How's that Jones Bank and REIT portfolio

102 replies [Last post]
Broker24's picture
Joined: 2006-10-12

Hey Gone,
I was just yankin' your chain.  I should have added a snazzy little emoticon. 
I hear what you are saying.  Trust me, the more I read on this forum, the more I realize that some of this Jones/cult/anti-leave-the-firm mentality does exist.  The truth is, I think it resonates from certain veteran groups in certain regions.  I truly see VERY little of that in my region.  Actually, many of the people in my region know brokers at other firms that are very good, ethical people, and they speak highly of them.  And there are other reasons, also.  The first person in our region started 17 years ago, and he (along with about 4 others) are the only ones with that much tenure.  Most are in the 5-10 year range.  So I guess there is not the deep-rooted green blood running through our region.  And only one guy that I know of has left to go indy, and he was a REALLY small producer, so nobody was surprised to see him go.  A few have gone to wirehouses, but they were not real big producers either.  Most of the time, the reactions are more like "Huh, that's too bad.  He was a good guy".  But the majority of people that leave are newbs that never really made the radar screen.
Sorry, I made a short story long.  I guess my point is that there is not much brainwashing going on around my parts.
It is funny, though.  I occassionally hear some of those "we are the only ethical firm" cracks by the REAL newbs that just came back from St. Louis's Paddy's Day parade.  Usually it's the young lads.  I find the older guys with more life experience aren't as influenced by the culture.  It's a good counter-balance.
And I agree, why we can't go to industry events is beyond me.  That's just paranoia.

GoneIndy02's picture
Joined: 2008-03-05

By the way, how is Bryan Cooper? guy at the home office.

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