Key Investment Services (Key Bank)
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Does anyone have information to share on Key Investment Services? I was approached with what seems like a great offer.....if I were able to swallow my pride and sit in a lobby, I'd make a ton of dough.
CRM, Planning Software (simalar to frontier analytics), technology?
Any thoughts would help.
My guess it is the same as any bank platform(less choices then you have now…depending on where you are… in terms of investment options)
If you are able to get referrals from bankers/mortgage/tellers.
Of course you will have a built in database of prospects who have money available.
Having worked in a bank(Bank One) sometimes there aren’t incentives for people to refer.
Also there used to be a conflict between investment rep and branch manager(manager’s bonus was based on profitability, and investments didn’t count for very much)…
CRM will be based on bank software(probably proprietary system)
[quote=Baba Booey]
Does anyone have information to share on Key Investment Services? I was approached with what seems like a great offer.....if I were able to swallow my pride and sit in a lobby, I'd make a ton of dough.
CRM, Planning Software (simalar to frontier analytics), technology?
Any thoughts would help.
[/quote] Isn't that the point? More money = more clients = larger book = future flexibility to do whatever the hell you want. That is the way I look at it, but I am at a bank so I am an idiot anyways, .Tell you what Ron … I know you get a dose of $hit hereabouts, but I think you got a great deal.
I don't know what the problem is, sitting in a lobby. Is that somehow worse than sitting in my office at Jones??There is some branch level BS you have to deal with, but all in all it is very similar. I still have to hunt people down, make phone calls and prospect because I only got a few mil in assets. The main difference is people have a relationship with the bank so when you approach people face to face or on the phone you aren't just jumping out of the bushes at them.