WFA is hiring new advisors!
My friend was just hired by WFA as a trainee!!! Did anyone know about this??
This is certainly exciting news.
How interesting. Let’s see…I’ll stretch it and give him a 1 in 10 chance of being around in a couple of years. I’ll put my next forefront payment on it. Any takers?
Oops, maybe I read your post wrong. What part did you want to know if we knew about? That you have a friend, that WFA is hiring jackasses now and calling them trainees, or your friend the jackass got hired by a firm that is losing bigger producers left and right.I'll take that bet. I can show him how to always have a crumpled up piece of paper with random names on it in his back pocket for that time when his manager unexpectedly asks him for his "prospect list". They'll give him the first year for free, then this should buy him another, and I win the bet. I am a rainmaker.
And this is a shock? They need to fill all the empty seats somehow!
I will tell you this.....He made it once at Merrill, moved out of state and worked as a wholesaler. He is a very hard worker and has a good chance. I just can't believe this place is offering salary!!!!How interesting. Let’s see…I’ll stretch it and give him a 1 in 10 chance of being around in a couple of years. I’ll put my next forefront payment on it. Any takers?
Every Monday, throw some fresh, partial filled acat forms across the desk. You know, in case the manager stops by. That’s what I do. I am a rainmaker.
Yeah, they do give the rookies a salary draw…
You lost already Winston. I will have no forefront money to hand over because I will not check the POR box.Ask if they offer “wrap fee accounts”? Managers love that.
Better yet, ask why the “older brokers” don’t accept “managed money” as part of their business. Your friend will be VP the next day.
I find it amusing that companies like WFA and ML lost tons of seasoned advisors over the past year and now they go on hiring binges. How long and how much money spent on new hires will it take to replace the amount of assets that were moved out? What % of the new hires will ever become top producers? All of these companies took a giant leap backwards in terms of it’s sales force talent this year.
This is certainly exciting news.
This might be post of the year.
funny
oh and tell them you love “structured products”!
UBS has more witch hazel structured alternative reverse repo principal protected screw the client garbage then any firm on the planet.
I get like 3 emails a day on this crap. dumb
Force out people under 250K with cuts or some BS payout..then couple thousand point move on the DOW, "we better get our headcount back up, the market is better" then hire hundreds of trainees with training, failed series 7 exams, then the about 97% attrition rate I have seen the past 10 years. Makes sense to me!! Gosh the way this business is run in amazing, others in the real business world would not believe the model. Also then pay someone on a manipulated t-12 which most brokers rarely ever duplicate at the new firm. Pure Genius.I find it amusing that companies like WFA and ML lost tons of seasoned advisors over the past year and now they go on hiring binges. How long and how much money spent on new hires will it take to replace the amount of assets that were moved out? What % of the new hires will ever become top producers? All of these companies took a giant leap backwards in terms of it’s sales force talent this year.
Sure seems like there is a lot of sour grapes around here. I’ve yet to get an answer where a better deal is not to include indy. This ends my second calender year and I’ve received over $80,000 in bonus $$ over and above grid. I’m crying all the way to my upper mid 6 figure salary.
I don't see any sour grapes???? I think it's insane to pay a trainee right now. There are far less assets available. If there was a 90% washout rate before, I will be terrified at the new one. 99.9??? You don't make that kind of money or you wouldn't be here. Stop it.Sure seems like there is a lot of sour grapes around here. I’ve yet to get an answer where a better deal is not to include indy. This ends my second calender year and I’ve received over $80,000 in bonus $$ over and above grid. I’m crying all the way to my upper mid 6 figure salary.
Guess you don’t know how this business works. As far as the cash, yes I do. That fact you find that unbelievable is a reflection of you. It takes huge balls to make it in this gig now or then. If you think it’s hard now try starting in a protracted bull market.
Plenty make that kind of money, however they are far too busy for silly forums. Stop it. Bull markets are easy.......buy buy buy buy buy! Again, stop it. I have been in this biz for quite a while my friend.Guess you don’t know how this business works. As far as the cash, yes I do. That fact you find that unbelievable is a reflection of you. It takes huge balls to make it in this gig now or then. If you think it’s hard now try starting in a protracted bull market.
