I love the Commonwealth ad set inside the online article. Does the article foreshadow future growing pains for LPL? We know they are a great outfit, but they will be bumping up against a lot of situations like this as LPS feeds the need to grow, and it may make the whole objectivity attribute (rap)  look less meaningful.

" as LPL feeds"

This would hurt my biz a bit if it happened, I love JNL product when I use VAs.

[quote=csmelnix]This would hurt my biz a bit if it happened, I love JNL product when I use VAs.[/quote]

If the firm that I was with wouldn't let me sell JNL, I'd leave within a couple of weeks.

[quote=csmelnix]This would hurt my biz a bit if it happened, I love JNL product when I use VAs.[/quote]

This coupled with the issues of LPL and their 3rd party FBAM programs makes me wonder what is next. BTW, I understand that goes into effect on Sept. 1st.

I like the JNL product also.  It sounds like JNL folded at the threat.  I don't like this kind of game at all, but I understand why LPL did it...they were protecting the investment that they had just purchased.  Sounds like NP was paying some HUGE up-front bonuses for indies...I've never heard of 40%+ for indies, but there's no doubt that would be enticing for some folks, particularly if they were looking at wholesale changes because their B/D had just been swallowed up.

I'm a little uncomfortable reading about things like this, but I'm still far from convinced that this firm isn't the best fit for my business.  LPL knows that changing B/D's is a pain in the behind, so they know they have a little wiggle room with those of us already on board, but I hope and believe that they'll know where the line is and not cross it.  I'm in no way looking to make a move, but I have my limits...as my last employer found out.  The only thing I'm certain of at this point is that I never want to be an employee again...I think my B/D has plenty of control even in an independent arrangement.

I saw JNL at the Chicago city tour last week and as far as I could tell, it was business as usual for them...

Pardon, what is the third party FBAM program? LPL appears so solid, built from the ground up, rep centric with an independent product focus. I guess the JNL threat is crossing some sort of line, like Bobby says, it would make you want to drop them like a hot potato, or at least not consider joining, so what are they thinking.

I'd take that whole article with a grain of salt.  Come on:

"the firm reportedly said"
"industry observers said"
"According to advisers, executives at rival broker-dealers and recruiters, officials at LPL of San Diego and Boston"
"the alleged hardball tactics"

This reads like an article from "The Onion."

[quote=FreedomLvr]

I’d take that whole article with a grain of salt.  Come on:

"the firm reportedly said"
"industry observers said"
"According to advisers, executives at rival broker-dealers and recruiters, officials at LPL of San Diego and Boston"
"the alleged hardball tactics"

This reads like an article from "The Onion."

Joe…you’ve got the wrong guy…FreedomLvr isn’t Freedom Advocate.



BTW…empty your mailbox, will ya?

[quote=Philo Kvetch]Joe…you’ve got the wrong guy…FreedomLvr isn’t Freedom Advocate.



BTW…empty your mailbox, will ya?[/quote]

Ooops sorry.

Emptying my inbox right now.

Woah, Joe.  Up past your bedtime last night?  You know how cranky that makes you…  Apology accepted.

[quote=joedabrkr] [quote=FreedomLvr]

I'd take that whole article with a grain of salt.  Come on:

"the firm reportedly said"
"industry observers said"
"According to advisers, executives at rival broker-dealers and recruiters, officials at LPL of San Diego and Boston"
"the alleged hardball tactics"

This reads like an article from "The Onion."

[/quote]

I thought you were leaving?

I guess, as usual, you changed your mind.  Aren't you able to get the attention you need somehwere else...like where people have time to waste on human excrement like yourself?
[/quote]

Tried to give you a benefit of a doubt and not classify or include you, but it's very evident how you use aliases to be a cyber bully, too ...and may even be Bobby Bully.  You are the KING of aliases, too many to mention.  Like to put the focus on others to evade fact that it's you who use many aliases.  

