Due dilly trips?

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May 2, 2009 10:15 am

Anybody been on a due dilly trip lately?  Was talking with some Natixis wholesalers at a recent internal RJ meeting, and they were saying that most money managers/mutual funds have REALLY scaled it back, or completely done away with them. 

May 2, 2009 8:05 pm

I’m going to Phoenix in May and Chicago in June.

May 3, 2009 8:05 am

I think Barney Frank and the guy from Dateline will also be attending.

May 3, 2009 10:37 am

DD trips are for losers. 

May 3, 2009 12:15 pm

Hey HAAIC, thanks for the deep thought, Jack Handy!

May 5, 2009 7:18 pm

I think I got invited to a Protective DD trip to Alabama that supposedly includes golf at a Robert Trent Jones course. I guess they took no tarp $.

May 5, 2009 10:43 pm
Gordon Gekko:

I think I got invited to a Protective DD trip to Alabama that supposedly includes golf at a Robert Trent Jones course. I guess they took no tarp $.

  It's not like they didn't try to get TARP funds.   http://www.investmentnews.com/article/20090402/REG/904029954
May 6, 2009 7:21 am

So it's the same deal that Genworth faced - they wanted TARP but couldn't get it. As long as I don't have to play in the same foursome as Farney Bank I am good.

May 6, 2009 9:45 am
HAAIC:

DD trips are for losers. 

  Yes, but we sure enjoy them. Why do you you say that? They are a recognition from a vendor for submittting a large amount of business. What is wrong with that?
May 6, 2009 10:13 am

the REITs are still doing them if your Indy.  I was at Inland a few months ago and got invited to go to Pheonix in May for Cole but can’t make it.  

May 6, 2009 11:07 am

How do you get invited to those things? Is it simply production with one company?

May 6, 2009 2:50 pm

At EDJ you have to be segment three or higher.  Can go to 2 per year

May 6, 2009 11:43 pm

[quote=Squash1]How do you get invited to those things? Is it simply production with one company?[/quote]

as an Indy, for most of them you just have to ask the wholesaler and if
they know you do any amount of productions, they’ll invite you.   I’ve
done a few mutual funds/annuity trips based on production or
wholesalers asking me but I don’t know if they’re still doing any these days.

For the REIT’s, I’ve done 3 trips over the years before ever
dropping $1 with them.  I’ve simply told them I want to meet management and see
what they’re all about before I use them in my business.  


May 9, 2009 12:18 pm

[quote=henryhill]At EDJ you have to be segment three or higher.  Can go to 2 per year[/quote]


If you have to ask…

May 11, 2009 7:10 am

I plan on going to the Protective one. Good info hopefully and great golf course to play. I think we pay for the golf on our own dime though.