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Firms are hitting Brokers with Deferred scams, but you don’t have to accept the “gift.”
Happy Holidays!

 

FEATURE

Street Values Falling

 

Brokerage Firms are uniting on Deferred pay to try to eliminate departures. You may think it’s too late, but there is a way out. In this month’s article we discuss how you can take control and fight for your money.

 

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Trends

  • International Getting Squeezed: If your business is dependent on international clients, you are playing defense right now. Call us regarding firms still willing to pay up…for now.
  • Get an Office: Your firm may not give you a retention package, but many Brokers are negotiating new office locations with private quarters.
  • Sue Your Firm?: Deferred comp plans are sweeping the Street and essentially stealing your money. Consider creating a syndicate of like minded Brokers who want justice.
  • Keep Your Managers on a Need to Know: Managers who you know and trust have to tow the corporate line. Tell them as little as possible about your plans.

I dwell in possibility. — Emily Dickinson