WFA: Profit Formula

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Feb 12, 2010 6:43 pm

It's being eliminated.

Feb 12, 2010 6:45 pm

wow



Strumpfy and his hit men don't like us.   Finet next.



WFA and U and US LLC



What about existing practices?



When I ran the math on PF for our team it blew me away how good a deal it was. (we are in smaller town and don't have big dollar support).    I wondered why the hell the firm was doing it. Danny is our friend.   I know you AGE guys hate his guts but your wrong.



danny, hayes, kowach et al are our friends and have the best FA answer for a big wire house.



$135 billion in oakland CA pick-a-pay loans got in the way.



I said it from day one.



WFC does not like our business and they dont like us.   period



I hate WFC. c***sukcers.   

ruthless penny pinching arrogant MF.



Their balance sheet sucks like C and somehow they Jedi people.



makes me sick these assh$%^ stole wachovia.



I knew they would bag PF.   



They want bank broker clones to handle THEIR clients and their assets.



Feb 12, 2010 7:27 pm

Shocker...oh wait no it isn't

Feb 12, 2010 7:38 pm

So are all you who did Forefront locked in forever, or can you walk?

Feb 12, 2010 8:25 pm

FINET seems fine.

Feb 12, 2010 8:27 pm

^^for now....

Feb 12, 2010 8:49 pm

what about grandfathered practices?

Feb 12, 2010 9:43 pm

This place is a never ending nightmare

Feb 12, 2010 10:05 pm
Shania Twain:

wow

Strumpfy and his hit men don't like us.   Finet next.

WFA and U and US LLC

What about existing practices?

When I ran the math on PF for our team it blew me away how good a deal it was. (we are in smaller town and not big dollar support).    I wondered why the hell the firm was doing it. Danny is our friend.   I know you AGE guys hate his guts but your wrong.

danny, hayes, kowach et al are our friends and have the best FA answer for a big wire house.

$135 billion in oakland CA pick-a-pay loans got in the way.

I said it from day one.

WFC does not like our business and they dont like us.   period

I hate WFC. c***sukcers.   
ruthless penny pinching arrogant MF.

Their balance sheet sucks like C and somehow they Jedi people.

makes me sick these assh$%^ stole wachovia.

I knew they would bag PF.   

They want bank broker clones to handle THEIR clients and their assets.

Profit Formula was always a recruiting tool first and a retention tool second.
No one has been able to convert for a long time...those in line were always bumped by recruits.  PF was always too good, that's why it's gone.
Hays is NOT our friend. He is an overly positive/over paid, ignorant ML a-hole that is out of touch.  Danny means well but is clueless.  Personally, I like Kowach but he is Danny's butt boy.  Bottom line is that all 3 are now ranked as insignificant in the big WF machine.  They are not players, they are just cogs in the big bank machine whos days are numbered.
Apply now for FiNet boys because that channel is next....wait too long and that door will close also.  Take those "5 stakes" out of your back and put them back in the gound where they belong.
Feb 12, 2010 10:15 pm


[quote]

Bottom line is that all 3 are now ranked as insignificant in the big WF machine. They are not players, they are just cogs in the big bank machine whos days are numbered.



[quote]







You're right and it's sad. They are good people.

Feb 12, 2010 10:52 pm

So, does anyone know any details on this?  Has it been formally announced?

Feb 13, 2010 10:36 am







Do not ask questions.   Do your job.

Feb 13, 2010 11:40 am

No wonder pf guys are leaving for finet

Feb 13, 2010 4:32 pm

hopefully every recruit will ask the question.."If I join now, how do i know that I'll have the option to go PF or FiNet in 4 years?"

Feb 13, 2010 6:51 pm
howboutshoeshine:

This place is a never ending nightmare

 
word
 
Feb 13, 2010 9:02 pm

Nothing is official....yet. The ideas, rumors, and "way-it-will-be" keeps changing daily depending on who you are talking to. Management is undecided on what to do about FiNet, b/c it's not a "black or white" decision. Also, since WFC' has not converted all Wachovia Bank states to Wells Fargo Bank, there will be a delayed answer since most FA's cover retail branches; as a source of referral business.

Feb 13, 2010 9:05 pm
Shania Twain:

Do not ask questions. Do your job.



Have you had problems with WFC? Past experiences?

Just curious. Thanks.

Feb 13, 2010 9:42 pm

Shania - that what you get for dropping the avatar.

Feb 13, 2010 9:47 pm
CORR:

Nothing is official....yet. The ideas, rumors, and "way-it-will-be" keeps changing daily depending on who you are talking to. Management is undecided on what to do about FiNet, b/c it's not a "black or white" decision. Also, since WFC' has not converted all Wachovia Bank states to Wells Fargo Bank, there will be a delayed answer since most FA's cover retail branches; as a source of referral business.





PF is gone.   No new conversions.   

Feb 15, 2010 11:37 pm

Show some proof. I have heard nothing that validates your claim.