Do FAs realize all the changes in action while they get the new emoney? they have gutted the area that helps with social security, taxes, estate planning, etc. and no more VIP visits ...but don't tell the field no no no.....
6 replies (most recent on top)
No doubt Barry has ruined WIM since he got there
No, I think OP has a legitimate point. With financial advice (and especially custody and trading) becoming commoditized and essentially free, differentiated hands-on advice is where our FAs have a proposition to add value.
This definitely seems to diminish the capabilities of our FAs to deliver a differentiated service offering, it waters down the specialization and makes their job more difficult and time consuming as they continue to generate commissions for the bank while getting less and less support in return.
You could route them to this site. Lots of sound financial advice given to those who ask. Just check out the 3 million dollar man thread
All of this advice is available outside of the bank. Big whoop.
Looks like someone works in that area and they just wanted to whine a bit
- and your point is?