I am not on a team.  Yeah it sucks for my effected collegues but it is not the carnage (line in the sand for ANYONE producing less than 300m) that the event was rumored to be in this forum. 

How do you define carnage?? 25 years and gone is more than carnage you little twit!!!

[quote=Iocaine]Went down today in our branch in the NE.  For the record I am in the NFA program and was not let go and I do not have a trailing 12 north of 250m so there was some intelligence involved in the decision.  Additionally, I am not on a team.  Yeah it sucks for my effected collegues but it is not the carnage (line in the sand for ANYONE producing less than 300m) that the event was rumored to be in this forum. [/quote]


carnage you say.  How do yu define it?  after 25 years and no job, is that not carnage. YOU LITTLE TWIT YOURS IS COMING!!!

ex- you’re going crazy.  what were you doing between 10:58 when you made the 3rd post and 11:04 when you made the 4th?

best of luck to everyone

P.S. On his previous conference call, Martin said there would be a couple more conference calls by the end of the month. When are they suppose to take place?

any news?

Since I don’t work for UBS, this is quite interesting… I come in everyday just to check how crazy it is there…

Best of Luck to all at UBS. 

Got my packet this morning. Was going down pretty heavy in my office in the Metro area.

Both NFA's and FA's.

Employee forgivable loans are forgiven from reading the packet.

no severance.

Now off to interviews.

what state?

Happened to me this morning- Atlantic Region.  I was 2.5y into NFA program.  Employed through tomorrow.  I will be allowed to come back in to p/u remaining personal effects.

U-4 will read “Other” defined as a change in the strategy of the firm.

I believe that most of the NFAs in the branch were let go.  I know that
as I left my BOM meeting, I saw another NFA waiting. This was someone
with more tenure, more assets and a larger T-12.

Thinking of the bank route as the next step.  I want more support than what is available through an independent channel at this time.

Though with all of the depatures at wirehouses, I suppose there are plenty of accounts getting reassigned.  I am sure that the remaining managers and reps will want to make every effort to retain as many accounts as possible.  What about signing onto an established team somewhere that needs help in retaining the newly assigned accounts ?  Thoughts ?

I have been a lurker on this forum and have been amazed at the amount of posted information that has proven to be accurate.

Thanks !

Keep your heads up everyone !

I’ve got my meeting this afternoon with the branch manager.  He’s a good guy and this isn’t his choice, but we both know it has been coming and I have something else lined up.  We shot the s*** for a few minutes yesterday and I think it will be pretty laid back for me.  I’m worried for the lifers more than anything.  Definitely hoping they land on their feet.

I am in NJ

LOS 1.5? 18th production month. This summer would be 2 years, including training program.