Fifth Year - Edward Jones
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I still think he’s a troll sent by the home office.
The rest of you guys still at Jones talk in general terms about your success, every now and then with a specific success story and are generally grateful for the Jones opportunity and happy the way you are. His sounds like the “recipe” repeated over and over in a way to reinforce to guys on the site who are struggling at Jones that it will get better for them.
Moraen-
Your screen name should be "Robopus." I think I speak for many Jones Alumni who think you'd be better off moving on. Your whineing and bitching is an embarassment to the rest of us. Jones is what it is, and the "Big Green Machine" isn't going to change. As I read your posts I get a vison of of a guy sitting in a crappy apartment working on a sixer of PBR, laptop on an old card table, toggling back and forth between this forum and youporn, bitterly reflecting on unmaterialized dreams and of doors, hundreds of them, knocked on with no real tangible outcome. It is time to go out and compete for Jones accounts belonging to your old coworkers. Go ACAT a nice account from some jackoff in your old region and you will sleep well that night. It is better than a sleeping pill. Friend, we've all been there, now it is time to put on your rally cap and move on. Your "top 25 lists" are pathetic. It is time to quit your whining and turn the page. You are uniquely qualified to go get some accounts from them. Do it, and the Jonesies will respect you. More importantly, live well and they will fear you. I'm not trying to be a jerk, I'm only posting as a public service.I put up an offer of anyone wanting to call me can send a PM; and still no one has. I'll also give you my town and you can look me up on the web. Edward Jones gets like 10k apps a month, so I doubt they worry about getting on a forum like this. I have said I'm sure an independent office would probably be better, just not for me. The thing I came back for is all the recommendations five years ago were to go to AG, or a big bank, and how it has luckily turned out that I didn't follow that advice. Edward Jones is still profitable while a lot of those are crumbling, or have crumbled.I still think he’s a troll sent by the home office.
The rest of you guys still at Jones talk in general terms about your success, every now and then with a specific success story and are generally grateful for the Jones opportunity and happy the way you are. His sounds like the “recipe” repeated over and over in a way to reinforce to guys on the site who are struggling at Jones that it will get better for them.
Ever see "Revenge of the Nerds" even Tri-Lambdas fit for some people and if they like it. Good for them.
[quote=Spaceman Spiff]
wp - congrats on doing well at Jones. Keep gathering assets like that and you'll be up there with Rankstocks in AUM before you know it. These guys around here are negative on Jones for the following reasons: A) couldn't cut it at Jones, got let go and now are taking pot shots at their former employer B) had some differences of opinion in the management of the firm and assets of their region (take that as I didn't get anything from the guy down the street who left the firm) C) coming to grips with their own shortcomings and feel the need to place the blame in someone else's lap instead of taking responsibility for their own actions. or D) are generally nice guys, but have some philosophical differences with Jones and the way we manage money. These are the least negative of the group. The most negative are from either group A or C. [/quote][quote=Soothsayer][quote=Spaceman Spiff]
wp - congrats on doing well at Jones. Keep gathering assets like that and you'll be up there with Rankstocks in AUM before you know it. These guys around here are negative on Jones for the following reasons: A) couldn't cut it at Jones, got let go and now are taking pot shots at their former employer B) had some differences of opinion in the management of the firm and assets of their region (take that as I didn't get anything from the guy down the street who left the firm) C) coming to grips with their own shortcomings and feel the need to place the blame in someone else's lap instead of taking responsibility for their own actions. or D) are generally nice guys, but have some philosophical differences with Jones and the way we manage money. These are the least negative of the group. The most negative are from either group A or C. [/quote] or E) After resigning from Jones after a successful run there including winning a trip in every eligible time period and being offered LP in 2003, the RL just couldn't let it go. Went so far as to say derogatory things about me, my wife, and even MY CHILDREN! Even wrote some of these things in the regional newsletter, wires to my former co-workers, and handwritten notes to some other brokers. Finally got the message that was out-of-bounds when it was brought to his attention by the Jones lawyers after being contacted by my lawyer. Up until that time, he had repeatedly denied ever doing such things. He was presented with the evidence, and then refused to apologize. He's still a RL at Edward Jones today. [/quote] sounds like an A$$hole. blame the guy, not the company. From the sound of it...you should sue the guy. I don't know...defamation of character...libel....whatever...if he was stupid enough to document the things you're saying, he deserves to be sued. RL's probably got some money too!I understand why you might think that way...and the truth is you're not wrong. But the reality is that every company has their share of d|ckhe&ds that simply know how to manipulate interoffice politics in their favor. Absolutely doesn't justify it, but that's life. So to answer your question, "What kind of a company would have such a person in a General Partnership role, and not seriously punish, reprimand, or censure them for such behavior?"