Bank or wirehouse?

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Jul 18, 2006 11:26 am

I live in florida. I just got offered to start into ML POA program at the end of this month. I spent 8 yrs in the bank industry where i got my licenses and learned this business. I have a lot of contacts here and am looking to do some good business with ML. On the other hand, i was just offered a very nice position as a bank broker for Banco Popular in CHICAGO. This bank is growing across the country and have had 40% growth every year for the last 5 yrs straight. They are one of the top 10 mid-size banks in Chicago. The company will pay for my moving expenses and will have a deposit base of over $250MM. I would be on a forgiveable draw for 12 mos so i can get adjusted to being in a new place.


Not that anyone can make a decision for me, but i am curious as to what opinions people have on this forum regarding this. Thanks

Jul 18, 2006 11:33 am

Chicago is a great place for drugs, sex and rock n roll


But in the winter the wind can cut you a new one, and there isn't anyplace nastier on a hot summer day when the soot in the air blends with the sweat on your face.


See if you can work there in the Spring and Fall.

Jul 18, 2006 4:37 pm

wimp = NASD

Jul 18, 2006 6:28 pm

bjack



If it's Lasalle, run...

Jul 18, 2006 11:21 pm

no, it's banco popular..

Jul 19, 2006 9:14 am
NASD Newbie:

Chicago is a great place for drugs, sex and rock n roll


But in the winter the wind can cut you a new one, and there isn't anyplace nastier on a hot summer day when the soot in the air blends with the sweat on your face.


See if you can work there in the Spring and Fall.



I hate to admit it but you are right!