What a great post, funniest thing I’ve read in a long time, but tragic too. I had similar experiences with TDAmeritrade, quarterly calls that I rarely picked up and if I did, it was always a bit awkward because I didn’t need anything. No hard sells, fortunately, but maybe because I was pretty young and talking annuities would’ve been pointless. One rep was great, extremely intelligent and a great communicator—wish I could’ve stayed with him. He was in Omaha and seemed happy with his work, too. Another rep came across as sleazy, and I avoided him at all costs. Visited the local branch once when I lived near one, but couldn’t ever figure out why I would ever need to go back. Been with Schwab now after M&A and have quite a lot of money with them, but I haven’t received a single call yet.Note a couple of things I noticed about Fidelity reps at branch offices.
1) They opened a branch near my home, and out of curiosity I looked at the bios of the reps in this new office.
There was not one person to whom I would entrust managing a piggy bank full of pennies. None had any remotely impressive serious background, not academically nor in terms of prior experience.
2) I also saw job openings listed for branch reps. Makes it clear why my local branch ended up with such an unimpressive bunch of reps.
Here is part of the LinkedIn job opening at my local branch :
Financial Services Rep
Qualifications
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We provide all the training you need to develop the skills needed to service customers and study for your FINRA licensing exams!
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You don’t need a finance background or college degree to succeed in this role
Op, I’m puzzled that they keep asking you permission to have a a consultant, as it would seem to me that they just assign you one even if you never speak to one. Go figure.
Statistics: Posted by angelescrest — Fri Dec 15, 2023 11:21 pm — Replies 13 — Views 1775