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What was your eye opener event at Jones?

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Dec 1, 2005 5:53 pm

Sick of tired of "Jones" talk....never ends. Most of you people that talk the trash about Jones, don't even work there anymore. SO WHO CARES! If life is so great now why don't you keep looking forward and stop looking back on how it WAS. Wow, they must have messed with your heads.....but prolly not.

Dec 2, 2005 12:32 am

Prolly not????  Are you by chance a beer truck driver? Also, one of the main reasons we continue to talk about the fuller brush company of financial services is to let individuals know what they may be getting themselves into.

God bless, and don't forget tomorrow is Friday, you must deliver the beer to all the stores.

Dec 2, 2005 2:56 am

Liquidasset

TOP 10 REASONS MY CLIENTS ARE GLAD I LEFT EDWARD JONES:

10. My clients also like the FACT my FIRM wasn't hit for 75 million in fines and facing close to 1 Billion in CA settlement.........Jones appeal just got turned down and they are going to court, unless Edward Jones settles.........

  9. FEE BASED BUSINESS (NO I WON'T EDUCATE YOU ON WHY IT'S BETTER THAN A SHARES) MY CLIENTS LOVE IT

  8. WHEN MY CLIENTS COME IN IT IS FOR SERVICE, NOT SELLING THEM THE "FLAVOR" OF THE MONTH LIKE YOU STILL DO...........DO THEY STILL HAVE THOSE SATURDAY PROMOTIONS, LIKE SELLING A "STOCK" or  'BOND" or A PARTICULAR "MUTUAL FUND"  OH, YEA BFD, THAT'S REALLY TAKEN CARE OF YOUR CLIENT ISN'T IT? Do you think they don't know it?

   7. BY THE WAY MY CLIENTS DO READ THE "WSJ" SO THEY ARE VERY PLEASED I LEFT..........They relate to the articles.

    6.  The don't have a newbie that Edward Jones put in my old Office, that's still wet behind the ears

   5.  They really love our customer statements, it really smokes Edward Jones statements

   4.  They love our financial plan, that is reinforced every quarter when we have our review

    3. They love that we don't bug them with unnecessary crap that is mailed in their Quarterly statement.

     2. They LOVE NOT PAYING HIGH COMMISSIONS........

     1. THEY LOVE THE FACT THERE IS MORE THAN ON IR IN OUR OFFICE, AND ALL OF OUR STAFF IS LICENSED SO THEY DON'T HAVE TO CALL SOME DIM WIT IN ST. LOUIS TO GET AN ANSWER...... 

This is way too much fun

 Does that answer your question?


Dec 2, 2005 5:05 am

It never get's to the stores, I drink the profits.

Have a good one!

Dec 2, 2005 6:47 am

This just in…



Drum Roll please…



Edward Jones has been Ranked No.1 for the 13th consecutive year in Registered Representative’s Brokerage Report Card.



It will be in the December edition.



BPD

Dec 2, 2005 6:50 am

[quote=BigPayDay]This just in........

Drum Roll please.......

Edward Jones has been Ranked No.1 for the 13th consecutive year in Registered Representative's Brokerage Report Card.

It will be in the December edition.

BPD[/quote]

This should have been posted on the Kool-aid thread.

Dec 2, 2005 7:21 am

Ex,



The Kool Aid has tasted pretty good over the last 25 years evidentally:



http://www.edwardjones.com/pdf/PressKitMap.pdf



BPD

Dec 2, 2005 12:59 pm

[quote=BigPayDay]Ex,

The Kool Aid has tasted pretty good over the last 25 years evidentally:

http://www.edwardjones.com/pdf/PressKitMap.pdf

BPD[/quote]

bpd,

Wasn't the UK at 100 branches four years ago with promises of larger growth ... so why at 84 and stagnant

Why is Quebec at only 14 branches, with a population of nearly 7.5 million (almost 1/4 the population in Canada) after your firm has been in Canada for over 10 years?

Of the 554 branches in Canada ..... how many are "open" locations?

Why have so many GPs been "rotated" through the UK?

Once they (gps) go to the "great white north", how come they haven't been able to "go back home" (although they've interviewed for positions in stl?)

Dec 2, 2005 1:35 pm

BPD,

You must be getting a large part of that $.62 of every dollar Jones IRs earn to preach like you do.  Look at the companies w/ whom the report is with; not many of us compare jones to other wirehouses, we compare jones v indy and how their line of crap is just that.   But hey if you want to be an employee v an owner all your life, best wishes.

