I got them from and old LP report in 2003.  Maybe more were leaving (like myself) then?

FYI:  RJFS has  about a 2% turnover rate of all advisors as a firm which counts brokers who retire or get canned.  After all, if your indy...where else can you go from there? 

If anyone is interested, I'll get updated numbers from RJFS at the conference next week as they do a firm update.  That's if I even bother to attend that meeting...(no attendendance is mandatory at any meeting in the conference) which I probably will go as I do like to get a few of the facts as I am a shareholder now with FREE options!.

7yr,

You took what I said about the guys in Ft Bragg leaving out of context. I said that was not and ethical issue.

You seem to approach this topic like many Koolaiders.  That the only place to serve clients ethically is at Edward Jones.  Who is to say that I can not serve my clients ethically while not at jones.  At the same time I get the benefit of owning my own business and making a few more bucks.

I feel more "ethical" away from jones because I have access to more investment options many of which are more suitable for clients than some of the pref fund families offerings.  I also have access to better tools and technology.

There are sleez bags at jones. I knew of some in my old region that look for net above all else.  And there are good brokers at other firms.  And at some of those other firms you get more money and respect from your clients for your hard work.

[quote=zacko]After all, if your indy...where else can you go from there?  [/quote]

The next step, beyond the indy B/D is the indy RIA, for those who want to cut out the NASD middle man.

Guest1

Let me define a lot in Jones terms, more then seven.  Sorry I could not resist.  You have to realize there is no big cover up.  Jones is a national/worldwide firm just because you have 30-50 brokers in region and you talk to 100 more does not mean you are seeing the big picture from over 9000 brokers.  Give me a break Jones is not going to come out and say hey guys we are losing brokers.  Do the math.  Call IRD and ask them how many hires they have this year and then ask them what the retention rate is on new hires, and finally find out what the net growth is for the year.  I think if you do the math you will come up with a lot.  Lets say 150 Segment 4 brokers left in the last 12 months.  I think I could tell you 20 off the top of my head, some of which were 400+ producers.  Lets say they are minimum seg 4 27k a month broker that is 48,600,000 yearly in production gone.  Replaced by what, new costly brokers that are no where near the income earners of those who left.  I'm not sure about you, but 48,600,000 in production in my mind is A LOT.