Wachovia commision schedule

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Aug 15, 2007 8:25 pm

I'm an AGE rep sifting through the Wachovia merger info. I already know what the current payout structure is for Wachovia Reps but no one has discussed what the actual commissions are b/f they hit the grid. Do C-shares pay 1% upfront and 1% trail? What is a typical A-share commision? What are the commissions on managed futures (Campbell, Frontier etc.)? I've looked around enough to know that these things can (but don't always)vary from firm to firm. If anyone knows where I can get some detailed info on this I'd appreciate it.

Aug 15, 2007 8:32 pm
RayRay:

I'm an AGE rep sifting through the Wachovia merger info. I already know what the current payout structure is for Wachovia Reps but no one has discussed what the actual commissions are b/f they hit the grid. Do C-shares pay 1% upfront and 1% trail? What is a typical A-share commision? What are the commissions on managed futures (Campbell, Frontier etc.)? I've looked around enough to know that these things can (but don't always)vary from firm to firm. If anyone knows where I can get some detailed info on this I'd appreciate it.


I don't know, but I hope you like working in a barber shop.

Aug 16, 2007 8:24 am

In a barber shop, Bobby? You have issues with the merger?

Aug 16, 2007 8:36 am
Bache&co:

In a barber shop, Bobby? You have issues with the merger?


No, ma'am. Just messing with the guy. You know... barber shop/haircut. Get it?

Aug 16, 2007 11:29 am

Thank you for all of your help guys!

Aug 16, 2007 11:46 am
RayRay:

Thank you for all of your help guys!


Here's an idea...since you work there, why don't you pick up the phone and ask someone?

Aug 16, 2007 4:22 pm

First of all I work at AGE not Wachovia. The merger will not be final until October. So no I don't "work there." You should shut your mouth and check out the news every once in a while.



Secondly, do you really think that I made it in this business because I was afraid to pick up the phone and call people. If that was a realistic option in this case I wouldn't be online posting questions on message board full of idoits like you.



This message board is a waste of time. And you guys obviously spend a lot of time here. Don't even bother replying because I'm not coming back.

Aug 16, 2007 4:33 pm

Oh wait it's 4:30. You guys probably left hours ago. I don't know why I even bothered to reply.

Aug 16, 2007 5:05 pm
RayRay:

First of all I work at AGE not Wachovia. The merger will not be final until October. So no I don't "work there." You should shut your mouth and check out the news every once in a while.

Secondly, do you really think that I made it in this business because I was afraid to pick up the phone and call people. If that was a realistic option in this case I wouldn't be online posting questions on message board full of idoits like you.

This message board is a waste of time. And you guys obviously spend a lot of time here. Don't even bother replying because I'm not coming back.


Well....I do check out the news and when it has something to do with me, I pay attention.


Funny thing...I'm not assuming that you've made it in this business. Some lady that comes here to get a question answered from a bunch of known idiots is an even bigger idiot, herself.

Aug 18, 2007 12:51 pm
RayRay:

I'm an AGE rep sifting through the Wachovia merger info. I already know what the current payout structure is for Wachovia Reps but no one has discussed what the actual commissions are b/f they hit the grid. Do C-shares pay 1% upfront and 1% trail? What is a typical A-share commision? What are the commissions on managed futures (Campbell, Frontier etc.)? I've looked around enough to know that these things can (but don't always)vary from firm to firm. If anyone knows where I can get some detailed info on this I'd appreciate it.


Since you actually did work at Wachovia before I can't believe that you are stupid enough to ask this question......

Aug 18, 2007 5:39 pm

When did I ever say that I work for Wachovia?   

Aug 19, 2007 10:04 pm
RayRay:

When did I ever say that I work for Wachovia?   


Did you or did you not????

Aug 19, 2007 10:11 pm

Noggin,


RayRay has been given LIMITED access due to the merger to current Wachovia payout grid via online privledges.  However it is a given that he/she could call someone at Wachovia but I think it was a fair and logical question for this forum.

Aug 19, 2007 10:25 pm
advisor28:

Noggin,


RayRay has been given LIMITED access due to the merger to current Wachovia payout grid via online privledges.  However it is a given that he/she could call someone at Wachovia but I think it was a fair and logical question for this forum.



I agree.

Aug 19, 2007 11:19 pm

As an AGE FC, I've been told by a couple of WS guys I know that they were told not to talk to us yet.  In a subtle way they've been told to let management do the talking.    

Aug 20, 2007 9:49 am

I have been trying for weeks to find answers to my questions using telepathy but that doesn't seem to be working. Despite the valiant efforts of Noggin this message board hasn't been working either.



"GoingIndy????" is correct about getting info from Wachovia. Good luck to anyone who tries to get a straight answer from them.

Aug 20, 2007 9:51 am

I almost forgot. Thank you for your insights as well Bobby Hull.

Aug 21, 2007 8:37 am

10% on the first 10m - 50% on everything over 10m. That would be fine with me!

Aug 21, 2007 9:42 pm

RayRay


Read your private message.