Wazua
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Francis Drummond
Rank: Veteran Joined: 10/11/2009 Posts: 1,223
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There is a very high turnover of staff in this firm. This year alone all the front office guys (the ones who place the orders) that i know have left the firm. History will not remember you for your IQ. It will remember you for what you did. “Genius is 1 percent inspiration, 99 percent perspiration.” Thomas Edison
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Rank: Veteran Joined: 2/10/2010 Posts: 1,001 Location: River Road
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I have been with them from the days I used to walk around with share certificates I saw them expand now they are shrinking from giving up the investment banker licence for a broker one shrinking of the office space,then the staff turnover...i'm getting worried!!
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Rank: Veteran Joined: 5/24/2010 Posts: 846 Location: KENYA
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Maybe its just good business practice to cut costs when business is low? But I don't know...maybe you call and ask them in a direct way..
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Rank: Member Joined: 1/1/2010 Posts: 511 Location: kandara, Murang'a
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I know, a nice lady called joan And robert Munuku of CNBC fame all left.. Ni Kuhama? Foresight..
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Rank: Elder Joined: 6/20/2012 Posts: 3,855 Location: Othumo
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Be very afraid when this things start happening. Hamisha account.  Thieves
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Rank: Veteran Joined: 3/25/2010 Posts: 939 Location: Nai
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BGL wrote:There is a very high turnover of staff in this firm. This year alone all the front office guys (the ones who place the orders) that i know have left the firm. ruuuun!
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Rank: Veteran Joined: 10/11/2009 Posts: 1,223
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I am not making a complaint. Nothing has happened to my account as yet. I am able to monitor all the transactions on my CDSC account at the end of the end via http://live.mystocks.co.ke/portfolio/ and after 48hrs CDSC If any un-sanctioned activity is observed i take action immediately. which is to lodge a complaint to CMA, CDSC, NSE and notify them of the action i am taking. So far they are very good guys and extremely fast when it comes to execution of orders. History will not remember you for your IQ. It will remember you for what you did. “Genius is 1 percent inspiration, 99 percent perspiration.” Thomas Edison
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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Run run run Life is short. Live passionately.
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Rank: Elder Joined: 4/22/2010 Posts: 11,522 Location: Nairobi
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Happens in this industry...kawaida,musical chairss possunt quia posse videntur
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Rank: Chief Joined: 3/24/2010 Posts: 6,779 Location: Black Africa
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maka wrote:Happens in this industry...kawaida,musical chairss Yes. Don't be surprised if they apply for an investment banking license 2 years down the road citing ''increased opportunities in the market'' Just like how the brokers fire people during downturns and then go on a hiring spree during upturns. GOD BLESS YOUR LIFE
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Rank: Member Joined: 8/29/2008 Posts: 571
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GATOHO:>>"Methinks" Robert Munuku is still with the firm.I saw him last year,though I must confess I haven't been there lately.On Joan,which Joan?? There were several employees going by that name.I knew three.One was a receptionist,the other a customer relations officer and the third one is still around.Joan Sayo to be precise.
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Rank: Member Joined: 8/29/2008 Posts: 571
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SPARKLY:>>Its the height of folly to assume that the ever expanding stock brokerage/investment banker is the right one to host your CDS account.Remember Discount Securities??They became too big and failed from their inefficiencies.At Dyer and Blair,which is a bigger firm,they have a tendency of loosing funds through fraudulent employees.And if you don't trade your account within three months,they freeze the account.
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Rank: Member Joined: 8/29/2008 Posts: 571
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BGL:>>I agree.Mr. Sam Wachira and Joan Sayo are cool."Methinks" Drummond is better than some of those big,bloated firms~~~~
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Rank: Member Joined: 11/24/2011 Posts: 833
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Rank: Veteran Joined: 5/24/2010 Posts: 846 Location: KENYA
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Ali Baba wrote:GATOHO:>>"Methinks" Robert Munuku is still with the firm.I saw him last year,though I must confess I haven't been there lately.On Joan,which Joan?? There were several employees going by that name.I knew three.One was a receptionist,the other a customer relations officer and the third one is still around.Joan Sayo to be precise.  Joan Sayo has left
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Rank: Member Joined: 2/20/2007 Posts: 359
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No cause for worry I guess. Unless the management has changed. I have been with them for many years and their service is superb despite numerous staff changes.
But am sad about Joan Sayo... she is just the kind of employee many companies lack; quick, on the ball, professional, humble and very dedicated to the customer - a rarity nowadays. If she's gone, I will miss her greatly.
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Rank: Veteran Joined: 10/11/2009 Posts: 1,223
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slykat wrote:No cause for worry I guess. Unless the management has changed. I have been with them for many years and their service is superb despite numerous staff changes.
But am sad about Joan Sayo... she is just the kind of employee many companies lack; quick, on the ball, professional, humble and very dedicated to the customer - a rarity nowadays. If she's gone, I will miss her greatly. she left! History will not remember you for your IQ. It will remember you for what you did. “Genius is 1 percent inspiration, 99 percent perspiration.” Thomas Edison
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Rank: Member Joined: 2/20/2007 Posts: 359
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@bgl,
Do you know where to? I might just follow her if service turns to dis-service.
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Rank: Member Joined: 7/13/2006 Posts: 94 Location: Nairobi
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Departure of both Joan and Robert is good for them. Change is HR is not necessarily bad for a company and therefore not a reason to move your account. I have been with FD for many years and I am not worried. Knock hard and it will be opened. Ask and you will be answered. Seek and you shall find.
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Rank: Member Joined: 9/19/2010 Posts: 237 Location: Republic of Graham & Doddsville
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Ali Baba wrote:At Dyer and Blair,which is a bigger firm,they have a tendency of loosing funds through fraudulent employees.And if you don't trade your account within three months,they freeze the account. Na hii nayo... si it's, somehow, tantamount to armtwisting a client of their's into carrying out a transaction regardless of whether it's profitable or otherwise just to avoid the inconvenience of this requirement??? Clearly Grahamites type of investors r not their target clients. We Will Either Find a Way or Create One - HANNIBAL
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