Am I going to get sued?

Aug 16, 2007 4:07 pm

As some of you know, I am starting at a wirehouse on Monday and resigning from MassMutual. I know that oftentimes firms come after you for training costs. I was careful to pay for all my own licensing fees just in case I decided to resign. What can I expect as far as litigation?


Question #2: What is the best way to resign? (In a way that my licenses will be easily transferred)

Aug 16, 2007 4:24 pm

Get hammered and come to work stumbling.

Aug 16, 2007 4:30 pm

[quote=pretzelhead]Get hammered and come to work stumbling.[/quote]

Closer, did you find that to be:

A.  Very helpful

B.  Somewhat helpful

C. Not that helpful

D. A stupid comment

Aug 16, 2007 4:33 pm

Equally as helpful as what you just posted, but funnier.

Aug 16, 2007 4:36 pm

[quote=Closer]Equally as helpful as what you just posted, but funnier. [/quote]

So you're simply another idiot.  I'll add you to the list.

Aug 16, 2007 4:55 pm

Your list is for homos, old man.  Go hang out at the Bird Cage.

Aug 16, 2007 5:32 pm

[quote=Closer]As some of you know, I am starting at a wirehouse on Monday and resigning from MassMutual. I know that oftentimes firms come after you for training costs. I was careful to pay for all my own licensing fees just in case I decided to resign. What can I expect as far as litigation?


Question #2: What is the best way to resign? (In a way that my licenses will be easily transferred)
[/quote]

Didn't I tell you how to do it in a PM? Why are you wasting people's time? Noone gives a sh*t about you at your old company. You don't make them any money. Your ego is wrong about you having to have a great gameplan. Do you think they're going to be stunned at the giant sucking sound of productivity leaving the building? Get real and quit calling yourself "closer", unless you are getting closer to wash out.

Aug 16, 2007 5:58 pm

[quote=Bobby Hull]

[quote=Closer]As some of you know, I am starting at a wirehouse on Monday and resigning from MassMutual. I know that oftentimes firms come after you for training costs. I was careful to pay for all my own licensing fees just in case I decided to resign. What can I expect as far as litigation?


Question #2: What is the best way to resign? (In a way that my licenses will be easily transferred)
[/quote]

Didn't I tell you how to do it in a PM? Why are you wasting people's time? Noone gives a sh*t about you at your old company. You don't make them any money. Your ego is wrong about you having to have a great gameplan. Do you think they're going to be stunned at the giant sucking sound of productivity leaving the building? Get real and quit calling yourself "closer", unless you are getting closer to wash out.

[/quote]

I agree with Bobby on this.  Pack up your stuff in the middle of the night, leave the key on the desk, and have sex in the office before you take off.  That's what I did.

Aug 16, 2007 6:09 pm

OK. Hopefully they don’t give a sh*t. I’ll let you fellas know.

Aug 16, 2007 6:14 pm

Isn't there an employment contract of some kind?

[quote=Closer]OK. Hopefully they don't give a sh*t. I'll let you fellas know. [/quote]

Aug 16, 2007 6:20 pm

[quote=shadow191]

Isn't there an employment contract of some kind?

[quote=Closer]OK. Hopefully they don't give a sh*t. I'll let you fellas know. [/quote]

[/quote]

For him there are two options:

1.  He is not successful, therefore ex-broker won't care that he leaves...they would probably throw a party if he asked.

2.  He is successful and the wirehouse knows this.  They want him to bring over assets and will supply good lawyers to get the advisor and his clients.

Aug 16, 2007 6:55 pm

[quote=Closer]OK. Hopefully they don't give a sh*t. I'll let you fellas know. [/quote]

Good luck. If you get a chance, don't forget to rub your wee-wee on the mouthpiece of your manager's phone. That'll make you smile every time you think of him talking on your bonephone.

Aug 16, 2007 7:02 pm

Good luck. If you get a chance, don't forget to rub your wee-wee on the mouthpiece of your manager's phone. That'll make you smile every time you think of him talking on your bonephone.

That's good advice, but he should have been doing that every quarter for the past couple years anyway...

Aug 16, 2007 7:12 pm

[quote=Bobby Hull]

[quote=Closer]OK. Hopefully they don’t give a sh*t. I’ll let you fellas know. [/quote]

Good luck. If you get a chance, don't forget to rub your wee-wee on the mouthpiece of your manager's phone. That'll make you smile every time you think of him talking on your bonephone.

