I got an offer to inherit a book at a competitor plus a lower salary than I have now. I’m considering taking it considering the flows alone on the new book are worth it to me... I think. Thoughts?

like
Posting as :
works at
You are currently posting as works at

Salary? What’s that?!?

likefunny

You want to see the amount assets on paper and exact number of households before you take the job. You will walk into less than promised due to over inflated numbers or cherry picked to others.
Better have a course of action if they don’t deliver. I used to work in the bank and we did this to new hires every time. When you work in the bank you don’t own your book and the bank owns you

like

$85 , continuity and keeping your current clients seems like a better deal

likefunny

LOL! Agreed! 20 yrs without a salary but 15 yrs of managed fees. Close enough

likesmart

Current gig sounds better. But flows are where it’s at as long as they are loyal.
When would AUM hit where you are now?

But yeah, I have to echo earlier point that they own you and the client. That’s why there’s a salary involved.

like

My salary now is $85K at a private bank plus bonuses if I bring in clients. My title is Senior Private Banker. The offer is for another private bank but they’d be giving me a salary of $65K plus giving me accounts from an advisor who’s retiring. What questions should I be asking/considering?

Related Posts

Amazon business analyst L5 salary range ?
Received recruiter call

like

I am getting an offer of 12lpa fixed from EY GDS. YoE 5 years. Cybersecurity domain. My fixed was at 8.7 lpa. How is the offer? Rank is 44.

like

Should I leave my company? Been here 1.5 years and was told I was getting a management promotion 5-6 months ago.Still no solid traction and they are opening up a req for it 😑no one on the current sales team has ever been promoted (2 years)except our boss who has been promoted 3 times. We hit quote every month/q/year by a lot. I have several offers at double my OTE. Already asked what the timeline is for a new manager and I was told soon and I'm "up for consideration." What would you do here?

like

Hi Fishes!!

As per current market standards, people getting 100% + hike mostly. How much hike one can expect in JPMC? Does JPMC hire people with 100% hike?

Tech stack - Java

like

Hi, I got an offer letter from oracle as software engineer. Offered package was 17.91LPA including pf (17 fixed )

My YOE: 3.6.

CCTC: 10.5

Tech Stack: Java, Spring Boot, Microservices.

I already have an offer of 19LPA(16 fixed + pf + 2.4 variable + 2 JB).

Can i show this to oracle to revise my compensation?? will they consider it??

like

Any advice for a young engineer trying to land their very first job out of college?

likesmart

I have the offer discussion round with Tiger Analytics for a data scientist role in Toronto.
I want to know how much should I quote for the role.
I have 2 yoe as a data scientist and 2 years of experience as a software developer.

like

Hi everyone! I have my first round of interviews at Dapper Labs this week for a Content Marketer role. They mentioned in the email that they would want to talk about compensation during the call. Does anyone have an idea of what the band is for this role/department?

like

How much Accenture pays for L1B transfer to California, US at AM level ? Total experience : 9 years Skill : Sap Abap On HANA Accenture

like

Am about to receive offer from ADP for architect role I have 12 years experience..how much I can ask ? ..and how about work life balance in ADP?

What should be expected package for Senior Bizops Engineer.

YEO - 7.9
Current CTC -13.13
Offer form another company -18.70

Could you please provide your suggestion .

Thanks in advance

like

Can anyone explain the Chubb underwriting associate training? Is it in person or hybrid? Interview process? Looking to make a transition from education.

like

How you came into the company will define your path. That’s why you’ll never be successful switching departments.

likefunny

Iqvia HR has shared the offer letter over email which consists the salary breakup and a confidential document.
Should i still wait for the workday portal offer letter before start having a discussion with my current manager about resignation?
How long the workday portal offer letter takes once I accepted the offer letter over email?

like

Any thoughts on the best certifications to get in order to help move forward? I have considered the CCP from World at Work, but it’s fairly pricey to get by the time you wrap up everything. I was looking at both SHRM-CP and SPHR. Everyone that I have spoken to has the SHRM, but that’s also only looking at individuals in a small geographic footprint and within 3-4 different companies. I was hoping to get some thoughts on this from others? Thanks

Looking to get into SaaS sales but my experience is in construction and fine furniture (I was a sales manager and was able to lead my team of 4 people to consistently hit 450k monthly targets). I did that for almost 2 years before making the switch. I miss sales, though. Does anyone have any connections to companies looking? I have also considered a sales analyst role considering that I am moderately versed in Salesforce and have worked both the customer facing and sales generating side. TIA!

like

Looking for a new challenge and have heard great things about Adobe. Does anyone have feedback on the inside sales/account management roles?

like

Hi Fishes, I recently got an offer from NielsenIQ. I want to understand a few salary components. Are LTA, Car fuel & Maintenance, Meal vouchers, and Internet expenses just for tax benefits, or are they given with salary?

It would be great help if someone can help me understand these components.

How difficult/easy was it for you to land your first job after receiving your Bachelors? What do you wish you did differently? What is something you are glad you did?

like

what is the IPT group in Accenture ? and how is it different from the market units in terms of compensation and career growth ?

like

More Posts

Any thoughts on how New York City’s salary transparency law will play out?

like
like

Is DC generally more or less safe than Manhattan or Brooklyn?

like

Just graduated with Aerospace Engineering degree. I am interviewing for multiple positions at once with different companies. One gave me an offer and they want me to get back to them within 2 days. I still have other interviews scheduled and some for higher paying jobs (around 90k) What should I do?
I do like the company that gave me an offer but their base pay was 80k and they went up to 85k. Is asking for them to match the 90k too much? The position is associate systems engineer.

