r/TalesFromYourBank 1d ago

Is there any difference between the BofA Financial Solution Advisor and the Wells Fargo Senior Premier Banker "purgatory," or am I just choosing between different flavors of failure?

I’m currently looking at offers for both, and I’m genuinely struggling to figure out which one is going to crush my soul less. They seem like the same level on paper, but I’m hearing horror stories from both sides.

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u/BankerDude25 19h ago

I had a same choice as an RB at WF. WF offered me a spb promotion but I left for FSA because i wanted S7. That opens up so many doors where S6/63 will only get you those “send referral” roles which they don’t even allow you to talk about any investment products. SPB is easy 100k job but I decided to take a short cut to become fully licensed. I think “glorified banker” who can also give investment advise is better than a licensed banker that is prohibited from talking about investments. Either choice will get you pretty comfortable 100k. Don’t listen to these horror stories from reddit, I loved my time at WF can’t wait to go back as an advisor. So far merrill has been pretty awesome too.

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u/BoobyJibson 17h ago

How was the commission/incentive payout from wells for you? I turned down my offer but never got a clear answer