[/quote]

ROFLMFAO...I'm glad I never went into management.
Aug 16, 2007 7:15 pm

[quote=joedabrkr] [quote=Bobby Hull]

[quote=Closer]OK. Hopefully they don't give a sh*t. I'll let you fellas know. [/quote]

Good luck. If you get a chance, don't forget to rub your wee-wee on the mouthpiece of your manager's phone. That'll make you smile every time you think of him talking on your bonephone.

[/quote]

ROFLMFAO...I'm glad I never went into management.
[/quote]

As an adult man, with a family and children, what do you find funny about that sophomoric comment?

Aug 16, 2007 7:17 pm

As an adult man, with a family and children, what do you find funny about that sophomoric comment?

It's funnier if you actually have a penis. You'll just have to trust us.

Aug 16, 2007 7:18 pm

That you, DAtoo, were a manager, and, most likely, used a “bonephone” to talk with your wife.  I can assure you, if you’re half as annoying in person as you are here, you have spoken into a “bonephone.”

Aug 16, 2007 8:35 pm

[quote=snaggletooth][quote=shadow191]

Isn't there an employment contract of some kind?

[quote=Closer]OK. Hopefully they don't give a sh*t. I'll let you fellas know. [/quote]

[/quote]

For him there are two options:

1.  He is not successful, therefore ex-broker won't care that he leaves...they would probably throw a party if he asked.

2.  He is successful and the wirehouse knows this.  They want him to bring over assets and will supply good lawyers to get the advisor and his clients.

[/quote]

He's not successful.  We know this.  If he were, he wouldn't be switching over after being there for three months.

Aug 17, 2007 2:16 am

That’s true, I have not been successful. I have also not been unsuccessful. I simply leveraged my way into a wirehouse and will begin my career on monday. I am pretty stoked to get going with it.

Aug 17, 2007 2:27 am

[quote=Closer]That's true, I have not been successful. I have also not been unsuccessful. I simply leveraged my way into a wirehouse and will begin my career on monday. I am pretty stoked to get going with it. [/quote]

f**kin'-A, dude. I hope you have half the fun that I've had. You'll be loving life.

Aug 17, 2007 2:29 am

sweet dude

Aug 17, 2007 1:17 pm

[quote=Closer]Equally as helpful as what you just posted, but funnier. [/quote]

Very good.  I needed a laugh.  Glad to see you are not taking yourself too seriously.

If you did not sign a contract with the cost to leave spelled out, I would say you are fine.

Aug 17, 2007 2:37 pm

[quote=Closer]That's true, I have not been successful. I have also not been unsuccessful. I simply leveraged my way into a wirehouse and will begin my career on monday. I am pretty stoked to get going with it. [/quote]

Good luck......I hope you love cold calling.........

Aug 17, 2007 3:13 pm

O, I do.

Aug 17, 2007 4:03 pm

O, I do.

Come back to us in 6 months... Let us know if you still do...

Aug 17, 2007 11:03 pm

remind me in 6 months…

Aug 18, 2007 12:27 am

[quote=Closer]remind me in 6 months... [/quote]

Well? Did you pull the trigger?

Aug 18, 2007 1:03 am

Yes I did. I forgot that all of management was out on a trip to Lake Geneva. My “mentor” was out as well. I told all the office staff and left a resignation letter on his desk. Gave back all the materials and data. You are all right on, I doubt they will care.

I start Morgan Stanley at 9am on Monday.

Aug 18, 2007 1:18 am

[quote=Closer]Yes I did. I forgot that all of management was out on a trip to Lake Geneva. My "mentor" was out as well. I told all the office staff and left a resignation letter on his desk. Gave back all the materials and data. You are all right on, I doubt they will care.

I start Morgan Stanley at 9am on Monday.
[/quote]

Congrats. Work your ass off and have a blast.

Aug 18, 2007 1:21 am

I start Morgan Stanley at 9am on Monday.

 Be there at 7:00. They expect all brokers to be there to listen to the morning squawk box. Good luck!

Aug 18, 2007 1:35 am

Thanks, fellas.

Bobby you’re not so bad once you get 5 or 10 jokes about somebody out of your system. JK