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Good banks to work in phoenix area

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Jul 9, 2006 10:48 pm

Considering relocating to Phoenix area, specifically Glendale, Az. Work as investment rep for bank in SoCal area that is not located in Az. Looking for good environment w/good pay. All ideas welcome. Have 7, 63 L&D.

Jul 10, 2006 1:14 am

First National Bank of the Losers.

Jul 10, 2006 1:41 am

[quote=charlie]Considering relocating to Phoenix area, specifically Glendale, Az. Work as investment rep for bank in SoCal area that is not located in Az. Looking for good environment w/good pay. All ideas welcome. Have 7, 63 L&D.[/quote]

Seeing as you have your licenses already why don't you want to work for a wirehouse?

Jul 10, 2006 1:48 am

cranky & NASD

What do you have against the bank, people choose to practice their craft in different environments that should be ok.  The bank pays a lower % sure, that's becasue you don't have to prospect for clients as much you make it up with larger volume, but there are plenty of bank based advisors making a very nice living. 

Jul 10, 2006 4:15 am

The bank in my opinion might not be a bad way to go if you are new to an area. If you are familiar with an area and know the people and have good solid contacts, then the wirehouse might be a better option.

I too am possibly looking to relocate to an area of the country that i know very little about and would be looking for a bank FA job because of client contacts.

Jul 10, 2006 2:51 pm

Bankrep1 - don't get so defensive.  There's nothing wrong with working for a bank, but Charlie may be an entrepreneur, and looking for a position with unlimited upside potential. 

Charlie - with your credentials, I would fully explore your opportunities.

Jul 10, 2006 5:17 pm

[quote=bankrep1]

cranky & NASD

What do you have against the bank, people choose to practice their craft in different environments that should be ok.  The bank pays a lower % sure, that's becasue you don't have to prospect for clients as much you make it up with larger volume, but there are plenty of bank based advisors making a very nice living. 

[/quote]

I don't know...I'm just a cranky SOB and felt like proving it.

Jul 11, 2006 9:54 pm

There is nothing wrong with a bank.  As long as you can sell what you want to the client (no product pushing) in order to meet their goals.

o.  You need to be able to make money too and be rewarded for your work.

Jul 13, 2006 12:22 am

Just saw the news about a serial rapist/shooter in Phoenix.

Either reconsider your move or buy a "pocket rod". My "pocket rod" is the nickel-plated S&W .357 Magnum revolver, with hollow point bullets. Guaranteed to knock'em down or your funeral is free.