Plenty make that kind of money, however they are far too busy for silly forums. Stop it. Bull markets are easy.......buy buy buy buy buy! Again, stop it. I have been in this biz for quite a while my friend.[/quote] The dupe writes ..." I think it's insane to pay a trainee right now. There are far less assets available" It's called the "Merrill Model" Look it up and all will be revealed. "they are far too busy for silly forums" Oh like yourself meat head? In a protracted bull market people see their statement increase each month and the last person that they want to talk to is a broker. But then you've never been there hence your lack of understanding. What's up with the "stop it stop it stop it" routine. Are you menstruating? PS you are not my friend.[quote=Gaddock]Guess you don’t know how this business works. As far as the cash, yes I do. That fact you find that unbelievable is a reflection of you. It takes huge balls to make it in this gig now or then. If you think it’s hard now try starting in a protracted bull market.
Upper middle 6 figure, does that mean 800,000++ Take home? That would be amazing.Sure seems like there is a lot of sour grapes around here. I’ve yet to get an answer where a better deal is not to include indy. This ends my second calender year and I’ve received over $80,000 in bonus $$ over and above grid. I’m crying all the way to my upper mid 6 figure salary.
our biz is the worst
we always call bottoms and tops
The one good thing about UBS freaking out firing everyone in march was…bingo there is the bottom
Upper middle 6 figure, does that mean 800,000++ Take home? That would be amazing.[/quote] No, I could have phrased that a lot better than I did ... make that upper mid $100K's. My t12 is just over $340k. My goal is $500k for production year three. I'll be in the 800's within 5 years. beyond that I don't care. My goal at that point would be to keep up the production and work as little as possible. Not quite amazing but enough to put me first in my class.[quote=Gaddock]Sure seems like there is a lot of sour grapes around here. I’ve yet to get an answer where a better deal is not to include indy. This ends my second calender year and I’ve received over $80,000 in bonus $$ over and above grid. I’m crying all the way to my upper mid 6 figure salary.
Upper middle 6 figure, does that mean 800,000++ Take home? That would be amazing.[/quote] No, I could have phrased that a lot better than I did ... make that upper mid $100K's. My t12 is just over $340k. My goal is $500k for production year three. I'll be in the 800's within 5 years. beyond that I don't care. My goal at that point would be to keep up the production and work as little as possible. Not quite amazing but enough to put me first in my class. Not Bad, agree on the getting it up and enjoying life.[/quote][quote=fritz][quote=Gaddock]Sure seems like there is a lot of sour grapes around here. I’ve yet to get an answer where a better deal is not to include indy. This ends my second calender year and I’ve received over $80,000 in bonus $$ over and above grid. I’m crying all the way to my upper mid 6 figure salary.
Upper middle 6 figure, does that mean 800,000++ Take home? That would be amazing.[/quote] No, I could have phrased that a lot better than I did ... make that upper mid $100K's. My t12 is just over $340k. My goal is $500k for production year three. I'll be in the 800's within 5 years. beyond that I don't care. My goal at that point would be to keep up the production and work as little as possible. Not quite amazing but enough to put me first in my class.[/quote] I had no idea you meant 100k! Big deal who cares.....I thought you meant above 500k. Oh ya....interesting you mention your class? I had a class when I was 3 years in the biz, but not anymore. Seems you are the one that has never lived through a bull mkt! You are a liar and now everyone knows it. I was just being polite with the "friend" comment, but why do I need to do that on a forum where I can be anonymous? Oh ya.....I have class. good luck with the 800k. That's a good goal. The "Merrill model?" Didn't they go under??????? Great model[quote=fritz][quote=Gaddock]Sure seems like there is a lot of sour grapes around here. I’ve yet to get an answer where a better deal is not to include indy. This ends my second calender year and I’ve received over $80,000 in bonus $$ over and above grid. I’m crying all the way to my upper mid 6 figure salary.
Your a blowhard f-ing moron. I’ll have great fun rattling your cage. Please post more for us to laugh at!! What would you call the market before the bubble popped eyyy sport?
FYI "Merrill Model" = hire as many as you can knowing they will fail. They are used as prospecting mules so the other brokers split the accounts when they starve out. This is common knowledge how come you never heard of it?[quote=Gaddock]
Not quite amazing but enough to put me first in my class.[/quote]
I’ve seen your other posts.
Im betting there no broker BS in those numbers
That’s awesome.
Especially in this market.