...every company. I may be new to this field, and new to EJ, but I'm not new to the corporate world, not even the world of LLP's. Unless you're working for yourself, there's always the chance that you might piss off some prick who obsesses about hurting you and gets away with trite, juvenile behavior like this piece of crap your referring to. So far, my experience with Jones has been nothing but positive. I'm optimistic that it will continue to be that way, but in the end....it doesn't matter. I made the choice to work here...if I'm subsequently sh!tted on, I'll address it at that point...and not lightly. I don't like hearing that one of the GP's for my company has treated a former employee in such a manner, but I believe it's just as wrong for one to label an entire organization of 35K employees based on one maladjusted individual.What kind of a company would have such a person in a General Partnership role, and not seriously punish, reprimand, or censure them for such behavior? And, then, never get a formal apology from the company–just a luke-warm, milk-toasty one from their lawyer.
I put up an offer of anyone wanting to call me can send a PM; and still no one has. I'll also give you my town and you can look me up on the web. Edward Jones gets like 10k apps a month, so I doubt they worry about getting on a forum like this. I have said I'm sure an independent office would probably be better, just not for me. The thing I came back for is all the recommendations five years ago were to go to AG, or a big bank, and how it has luckily turned out that I didn't follow that advice. Edward Jones is still profitable while a lot of those are crumbling, or have crumbled.[/quote] I don't care if he's a troll or not. Maybe he's the one in a hundred who has done everything right from day one. There are a few guys around like that though not many. Some are asset inheritors in disguise and others are bringing over books from other firms. The reality is a lot of people have worked their fannies off and their businesses are still at risk in this horrible bear market. Jones gets 10K applications a month?? I have to tip my hat to their marketing efforts. The caveat is that this is a great job if you make it and very few people make it. All firms downplay the risks of the job. They all downplay the cronyism and nepotism too.[quote=Moraen]I still think he’s a troll sent by the home office.
The rest of you guys still at Jones talk in general terms about your success, every now and then with a specific success story and are generally grateful for the Jones opportunity and happy the way you are. His sounds like the “recipe” repeated over and over in a way to reinforce to guys on the site who are struggling at Jones that it will get better for them.
DB - very nice. I appreciate the pep talk. But really I think you’d be surprised by my business and how much I’ve taken from Jones since I left. I designed a business model to specifically target Jones’ weaknesses before I left. I’ve also set myself up to take Jones brokers (and not ones who are failing). I recently hired two Green alumni so we can crowd around my old card table on my laptop and think of ways to kill Jones (the visual was hilarious by the way).
But I will not stand by while you denigrate PBR - PBR got me though grad school!
You may not realize this Moraen but 85% of your posts involve you accusing someone of being a troll. it may be more fun for you on here if you actually read posts and contribute to conversations. troll troll troll loser troll troll troll it gets old after a while, thats all i'm sayingI still think he’s a troll sent by the home office.
The rest of you guys still at Jones talk in general terms about your success, every now and then with a specific success story and are generally grateful for the Jones opportunity and happy the way you are. His sounds like the “recipe” repeated over and over in a way to reinforce to guys on the site who are struggling at Jones that it will get better for them.
You may not realize this Moraen but 85% of your posts involve you accusing someone of being a troll.[quote=Moraen]I still think he’s a troll sent by the home office. The rest of you guys still at Jones talk in general terms about your success, every now and then with a specific success story and are generally grateful for the Jones opportunity and happy the way you are. His sounds like the “recipe” repeated over and over in a way to reinforce to guys on the site who are struggling at Jones that it will get better for them.
it may be more fun for you on here if you actually read posts and contribute to conversations.
troll
troll
troll
loser
troll
troll
troll
it gets old after a while, thats all i’m saying[/quote]
Proof? I have 98 posts, including this one, which means that approximately 83 of my posts would have had to include the word troll.
