Pathways Roadblocks

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Jan 28, 2009 12:14 pm

Has anyone heard anything about the BAI trainee program being cut???

Jan 28, 2009 12:44 pm

Yes,

Jan 28, 2009 1:25 pm

Really...Where did you hear this from? A credible source? A hunch?  And does your avatar pertain to your personal or professional life?

Jan 28, 2009 1:37 pm

Firm is cutting ALL expenses. Pathways is an expense that is viewed as not needed. Did they cut comp?

Jan 28, 2009 2:01 pm

mmm...yes and no...they cut the bonus in half for the Q4 and then the bonus is judged on the top 1/3 of peer group instead of the Market Directors discretion....

Jan 28, 2009 10:13 pm

if i was pathways broker at BAi i would be looking for another job right now unless you are producing big numbers.

Jan 28, 2009 10:14 pm

What Market Director?

Jan 29, 2009 2:23 am

Most Pathways brokers (if they haven't already quit) are being "encouraged" to go onto the FA I Plan.  30% payout.

Jan 29, 2009 6:20 pm

No one has quit....I haven't heard that about Pathways moving to FA I....But I have heard everyone everyone producing under 350 is gone....my feeling is that if they keep the FA I ones then top performing trainees will get to stay....but if not only the guys with corner offices will be around....