Leaving Jones

4 replies [Last post]
SellingDividndz's picture
Joined: 2007-06-28

I'm new to EJ. Why have some of you left? Better money only or other reasons? Why have you stayed if you're still there? Has anyone left and come back? 

troll's picture
Joined: 2004-11-29

Look up and to your right.  Seek the 'search' button.  It can be your friend.

EDJ4now's picture
Joined: 2006-02-08

Assuming this is a serious post, we all left for reasons that don't concern you yet.  If you look at all of our complaints, you will find a good excuse to not go 100mph for the next 3 years.  And if you don't work that hard for the first 3 years, nothing else matters because you will fail.
After you have build up a book and have some experience, come back and see if some of what we are saying has merit.  For better or worse, you have made a choice that you need to stick with.  And while I might have done things differently with 20/20 hindsight, starting at EDJ got me to where I am now, and gave me the tools to be successful here.
All of the people I knew who overanalyzed their situation the first couple of years are doing something else now.  Just work your a** off for 3 years, then you can write your own ticket, either at EDJ or somewhere else.
Just be sure that you sell yourself, not the firm.  That way if you do leave, the customers are loyal to you and not the big green monster.
Good luck.

Broker24's picture
Joined: 2006-10-12


To actually play devil's advocate here, let me offer what I have seen in my
time at Jones:

1. Some people leave because their area is so bloated with Jones offices
that they cannot get any real traction.
2. Guys that get to 15-20 million and don't want to prospect any more.
You can sustain yourself in the Indy world with very low assets, since you
can run a very lean operation (if you choose to).
3. They truly can't stand Jones (Kool-aide, payout, whatever).
4. Real top producers that either (a) truly need additional product/service
offerings because they have a larger/more sophisticated client base, or
(b) are really driven by income and want a higher payout.
5. They are really enthusiastic about owning their own shop - regardless
of income, etc. Some people are born entreprenuers, others are great
salesman. There is something truly satisfying about being a business
6. Want a partnership structure (someone to share the work and growth
with) to grow their practice.

There are variations on all of these, and some I am not thinking of. But
this is probably the bulk of the reasons.

EDJ4Now gave some good advice. Do it right and don't worry about it
until it's time to worry about it.

SellingDividndz's picture
Joined: 2007-06-28

will do.thanks guys for the info. especially joedabrkr for orientating me to the search barfranks and beans.

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