Moving to a new branch at a wire

or Register to post new content in the forum



  • 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.
Jan 22, 2015 10:58 pm

I'm at a wire and am considering relocating to another state for my fiance's career. I'm starting my 3rd year of production now and have hit all my production hurdles with no misses so far. Is this possible? I definitely want to stay with the firm. How should I bring it up?

Jan 25, 2015 11:26 am

Just contact your management team. Ask yourself if you will be able to bring your new clients with you? Will they go with you? Will the other branch have room? For the managers, they have a metric they are measured by for rookie headcount. I wouldnt think this to be impossible. It has happened at my wirehouse a few times.

Jan 25, 2015 4:26 pm

My thought was that I would come back to the area quarterly to conduct meetings with my clients here, I think that would give me a good shot a retaining. Part of me feels badly because my manager has put a great deal of effort into my development and he has gone out of his way to make sure I have the resources I need to succeed. I would sort of be asking to leave at about the time I am actually becoming a somewhat profitable broker for the branch. How to you hunk the typical manager would respond to this type of thing?

What is the metric managers are measured on for rookie headcount?

Jan 25, 2015 8:56 pm

I was in the same situation a few years ago. If you are doing good production the Problem is your BOM won’t want to let another BOM get the benefit of his investment in you… They have numbers to hit too…

When I needed to move I didn’t like my BOM so I went above his head…

Feb 10, 2015 11:02 pm

Does anyone have experience in NYC? I’m going there from a medium to large sized city further south, south of Baltimore and north of Atlanta. Just curious how much different prospecting etc will be.

Thanks. .