Sales assistants - who are they, what do they do, and how much do they make? Learn those things and more in the industry's first survey of sales assistants.A typical sales assistant looks something like the illustration here. She's a 38-year-old...
Laura Yeager is matter-of-fact about her role as a sales assistant. "I treat the business as if it were my own," she says.It's a quality that Jeffrey and Brian Werdesheim, a two-brother rep team at CIBC Oppenheimer in Los Angeles, deeply...
Handling millions of dollars in assets is one thing. Guarding Michael Jordan, the greatest basketball player in history, is quite another.Jim Les, a rep at Sutro & Co. in Sacramento, Calif., played in the National Basketball Association (NBA) from...
PaineWebber rep Bruce Fleet invests with his head, for a portion of his heart.Bruce Fleet has a big heart. So big, in fact, that he even has room for a foundation, A Portion of My Heart.Fleet, a broker with PaineWebber in Denver, works to serve...
I just got back from vacation, the majority of which I spent in the land of my ancestors - Ireland.One of the biggest thrills of traveling is meeting interesting, new people and learning from the experience. I had such an encounter at lunch in...
In an unusual raiding case involving a discounter and a full-service firm, an NASDR arbitration panel in March awarded more than $1 million to Charles Schwab in a claim against Salomon Smith Barney, including $700,000 in punitive damages.But the...
Are sales assistants eligible for overtime pay? Several plaintiffs attorneys think so. Prudential Securities, PaineWebber, Raymond James Financial and Salomon Smith Barney have already settled overtime-pay lawsuits that covered sales assistants...
LIZ ANGELONEFirm: Merrill LynchOffice: Stamford, Conn.Years in Business: 10Production: 1.1 million dollarsAssets: 200 million dollarsStaff: One assistant shared with another repTen years ago, Merrill Lynch financial consultant Liz Angelone started...
Starting in January 1999, Morgan Stanley Dean Witter will charge an annual $50 service fee for some accounts. The fee will be charged each January based on activity in the account the previous year, the firm says. Morgan Stanley Dean Witter is...
The UBS Warburg buyout of PaineWebber is meeting with positive response from PaineWebber reps. The deal's logic and a retention package help."I really like the corporate fit," says a Chairman's Council member in the Southeast. "We've been squeezed...