EJ Changes Below Expectation Rules
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[quote=Philo Kvetch]HKA, you misunderstand quite a bit actually. You see, some of us have been haunting these boards for 10 or 15 years. I must confess that I’m one of them. You’re not the first young’un passing through singing Jones praises, and you won’t be the last. Now it’s good that you’re proud of you firm…we should all be proud of our company or we should find another more suited to us. Here’s the first of your major misunderstandings…many of us are proud of our firms and think they’re the best, the difference being that we don’t spout endless, inane drivel about how our firm is the ONLY good one and the rest are dirt. (As an aside, do they teach you that nonsense in training? ) As to Noggin, he’s way ahead of you…He was a Jones broker, and apparently a good and successful one. He was proud of his firm of course, but he asked questions in a civilized manner and ultimately decided that the grass really IS greener on the other side of the fence. Lokk, I don’t even have a dog in this fight, but I would urge you to turn down the polemic and show some respect to others…it’s the only way that you’ll earn a modicum of respect for yourself. Of course you can do whatever you like, but be warned; if you choose to try to play hardball, wear you helmet. You’ll need it around here.
Wow…lots to get to…but lets start slow…B24…thanks…i saw your stats after I posted my message…looks good though considering the time.
Ice - I am not mixing him up with bspears…I don’t even respond to him because he is just doing it to get to Jones folks…Noggin just seems bitter to me…and i’ve seen tons of his posts and there always is a message of anti jones talk just for the sake of it.
Now…Kvetch…first off son…I have been in the financial world for 20 years, so the young’un comment is a joke. Second, if you look at every post I have ever written you will see that I have NEVER said that EDJ is the best firm out there…I have said, that while it may have its flaws, it is the best for me at this time…and I think I will stay here long term…Noggin is far from way ahead of me…I will guess that he is actually way behind me as far as experience and education in the financial arena…Regarding respect…if you take a moment, and look at the comments made by the haters out there…and look objectively…you will see that they need to show some respect and not just put down a firm because they feel jilted and are looking to bash for bashing’s sake. Do you really think the comment of “how can anyone work for a firm that…blah blah blah…”.is asking questions in a “civilized manner”…and showing respect? I have been on this thread for a while now…not as long as you but …so what???..So you see, young man, if you mind your business, or at least check your facts before you respond to a message that wasn’t meant for you…maybe you can get it right and not just be a basher like the bspears of the world![/quote]
I know I’ll get hit for this, but I’ve got to say kool-aid, the only reason he assumed you were a youngin was because your posts sound naive and ill-informed. I won’t speak for everybody else, but my guess is that is what Noggin was trying to say… My guess is that he is NOT behind you at all in the realm of education and experience.
If you want to call anyone bitter, that’s me:), (Bitter, party of one). But I think Noggin’s posts have been well thought out and relevant. Whereas yours have just been about how great the kool-aid tastes.
At least B24 and Spiff have intelligent things to say.
I would love to have you point out a “naive and ill informed” statement that i’ve ever made on this site. I assure you, if you think you found one, it is either a time when I got frustrated and snapped at a hater…actually, thats the only time, if any, that you will find one. I’ve consistantly referenced good & bad characteristics about Jones and never been one to say “we are the best and everyone else pales in comparison”. I’ve been around long enough to know that no company is perfect and in one way,shape or form, all companies are looking out for number 1! What I HAVE done, is called out some of the posters that CONSISTANTLY make comments that are based on pure hatred of a firm based on the fact that it didn’t work for them. Just because I have Kool-Aid in my screen name, people seem to think that I am one of the people that think there is only one firm worth a damn…while actually, I feel the firm has little to do with it…it’s more about the individual advisor, now that being said, an advisor is much better suited for a firm that he/she feels comfortable with and for me, at this time at least, that firm is Jones.
As an aside...isn't funny that the Haters such as Moraen are the only ones making these type of posts...pretty sadEdward Jones IS the best…every other firm sucks! Eeeee Jaaaayyyy all the wayyyy!!!
couldn't help myself! Can't wait till my can-sell!Wow… such hatred! I am, in fact, a Jones hater. I admit it. They say admitting it is the first step.
It would seem to me someone with your vast experience would not get upset when haters say bad things about Jones. Most vets I know shrug such things off -
I have been pretty consistent in my hatred, but I think it’s been accurate. In fact I know it’s accurate because they were real events that happened to me. It’s tough sometimes to look into the mirror, but even tougher when somebody puts it in your face. You tend to resent that person.
Jones is the only brokerage firm I’ve worked at… and I’ll never work for another brokerage firm again. If Jones is the best there is out there, I’m better off on my own. And so are most people who run this type of business - just my opinion.
Also, old-timer, I’ve never known someone who is so experienced and knowledgeable to get so upset so easily.
I will continue with my hate posts, but at least I know what I am…
[quote=Squash1]That’s one of the reasons I left and switched what I was doing… I figured I could really help 100 people or kind of help 600…
Got sick of the dot, the new money month after month, new accounts(that I would never talk to again).. just to get by...wasn't worth it..[/quote] Only 600? I already have 500 and imagine I'll need another 1500 or so to survive over the years. It's all about the new money, baby![quote=Moraen]Wow… such hatred! I am, in fact, a Jones hater. I admit it. They say admitting it is the first step.
It would seem to me someone with your vast experience would not get upset when haters say bad things about Jones. Most vets I know shrug such things off -
I have been pretty consistent in my hatred, but I think it’s been accurate. In fact I know it’s accurate because they were real events that happened to me. It’s tough sometimes to look into the mirror, but even tougher when somebody puts it in your face. You tend to resent that person.
