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Merrill vs. Wachovia Securities

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Jun 20, 2007 8:08 pm

In terms of getting real estate and other assets, you can get paid on production for issuing mortgages, loans against securities, lines of credit, insurance products, and some other bank stuff. These count towards your $15mm of production credits, while you need $10mm AUM in the first 2 years after getting your rep number.

Jun 20, 2007 8:24 pm

[quote=unc2006]I had a sponsor.  I worked for them for 4 days, until I figured out they were product pushing scum.

[/quote]



Were you at Ameriprise?



“My review of your finances, leads to me recomend that you purchase VUL, I tell that to all my clients.”

Jun 20, 2007 8:37 pm

[quote=AllREIT]

[quote=unc2006]I had a sponsor.  I worked for them for 4 days, until I figured out they were product pushing scum.

[/quote]



Were you at Ameriprise?



“My review of your finances, leads to me recomend that you purchase VUL, I tell that to all my clients.”

[/quote]