Wells Fargo Advisors

Aug 5, 2009 8:01 pm

It seems that most of the posts regarding Wells Fargo Advisors are negative to say the least. For those advisors that work for WFA or formally worked at WFA, what are the positives?

  I've heard the old AG Edwards training is a plus as is the old FINET. Where else do they stand out above the other traditional wirehouses?
Aug 5, 2009 8:06 pm

Just to clarify there are only 2 wires left… Isn’t FINET the indy side of Wells(Wach)

Aug 5, 2009 10:07 pm

positives positives positives positives nope cant think of any now. I’ll let you know when I do… wait I hear some firms charge for coffee, we get free coffe. Never mind have you seen the grid, we pay for the coffee.

Aug 5, 2009 10:39 pm
Squash1:

Just to clarify there are only 2 wires left… Isn’t FINET the indy side of Wells(Wach)

  What firms' are the last 2 wires?
Aug 5, 2009 10:45 pm

MSSB and Merrill. Come on man. Where have you been? 

Aug 5, 2009 10:56 pm

I was counting MSSB and UBS… Merrill is a bank

Aug 6, 2009 1:40 am
millionairemind:

positives positives positives positives nope cant think of any now. I’ll let you know when I do… wait I hear some firms charge for coffee, we get free coffe. Never mind have you seen the grid, we pay for the coffee.

  So, the name 'millionairemind' must not have anything to do with production.   The grid provided an increase in payout for both legacy groups.  That is, of course, assuming you are producing.
Aug 6, 2009 11:51 am
maddog:

[quote=millionairemind]positives positives positives positives nope cant think of any now. I’ll let you know when I do… wait I hear some firms charge for coffee, we get free coffe. Never mind have you seen the grid, we pay for the coffee.

  So, the name 'millionairemind' must not have anything to do with production.   The grid provided an increase in payout for both legacy groups.  That is, of course, assuming you are producing.[/quote] If you had one and are not just a dog you could do math. Gross divided by net = true payout. I hope I help unlock your mind. Who let the dog out - millionairemind
Aug 6, 2009 5:01 pm
iceco1d:

[quote=millionairemind][quote=maddog][quote=millionairemind]positives positives positives positives nope cant think of any now. I’ll let you know when I do… wait I hear some firms charge for coffee, we get free coffe. Never mind have you seen the grid, we pay for the coffee.

  So, the name 'millionairemind' must not have anything to do with production.   The grid provided an increase in payout for both legacy groups.  That is, of course, assuming you are producing.[/quote] If you had one and are not just a dog you could do math. Gross divided by net = true payout. I hope I help unlock your mind. Who let the dog out - millionairemind[/quote]   Actually, it would be NET divided by GROSS, dumbass.  How about I help unlock YOUR mind.  [/quote] That was Icecold sometimes my millionaire mind works quicker then my typing. Help me unlock my mind. A true dumbass is a person who thinks they are making more money with haircuts, extra ticket charges, and other fees. Maybe its just alot of ice cold kool aid.
Aug 6, 2009 6:00 pm

Oh yeah, your the door to door americanfunds dumba$$

Aug 6, 2009 6:05 pm

millionairemind, are you LA Broker?



I hope not. Because it seems like LA has more sense than you.



Aug 6, 2009 6:12 pm
millionairemind:

Oh yeah, your the door to door americanfunds dumba$$

  Lmao, Ice is gonna have a field day with you!
Aug 6, 2009 6:40 pm
Moraen:

millionairemind, are you LA Broker?

I hope not. Because it seems like LA has more sense than you.

Really, I forgot I'm a dunba$$ so you will have to explain it slowly. The funny thing is not one of you has backed anything up with fact.
Aug 6, 2009 6:42 pm
millionairemind:

[quote=Moraen]millionairemind, are you LA Broker? I hope not. Because it seems like LA has more sense than you.





Really, I forgot I’m a dunba$$ so you will have to explain it slowly. The funny thing is not one of you has backed anything up with fact. [/quote]



hundreddollarmind - How do you spell dumba$$? Is it with an “n” or an “m”?
Aug 6, 2009 6:49 pm

Here is something to back it up.



- I pay no ticket charges (client pays)

- I take no haircut (I receive 100% of the revenue I generate)

- I pay for MoneyGuide Pro, but if that fee has any effect on someone, they should not be in this business.

- All of the other fees still put my payout at significantly higher than a wirehouse or regional.



Here is a question for you, hundreddollar mind: Why do you continue to let your boyfriend tug your thong so hard? It just makes you mad and has you post crazy stuff on registeredrep. You know, domestic violence can be stopped if you girls just start saying “no”.

Aug 6, 2009 7:05 pm

I’d say theres a quite a few perks to WFA

  They are the second largest full-service provider of retail brokerage services in the U.S.   Third largest provider of managed accounts   Probably sets the tone for name recognition     and no i'm not a Wells-Fargo Advisor
Aug 6, 2009 7:18 pm
Moraen:

Here is something to back it up.