You will be doing 7 figs in 5 years
Gaddock,
Are you indy?Can we get back on topic here?
Christmas Day...best day for cold calling...everyone is home. I'll hand in my call sheet at noon, losers.[quote=Shania Twain] [quote=Gaddock]
Not quite amazing but enough to put me first in my class.[/quote]
I've seen your other posts.
Im betting there no broker BS in those numbers
That's awesome.
Especially in this market.
You will be doing 7 figs in 5 years [/quote] Thanks for the kind words and yes those numbers are for real. I prospected hard and got VERY lucky. I was able to get the account of a place where a certain group of people, who are commonly known to have money, worship. I now have almost the all of the endowment committees accounts. When folks of this particular religion come down to retire I'm the guy running the endowment with GREAT success. I got incredibly lucky. But I made that luck with over 25,000 cold calls in year one. I've gotten somewhat complacent cold calling since I get referrals. My new years goal is to send out 1000 letters a week (a letter that has been the most productive in AGE's history according to my manager) and try to get some managed money / annuity business. My manager(s) and I have agreed that I am working my way to run a PIM and eventually FINET. Only time will tell. MERRY CHRISTMAS!!!! Chris, No. I started with AGE and I'm still riding that serpent.
[quote=Winston Smith]
Can we get back on topic here?
Christmas Day...best day for cold calling...everyone is home. I'll hand in my call sheet at noon, losers.[/quote]Just my opinion but only the worlds biggest AH cold calls on Christmas.
Anyone that has to cold call should not be on this board. Besides most everyone here has already claimed to be 300k + producers. Some at 1mm+. Someting wrong with this picture.
Why is that? I would think its just the opposite not to include business hours,Anyone that has to cold call should not be on this board.
[quote=Gaddock][quote=Shania Twain] [quote=Gaddock]
Not quite amazing but enough to put me first in my class.[/quote]
I've seen your other posts.
Im betting there no broker BS in those numbers
That's awesome.
Especially in this market.
You will be doing 7 figs in 5 years [/quote] Thanks for the kind words and yes those numbers are for real. I prospected hard and got VERY lucky. I was able to get the account of a place where a certain group of people, who are commonly known to have money, worship. I now have almost the all of the endowment committees accounts. When folks of this particular religion come down to retire I'm the guy running the endowment with GREAT success. I got incredibly lucky. But I made that luck with over 25,000 cold calls in year one. I've gotten somewhat complacent cold calling since I get referrals. My new years goal is to send out 1000 letters a week (a letter that has been the most productive in AGE's history according to my manager) and try to get some managed money / annuity business. My manager(s) and I have agreed that I am working my way to run a PIM and eventually FINET. Only time will tell. MERRY CHRISTMAS!!!! Chris, No. I started with AGE and I'm still riding that serpent.[/quote] WOW!!! You got me. I'm already a PIM manager little boy. Want to know about the APL trading system. How to enter and correct block orders?????? I know the " Merrill" system" and I stand by my words. Rattle my cage. What a JOKE!!! Keep up the hard work. GOod job being"first in your class"
Yup, this is why I visit these forums. To see grown men measuring thier schlongs. Very mature. Let’s try to get back to being a professional forum and talk about things going on in our industry.
Why is that? I would think its just the opposite not to include business hours, [/quote] If your worried about cold calling, you should be doing it at 11:27am on a saturday morning instead of posting on here. Everyone knows that you have a higher statistical chance of contacting prospects via cold calling between 9-12 on a saturday morning than any other day of the week, even if it is the day after christmas. BTW, what class # are you in? It'll be real easy to verify the authenticity of your year 2 t-12 of 340k.[quote=Bud Fox]Anyone that has to cold call should not be on this board.
