Merrill Lynch / "First Vice President-Investments"

or Register to post new content in the forum

11 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.
Dec 16, 2009 2:55 pm

At Merrill Lynch, what does the title "First Vice President - Investments" mean?  Is it based on length of service?  Does the title guarantee the fact that an advisor is a $1 million dollar producer?  Thank you for any help.

Dec 16, 2009 3:16 pm
Ecstasea:

At Merrill Lynch, what does the title "First Vice President - Investments" mean? 

 
It means that he's a financial advisor.
Dec 16, 2009 3:29 pm
etj4588:
Ecstasea:

At Merrill Lynch, what does the title "First Vice President - Investments" mean? 

 
It means that he's a financial advisor.
 
What are you advertising?
Dec 16, 2009 4:00 pm
etj4588:
Ecstasea:

At Merrill Lynch, what does the title "First Vice President - Investments" mean? 

 
It means that he's a financial advisor.
 
I really think Compliance should nip that practice in the butt.  Why not call him the "Grande Poobah of Everything that makes Money"?
Dec 16, 2009 9:05 pm

I think it is LOS 20+ with some level of lifetime cumulative production minimum. I am fairly sure it is not an annual benchmark. Either way your still a FA-- just have grayer hair.

Dec 16, 2009 9:24 pm
Wet_Blanket:
etj4588:
Ecstasea:

At Merrill Lynch, what does the title "First Vice President - Investments" mean? 

 
It means that he's a financial advisor.
 
I really think Compliance should nip that practice in the butt.  Why not call him the "Grande Poobah of Everything that makes Money"?
 
I think thats what Primerica calls their advisors after they get 20 "associates" on their downline.
Dec 16, 2009 9:43 pm

Pretty sure you are wrong. It is a combo of LOS and production.

Dec 17, 2009 9:03 am

No LOS requirement.

 
"First Vice President - Investments" =   trailing 5 year production of $5 million.
 
Obviously most who reach this level are LOS 20+ but there is no LOS requirement.
 
"Senior Vice President - Investments" = trailing 5 years of $10 million.
Dec 17, 2009 9:30 am
Northfield:

No LOS requirement.



"First Vice President - Investments" = trailing 5 year production of $5 million.



Obviously most who reach this level are LOS 20+ but there is no LOS requirement.



"Senior Vice President - Investments" = trailing 5 years of $10 million.





Yep, that is it. Read it the other day but didn't pay too much attention to it.

Dec 17, 2009 9:34 am

First Vice President means he is an old fart.

Dec 19, 2009 8:26 pm

It means you've really paid your dues at Merrill, or you just came over from someplace else after you blew up book over there.