- I pay no ticket charges (client pays)
- I take no haircut (I receive 100% of the revenue I generate)
- I pay for MoneyGuide Pro, but if that fee has any effect on someone, they should not be in this business.
- All of the other fees still put my payout at significantly higher than a wirehouse or regional.

Here is a question for you, hundreddollar mind: Why do you continue to let your boyfriend tug your thong so hard? It just makes you mad and has you post crazy stuff on registeredrep. You know, domestic violence can be stopped if you girls just start saying “no”.

What are you talking about? Sorry Mr. Perfect I mean duMba$$. No one was talking about your model or your payout. I was talking about the WFA grid. So you can spell but not read or are you insecure and lonely you troll registered rep to start shizzzznick I bet thets not how you spell it
Aug 6, 2009 7:33 pm

+1 millionair.I’m indy. I pay no ticket charges. I have moneyguide pro.ex door knocking tools

Aug 6, 2009 7:42 pm
millionairemind:

[quote=Moraen]Here is something to back it up.

- I pay no ticket charges (client pays)
- I take no haircut (I receive 100% of the revenue I generate)
- I pay for MoneyGuide Pro, but if that fee has any effect on someone, they should not be in this business.
- All of the other fees still put my payout at significantly higher than a wirehouse or regional.

Here is a question for you, hundreddollar mind: Why do you continue to let your boyfriend tug your thong so hard? It just makes you mad and has you post crazy stuff on registeredrep. You know, domestic violence can be stopped if you girls just start saying “no”.

What are you talking about? Sorry Mr. Perfect I mean duMba$$. No one was talking about your model or your payout. I was talking about the WFA grid. So you can spell but not read or are you insecure and lonely you troll registered rep to start shizzzznick I bet thets not how you spell it[/quote]   I thought Curt Hennig died?
Aug 6, 2009 7:47 pm

You quoted me hundreddollar mind. So, I responded to you quoting me and talking about backing stuff up. So I backed it up. There is likely much more insecurity on your side since you actually call yourself “millionairemind” (a little pretentious, and probably the result of short man’s syndrome).



Is “thet” about right? Dumbass.

Aug 6, 2009 10:32 pm

Moron I meen Moraen yeahh thits rite u r  righte. U be my spelin B champ. Thks 4 ur help. Maureen you beeeeaattchhh.

Aug 6, 2009 11:47 pm

You’re welcome dumbass.

Aug 7, 2009 1:19 am

That username is pretty lame. I mean come on man. What are you 12? Whats does it mean anyways? 

Aug 7, 2009 3:02 am

This thread is funny.  I am confused about why you guys keep talking about stupid fish and why you keep spelling using shift-4.

Aug 7, 2009 4:19 pm
iceco1d:

[quote=millionairemind][quote=Moraen]millionairemind, are you LA Broker?

I hope not. Because it seems like LA has more sense than you.

Really, I forgot I'm a dunba$$ so you will have to explain it slowly. The funny thing is not one of you has backed anything up with fact. [/quote]

The funny thing is, you make 2 accusations in this post, and they are both wrong!

1.  The FACT is that NET / GROSS = actual payout.

2.  You were PROVED to be a DUMBA$$, by a)  spelling "dumbass" incorrectly, and b)  not being smart enough how to calculate payout WHILE YOU WERE MAKING FUN OF SOMEONE ELSE FOR TALKING ABOUT PAYOUT.

Not sure why you think I'm @ EDJ, nor do I know why you think I knock on doors (although, I see no problem with it), and I have no clue why you'd think I use American Funds...

That being said...if you'd like to chat and/or debate finance right now, on this thread, I'll be MORE than happy to humiliate you.
[/quote] 1) I do know how to figure it out typeo but I made a mistake so ill man up and take your crap on it   2) I was not makeing fun of anyone. My point was only the numbers are as corp makes them out to be ( as this was a better deal then 40%)   As to your EDJ it seems you enjoy giving everyone crap on almost every thread so I just haven a little fun sending some your was. Its was just a joke lighten up. I dont see anything wrong with the Jones model not for me - works for them
Aug 7, 2009 4:22 pm

[quote=AGEMAN]Positives about WFA…Let me think…

  Seriously I am obviously a legacy AGE guy so most of the change has been negative from my perspective, but there are some positives 1.  Some nice technology except contact management (broker vision where are you??) 2.  Lower acct fees/nuisance fees to the clients than the other major firms 3.  True open architecture--there has been zero product pressure 4.  Very good fee based options(they should refund those 12b1 fees to the client; however, or pay us on them.) 5.  Their bond inventory and selection is an upgrade from AGE. 6.  Good marketing support--designing ads, etc.  With a dedicated marketing support person.   My negative list would be longer, but I think for the most part WFA is the best of the big 4 from all of my comparisons. (Have been recruited by all the other 3 and turned them down)[/quote] Great points. My negatives are only based on comp and they want to tie the client to the firm not the advisor. Not sure if I blame, I guess most would if they could. Just not sure if this is the place to build a business.
Aug 7, 2009 4:35 pm

You know who had a millionaire mind ? Ted Kaczynski.

Aug 7, 2009 8:02 pm

This convo is hilarious!!! i love it!!

Nov 10, 2010 1:17 am

(moved thread).