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Wealth Management Magazine features the best of WealthManagement.com, including news, trends, topics and research important to financial advisors.
All About the BenjaminsAll About the Benjamins
Reps say the darndest things. When Registered Rep. asked a young wirehouse advisor whether he would consider joining an independent firm or launching his own RIA at some stage down the line, he said no. He explained, I like that I can get a pay check for not working.
Halah Touryalai
June 1, 2007
1 Min Read
Halah Touryalai
Reps say the darndest things. When Registered Rep. asked a young wirehouse advisor whether he would consider joining an independent firm or launching his own RIA at some stage down the line, he said no. He explained, “I like that I can get a pay check for not working.” And this rep is in high demand: He recently got over 200 percent of his trailing-12 production as a sign-on bonus. Maybe it's all bluster. Then again, maybe not.