EVERY 3 DAY WEEKEND THEY LEAVE

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Joined: 2004-12-08

It seems like the GOLD RUSH is on, I know several Edward Jones IRs that flew the coop instead of attending their Regional meeting this past month, but Doug 3 Mil Hill says they aren't loosing any.....How could that be?
Also the latest joke between Jones IR's is every 3 day weekend who is going to leave.....   Watch how many IR's start switching their funds around in July when Jones finally almost levels with their clients about their fines, but will they fully disclose what happen?, acording to most Jones IRs the Firm did no wrong!
I know one self proclaimed IR on these postings that sent me an email and said I was right to tell him to look around, he was fed-up with the half truths coming out of StL he has left the nest....way to go   I will not mention the name, but he is gone, perhaps he will come on and tell his story............. 

brokerbob's picture
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Joined: 2005-06-30

I have not been gone long from Jones and every time  I talk to a Jones IR all they ask about is how to make the move.  I know a lot more would like to if they could for a minute distance themselves from the propogana coming out of St. Louis about how every other firm is evil, and that the only place to serve clients ethically is Edward Jones.
They also need to realize that their clients really did choose to do business with them. Not Jones.  I am learning this everyday as people move over.

brokerbob's picture
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Joined: 2005-06-30

Anybody have a clue on how many left in June?

joeblowyourmama's picture
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Joined: 2005-06-30

What is up with all the emoticons?  You are so emotional.  Are you a female?

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joeblowyourmama wrote:What is up with all the emoticons?  You are so emotional.  Are you a female?
Who's emotions (EMOTICONS?) are you talking about
Based on your comment you are either a Drone or a clone either way, the 4th is coming up and it's another 3 day weekend, look for troops on the move.......Labor day is the next big weekend, I know of two that are leaving then
There is no emotion in this just FACTS.............
Checkout why so many successful IR's are Leaving.....They can't all be bad, can they?    Get educated, learn, and leave...........

noggin's picture
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Joined: 2004-11-30

Player- There are over 9000 reps and you are talking about 2????? Give it a break. I know of 1 guy that left Merrill a few weeks ago, is that the end of Mother Merrill???

Soothsayer's picture
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Joined: 2005-02-24

I just found out that my old "Visiting Veteran" from my training days left the firm.  Over $100 million I believe.

Guest1's picture
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Joined: 2005-01-16

We lost 9 in our region last week. All went to RJFS in Florida to visit our friend..

zacko's picture
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Joined: 2004-12-01

lmao

Guest1's picture
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Joined: 2005-01-16

Another 3 today.. What is happening around here?

YoBrad's picture
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Joined: 2005-07-09

Come on People.  People leave.  Jones is still a good
firm.  Be Patient.  Things will change.  Life is choices
and I like the fact I don't have any headaches.  I'm still with
Jones but I don't know how long I'll be here.  

troll's picture
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Joined: 2004-11-29

I left Jones and went to Financial Networks Investment Corp. I interviewed with/ and was offered positions with/ Raymond James and A G Edwards. I chose FNIC & I have NO regrets. Independence, great payout, GOOD people, and deep pockets (ING- part of 9000 advisors strong/yet still independent!)

Check us out!

Player's picture
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Joined: 2004-12-08

YoBrad wrote:Come on People.  People leave.  Jones is still a good firm.  Be Patient.  Things will change.  Life is choices and I like the fact I don't have any headaches.  I'm still with Jones but I don't know how long I'll be here.  
YoBrad,
Sounds like you have a brain, leave before the Kool Aid gets too strong.........I wasted 10 years, if you are doing over 250K checkout your options......there are many out there
By the way I waited for 5 years for Jones  to change, and they never did, in fact it got worse, if I hadn't of left I would be leaving as fast as I could right now, and do it on a three day weekend......

Soothsayer's picture
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Joined: 2005-02-24

What's going to happen in February of 2006 after the LP Bonus Pool payout?  President's Day is a 3-day weekend right after the bonus pool, trimester bonus (if any), and profit-sharing contribution to the 401(k).  Mark your calendars.........