[quote=Bud Fox]
Gaddock claims, No, I could have phrased that a lot better than I did ... make that upper mid $100K's. My t12 is just over $340k. My goal is $500k for production year three. I'll be in the 800's within 5 years. beyond that I don't care. My goal at that point would be to keep up the production and work as little as possible. Not quite amazing but enough to put me first in my class.[/quote] 340k in year 2 is not only amazing but practically unheard of. My contact in WFA training said the only person in recent history to do that was Tyson Ray. So fess up....... [/quote] At AGE you would have recieved the Albert Gallatin award!!! There were 10 given out in 100 years![quote=Bud Fox]
Gaddock claims, No, I could have phrased that a lot better than I did ... make that upper mid $100K's. My t12 is just over $340k. My goal is $500k for production year three. I'll be in the 800's within 5 years. beyond that I don't care. My goal at that point would be to keep up the production and work as little as possible. Not quite amazing but enough to put me first in my class.[/quote] 340k in year 2 is not only amazing but practically unheard of. My contact in WFA training said the only person in recent history to do that was Tyson Ray. So fess up....... [/quote] You have no contact, what you believe or don't makes no diff & I never CC'd on Saturday.[quote=Gaddock][quote=Bud Fox]
Gaddock claims, No, I could have phrased that a lot better than I did ... make that upper mid $100K's. My t12 is just over $340k. My goal is $500k for production year three. I'll be in the 800's within 5 years. beyond that I don't care. My goal at that point would be to keep up the production and work as little as possible. Not quite amazing but enough to put me first in my class.[/quote] 340k in year 2 is not only amazing but practically unheard of. My contact in WFA training said the only person in recent history to do that was Tyson Ray. So fess up....... [/quote] You have no contact, what you believe or don't makes no diff & I never CC'd on Saturday.[/quote] Oh really......I think you'll find I am not like Be Patient as I can back up what I am saying. My contact is Bill Szalkowski and you've been called out to prove your not a bottom feeding producer.Reinstate Glass-Steagal PLEASE…
Amen.[quote=Bud Fox][quote=Gaddock][quote=Bud Fox]
Gaddock claims, No, I could have phrased that a lot better than I did ... make that upper mid $100K's. My t12 is just over $340k. My goal is $500k for production year three. I'll be in the 800's within 5 years. beyond that I don't care. My goal at that point would be to keep up the production and work as little as possible. Not quite amazing but enough to put me first in my class.[/quote] 340k in year 2 is not only amazing but practically unheard of. My contact in WFA training said the only person in recent history to do that was Tyson Ray. So fess up....... [/quote] You have no contact, what you believe or don't makes no diff & I never CC'd on Saturday.[/quote] Oh really......I think you'll find I am not like Be Patient as I can back up what I am saying. My contact is Bill Szalkowski and you've been called out to prove your not a bottom feeding producer.[/quote] LOL thanks for the laugh dupe.[quote=AGEMAN]My new years goal is to send out 1000 letters a week (a letter that has been the most productive in AGE’s history according to my manager) and try to get some managed money / annuity business. My manager(s) and I have agreed that I am working my way to run a PIM and eventually FINET.
Hey Gaddock--does your branch cover the cost of the mailing and what letter is it if you don't mind saying?? Glad to hear you are doing well!![/quote] Yes, they are. The guy in the next office to me is the top guy in his class after 5 years (BUD call Bill on that too hee hee). This has been his prospecting method for the last couple years. I'll PM you the title you can find it on infomax...[quote=Gaddock][quote=AGEMAN]My new years goal is to send out 1000 letters a week (a letter that has been the most productive in AGE’s history according to my manager) and try to get some managed money / annuity business. My manager(s) and I have agreed that I am working my way to run a PIM and eventually FINET.
Hey Gaddock--does your branch cover the cost of the mailing and what letter is it if you don't mind saying?? Glad to hear you are doing well!![/quote] Yes, they are. The guy in the next office to me is the top guy in his class after 5 years (BUD call Bill on that too hee hee). This has been his prospecting method for the last couple years. I'll PM you the title you can find it on infomax...[/quote] I wish I had your manager. $440 a week!! You have to do 50k a year in gross just to cover the cost....and that's after you exceed the hurdle. Wow, nice guy. What's your manager's name? I'm switching offices, this guy is an idiot! I'm on the west coast and I believe you are too. I've never seen letter writing work ( except 10 years ago for insurance )It's cool man.
Don’t know if this is true, but a guy in another WFA office told me that a former AGE office near Chicago got up and walked out recently. What I was told was that this was a pretty good office, and that they all went to Raymond.
[quote=Bud Fox]
What class you in there Mr. Gaddock? We can bury it all right here & now. I will proclaim you as the Messiah once you give that 3 digit code and we find out if it has a year 2 trainee at 340k.
