Why are you still with MSSB or MER?
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Why are reps still with a wire?
Same reason some people work at Walmart and Wendy's they are not bright enough to run there own shop. They also have no idea how to manage money on there own. They need to have someone hold there hand tell them what to do and how to do it. Kiss up the BM and suck up to the big guy in the office and hope he drops a turd so they can jump on it.Greenbacks,
I hope your communications with your clients are more professional than this post was. Let me fix it for you... Same reason some people work at Walmart and Wendy's. They are not bright enough to run THEIR own shop. They also have no idea how to manage money on THEIR own. They need to have someone hold THEIR hand... Please learn the difference between there, their and they're and use them correctly. You bash people for not being bright, yet make a basic, fundamental usage error not once, not twice, but THREE times!Thanks for pointing that out. I fixed it. Even gave myself a black eye!
Still, point remains, a typo is a totally different animal than consistent misuse of a word.I am a little confused. Why is it a great little niche for advisors to receive the % of commish they deserve? Let’s face it, you are either a low producing wirehouse producer trying to convince yourself that you are properly positioned or you are a suck ass producer who never created their own book. My guess is that you have never built a book, but just hung around and mowed your managers lawn to receive favors (accounts). Either way, you need to look down and see if you have any balls.
Your firm needs your kind, so just sit back and say baaaah!
onward,
My kids just left for Walmar.
There going their to get they’re new Taylor Swift CD.
There mom went also. There making me stay with they’re new puppy.
I have to go now, he just crapped right over THEIR!
We will talk later. They’re will be time to finish this!
[quote=Apollo 13] I am a little confused. Why is it a great little niche for advisors to receive the % of commish they deserve? Let’s face it, you are either a low producing wirehouse producer trying to convince yourself that you are properly positioned or you are a suck ass producer who never created their own book. My guess is that you have never built a book, but just hung around and mowed your managers lawn to receive favors (accounts). Either way, you need to look down and see if you have any balls.
Your firm needs your kind, so just sit back and say baaaah! [/quote]
ouch. wow, pls stop.
(tool)
I guess lpl decided to pay for rent, marketing, software and other expenses. Good for you and don’t be so sensitive. Sometimes Truth hurts.
I spent 10 years at a wire, and i met an awful lot of million dollar producers. I knew most of their stories. I had the pleasure of meeting exactly TWO (Yes, 2) who built their own book, no help, no inheriting, no mowing the BM;s lawn. The rest of them got lucky came from very well to do families, or some other such “road to success”.
Thats the only difference between the big guys and i’ll say, 65% of the guys in the penalty box. The other 35% are just plain lazy. The smart ones, the 65%, went indy. The million dollar guys all just took the retention checks last year, and are now fully, dare i say it, OWNED!
I guess lpl decided to pay for rent, marketing, software and other expenses. Good for you and don’t be so sensitive. Sometimes Truth hurts.
Now you are bragging about your company paying for things? What are you, a kept woman? "My man pays for my rent, my light beal, my softwaya.... hey hey lookie here, my man paid for deese um... ummm... padfolios!".
[quote=Sportsfreakbob]
The rest of them got lucky
[/quote]
funny. so wrong. not much luck in this MF biz. You sound bitter.
Why do the indie’s always try to convince everyone how great the experience is? Who are you really talking too…your wives, your kids, or yourself? One would think if you were really making money you might shut your mouth.
Instead you are trolling every chamber of commerce and rotary function with a stack of amateur looking business cards, that your wife had to proof read, for you next index annuity client. You are right up there with the State Farm guy. Good job. That is branding for you. Branding you know the thing that Life coach and Marketing person you hired because business sucks said you needed. Oh wait, you just left a branded firm to start "bottom of the barrell" financial management. We here in the wirehouses are not trying to convince you to comeback.. thanks for the assets. That is the way this business has worked for decades. Those that don't make it leave. To the victor go the spoils.[quote=mnymker] Why do the indie’s always try to convince everyone how great the experience is? Who are you really talking too…your wives, your kids, or yourself? One would think if you were really making money you might shut your mouth.