Guest1's picture
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Joined: 2005-01-16

Oh boy.. Another prediction from the almighty Sooth.. Bet you were frosted when you heard about the office in CA. I know much you hate when someone gets somethong for free...

troll's picture
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Joined: 2004-11-29

zacko wrote:lmao
 
Hey Zack!
Haven't been posting much....too busy with ACATS.....indy life is goood!  Will be better when the revenue starts perking up!

troll's picture
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zacko wrote:lmao
 
btw-I had dinner at Patrick's at Westport last Friday.....

Soothsayer's picture
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Joined: 2005-02-24

Guest1 wrote:Oh boy.. Another prediction from the almighty Sooth.. Bet you were frosted when you heard about the office in CA. I know much you hate when someone gets somethong for free...
You're absolutely right.  I do hate it when someone gets some "thong" for free.  Kind of reminds me of an old Dire Straits song.  As to your point about the office in Ft. Bragg, my response would be, "Yeah, but you have to live in Ft. Bragg, California.  So, in my opinion, they earned it."

Guest1's picture
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Joined: 2005-01-16

You have something against "thongs"? LOL

Soothsayer's picture
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Guest1 wrote:You have something against "thongs"? LOL
I guess if they insist on wearing underwear, a thong would be my preference.

Player's picture
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Joined: 2004-12-08

noggin wrote:Player- There are over 9000 reps and you are talking about 2????? Give it a break. I know of 1 guy that left Merrill a few weeks ago, is that the end of Mother Merrill???
Noggin...aka..Dip stick
Checkout the numbers, are they still listed on the VI system, or just like production figures are they not for your eyes ?
Ship is heading down.........................the sad part is many good people will suffer for a few greedy GP's....that just couldn't admit they did something wrong, and they still deny it? What is up with that?

Player's picture
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Joined: 2004-12-08

NEWS FLASH.................
IR's leave every three day weekend..............................
How many left on July 4th weekend.....................I know three!

hawg's picture
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Joined: 2005-07-20

player, why do you hate jones so much?

Starka's picture
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Joined: 2004-11-30

hawg wrote:player, why do you hate jones so much?
Forgive him Father, for he knows not what's he's just done. 

hawg's picture
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Joined: 2005-07-20

ok, starka, why do you have such antipathy for jones? thanks, hawg

exdrone's picture
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Joined: 2005-07-01

hawg,
1. look at your p&l and what you pay for stuff like communications.  now look at the tools you have avail to you.  I'll help you out. you pay around 1400 bucks a month from your P&L for that stupid satellite system that does not have email. BTW unlike the crap repeated at regional meetings, you will not need a second BOA when your firms decides to get email.
Look at your portfolio tool compared to what else is out there.
bottom line:  GP's suck up proffits from areas you haven't even thought yet.  And as a result you are paying for stuff like better tech and communications that you are not getting so they can pocket more.
You see enough of this type of stuff and it really starts to piss you off.  Then watch some of the nepotism and the way those who inherit offices are held up as examples and it gets you more irritated.
If you have any brain at all.  You will some day realize that there are many more suitable investments and services you can offer your clients to help them reach their goals than you have at Jones.  You will also realize that you can do it while making more money.
All this because you get the monkey/GP off your back.
Every firm has overhead.  If you are indy you have your own overhead. The difference is the amount of value you get from the overhead you pay.  At Jones that value is minimized to maximize GP return.
Stop repeating what they tell you and talk to people at other firms and get your calculator out and do the math!

Starka's picture
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Joined: 2004-11-30

hawg wrote:ok, starka, why do you have such antipathy for jones? thanks, hawg
I didn't mention Joners in my post.  I'm talking about getting Player all wound up.  Again.

Guest1's picture
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Joined: 2005-01-16

Player wrote:
NEWS FLASH.................
IR's leave every three day weekend..............................
How many left on July 4th weekend.....................I know three!

