Chicago just lost a 1 1/2 million dollar producer this week.
I hear that is now 6-7 million in production leaving Chicago with just three teams leaving.
And I hear they think Chicago has held on very well. How do they measure that?
If you lose 1/3 of your production, do you keep your staff levels the same?
Drescher bailed PRU in late 2002 to work for Jamie Price. Jamie told Dennis, "clean out PRU in Chicago and when you're done, go after those OPY brokers."
Drescher is with UBS now and has been for a while.
Yes, LEHman took a few snot nosed kids out of OPY. Bear Stearns' Steve Dantus removed at least 7 BIG producers. Are there any good ones left for us to snatch?
I don't know where you get your info but everybody knows there was only one AE in Chicago that counts, altman and i heard he was gay.
Say what you want about Bud but he is cashing checks that you can only dream about when you are cutting your grass in front of your 4 bedroom POS house in LI while your 3 kids who look like a combination of you and your average looking wife, ashley 10, alexander 12, and your first born who was named after you and your dad waite for you to finish so you can drive them to their saturday 10AM soccer game.
PS just about the time Jr. is scoring the 1st goal of the game, Bud will be thinking of the next company to buy. I ask you, do you think anybody would take the time to write about you. Have a great average life.
Altman left a while ago, he went to UBS with Dennis.
Chicago has a ton of large producers, problem is, they are compliance challenged.
You clearly don't know the Chicago market...so don't be so quick to criticize those that do.
Well, Altman group was about 3 1/3 million so he does count.
Pillman was about 1.3 million last year so maybe he doesn't count.
And Kreiger group was about 1 1/2 million so maybe he doesn't count either.
Does add up to 5-6 million in a 15-20 million dollar office! And that was the first three to leave. The way you count , you must be in the back office for Bud. We have all seen their math skills!
And your accounting of my life on Long Island....not so far from the truth....and I like it.
When you admire Buds business abilities you are absolutely correct. What you fail to realize is that he builds his success on your back. Taking half your commish and returning substandard traders, corp finance, payroll from the dark ages and....FINET.
His skill is convincing you that you are getting a good deal. It could not be more wrong.
He gets the great deal and you get crap in return...and Bud is good at it.