Does anyone have any input on being a producing manager?
Ahhhhhh…, let’s see…do I really want to collect $100,000 or more in salary…on top of my production…I don’t know.
I know not all producing managers get $100,000 plus their production. Some firms won't allow producing managers and other pay their managers crap and they keep all of their production.
[quote=rightway]I was a producing manager, and if I do it again please kill me. [/quote]
Amen to that, RightWay!
I've been an offsite as well as onsite OSJ, and I don't care for a repeat of either experience.
Help - I am no expert on Management…I guess there are probably some gigs that are better than others. I’m sure it depends on the company, and actual title. We have 2 Resident managers for 2 different offices locally, who clip a hundy plus production, …and they are managing established 20 year vets…not a bad deal.
I was at Jones for 5 years in good standing. A guy I doorknocked was a CEO of a credit union. He offered me the job after I kept going back to his house. I negotiated a salary between 70k & 90k, total health care and dental for entire family. Phone and postage as well. I fired their broker/dealer after interviewing three others. I currently use SIGMA. Currently earn salary, commissions/management fees and a piece of the other brokers commissions. It’s agreat situation. I literally thank the Lord everyday. 'Jones was a great training ground but I never drank the Kool Aid. Amen.