Thread regarding Truist Bank layoffs

Truist just Ba----dized their Premier Segment

Premier just announced they are no longer going up in segment to $3M and are instead going to put all their focus on gathering deposits from the $100K - $250K space. There will soon be a mass exodus of Premier Advisors from Truist since they have now been turned into glorified branch bankers. No more focus on any other part of growing a Premier clients relationship. All they want is deposits. Another wonderful decision by Billy and the Boys in the Board Room. Hope Dante enjoys his $4.5M bonus.

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| 19371 views | | 8 replies (last September 9, 2024) | Reply
Post ID: @OP+1un1XGNa

8 replies (most recent on top)

It’s probably people being paid million dollar bonuses trying to nullify the truth. Keep drinking the Kool Aid!

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Post ID: @3hhh+1un1XGNa

What part is the lie? Are they not keeping us at the same levels? Will PBs not leave, or at least the good ones with experience working with higher net worth clients?

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Post ID: @3xqw+1un1XGNa

People the post is a lie. Don’t instantly believe everything someone posts.

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Post ID: @3mnj+1un1XGNa

This is completely inaccurate. Go away.

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Post ID: @3odx+1un1XGNa

When are they just going to shut this whole program down? It's clear there's no guidance or long term strategy for premier. How much longer can Bill justify paying us to be tellers with a securities license?

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Post ID: @2ehe+1un1XGNa

This was definitely not the vision that Melissa Holding had for Premier. I wonder if that helped motivate her leaving? Premier was her baby.

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Post ID: @ppj+1un1XGNa

Not even remotely true. Check your facts again vs rumors

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Post ID: @gjb+1un1XGNa

Is this the reason Allison R left the bank? I wonder what the plan is for those clients between $250K and $5M?

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Post ID: @wfm+1un1XGNa

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