Anybody aware of something changing at Merrill? We have a meeting next week that’s mandatory and not clear on subject matter. So typical A type FA, I assume it’s a comp change. Anyone know anything?

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Apparently it’s a “come to Jesus” conversation to FAs because management thinks they’re slacking. I have my 4 households and net new money so why do I have to attend?! ;p

helpfulfunny

I’m sure sitting on your bum will inspire the $6M to turn into a client. 🙄

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I’m an FA in Merrill Lynch Wealth Management. The banking arm FSAs are part of Merrill Edge. I’m referencing the wealth management division. Hoping no grid reduction to subsidize all the other costs the bank is taking on.

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No clue but watching 👀. Let me ask a friend that’s works there. Zoom call?

Spoke with her. New comp was rolled out in March. Doesn’t make sense.

She wants to know if you are on the banking side? This is her response: What are you hearing? Like comp changes for the FAs that work in the banks and get paid different than branch side, they’re called FSA or MFSA internally but still FAs

Why people put up with this kind of management is beyond me.

So you got the referral because of your management team....? Are you
not competent enough to get referrals on your own merit?

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