Jones is trying to make territories for us. I've been with the firm 4 years, we've had 4 new offices open, and they're worried about having enough doors for the new guys to knock on, even though they're gonna hand them all $30mm to start with. I'm pretty fed up. Looking at Waddell & Reed, WFA (not in a bank branch), Ameriprise, and Cornerstone, a group of ex-Jones guys (including Alan Skrainka as CIO) that clear through LPL. I have $12mm AUM (the territories have killed me the last 18 months) and T-12 of $120k.
Anyone move from Jones to one of the firms above? Anyone else have any advice?