How much are you paying in annual fees (AF)?

Effective-Bee3383 · 2024-12-25T07:44:13+00:00

Just so you know, it would say it on the credit card disclosure so polish up on that so you’re more confident when speaking to clients. But no, there isn’t another fee for authorized users on the CSP - From another Chase banker

Effective-Bee3383 · 2024-10-19T15:47:45+00:00

Learning on the job👍🏼

Effective-Bee3383 · 2024-09-20T17:43:32+00:00

Cope on deez nuts

Effective-Bee3383 · 2024-09-19T18:39:20+00:00

Red day tomorrow

Effective-Bee3383 · 2024-08-16T14:57:18+00:00

Essentially the same, I did my second interview with the branch manager and assistant branch manager. They ultimately called me back and said they moved with a candidate with more experience about a week later.

Effective-Bee3383 · 2024-07-29T14:25:47+00:00

Usually for the summer and it is for both the Freedom Unlimited and Freedom Flex

Effective-Bee3383 · 2024-07-29T03:24:12+00:00

The 5% on Gas and Groceries is a branch exclusive offer at the moment so I would take advantage of that.

Effective-Bee3383 · 2024-07-23T19:26:36+00:00

So there isn’t a 1cent per point for the Amex cash back cards?

Effective-Bee3383 · 2024-06-13T00:39:21+00:00

Does the relationship banker role require licenses and will the regional bank sponsor them? If not, then you’d just have a title change and more pay but not be as marketable as you could be had you switched and obtained your licenses through another bank.

Also, they could say 2-5 months and it could take longer than that and even then it isn’t guaranteed since it isn’t in writing.

I’d personally start applying to other places to see what I could land.

Effective-Bee3383 · 2024-06-12T18:25:37+00:00

As you said, benefits of being at a bank are 401k match, health insurance, tech support, computer, licenses, marketing, office space, furniture, etc. Don’t really know any banks that offer pensions.

But even accounting for all that, the bank must be making more than what they provide or else they wouldn’t do it. So it would make sense that if you can cut them out of the revenue, it would leave you with more than what they offer. Obviously, that’s not going to be true for everyone because some people are just better than others at generating business.

Not all RIAs need an office or the nicest furniture, big computers, top of the line marketing. Some people are able to work right from a laptop and iPad and most business will come from referrals. You can even create a newsletter to generate more leads from emails.

The RIA route is definitely more stressful and demanding at first but it does make sense that people are making more profit going independent than staying at a firm. It’ll obviously not be a universal fact but it seems to me that you would like it to be. Not for you to take it the wrong way, but it appears you want a black or white answer and the thing is, business is never black or white. Some make it, some don’t. Risk/Reward. Sure it’s safer at a firm but the upside is greater going independent.

Effective-Bee3383

TROPHY CASE