[Karen37a]

Um...yes I do. My book of business is very large and very sticky and I get rewarded handsomely for it.

On a side note....I am still collecting investment banking fees from deals I closed prior to joining my current firm. See some know how to structure compensation so you are rewarded on the back end of a deal not just the closing cash......

umm you get paid by the bank and they supply you with everything...when you were an investment banker you were not a "salesperson" bringing the clients and money in like I was

1099 isos are bare balls to the wall cold callers or marketers...using their own money ...no bank backing them

You are not exposed like we are

[Kevin Henry-Seacoast]

umm you get paid by the bank and they supply you with everything...when you were an investment banker you were not a "salesperson" bringing the clients and money in like I was

1099 isos are bare balls to the wall cold callers or marketers...using their own money ...no bank backing them

You are not exposed like we are

Right...because you know how everyone gets compensated in every role.... You have no clue how I am compensated now or how I was compensated in previous roles in my career.

[Karen37a]

Right...because you know how everyone gets compensated in every role.... You have no clue how I am compensated now or how I was compensated in previous roles in my career.

You said it once before..you were bragging that you were 20 phone calls away from someone I was 2 calls away from on wall st


I am not discussing this anymore...you are all clearly not pro ISO, pro-1099

1099 brokers are not going away though

[WestCoastFunding]

You said it once before..you were bragging that you were 20 phone calls away from someone I was 2 calls away from on wall st


I am not discussing this anymore...you are all clearly not pro ISO, pro-1099

1099 brokers are not going away though

Kevin, why are you anti 1099????!

[Kevin Henry-Seacoast]

You said it once before..you were bragging that you were 20 phone calls away from someone I was 2 calls away from on wall st


I am not discussing this anymore...you are all clearly not pro ISO, pro-1099

1099 brokers are not going away though

I have know idea what you are referring to regarding being 20 people removed from someone where you knew them 2 people removed... I don't think we swam in the same ponds as I was more institutionally focused.....always have been.
I have never said that I am against 1099 or Draw+. What I did say is that I have lived them all and prefer compensation that is salary, plus commissions, plus stock. That model has always made me more money...especially the stock portion.

[fundingsmbs]

I have know idea what you are referring to regarding being 20 people removed from someone where you knew them 2 people removed... I don't think we swam in the same ponds as I was more institutionally focused.....always have been.
I have never said that I am against 1099 or Draw+. What I did say is that I have lived them all and prefer compensation that is salary, plus commissions, plus stock. That model has always made me more money...especially the stock portion.

stock or equity position can def be lucrative. silicon valley is notorious for making folks offers for employment with excellent stock options.

[Karen37a]

stock or equity position can def be lucrative. silicon valley is notorious for making folks offers for employment with excellent stock options.

I prefer the 100% equity ownership that the freedom of a 1099 Iso ( self employed )has...its all me

Someone else is 9% on the llc technically

And anyone else who is 1099 ...has 100% ownership interest in themselves...you just have to hustle it out and make BIG ROCKSTAR COMMISSION

[Kevin Henry-Seacoast]

stock or equity position can def be lucrative. silicon valley is notorious for making folks offers for employment with excellent stock options.

I have always made equity or options a must as part of any compensation. It has served me VERY well.
I have also asked for equity/warrants on the back-side of investment banking deals I have done where I lowered the cash fee and made a killing on the back-side with the stock or warrants. I am still collecting checks for those 5 years later and they are MUCH larger than the upfront fee I should have received.

Every successful person I know that has made a killing in financial services has made more with equity, options, or warrants as part of compensation. Whether it was part of their compensation while working at the firm or structured in the fees as part of deals closed. The real money is always made on the back-side of the deal.

[Karen37a]

I have always made equity or options a must as part of any compensation. It has served me VERY well.
I have also asked for equity/warrants on the back-side of investment banking deals I have done where I lowered the cash fee and made a killing on the back-side with the stock or warrants. I am still collecting checks for those 5 years later and they are MUCH larger than the upfront fee I should have received.

Every successful person I know that has made a killing in financial services has made more with equity, options, or warrants as part of compensation. Whether it was part of their compensation while working at the firm or structured in the fees as part of deals closed. The real money is always made on the back-side of the deal.

Kevin its great that you do or did this...cash the warrants in before they expire

We are NOT the bank. we are 1099 Isos and brokers

I make myself one of them to lead from the front. Some of you thought that made me some kind of small-time chump

If people do not like prospecting themselves...that negativity spreads all around

This constant theme of how 1099 mca brokers suck has been beaten to death

New positive ways dfor the future...or don't...as stated im going with or with out people