New Wach/AG Edwards name

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Jan 6, 2009 5:50 pm

Anyone have any good ideas?

 
Yeah I am that bored right now..
 
Jan 6, 2009 6:02 pm

Ach-ward Jones?

Jan 6, 2009 10:56 pm

AG Wellovia, AG Wachfargo, Herewegoagain, Don'trememberthenameitwon'tbeherenextyear(a little long)

Jan 6, 2009 10:59 pm

Wells Fargo Advisors is the name

Jan 6, 2009 11:10 pm

i hope you're right

Jan 7, 2009 9:27 pm

I vote for Enron Advisors
Jan 7, 2009 9:35 pm

I think all branch offices should order electronic sign boards, just in case.

Jan 7, 2009 9:36 pm

Madoff Advisors

Jan 7, 2009 10:14 pm
B24:

I think all branch offices should order electronic sign boards, just in case.



+1 

Jan 7, 2009 10:17 pm

How about, "For Sale"?

Jan 7, 2009 10:44 pm

Damned if we do, damned if we don't Asset Management

Jan 7, 2009 10:47 pm
B24:

I think all branch offices should order electronic sign boards, just in case.



How about the ones with the big flashing arrow on top and the interchangeable letters?

Jan 7, 2009 10:47 pm

YHWY you may be on to something

 
no news on retention
no official name
And everyone is hush hush
Maybe Wells is shopping the Firm?
Jan 8, 2009 8:01 am

I know for certain it will be Robert L. Bagby and co, it is a way to honor him for all the great things he has done.  Wells Fargo Advisors is no longer being considered.

Jan 8, 2009 11:01 am

Big Bob's Blazing Bazaar of Bountiful Bottomline Blowouts, specializing in Competition on a Global Scale, Tax Loss, Net Worth Reduction.......and Tropical Fish.

 
(dance mix music comes up way too loud then quickly drops off, hand-held camera shot opens of Bobby B. in a parking lot outside of a Wachovia Bank branch, with a smoking 1988 Chrysler minivan in the drive thru teller lane in the background, mom with cigarette hanging out of her mouth yelling at the teller, and a fat kid in the passenger seat staring out at Bobby B. as he picks his nose with one hand and eats Cheetos with the other (the kid, not Bobby)  A sign company truck is in the deep background with a crew in the bucket going up and down, starting to take the sign down, then stopping, then starting again, while the sign crew foreman talks animatedly with someone on his cell phone).
 
"Hi, I'm Big Bob.  Are you tired of 5 generations of profitability, solid shareholder value, tons of cash, a violently loyal workforce and unbelievable stacks of 2000 year-old china?  Well, get your Board of Directors to hire me, and I'll work hard to smash (he swings a bat at a piece of Kmart dinnerware on the ground in front of him, misses it, swings again and the plate skitters across the parking lot out of the shot) through old paradigms, and unlock (he tries to catch a huge Yale lock tossed to him from offscreen, drops it on his foot, picks it up and breaks the key off in the lock) shareholder value!"
 
"That's right, if you need a guy with tons of experience in guiding a strong corporation with amazing brand loyalty through the desert of rebranding (800 lbs. of sand drops behind him, covering him with dust), into the Promised Land of Global Scale and Scope (elementary school globe tossed to him from offscreen, bounces off his shoulder and rolls back behind him toward the minivan in the drive thru, where it wedges underneath the front bumper), then let me be your Moses!"
 
"Do you have a pesky poison pill? (pill bottle tossed to him from offscreen, he drops it, picks it up, wrestles with the childproof top, finally snaps it free and pills eject violently all around him, while the lid of the bottle flips up and knocks his glasses off)  I can push a pesky poison pill permanently past its purpose."
 
"Do you have a workforce which needs to be pacified? (cut to shot of auditorium filled with all of us AGE sheeple from super regionals a few years back, while Bob speaks soothingly from the podium)  I can deliver the goods."
 
