Man I work with the government and we know that there is about to be a massive retirement over the next 10 years. The bottom line is many of these employees have worked for 30 years. They will get 60% of income. Some will be a contracted job doing the same tasks with additional income.

BankFC, I completly agree with you about being better (more knowledgable?), right place or being connected.

As for "add value" I was not aware of wholesalers promoting this... 

Joe,

I love it.  Same crap recycled over and over again.  When I was a newbie at ML I was jealous that the wholesalers passed us in the bull pen by for the folks with offices (office = $250,000 min production where I was).  Now, I could have dinner paid for twice a week if I wanted, although I'd rather hear fingernails on a chalkboard than to listen to one more wholesaler that hasn't ever even been a broker talk to me about whatever.

Damn salesmen. 

[quote=BankFC]

Joe,

I love it.  Same crap recycled over and over again.  When I was a newbie at ML I was jealous that the wholesalers passed us in the bull pen by for the folks with offices (office = $250,000 min production where I was).  Now, I could have dinner paid for twice a week if I wanted, although I'd rather hear fingernails on a chalkboard than to listen to one more wholesaler that hasn't ever even been a broker talk to me about whatever.

Damn salesmen. 

Glad to hear that others agree that wholesalers are nothing but a distraction from our real job…Gathering assets.