By my calculations, I only have accused one person of being a troll, and I’ve only done that twice. That would mean that I actually only accuse someone of being a troll approximately 2% of the time.
I could be wrong though.
count the number of posts you used the word troll in.
to my calculation 73 or your 98 posts say "troll" at least 17 times. the other 25 posts only say it 16 or less.are you an advisor? do they not require basic math skills at your firm?
or counting skills? unless you are counting when people reply to me, I have only used the word troll 2 times. how about you use that thing in the upper right called the "search button". type in troll, see what pops up. you're a moron. i haven't used that yet, but I must be accusing someone of being a moron 47% of the time. get a new hobby, this one's not working for you!I side with Moraen on this.
There are a lot of trolls out on these boards. Troll posts are easy to identify when
you see them. They usually spout the company line.
It’s interesting that brokers, for a group of free thinking capitalists, don’t like dissent
very much. It’s like the old Soviet Union where their parliament used to pass resolutions
with a unanimous vote. They called that “the party line”.
All firms have a party line. I know it’s foolish to fight the firm. I try not to. People who
benefit from the party line like asset inheritors are less likely to question the party line.
At Jones the “party line” is particularly strong and thick like a thick blanket of broker political
correctness. Free speech is good for all of us - especially large firms who are cutting jobs
left and right and pretending like they’re above question.
I think Merrill handles adversity better than Jones. Merrill calls a layoff a layoff. At Merrill a pion is
a pion. At Merrill you know where you stand in the pecking order with out the phony self righteousness.
Jones is a great firm but they like to sugar coat the truth a bit.
What’s happening to a lot of Segment 2 and 3 guys right now is like taking a rat turd, spray painting it pink, and saying “it’s tasty”.
Moraen and Sword,
you're not wrong. There are a ton of people on here quoting the Jones rhetoric right out of the book. I really don't think that automatically makes them trolls. I think it just makes them "new". You have to remember, the first year your at Jones, its Koolaid 3 meals a day. They're still caught up in how great everything appears to be. They quote they're recruiting talking points and spout off about 25 a day. It does get old, but only because people with no real experience try to tell you how everything is going to be better, and all you need to do is make 25 a day. Meanwhile, they're at starbucks studying for their 7. Maybe your right morean, some of these people may be trolls. I guess my only point is... who cares. Let em' type away.I agree. The majority of Jones people on here are newbs. The newbs are just (mostly) young and overzealous. Many have not been around the workforce long enough to understand that things are not always “as they seem”, and that most good companies want to enstill some level of pride or whatever in their employees. I can’t fault Jones for that. It’s just good business. But it’s probably best that newbs DO have pride in their firm early on, especially in this industry. This is a tough business, and you need something to latch onto during the tough years to keep you going. If it’s pride in your firm, or even some false sense of security, if it helps you get through it, then great. Prior to this meltdown, I would say most wirehouse advisors had pride in their firms, especially the Morgans and Merrill’s of the world.
I’ve got to agree with you B24, I think new people just want to feel like they’re a part of something. They’ll come around.
[quote=UNDERMINDED]I’ve got to agree with you B24, I think new people just want to feel like they’re a part of something. They’ll come around.[/quote]
You just hit in on the head! Were I at Ed Jones… I’d want to be ‘part of something’ too!
Really the troll stuff was just trying to be funny. I think it’s unlikely that Jones would hire a public relations person to come on here and use GP money to talk up the great things at Edward Jones. Old boy sounds like he’s doing well for himself, and he has managed to either weather the environment without resenting it, or he’s got an entirely different environment than some of us had to deal with at Jones.
yeah, I think its all in what you make of it. Unfortuneatly crappy RL’s can put a clamp on that if you get stuck with a bad one. My opinion, stay as far away from the koolaid as possible and Jones can be a fine place to work.