4 Front
[quote=Herman Munster]
4 Front Status - Does anyone know when we're being paid for the Sept 30 snapshot? I heard Feb 15th? [/quote]Last time I called they said end of feb or early march so expect it in April maybe. What a joke
[quote=Ferris Bueller] [quote=Herman Munster]
[/quote]
Of what year?[/quote] Too bad Leno, Letterman, Conan dont follow the Forefront story, they could have material for their monologue on a consistent basis.
most have been approved by regional and are in the channel review. Payment is supposed to be right after that.
[quote=fritz]
]Too bad Leno, Letterman, Conan dont follow the Forefront story, they could have material for their monologue on a consistent basis.
[/quote]
no joke.
Here it is mid-January and they supposedly are now through the 2nd channel (whatever the hell that is). What have they been waiting for? This work was completed in September, and now more that three months later they just getting around to this stuff? There is always an excuse with this outfit. I took great delight in the fact that they had a big producer and his people walked out of a Michigan office last week. Serves the bastards right. They lie!
Expecting an e-mail by months end with payment by 2/15.
Anyone else hearing that?Hearing from home office and actually being done are 2 different things. If they are say feb 15 you could probably expect the documents in April.
They’re not great with communication are they?
[quote=Herman Munster]Expecting an e-mail by months end with payment by 2/15.
Anyone else hearing that? [/quote] What a mess. Glad I didn't push my June snapshot to Sept, as suggested by BOM. Can't wait to see how long the Dec snapshot extends.....What software are they using?
Once again turning to a public web site for information about 4 front.
What a mess. Anyone paid or have a contract yet. If I communicated with my clients like this I wouldn't have any.You hit the nail on the head! If we dealt with clients the way they deal with us, we would be toast.
That’s what I heard too! Then I heard docs will be out next week. That is months begining.
Its actually taken more time for the September snapshot/payment than it did for the June snapshot/payment!!!!
I can't believe that there has been no communication. They've actually updated the 4front website recently. It no longer states payment will be done in January. FWIW I heard at the beginning of the week that we would see our emails this week hopefully and payment within 10 business days. Keeping my fingers crossed.Anyone received emails for sept snapshot?
If you could afford to do it, you should tell them nevermind you dont want it anymore.the manager tool shows mine as being through channel review. I expect docs in the next week.
I was told that Sept snapshot ck’s were going out today…
You are kidding right? Checks without loan documents?
I took great delight as well. Can't wait until I can punch my own hole through the prison wall. I also know the guy and I gave him a call. Very good conversation. Too bad I am not in Michigan. He built a big branch and has open offices, but he says they are filling fast. If you do know the man, it is definately worth your time to call him.Here it is mid-January and they supposedly are now through the 2nd channel (whatever the hell that is). What have they been waiting for? This work was completed in September, and now more that three months later they just getting around to this stuff? There is always an excuse with this outfit. I took great delight in the fact that they had a big producer and his people walked out of a Michigan office last week. Serves the bastards right. They lie!
You are right about not taking their money (if offered). They will tie you down for about 10 years, and then they will cut your payout. Remember, according to the bank–you guys make way too much money…!
[quote=Ferris Bueller] [quote=fritz] [quote=Ferris Bueller]the manager tool shows mine as being through channel review. I expect docs in the next week.[/quote]
If you could afford to do it, you should tell them nevermind you dont want it anymore.[/quote]
I can afford to do it. Still have all of the original retention. It's just that they don't want to pay it, so I'm inclined to make them do it anyway. F them. They are hoping people don't do this program.[/quote] I think they would rather people sign up for the WF Cash Assistance Program
CHECK YOUR EMAIL!
Did u get yours? I didn’t see anything when I left at 4p
I remoted in. Letter came in anouncing award. Documents to follow within 3 days.
It’s there
Did everyone receive their emails or are they sending in batches?
You know, someone in another of these blogs made reference to dealing with the devil. You readily take what he gives you, and then you have to deal with him (in this case for another 9 years). And, then you are at his mercy. The money is tempting, but I don’t know if I want to associate with these people for another 9 years.
Take it up front. You can keep it if you go to Finet. They are paying for your first years expenses to go independent.
take the cash
leave later
pay back a settled amount, less than what you owe
win
Me too! as soon as the check hits my account I am going to do the pro forma. That is all I have been waiting on. I can’t see a reason not to go to FINET. You keep all of your clients. You keep all retention. You get a higher payout. Seems like a no brainer. I don’t see what I am missing.
It is never ending with them. They are just an a**hole outfit through and through.
