WFA Hiring I have questions

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Sep 21, 2010 10:57 am

Last week in th elocal paper WFA had an ad looking for advisors.

Iam thinking about talking with them. I am currently with and Indy. Support from OSJ is nil and home office is messed up due to the recent financial crisis. Name changed due to public outrage at the term AIG.

My question is for anyone at WFA? What is the culture, management, outlook, payout anything you can share would be helpful.

I know the business and after taking off the last 5 years and playing hookey, I want to rebuild my book. I have tried with theindy but they have a problem with doing bond trades and their inventory is terrible.

Assets under 6M and production a little over 55 trailing 12.

I lived off of a few big M&A deals in the past 5 years.

Thanks for all of your help. 

Sep 21, 2010 1:05 pm

The key with WFA is to find a good opportunity in their system. Over the last couple years, WFA has done a very good job of recruiting, especially in the west, grabbing many top reps from other troubled programs. WFA allows very broad product access, has good management in various levels. The payout is very competitive and is most likely the only program in the country I'd even consider working for. I'm Indy, but know lots of folks at WFA, both management and production. Again, it's about OPPORTUNITY. How to tap into bank branches, business bankers, existing book of biz. Given a good opportunity, you could kill it. A bad opportunity/cluster, and who knows... I'd also say that having a branch manager with a personal interest in you, likes you, is a huge plus.

Sep 21, 2010 5:16 pm

[quote=whenefhuttontalks]

Last week in th elocal paper WFA had an ad looking for advisors.

Iam thinking about talking with them. I am currently with and Indy. Support from OSJ is nil and home office is messed up due to the recent financial crisis. Name changed due to public outrage at the term AIG.

My question is for anyone at WFA? What is the culture, management, outlook, payout anything you can share would be helpful.

I know the business and after taking off the last 5 years and playing hookey, I want to rebuild my book. I have tried with theindy but they have a problem with doing bond trades and their inventory is terrible.

Assets under 6M and production a little over 55 trailing 12.

I lived off of a few big M&A deals in the past 5 years.

Thanks for all of your help. 

[/quote]

ef hutton was the best.

firepower.  dude  youre so annoying.    stfu.  

Sep 22, 2010 1:33 pm

Jenni Poo, you have such a crush on me. It's kind of cute...

YSaC...

Sep 22, 2010 5:58 pm

[quote=BigFirepower]

The key with WFA is to find a good opportunity in their system. Over the last couple years, WFA has done a very good job of recruiting, especially in the west, grabbing many top reps from other troubled programs. WFA allows very broad product access, has good management in various levels. The payout is very competitive and is most likely the only program in the country I'd even consider working for. I'm Indy, but know lots of folks at WFA, both management and production. Again, it's about OPPORTUNITY. How to tap into bank branches, business bankers, existing book of biz. Given a good opportunity, you could kill it. A bad opportunity/cluster, and who knows... I'd also say that having a branch manager with a personal interest in you, likes you, is a huge plus.

[/quote]

You are so full of s h i t I can't believe it. You don't know ANYTHING about WFA.

It is my opinion, they didn't want a brokerage pre WB and they don't want WFA now. Each click of the gear is heading that way. In two years, IMHO, you will either be a bank broker with a non compete and a crappy salary or LONG GONE.