WOW! A whole three left? 6 people quit our local Walmart last week, guess they are going down also..

hawg's picture
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Joined: 2005-07-20

exdrone, i'm sure you may have some valid points. i know i could make more going indie. at this stage "making more" is not my primary goal. working less is. i don't really want to go through the work to convert my clients to indie. jones got me to where i am today. as far as nepotism is concerned, i'm all for it! i've given part of my book away to family members to help them get started. jones isn't perfect, but it's far from being the evil organization some of these people try and portray it as on this forum. but , you have to take most of these criticisms with a grain of salt, because many of them resort to name calling and rudeness like "if you have any brain at all". how am i supposed to take anything serious from someone who uses terms like that without even knowing a person. it's silly and immature. which has led me to my conclusion that the peolpe on this forum who hate jones have some axe to grind. it doesn't really matter to me, because i will continue to recommend it to my friends and family as a great place to work. it's just sad that these people can't move on. hawg

Starka's picture
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Joined: 2004-11-30

As the poet said, "Methinks thou doth protest too much", hawg.  Perhaps your sensitivity is the other side of the "axe to grind" coin.  Witness your response to my earlier post; immediately you perceived an attack against your beloved Jones, where none existed.

hawg's picture
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Joined: 2005-07-20

starka, you have a great point! i'm trying to figure out why a forum that is supposed to be a broker forum, has turned into a jones hating forum. why would i even waste my time. i'll never convince anyone else of anything different, and they'll never convince me, because i'm happy and they're not. so i'll just move along, and go back outside and mow the yard (it's hot, i came in for a glas of iced tea and got side tracked). plus if i say anything, even at a reasonable, respectful tone, i am a fanatical koolaid drinker, a drone, or i doth protest to much. beleive me my wife would tell you, i'm not that deep! what you sees is what you gets. later, have a great weekend and and a nice life!

Player's picture
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Joined: 2004-12-08

hawg wrote:player, why do you hate jones so much?
hawg breath,
I don't hate the IR's I hate the leadership, they betrayed the IR's, BOA's and a great tradition, that is what I hate..........and so should you?    Read on.......pilgrim   
Every comment I have made on here has been toward the Leadership Doug "3 Mil" Hill is the worst of the bunch of greedy GP's, they live off the efforts of good IR's , just look at how much they charge you monthly for your computer system?
Many of us asked for months about the SEC investigation, and they would never tell us the TRUTH, would they?   
Then when I saw some of the IR's they were bringing into St Louis and making into GP's, it made me sick , and what finally did it was when I herd them calling these IR's Top Producers  when they got to St Louis, and IR's out in the field knew it was a LIE.......That just kinda ruined the whole Jones ethics thing for me.
When you are a Top Producer you have pride in being one, and if your FIRM decides to start calling every GP that was an IR a Top Producer, there is a ethics Problem......so I left....Jones changed, I didn't........case closed

noggin's picture
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Joined: 2004-11-30

Player-enough already, you made your point, move on.....

Player's picture
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Joined: 2004-12-08

Noggin,  I did it's your turn to move on........

noggin's picture
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Joined: 2004-11-30

Player- That's actually a pretty good comeback.... especially for you!

Player's picture
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Player wrote:
hawg wrote:player, why do you hate jones so much?
hawg breath,
I don't hate the IR's I hate the leadership, they betrayed the IR's, BOA's and a great tradition, that is what I hate..........and so should you?    Read on.......pilgrim   
Every comment I have made on here has been toward the Leadership Doug "3 Mil" Hill is the worst of the bunch of greedy GP's, they live off the efforts of good IR's , just look at how much they charge you monthly for your computer system?
Many of us asked for months about the SEC investigation, and they would never tell us the TRUTH, would they?   
Then when I saw some of the IR's they were bringing into St Louis and making into GP's, it made me sick , and what finally did it was when I herd them calling these IR's Top Producers  when they got to St Louis, and IR's out in the field knew it was a LIE.......That just kinda ruined the whole Jones ethics thing for me.
When you are a Top Producer you have pride in being one, and if your FIRM decides to start calling every GP that was an IR a Top Producer, there is a ethics Problem......so I left....Jones changed, I didn't........case closed

Noggin
Please give an intelligent comment on this?    Do you agree or not?

hawg's picture
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Joined: 2005-07-20

player, i do agree with part of what you wrote. they (jones management)do point to top producers and don't necessarily differentiate between those of us who started from scratch and those that "cherry picked" a great office. but, i have never really been bothered by it. it's not really a question of ethics. they don't lie they just don't point out the vast difference between the two. i'm not sure if they do it on purpose or not. i guess it really doesn't matter to me. they leave me alone. i make good money. i come and go as i please and i'm happy. i don't even have to attend any meetings if i don't want to. i could car less about all the corporate sh*t, so it goes in one ear and out the other. i love working there. thanks, hawg breath III

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