You do have to payback all outstanding loan obligation including the 2007 wach retention before you can move to finet. FYI
You definately do not have to pay back any retention or 4Front money when you switch channels. The only thing you could lose is any deferred comp that is not payable yet and you would lose the back end of the retention that has not been paid as part of the AG- WAC merger. Allretention paid and 4Front money just gets repapered.
The idiot gave me the wrong information last week
Anyone see their 401k plan match for jan? Have not seen mine
I was also told that I would have to pay it all back before switching
Business development person for finet who emailed me the pro forma paperwork
Did not see it on mine either, maybe we get that back when we get the extra taxes taken out next year?Anyone see their 401k plan match for jan? Have not seen mine
[quote=agebroker5]Me too! as soon as the check hits my account I am going to do the pro forma. That is all I have been waiting on. I can’t see a reason not to go to FINET. You keep all of your clients. You keep all retention. You get a higher payout. Seems like a no brainer. I don’t see what I am missing.
[/quote] I don't see what you are gaining. Everything that you hate about the company will still be there. Not a thing will change except you are now even more dispensable. It is still the same company...technically yes, but the paperwork is repapered and the loan is still in force....I was also told that I would have to pay it all back before switching
I got the docs today. Keep the faith.
Did the numbers look ok based on assets?
Still ticking
Did everyone received their emails?
WF 401k match is now done quarterly. Look for it in April.
Looks like these f***ers are doing all they can not pay forefront. Householding issues? Really?
What exactly are they telling you SKbroker?
Branch manager, regional and channel view approved it but somewhere after that they flagged my plans based on bs household issues. Don’t know what that means but it looks like they don’t have enough Money to pay everyone so making up lame excuses not to pay. Class action anyone?
Did you receive loan docs?
They might be using the Forefront money for the WF Advisor Cash Flow Assistance Program.. Once the brokers pay that money back next year, I am sure the money will be given out in short order.Branch manager, regional and channel view approved it but somewhere after that they flagged my plans based on bs household issues. Don’t know what that means but it looks like they don’t have enough Money to pay everyone so making up lame excuses not to pay. Class action anyone?
I was told the same thing today about householding. several guys in our branch are looking into class action lawsuit through a firm in new york that specializes in these ytpe of cases.
This is such BS. What a monumental handjob.
never seen so many crooks in one firm
CLASS ACTION! What are you stupid. How many times do you have to get screwed before you wake up and realize the only way things will get better is to find a new place to run your practice.
Finally received my email this week. It got tied up because I am in PF.
Hopefully we see the docs soon. I can't believe it'll be 6 months since I originally thought/was told I'd get paid. Its a year since I thought I was going to get retention. I'm only going to get about 30% of my 2008 year end. I'll be happy when this is over.[quote=20yrVet]Finally received my email this week. It got tied up because I am in PF.
Hopefully we see the docs soon. I can't believe it'll be 6 months since I originally thought/was told I'd get paid. Its a year since I thought I was going to get retention. I'm only going to get about 30% of my 2008 year end. I'll be happy when this is over. [/quote] The only way it will be over is when you leave that $#!T firm. After 20 years you should be able go out on your own.Cha Ching - on to the next snapshot.
Yes - I figured they would at some point but the communication could have been better.
So if the shoe was on the other foot, and you owed them 400k how long would they wait?
They have you guys on a rope You guys should start wearing dresses instead of suits![quote=Ferris Bueller] 400k hit my account this morning. Yes it took longer than promised and the communication sucked, BUT
As I thought, It came. Naysayers can go kill themselves now. [/quote]
400 jingles.
nice little monday surprise.
go piss some away on something dumb
Anyone still waiting for their emails?
[quote=Ferris Bueller] [quote=Greenbacks]
They have you guys on a rope.
[/quote]
what a biz.
explain this to ur bud from real estate out of a job:
well, Im really, really fukcing pissed.
the c***sukcers gave me 400 grand for staying at the firm!
MF’s can you believe it?
and guess what?
i had to fill some forms out.
i might sue
man. so unfair
(we are so lucky)
got my loan docs last night. should be paid by mid march. process has been a trainwreck, but the cash provides some redemption.
Any explanations or outcomes on the house-holding hang
ups?I heard there were about 2000 qualified for forefront and 100 were flagged. Wrote the regional an email and finally got mine through and should receive email in next day or so.
I know this is an old thread but same old topic. Anyone know anything about the final snapshot payout from last June 30, 2010? Nobody in our area has a clue when payout is coming. Geez, 8 months after and no clue...
The guys in my branch that had it coming received their contracts about 10 days ago.
Got an e mail couple of weeks back with form to fill out on how much to allocate to CA. Also a contract of sorts. No word back or check or anything. I guess the longer they make you wait the more will get frustrated and quit
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