[/quote] Gaddock has contradicted himself so much here who knows what's true. First he accuses me of never living through a bull mkt. Then, we find out he's 2-3 years in. He did 340k in production, oops He meant 250k. Telling the truth could avoid all of this Gaddock. No one here cares what each other has done. Good or bad, but is honesty too much to ask for? ( I'm not trying to be a d***, but let's have an honest discussion )[quote=BigKahuna][quote=Bud Fox]
What class you in there Mr. Gaddock? We can bury it all right here & now. I will proclaim you as the Messiah once you give that 3 digit code and we find out if it has a year 2 trainee at 340k.
[/quote] Gaddock has contradicted himself so much here who knows what's true. First he accuses me of never living through a bull mkt. Then, we find out he's 2-3 years in. He did 340k in production, oops He meant 250k. Telling the truth could avoid all of this Gaddock. No one here cares what each other has done. Good or bad, but is honesty too much to ask for? ( I'm not trying to be a d***, but let's have an honest discussion )[/quote] Sure Bud I'll be happy too. Just PM me your name, address and SS number and you'll have it you f-ing idiot. Both of you are perfect examples of how a person can read something, not understand what was said, distort it and then make asinine claims and requests. Just to clear one Small thing up for both of you idiots I said it is my TT12 for my second CALENDER YEAR. READ THAT JACK ASSES CAAAAAAAAAAAALENDER YEAR Understand? GET IT? is that clear BUD????? How about you Bigc***sucker? Since you have the brain of a Gerbil let me break it down for you .... Let's say a person begins production in lets say April, YOU WITH ME STILL????? When the first comes around that's not a full year, IS IT GETTING THROUGH????? So when the next year comes around that would be the first calender year in production even though they have been in production for 21 months. Break out your fingers and toes and do the math. NOW ADD 12, since you've run out of digits I'll do it for you ... 33 months would be the end of the second calender year. The fact that you think it's such an outrageous number shows what a couple of PIKERS you chumps are. C'Mon girls all you have to do is have all your months above 25k with a few over thirty. Must suck to be you. See you in the funny papers.Gaddock is full of sh!t. and talks too much. stfu. nobody cares about your b!tch a$$ t12 or your 1000 letters horsesh!t. fkn poser. fk off. getting tiresome reading your ckbite bs.
Poor jealous little Piker the joke is on you.
Yet you can't stop reading it hee hee.great comeback twattt.
great comeback twattt.
[quote=Gaddock][quote=BigKahuna][quote=Bud Fox]
What class you in there Mr. Gaddock? We can bury it all right here & now. I will proclaim you as the Messiah once you give that 3 digit code and we find out if it has a year 2 trainee at 340k.
[/quote] Gaddock has contradicted himself so much here who knows what's true. First he accuses me of never living through a bull mkt. Then, we find out he's 2-3 years in. He did 340k in production, oops He meant 250k. Telling the truth could avoid all of this Gaddock. No one here cares what each other has done. Good or bad, but is honesty too much to ask for? ( I'm not trying to be a d***, but let's have an honest discussion )[/quote] Sure Bud I'll be happy too. Just PM me your name, address and SS number and you'll have it you f-ing idiot. Both of you are perfect examples of how a person can read something, not understand what was said, distort it and then make asinine claims and requests. Just to clear one Small thing up for both of you idiots I said it is my TT12 for my second CALENDER YEAR. READ THAT JACK ASSES CAAAAAAAAAAAALENDER YEAR Understand? GET IT? is that clear BUD????? How about you Bigc***sucker? Since you have the brain of a Gerbil let me break it down for you .... Let's say a person begins production in lets say April, YOU WITH ME STILL????? When the first comes around that's not a full year, IS IT GETTING THROUGH????? So when the next year comes around that would be the first calender year in production even though they have been in production for 21 months. Break out your fingers and toes and do the math. NOW ADD 12, since you've run out of digits I'll do it for you ... 33 months would be the end of the second calender year. The fact that you think it's such an outrageous number shows what a couple of PIKERS you chumps are. C'Mon girls all you have to do is have all your months above 25k with a few over thirty. Must suck to be you. See you in the funny papers.[/quote] Wow......words from a true professional......Poor Bud just can’t accept that others have success. What’s up with that Bud?
Guess what it's 100% accurate. So worship away if that's your gig... LOLSource URL:https://www.wealthmanagement.com/forums/whats-firms/wfa-hiring-new-advisors