Dec 2, 2005 2:49 pm

Oracle, my son is really good at making friends, and there was NOTHING planned for teenagers.  Oh… the RL did want him to babysit for him, so he and his wife could attend all meetings and socials.  Fun, hmmmm?  And, why shouldn’t I be able to attend summer regionals with my significant other…I choose not to get married… is that my employer’s business? 

Dec 2, 2005 2:55 pm

at jones it is cuz their biz is your biz.

Dec 2, 2005 2:56 pm

Registered rep Reportcard is rated by the brokers.  MOST OF WHO HAVE NEVER EVEN BEEN TO ANOTHER FIRM so they have nothing to compare it to.  A 3 year broker at Jones rates the tecnology and the research top notch....I love it! 

Dec 2, 2005 4:00 pm

Registered rep Reportcard is rated by the brokers.

Exactly, the inmates are rating the asylum.  The people remaining or still at Jones, of course, would have a high opinion of themselves and their place of work.  The rest of us who have moved on are not included in the survey. That would certain produce a different result.

Dec 2, 2005 4:31 pm

This is where the replies defending the comment disappear.

Dec 2, 2005 11:46 pm

[quote=babbling looney]

Registered rep Reportcard is rated by the brokers.



Exactly, the inmates are rating the asylum. The people remaining or still at Jones, of course, would have a high opinion of themselves and their place of work. The rest of us who have moved on are not included in the survey. That would certain produce a different result.

[/quote]



BL,



We went to Costa Rica with Jones. It was one of our favorite trips we have taken.



If the inmates truely rated their asylum, would they give it high ranks?



BPD
Dec 2, 2005 11:59 pm

If the inmates truely rated their asylum, would they give it high ranks?

Perhaps that was a bit harsh .  But sure they would since they have nothing to compare it to.

It is like being in a bad marriage.  You don't know how bad or unsatisfactory it was until you get divorced, have some distance to reflect, and then have a great marriage to be able to compare the experiences.  True story.

Costa Rica is lovely.  We are on the West coast.  The trips are very nice for people who don't mind structured travel and haven't had the opportunity to travel before.  Don't get me wrong. I think that they can be a nice perk for some people, but they didn't ring my chimes and were not an enticement to "perform" as demanded.

Dec 3, 2005 12:03 am

[quote=eddjones654]

[quote=BigPayDay]Ex, The Kool Aid has tasted pretty good over the last 25 years evidentally: http://www.edwardjones.com/pdf/PressKitMap.pdf BPD[/quote]





bpd,



Wasn’t the UK at 100 branches four years ago with promises of larger growth … so why at 84 and stagnant



Why is Quebec at only 14 branches, with a population of nearly 7.5 million (almost 1/4 the population in Canada) after your firm has been in Canada for over 10 years?



Of the 554 branches in Canada … how many are “open” locations?



Why have so many GPs been “rotated” through the UK?



Once they (gps) go to the “great white north”, how come they haven’t been able to “go back home” (although they’ve interviewed for positions in stl?)

[/quote]



EJ654,

Fair questions. I’ll try to answer:



UK growth has looked sorta like the growth at the major wires over the last 3 - 4 years. Flat. VERY different systems from infrastrucure to technology to compliance to licensing. We are staying the course but nothing like the Jones growth engine in the US and Canada. The infrastructure is close though and when it is, it will be full bore in th U.K. as well.



Quebec is only at 14 branches because this Provence is mostly French speaking and has been difficult to break into. We put our first office their in 2004. Is the population of Canada really only 30 million? Wow, I never knew that.



There are more brokers in Canada than branches as some are two broker offices and Goodknight plans. There are fewer open offices than you speak of. Right now there are less than 15 open offices in Canada and most are spoken for by brokers who are currently in training and being staffed by a BOA and transitional rep.



I am not sure specifically who you are talking about as a GP who has gone to th U.K. and back. Tim Kirly has been there for quite some time. John Bachmann spent a full year there after he retired and before he served his year as President of the US Chamber of Commerce.



How many brokers/branches does the firm that you are affiliated with have in Canada?



BPD



Dec 5, 2005 5:26 pm

about as many fee based platforms your firm has to offer.

Dec 5, 2005 6:28 pm

Ouch!!!

Dec 5, 2005 7:55 pm

How 'bout an open ended question for the Jonesers.

Under what scenario would you leave Jones and go to another firm?