I've plainly said I've left the site but you continue to bash/trash me!  I don't care how many posters create names with deviations of FREEDOM or names I've used!  You are a total, 100% jerk, no doubt about it.  Furthermore, we had shared a few friendly pm's and then you proceed to publicly bash me as you did:  you have no class.  You like to hang on to pm's to help you change writing styles to build up your Repertoire of aliases.  It's you who is the excrement!  -- thinking you can control this site.  This isn't your site and you don't control it, as much as you try.  But you should seek help since you do talk to yourself way too much: yeah, everyone is really fooled here when you answer your own posts with different alias names.  You, pratoman and Bobby Bully as well as bully pups in training are the SAME: cut from the same cloth (whether you 'might' be different people of not). 

I'm very wise to alias behavior:  you are the expert in how you pupeteer your various aliases to achieve the cause you want.

I have lost interest in posting on a website that is contaminated with the likes of you and your aliases to include Bobby Bully.  Well, let's hope you wouldn't be that evil!  Creating an alias FreedomLuvr to include FredomA specifically so you can bash me is really a little too much.  Grow up, you pathetic, immature moron. 

http://www.computerhope.com/jargon/c/cyberbul.htm

I tried not to include you and had thought better of you but your true colors shine through.  Leave me alone: I've left the site! 

You have no class and bring discredit to this forum and to your profession when you trash/bash posters.  You do NOT have to be a rep to post here, like it or not.  You (to include your aliases) do not control this board.

Goodbye!  Best Regards! 

PS:  However, I don't think you are whomit.  Whomit (Mr.A) had enough of this site, too and split.

Too bad:  he was the only interesting, intelligent poster with a little class on this site. 

FreedomLvr was here long before you. So if anything it’s you who coopted

the Freedom moniker.

Very well.

Bye Bye then.

[quote=FreedomAdvocate]

Very well.

Bye Bye then.

[quote=FreedomAdvocate]

Tried to give you a benefit of a doubt and not classify or include you, but it’s very evident how you use aliases to be a cyber bully, too …and may even be Bobby Bully.  You are the KING of aliases, too many to mention.  Like to put the focus on others to evade fact that it’s you who use many aliases.  

I've plainly said I've left the site but you continue to bash/trash me!  I don't care how many posters create names with deviations of FREEDOM or names I've used!  You are a total, 100% jerk, no doubt about it.  Furthermore, we had shared a few friendly pm's and then you proceed to publicly bash me as you did:  you have no class.  You like to hang on to pm's to help you change writing styles to build up your Repertoire of aliases.  It's you who is the excrement!  -- thinking you can control this site.  This isn't your site and you don't control it, as much as you try.  But you should seek help since you do talk to yourself way too much: yeah, everyone is really fooled here when you answer your own posts with different alias names.  You, pratoman and Bobby Bully as well as bully pups in training are the SAME: cut from the same cloth (whether you 'might' be different people of not). 

I'm very wise to alias behavior:  you are the expert in how you pupeteer your various aliases to achieve the cause you want.

I have lost interest in posting on a website that is contaminated with the likes of you and your aliases to include Bobby Bully.  Well, let's hope you wouldn't be that evil!  Creating an alias FreedomLuvr to include FredomA specifically so you can bash me is really a little too much.  Grow up, you pathetic, immature moron. 

http://www.computerhope.com/jargon/c/cyberbul.htm

I tried not to include you and had thought better of you but your true colors shine through.  Leave me alone: I've left the site! 

You have no class and bring discredit to this forum and to your profession when you trash/bash posters.  You do NOT have to be a rep to post here, like it or not.  You (to include your aliases) do not control this board.

Goodbye!  Best Regards! 

[quote=FreedomAdvocate]

PS:  However, I don’t think you are whomit.  Whomit (Mr.A) had enough of this site, too and split.

Too bad:  he was the only interesting, intelligent poster with a little class on this site.