"I'm one of the few guys around with a proven history of these and other amazing feats of daring do.  Give me a call (flashing number at bottom of the screen), and let me go to work for you." (he points a pudgy finger at the camera, holds the pose for a 5 count, then starts to walk off screen to the left, stops and comes back through the shot to the right just as the minivan starts to roll out of the drive-thru. the globe squeezes under the front bumper for a fraction of a second, then shoots out across the lane, hitting Bob in the butt as he just exits the frame.  the sign truck crew finishes unscrewing the Wachovia sign and it breaks free of the cable holding it up and drops to the pavement below, knocking over the bank branch manager who had just come out to yell at Bob and tell him to get off the property)
Jan 8, 2009 11:14 am
scotsman:

YHWY you may be on to something

 
no news on retention
no official name
And everyone is hush hush
Maybe Wells is shopping the Firm?
 
IMO that is exactly what is going on.   Guy in the office wanted to send out a letter to clients concerning the merger.... Compliance would not allow him to use the word merger OR refer to Wells Fargo.  They had use the phrase "the parent company"
 
IF Wells is considering selling us, it would make sense to do it in about a year, year and a half once the markets have improved and they can get a substancially greater number.  Secondly, they have to do a decent retention or there wont be much left to sell.
Jan 8, 2009 11:48 am

Wow, 4th firm in 2 years (AGE/WS/WF/?).  That's scary.  Maybe someone is considering taking them independant again?  I feel bad for the legacy AGE FA's and clients.

Jan 8, 2009 12:03 pm

http://www.charlotteobserver.com/597/story/458221.html





Dear Mr. Stumpf,


Where's the love? 
 
Not a peep about the crown jewel of Wachovia, Wachovia Securities in the entire interview? Though I did particularly enjoy this nugget;

…Wachovia is a wonderful brand that has a proud history, and it's going to be an important part of our merged company for some time, though we've not decided what role that's going to be at the end. The stores will carry the Wells Fargo brand – there's no question about that. But we still haven't determined if there is a residual need for the Wachovia (brand).


Why does this water seem to be getting hotter?
 
Sincerely,
Frog
 
Jan 8, 2009 12:13 pm
B24:

Wow, 4th firm in 2 years (AGE/WS/WF/?).  That's scary.  Maybe someone is considering taking them independant again?  I feel bad for the legacy AGE FA's and clients.

 
You forgot to add in the shotgun 1 week engagement to Citi...so actually it will be 5 firms in 2 years --> AGE to WB to C to WFC to ???  
 
 
on a side note ...
when I made this post the forum & pressed "Save my Post" it gave me an error message that said the server was full THEN  it booted me into somebody elses' post so if I were a bad user...I could have easily edited somebody elses post...wierd!!!
 
 
 
 
Jan 12, 2009 10:01 pm

From Chip Roame
Managing Principal

Tiburon Strategic Advisors

What to Expect at the Wirehouses in ‘09
Q. How about Wachovia?
<p ="Normal-P"> <span ="Normal-H"> <span style="font-family: Arial; font-size: 10pt;"> </span> <span style="font-family: Arial; font-size: 10pt;">With its pur</span><span style="font-family: Arial; font-size: 10pt;">chase

by Wells Fargo, there will be lots of changes. The brokerage could be
called A.G. Edwards, given that all the executives have moved to


St. Louis


and that A.G. Edwards is the surviving entity and shop.






A. G. Edwards has been a well-run company, and Wa
chovia’s done lots of mergers with Pru and the regionals, like Wheat First/Evergreen. It’s done a good job at integration.






And Wachovia’s sale to Wells looks positive, as Wells is a stabilizing influence. It’s a well-run bank and is tech savvy.






Really,
you have three large franchises: Wachovia, Pru and A. G. Edwards.
They’re all nationwide firms, so there’s probably cost savings of $1
billion or more still to be had. But the mess of product lines,
branches, etc., is uneconomic and has to be straightened out.






Also,
Wells’ H.D. Vest is a diverse channel for about 5,000 accountants and
reps who are independent and go after CPAs and tax professionals.






For Wachovia, a key strength is that it has the A.G. Edwards advisors on board and offers diverse
channels
for FAs. Like Merrill, its weakness is that it is now part of a large
U.S. bank, which could dilute and/or negatively impact both its
Wachovia and A.G. Edwards brands.






This re-branding should happen in 12 months or less. I’d expect Wells to be the

bank brand, and A.G. Edwards to be the brokerage brand; Wachovia goes
away. But integration is a long process, and there are still Pru issues
to deal with, let alone A.G. Edwards and Wells. This doesn’t mean that
Wachovia’s done a bad job; it just means t
hey still have lots to go through.