What happened to these people? Did they fall off the table? Heard they might be in negotiitions with Stife to be acquired. Anybody with info?l
Maybe that is what is holding up the UBS transfer of offices to Stifel. I’ve got to go now. My wife is due for her next injection.
A friend of mine left EJ back in Feb to join them. I haven’t talked to him since. I hope that means he is busy. I will try giving him a call this week.
Hilliard. I have looked closely at them on two occasions over the years. I never felt comfortable that their management knew where they were headed as a firm, and I found the people that I dealt with to be unprofessional and lazy. That was my experience, but I am sure others feel differently.As far as Stife...I have no idea.
Having worked at Hilliard for less than a year, here is my take:1. Buyouts - yes, could happen but a couple months ago someone said Wachovia was buying them out too and that never materialized. 2. Hilliard has added 60+ brokers since around December of last year. In a firm with 400 brokers, that is a lot. I think they are digesting those transfers. 3. Hilliard is a good place to work if you like the "big fish/small pond" scenario. You get to talk to someone that knows you because organizationally it is very flat -brokers, back office, senior management -that's it. All they do it retail brokerage. I know several unprofessional and lazy brokers everywhere in town so that is not specific to Hilliard. Any other questions, feel free to shoot me a message.
I wasn’t speaking in regards to my relations with brokers, but specifically with management, recruiting, and the folks in Louisville. No offense to you BTW…
None taken. Whatever shortcomings Louisville has is made up for with the size of the firm (smaller is better in my opinion) and the effort you see by backoffice people to satisfy the brokers. I never interact with management there so unless they sell the firm, all I care about is the branch and back office.
Just about every regional firm out there is being shopped right now in one way or another. 9 out of the 11 largest was the last I heard.
I have a friend who worked at a Hilliard branch that was sold to PNC. She loved Hilliard. Nicest people in the back office she’s ever worked with. And that’s sayin’ something because she had previously worked for AG edwards. When PNC asked for brokers in her office to hand over all million dollar plus accounts to their in house advisors her team left the firm.
When PNC asked for brokers in her office to hand over all million dollar plus accounts to their in house advisors her team left the firm.
That is almost unbelievable!! The management at PNC must be rather dense to think that would actually fly...
PNC isn’t around any more (thank God) and Houchens, per our CEO, is the best partner a brokerage can have. Reference Berkshire Hathaway.
Hillard always had a good rep., except the PNC days, it’s much like Wheat First was back in the 70-80’s. Happy days. Hope they stay that way for you Gordo, you will be happy.
It’s the best for me right now (emphasis on right now). I’ve been doing this long enough to know not to drink too much of the company kool aid.