Million Dollar Producers EJ vs. ML vs. BAC
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It’s not even really worth comparing though. Most of these guys have huge teams, so it’s like comparing apples and oranges. The Mutual Fund Store has like 65 offices or something. Each of those guys that runs them makes money.
We have one fo the top 10 indy brokers very nearby - he has like $650mm or something. But he also has a staff of like 24 people. There is another one a little further away, and they have a few more assets, but he has a staff of like 45. Not that these guys aren't filthy rich, but it's also not like they are generating all the revenue. Most of them are basically CEO's running small companies.I have never understood terms like that (filthy rich, stinkin’ rich)…I have been poor, and I have been, say, well off…I was MUCH filthier when I was poor.
Filthy Rich - Acquiring wealth through improper, dishonorable or unethical means. Has roots from the 14th century, but more commonly used in referring to robber barrons and stock market mavens earlier in the 20th century.
And Windy. Sorry, buddy, couldn't resist.Filthy Rich - Acquiring wealth through improper, dishonorable or unethical means. Has roots from the 14th century, but more commonly used in referring to robber barrons and stock market mavens earlier in the 20th century.
In about 500 years when you have 1/2 that amount under management then you will be a little more qualified to tell any what is or what is not a waste of manpower
He said manpower not mouthpower dumbass. Nobody wants your niche market.In about 500 years when you have 1/2 that amount under management then you will be a little more qualified to tell any what is or what is not a waste of manpower
And Windy. Sorry, buddy couldn't resist. [/quote][quote=B24]Filthy Rich - Acquiring wealth through improper, dishonorable or unethical means. Has roots from the 14th century, but more commonly used in referring to robber barrons and stock market mavens earlier in the 20th century.
[quote=meletio]In about 500 years when you have 1/2 that amount under management then you will be a little more qualified to tell any what is or what is not a waste of manpower
He said manpower not mouthpower dumbass. Nobody wants your niche market.[/quote]
I don’t believe i was taking to you dipsh*t
I am not a CFP yet (will start process after the new year) but I work with two.They asked me to develope an agenda/timeline to coordinate our planning process and it seems to work well so far. If you are interested then PM me and I will share it to see if it can help you. It should at least give you an idea of where to start. View Post
I’ve read some of your post and there is no possible chance that you will pass. you sound like a huge dumbass
You have the President (owner/"The Guy"), then several advisors (like 5 or 6), an insurance expert, a CFO, office manager, two receptionists, several staff people (like 4), a para-planner, two "analysts", a marketing person, and a few others I think.24 people to run $650MM? What a waste of manpower.
In about 500 years when you have 1/2 that amount under management then you will be a little more qualified to tell any what is or what is not a waste of manpower
hey mel
whats new
[quote=oitelem] In about 500 years when you have 1/2 that amount under management then you will be a little more qualified to tell any what is or what is not a waste of manpower
hey mel
whats new[/quote]
not much pal, how are you ?
YOU HAVE GOT TO BE FCUKING KIDDING ME!!!
I’M A BROKER. I’M NOT A BROKER. I AM THE REAL MELETIO. I AM NOT A BROKER. I HAVE NEVER BEEN A BROKER, EXCEPT WITH I WAS A RECEPTIONIST, I ACTED LIKE ONE.
I AM A LOSER, BUT HAVE UNLIMITED RESOURCES. UNLIMITED RESOURCES! DO YOU HEAR ME? I AM TRADING MY SCHWAB ACCOUNT LIKE A SUMBITCH, SUCKAS!
LET IT RAIN!
[quote=saywhat]
I am not a CFP yet (will start process after the new year) but I work with two.They asked me to develope an agenda/timeline to coordinate our planning process and it seems to work well so far. If you are interested then PM me and I will share it to see if it can help you. It should at least give you an idea of where to start. View Post
I’ve read some of your post and there is no possible chance that you will pass. you sound like a huge dumbass[/quote]
Hey, it’s the little engine that couldn’t!
secretary meletio, CFP- Crackhead Floridian Pedophile.
I think I saw a post awhile back about Ron Carson doing 6-7 million in gross production. The number one guy at ML is in Washinton state and he consistently does around 13-20 million gross. However, in all fairness I don't know anything about team structure/size/etc..
The biggest guy in my office is a solo practitioner who uses only a ML paid sales assistant and does over 2 million gross with 40 clients. Just my $.02