Instead you are trolling every chamber of commerce and rotary function with a stack of amateur looking business cards, that your wife had to proof read, for you next index annuity client. You are right up there with the State Farm guy. Good job. That is branding for you.
Branding you know the thing that Life coach and Marketing person you hired because business sucks said you needed. Oh wait, you just left a branded firm to start “bottom of the barrell” financial management.
We here in the wirehouses are not trying to convince you to comeback… thanks for the assets. That is the way this business has worked for decades. Those that don’t make it leave. To the victor go the spoils.
[/quote]
Isn’t that your branch manager calling and wondering why you are on the Internet? Better go and polish his shoes.
Let them stay at the wires they will be gone in six months to a year any way.
At this point it is kind of like seeing a Obama bumper sticker on a car, you say to yourself what where they thinking![quote=mnymker]Why do the indie’s always try to convince everyone how great the experience is? Who are you really talking too…your wives, your kids, or yourself? One would think if you were really making money you might shut your mouth.
Instead you are trolling every chamber of commerce and rotary function with a stack of amateur looking business cards, that your wife had to proof read, for you next index annuity client. You are right up there with the State Farm guy. Good job. That is branding for you. Branding you know the thing that Life coach and Marketing person you hired because business sucks said you needed. Oh wait, you just left a branded firm to start "bottom of the barrell" financial management. We here in the wirehouses are not trying to convince you to comeback.. thanks for the assets. That is the way this business has worked for decades. Those that don't make it leave. To the victor go the spoils. [/quote] I don't think anyone was making the comment that "Indy is better than . . ." I think people are trying to say that if you can produce $400K-500K at the wirehouse, why not go to the indy side and double your take home pay (even more if you play taxes correctly)? I totally understand individuals going to a bank brokerage because of the referral platform but if you're cold calling anyway, why not get paid more to close accounts? I have buddies at ING in NY who are at 85% payouts and the only expense they have is E&O, which is like $100/month. By the way, commas are your friend.I am not and never did say, that the indie platform is better. Its better for some people. Not for everyone.
The Senior managers at MSSB is telling their Branch Managers that Merrill is no longer their biggest thread - the indie channel is. Of course guys like NNMKER wouldnt know that, because theirr managers never tell them the truth.
The fact is the Indie platform has gained a lot of traction. But its not for everyone. Thats all I’m saying.
[quote=mnymker]Why do the indie’s always try to convince everyone how great the experience is? Who are you really talking too…your wives, your kids, or yourself? One would think if you were really making money you might shut your mouth.
Instead you are trolling every chamber of commerce and rotary function with a stack of amateur looking business cards, that your wife had to proof read, for you next index annuity client. You are right up there with the State Farm guy. Good job. That is branding for you. Branding you know the thing that Life coach and Marketing person you hired because business sucks said you needed. Oh wait, you just left a branded firm to start "bottom of the barrell" financial management. We here in the wirehouses are not trying to convince you to comeback.. thanks for the assets. That is the way this business has worked for decades. Those that don't make it leave. To the victor go the spoils. [/quote]CONGRATULATIONS!!!!!!!!!!!
You win the award for 2009 Most Assenine Post!
What a crock of sh*t.
I was at a wire for 10 years, and was 1st and 2nd quintile every month of those 10 years until the last two, when i made the mistake of going into management. I can assure you that you are so far off the freakin mark that its not funny. You are one of the big swingin d***s that convinced me that management was the wrong place, and for me at least, so was the wire. I dont need to compete with anyone but myself.
And by the way, you prove my point about most Million $ producers getting lucky. You prove it with your "thanks for the assets" comment. Thats your business plan schmuck. Hang out till everyone else leaves. BTW you didnt get mine, 95% came with me.
Anyway, congrats again on the award! I've been on these boards for quite a while and i;ve seen a lot, and i never laughed so hard at a post that wasnt meant to be a joke.