Any experience with Alvarez & Marsal? They’re recruiting for tax positions. Any and all information regarding pay, company culture, etc is welcome. Thanks!

like
like

Hi, Anyone pls tell me what will be my in-hand salary?

Post Photo
like

Just got promoted to SC. How much bonus can I expect?

like

Dear Sharks,

I want to shift my career to UI/UX designer as an entry level designer. I have good hands-on experience. I work on Figma.

I have an experience of 2 years. Need help with referral for the same.

Thanks and Regards!

uplifting

I am wondering if I can do this. It feels daunting but also I’ve accepted an offer from another company but don’t know if it is what I want but I think I also don’t feel comfortable in my current situation. I wonder how long I could maybe do this but not sure.

like

My mom has been sick for nearly a week now (fever, fatigue, nausea) but isn't able to get help or tested because she doesn't have respriatory symptoms...yet. Our numbers are definitely underreported.

likesmart

Are private equity operating roles considered respectable and prestigious in the buy-side space? What does the compensation look like for an associate at a LMM firm?

like

Hi,
My date of joining in TCS is 16th November 2022

- Will the onboarding be virtual or physical?
- How many days would it take before I get a laptop and start working?

like

Guys what is paytm kit???

like

Where can I get a Tux? Nothing too crazy <$1500

like

What's the funniest retail customer story you've ever heard?

like

The majority of my career has been in healthcare tech with some retail experience. Looking to break into event management/coordinating (I believe this is the correct job title) space in either the entertainment, fashion & retail or cosmetic industry. Any insights or advice is appreciated!

like

Currently, I am working in a metal production. I have 3 years experience in this role. I am learning Data Science from percipio platform of Skillsoft. It has 4 courses from Data Analytics to Data Scientist. Is tgat enough for me.

like

Unconfirmed layoffs in PwC SAP? Does anybody know?

like

Additional Posts in Financial Advisors

Has anyone bought a list of prospects that was actually legit? If yes, what company did you use?

like

As I am in the transition process to another firm... will a ‘letter of warning’ be reported on my u5 ? I was told it would not... but wasn’t sure if anyone out there had a similar circumstance.

like

Best books you read this year that aren’t about sales, marketing or prospecting?

like

What are you guys charging? I'm thinking the initial plan at $150 per hour so ave $300-$1500 per plan. Ongoing plan 20 basis points of the AUM. What are ya'lls thoughts and what do you charge?

like

What’s the biggest point of pain for you Indy’s, that tech or other services hasn’t fixed yet?

like

Can some of you experienced folk recommend some good books for rookies? What are your favorites for investment strategies, marketing, selling, etc.?

like

13 years experience and no college education. Best way to go about earning my BA and taking the CFP?

like

Anyone finding it harder getting managed money biz? If so, what changes or adjustments have you made in prospecting or sales approach? Thanks.

like

What software does your firm use and how do you like it? CRM, scheduling, virtual Meetings, Client Portal, consolidated statements, etc.

like

Does anyone know about fidelitys platform, base, compensation and goals?

like

I’ve got my first CFP course exam on Monday. I’m going through the American College HS300. Any advice or tips? I feel good overall, but still nervous. Thank you.

like

For those at RJ, can a client fire their advisor and leave the assets at RJ if they want to self manage? Any fees around that?

like

Maybe a dumb question but if someone vests in a pension are they still able to rollover a lump sum into an IRA? Or is it too late? Have a client who keeps blowing me off to get documentation...CONT

like
like

We have been utilizing a third party asset manager. We have grown to the point where we just don’t think it makes financial sense to continue to do that and need to bring the portfolio management in-house. Have a few questions for the group:
How many models do you run?
How much time do you devote to this weekly?
What advice would you give to someone who has had total reliance on TAMPs but making a complete change to investment management style?

likehelpful

Does anyone think there is long-term viability in Cryptos?

like

And another one bites the dust

like

Sometimes I feel like I am a drone that just works all the time and I have no friends.

likefunny

Anyone here currently at EdwardJones but previously with Prudential? Are you happy with the move?

like

Have an interview coming up. Am nevous about bombing. What usually trips you up and what should I look out for?

like

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
That was just a preview…
Sign Up to see all discussions
  • Discover what it’s like to work at companies from real professionals
  • Get candid advice from people in your field in a safe space
  • Chat and network with other professionals in your field
Sign up in seconds to unlock all discussions on Fishbowl.

Already a user?
Login here

Share

Embed this post

Copy and paste embed code on your site

Preview

Download the
Fishbowl app

See what’s happening in your industry
from the palm of your hand.

A phone with Fishbowl app

Scan your QR code to download
Fishbowl app on your mobile

Download app

Sign up for free to view this conversation on Fishbowl

By continuing you agree to Terms of Use and Privacy Policy

Already have an account? Log in

Sign up for free to continue using Fishbowl

By continuing you agree to Terms of Use(New) and Privacy Policy(New)
Messaging rates may apply

Already have an account? Log in

For account settings, visit Fishbowl on Desktop Browser or

General

Legal