BAI lays off Client Managrs

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Jan 9, 2009 8:43 pm

It begins. I heard today that most of the CMs were walked out today.

Jan 9, 2009 8:55 pm

WTF is a client manager

Jan 9, 2009 8:58 pm

broker doing under 500K??

Jan 9, 2009 9:03 pm

good. more money in motion

Jan 9, 2009 9:03 pm

nope just sad that our economy drags many good people into the unemployment line.

Jan 9, 2009 9:06 pm

I guess you can expect more of that from not just BOFA, but Wells as well.

Makes you wonder how the MS FA's feel each day wondering when they will be bought by a bank.
Jan 10, 2009 1:17 pm
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Client managers are the bank side partners that refer investment business to BAI reps.

Jan 10, 2009 1:47 pm

client managers are the managers that are over the assistants in the Merrill Branches.