Quote from Samson77:
LOL
Yes we were arrogant jerks that's for sure.
$250000 monthly paychecks did that to a lot of people !
If you had access to the hottest IPO's getting the best clients was simply a matter of calling the trading desk or dept of a major company or fund and asking them to give you a shot if you gave them your allocation of shares.
A lot of time the institutional dept at RBC would call my manager and yell at him telling me to lay off but I never cared I just kept calling.
Mostly though I would do record searches at trust companies to see WHO owned SIZE of similiar issues and call them directly.
I never minded selling to institutions but I never felt comfortable selling to retail clients and thus left the business.
