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Aug 25, 2006 7:42 am

So there is information on just about every BD,  but not really anything on Morgan Keegan??
Any advise on reputation, training quality, etc?

Aug 25, 2006 11:04 am

Kids, the words are "advice" and "advise."  Advice is the noun, "Would you please give me some advice."

Advise is a verb, "I would advise you to heed my advice."

Remember it in alphabetical order.  C comes before V and noun comes before verb.  Anything to make yourself appear educated--you're going to be writing, sending emails and the like.  Spell checker doesn't catch those things, but grown ups do.

How you ever got through school with so many voids in your education is infuriating--but your elders know you have good self-esteem and an appreciation for diversity.

+++++

For those who don't know them, Morgan Keegan is a Memphis based broker/dealer with a pretty extensive network in the South Central and Southeast--even a smattering of offices north of Memphis.

About ten years ago they were acquired by Regions Bank which is a bank holding company headquartered in Birmingham.  Birminham is becoming a banking center of sorts--Amsouth, Compass, Regions, SouthTrust are all there.

By the way, also there is Protective Life Insurance which has a fairly agressive network of (I believe) captive agents who sell a lot of funds and annuities.

But let's get back to Regions and MK.

Intially Regions took a hands off attitude towards MK, but they have gotten far more pro-active in recent years.  They have one man branches in many of their bank locations which are most commonly found in smaller towns.

Prior to their acquistion by Regions my former firm lost several desirable producers to MK--they were dressing themselves up for their marriage to Regions and buying producers is always quicker than growing them from scratch.

It's a nice firm and enjoys a nice reputation in the industry and in its geography.  If you can catch on with them it would not be a mistake.  If they're in your area there's a chance that Stern Agee and Leach will be too--give them a looksee, they're smaller than MK, but have a curious "down home" flavor that I find refreshing.

Aug 25, 2006 2:54 pm

NASD, First I would like to thank you for the reply. You seem to know a lot about Morgan Keegan.

Now to the fun part… I believe that your education may be the one in question. I can understand one mistake… but you should not bash members so aggressively if you do not know how to spell the word aggressive. Also, I hope that it is easier for you to acquire clients than it is for you to spell it.    Acquisition, not acquistion.<?:namespace prefix = o ns = "urn:schemas-microsoft-com:office:office" />

 

Thank You

Aug 25, 2006 2:59 pm

No, thank you for correcting me.  Did I use the wrong word, or just misspell the correct one?

Aug 25, 2006 3:29 pm

I do have to say, that NASD is very accepting of other’s corrections when it comes to grammar and spelling, given that he also will dish it out from time-to-time.

Aug 25, 2006 6:36 pm

I will become an employee of Morgan Keegan approximately 4 months from now, due to a merger.

I am very impressed with everything I have read/seen/been told so far about MK.  Their training program is supposed to be second to none.  It is called Morgan Keegan University and is conducted in Memphis.  I am looking forward to taking part in it.  I even had lunch and discussed college football with the Morgan Keegan CEO a couple of weeks ago.  :)