Jones is the only brokerage firm I’ve worked at… and I’ll never work for another brokerage firm again. If Jones is the best there is out there, I’m better off on my own. And so are most people who run this type of business - just my opinion.
I will continue with my hate posts, but at least I know what I am....[/quote] Everyone on this thread always talks about Spiff & B24 with respect, even if in disagreement with their opinions, and I agree with that!...Both of them on occasion, have been angry with the hatred spewed in Jones direction on this thread. I don't see how that has anything to do with experience or lack of it...it has more to do with passion and loyalty for the firm you work for. I think the naivete (sp) comes in where someone like yourself spews hatred based on your own personal experience and doesn't take all facts into account. Obviously, Jones has a lot of fans for employees...otherwise the rankings we get for best places to work for wouldn't exist. I know for a fact that there are regions out there where the leadership is flawed and people aren't treated well, favoritism/nepotism occur etc. However, my experience and many others that I know of have had great experiences with the firm. I have worked in Corporate america for 20 years and let me tell you ...there are certainly worse, more beaurocratic places to work in this world. All else aside, I definately see the benefits of independence as well...as a matter of fact, when my assets/production reach a certain point I would certainly check my options.
How OLD are you?
20 years financial world, 20 years Corporate America… what’s next 20 years in the military?
I know, I’m sorry the 20 years in the financial world are the same as Corporate. Just messing with you man.
You seem like a good guy Kool-aid. Just jerking your chain. And I think it was unfair to characterize noggin as a hater… like me.
I find it so inspirational when a person finds it within oneself to rise up above the horrific injustices and detestable treatment that one has endured and is able to show compassion, understanding and leadership rather than become consumed by anger and hatred. Like Ghandi...Christ...MLK...Rosa Parks. Hatred begets hatred. Understanding begets understanding. Kumbaya mofo!
When you die...how will you be remembered? And will your income keep up with inflation during retirement...HKA,
Posts on this forum prove there are not tons of posts from mindless Jones Lovers that babble their faith. There are far more idiotic "hater" posts from people like Philo and Moron. They beleive that if they all post something over and over it becomes true. Sadly for them it is not working. They also justify their many posts predicting the death of Jones as it is some counter balance to the 1000's and 1000's that love Jones and post it constantly. Arguing with these idiots is pointless. The facts speak for themselves even though they will ignore them and "type" their own facts..Mid 40's..and yes..the 20 years in financial and corporate are the same 20 years (no military experience i'm afraid!)...thank goodness! I'm sure all of us...haters and otherwise, could sit and have a few beers and laugh and trade lots of warstories! I have been on this forum long enough to have read Noggin's posts prior to his independence...and ever since he has been a hater in my opinion. He may be a nice guy...but i've seen quite a few rants that remind my of political discussions where no matter what the republicans do...the dems call them idiots and vice versa, regardless of the content. I haven't read many of your posts....what was your experience that made you the bitter hater that you are?How OLD are you?
20 years financial world, 20 years Corporate America… what’s next 20 years in the military?
I know, I’m sorry the 20 years in the financial world are the same as Corporate. Just messing with you man.
You seem like a good guy Kool-aid. Just jerking your chain. And I think it was unfair to characterize noggin as a hater… like me.
I just read the first five posts, but this is B.S. EJ has $1.5B in the bank, and though obviously net income is down, it is still one of the strongest companies in any business right now. Hell, you think Berkshire Hathaway isn't trying to cut back?I think this is hilarious! Expensive business model, veteran advisors carrying the firm for years and being recruited like crazy, Regional meetings where the number one focus is growth, growth, growth, all these resources being dumped into training brand new advisors how to door knock. Is this really sustainable?
Well HKA, I’m not only your better (which is obvious) but I’m your senior as well!
Quit while you’re not too far behind, kiddy.
That's ok...you'll probably die first.Well HKA, I’m not only your better (which is obvious) but I’m your senior as well!
Quit while you’re not too far behind, kiddy.
[quote=Philo Kvetch]Well HKA, I’m not only your better (which is obvious) but I’m your senior as well! Quit while you’re not too far behind, kiddy.
That’s ok…you’ll probably die first. [/quote]
The way the world seems to be going, I really don’t mind.
[quote=Hey Kool-Aid]
[quote=Soothsayer][quote=Hey Kool-Aid]
Its funny how Jones raised the bar from 14K to 18K when the market was good. They needed more revenue back then so they must really be in a pickle now. They blamed it on inflation or something. Thats comical. I thougts more assets and revenue (quantity,volume) would keep you up w/ inflation. That last increase is a HUGE increase. That tells me they REALLY needed it. Then they force FEE based accounts on everyone. Sorry but the Jones philosphy doesn’t support this type of account management. I guess they just need the fees.
I don’t know that I’d attribute anything sinister there, Indy. They were just squeezing the pigs 'til they squealed and it’s to EDJ’s credit that they realized that this year is going to be most decidedly different.
[quote=Borker Boy][quote=Squash1]That’s one of the reasons I left and switched what I was doing… I figured I could really help 100 people or kind of help 600…
Got sick of the dot, the new money month after month, new accounts(that I would never talk to again).. just to get by...wasn't worth it..[/quote] Only 600? I already have 500 and imagine I'll need another 1500 or so to survive over the years. It's all about the new money, baby![/quote] Why? 100 clients with an average of $250K is $25 millions at 1%= $250K gross @70%(payout-expenses) is $175K..[quote=ytrewq] HKA,
Ummmmm… I don’t think I’ve ever predicted the death of Jones. Oh, wait… nope.