What is a multi million prospect is female and she propositions you. It is the only way you get the business...
Show her a stock with a very attractive yield... rising profits... strong balance sheet. A hot stock that's ready to take off, and suggest she jump all over it today.
You can't do anything. FINRA rule 43589y43589y435.21 states: Anything that causes a rep to either make money or enjoy his day is not allowed.
So basically you can't do anything unless she is a tranny (assuming you're not into that kind of thing)
Well, what does she look like ? If she is 75 no way, if she is under 45 and decent then give her the mountain chart
The second word should be "if" and I thought you guys would get a kick out of that question...haha
If she's really worth millions, it may be worth paying the surrender penalty.
Even if she's three times older than you, the ratio only about 1031.
Don't let her "wrap" you up in objections.
Explain to her the importance of living benefits, this isn't just about the death benefits.
Don't forget to rid'er.
Have fun with the activities of daily living.
Two variable, universal lives usually pay the best and offer the most flexibility.
If there's a prenup, you'll want to maintain a level load.
Show her your Long and short positions and let her decide....Get her in your office and consider different Hedge strategies...Don't forget the Wash Sale rules when you are done....Make sure she is not working with another broker with Insideher information...Maybe she is into Bonding...Lastly, if she is hot ask her if she has any Mutual friends for me..
1) Don't put it in writing
2) sell her shares of BJS (BJ Services - yes, it's an actual listing)
Keep the allocation interesting. Be careful when you're in the margin.
Be contrarian but don't short climaxes.
Demand full commission on big trades.
Regardless of what Obama says about Wall Street Fat Cats, you should be bonused for frequent and aggressive trading in puts and straddles.
If you get tired of her and want to keep the AUM, outsource alpha.