Citi Bank Reps Disgruntled, in a Big Way, Over Push to Pure RIA Model

This rather dire posting on Registered Rep.’s forum is an accurate description of what’s going on at Citi, I hear via emails and a conversation from two Citi employees, who have been calling and emailing for, oh, weeks now. So, while, to be fair, I haven’t yet heard from our friends at Citi (it is a Saturday morning, for God’s sakes), I am confident enough in the accuracy of the post below to blog it. For more, hit VonAldo.com, the blog of RR Editor-in-Chief David A. Geracioti.