Career advice. teaming/partnering/transition
The producing manager wont have much power to help you. The region will dictate what to do. Not to you specifically, but for example, what to do with all trainees not making their numbers. If you fall into that category, you will have a problem if thats the edict that comes down from the region, personal friend or not.I just left a wire to go indie. I suppose all wires might be different in their policies toward newbies, but right now i think they are all the same - they are keeping you guys on a real tight rope. They are looking to cut expenses wherever they can, and if you are not paying for yourself, then you will likely have a problem. If the guy who is/was your senior partner is a friend, that might be more meaningful than the manager being your friend. Can you sit down and talk to him about the assets that you brought in, and cut a split deal? Particularly your family assets. You might have soime leverage there as if you left (or were cut) he would likely lose those assets anyway. Further - if you are servicing assets, there is no way that those assets shouldnt be in a split number. I here you when you say "the way the co changed the rules there is not much they can do as far as journaling assets". I am not sure i believe that. Who is telling you that - is it the FA or the company? There is no way if a 1.7MM producing team tells management that you are a valuable member of the team and they need to set up a split with you, that the firm would object. I am a former manager and i can tell you that at least at the firm i was at, thats a fact. In fact, they are only bringing in trainees who are coming in to join a team, and the team is REQUIRED to give you assets after a certain period of time. Other than that, you just need to get your ass on the phone and play in an awful lot of traffic, just get it done, before YOU are done. Just curious, what happened with the band?
[quote=Alice Cooper]Go find another job. [/quote] Come on Alice in Wonderland… Your comments are usually so much better. But I guess your reply is the most obvious response. Try again for me…How about telling him to become a groupie since he sucks at sales and music!