Derailed at ML before getting out of the gate!

or Register to post new content in the forum

12 RepliesJump to last post

 

Comments

  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
Jan 24, 2009 7:50 pm
1st post, lot's of good information here!

I started with ML on the day the BofA merger was announced! Since that time, I've passed the 7, the 66 and my insurance licensing. I'm building my pipleline and have a good start on my business plan.

I have it on good authority, that myself and many other PMDrs are probably going to get the axe on Monday the 26th; the same week I'm scheduled to get my production number  My complex has called a mandatory all PMD meeting Monday afternoon, after market close,  and a mandatory all FA meeting on Tuesday morning(to explain the ax'n to those that are left, I'm sure!)

Question to all of you....what now?? Who do you think would be most interested in a new FA with great training(Thanks, ML-BofA whatever you are morphing into...) and no assets?

Thanks everyone!
Jan 24, 2009 7:56 pm

Hey hank I will beat you to it..


No one..
Jan 24, 2009 8:02 pm

You could try another wire(MS or UBS) but that might be tough..Regionals could be an option(Stifel, etc)... Bank(Jpm,C,regional bank, 5/3, suntrust etc)

Jan 24, 2009 8:12 pm

If I were in your shoes I'd call anyone and everyone. Find out what your options are and rank them. I call all the other wires, regionals, indys, edj, and banks. You don't have to decide where you're going to spend the rest of you're life, just the next few years while this stuff sorts itself out.

Jan 24, 2009 8:14 pm
OS:

If I were in your shoes I'd call anyone and everyone. Find out what your options are and rank them. I call all the other wires, regionals, indys, edj, and banks. You don't have to decide where you're going to spend the rest of you're life, just the next few years while this stuff sorts itself out.

 
I echo except I would personally visit each local branch if you can.
Jan 24, 2009 8:16 pm
chief123:

Hey hank I will beat you to it..

No one..



Thanks for the honesty  Thinking of going back into the wine business, at least I always had my "happy" face on

Jan 24, 2009 8:48 pm
chief123:

Hey hank I will beat you to it..

No one..



I was going to suggest the United States Postal Service.

Jan 25, 2009 11:09 am

try to find the biggest team in your area and tell them why your services are needed and how you will help them grow their business.

Jan 25, 2009 3:01 pm

Check out RBC Wealth Management.

Jan 25, 2009 3:32 pm

I think other employers will understand whats going on. Your licensced now which counts for something. I have actually noticed quite a few job openings at banks, and some of the wirehouses. indeed.com is a good source to look for open positions. 

Jan 26, 2009 9:28 am

Look at EJ. They will like that you are licensed, and you should be able to get your can-sell date after the 45 trips you will take to St. Louis.

Feb 12, 2009 3:58 pm

I'll make it easy on you. ..........

 
 
Call me at Waddell & Reed.