Ed Jones to Wells Bank Channel (WBS)
I'm at EJ now in my 3rd year. I'm in a difficult market for EJ and I'm a true scratch starter. I'm above expectations, but getting tired of hunting money. I'm considering going to work at Wells Fargo, who has a huge presence in my town. The postion would be a bank advisor (WBS) and to me this sounds like a "piece of cake" after being at EJ. Am I clueless or is the grass really greener? If you're at WF or at another bank, please give me your thoughts.
My book is small, since I'm building it from scratch, so I'm not really counting on much of that at WF. There's an upfront check, but that's not that important to me. I'm most concerned about the opportunity - potential referrals, ability to call bank clients, etc.
The fear of not knowing where my July will come from is starting to worry me at EJ, but I'm worried that I'll regret making the move later.
Any help or insight is appreciated.
WBS side of WFA is the currently the best bank program there is in my opinion..
its used to be BAI by far but we know how that went,, spent 15 yrs there life was grand.. was able to spend 90% of time advising clients instead of 90% trying to find assets.....
WBS is as close as it gets to what BAI was.. WF is so widget driven however, bankers get more credit by selling an online banking package verses sending a 1 million dollar referral to an FA.. im not kidding.. plus they have their private bankers spread thin. My only licenced banker sits at another bank office with another fa, and covers 6 branches and 6 fa's... bai had a more 1 to 1 ratio which was much more effective..
I've been at wbs 23 months and just qualified for my backend..
btw,, our market RBM's are recruiting jones fa's like crazy, and they seem to be doing very very well once they in a few months
btown, I think it is awesome that you made it to year three at EJ from scratch. Did you end up making the move?