Hiring at Jones...Do you have a pulse?
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[quote=B24]BH, that was yet another spoof on a Jones “new hire”. Are you starting to see a trend the past 30-60 days I think it’s BSpears hard at work in his garage/office.[/quote]
I guess I got caught by that one.
Some of this stuff is pretty funny and/or lets you blow off steam. But here’s hoping the site remains first and foremost a great place to share ideas and inspiration.
Your facts are...well...a little off based on the people I know who have interviewed and currently work there. No need to feel inferior about your firm though. It is a good company that offers unlimited upside, freedom from a branch environment, no pressure to annuitize assets, low asset/production hurdles, low barriers to entry, no need for initial capital outlay, and the ability to become a LP at some point...maybe, cross your fingers. It simply is not a hard firm to get hired at though...I know for a fact that over 85% of people do not get offered a FA position. Trying to grow organically is not all bad. At least Jones doesnt have to worry merging completely different firms like BAC/Merill and AG Edwards/Wachovia/Wells Fargo. Either grow on your own and people on this board make fun of you OR merge. Neither is perfect.
Great place to start. But at 68 the end is too close to make it at Jones unless he gets assets, and a lot of luck.
Jones should have counseled him to take another route. Those of you still there should be scratching your heads when you see your bonus money (still in the 0 bonus bracket?)go down the drain with decisions like this.
Checked junk mail today in my outside business acct email. Guess who wants me to become a Financial Advisor…Edward Jones. What a bunch of dipsh*ts…sending out mass emails to hook in some suckers. Nice…
And it seems they don’t have the cash to go after guys who do break their contract. They are one of the Top 100 companies to work for. If you don’t believe me, just ask them.
I believe technically yes. However, I the other occupants are dentists, doctors, chiropractors, and insurance agents. So, is there a Subway, or a tatoo shop in my strip mall, no. Call it what you will.Are you in a strip mall, Spiff?
[quote=footsoldier]I would give the old guy a fighting chance if he had at least taken over assets. They give reps all the time assets who don’t deserve it.
But come on, even if the guy was extraordinary, is it fair to make him start from scratch pushing 70 years old. Jones gets the hire, and the guy is on the streets trying to supplement his income in no time as a greeter. Sad that the firm who cares so much about its employees treats them like an interchangeable part. Still waiting for Spiff's spin...[/quote] I don't see the point in hiring a 70 year old guy unless he has a $50 mil rollover that is going directly into Advisory Solutions or MAP. If they did hire a guy like that as a new/new then someone needs to be fired. With that said, I don't believe your story. Are you expecting us to believe that a 67 year old made it all the way through several interviews, both on the phone and in person, and didn't ever mention that he only wanted to work part time? That during those interviews there wasn't any discussion about knocking on doors, starting from scratch, 60 hour work weeks, etc? Did he think the practice doorknocking was just for fun? Why is he worried about leaving Jones and who owns the assets? Does he want to pass them on to his kids or grandkids when he dies? It just doesn't make any sense to me. And it wouldn't make any sense to one of our recruiters or our interviewers in the field. Something about this conversations stinks.I believe technically yes. However, I the other occupants are dentists, doctors, chiropractors, and insurance agents. So, is there a Subway, or a tatoo shop in my strip mall, no. Call it what you will. [/quote][quote=Borker Boy]Are you in a strip mall, Spiff?
Strip mall.
I believe technically yes. However, I the other occupants are dentists, doctors, chiropractors, and insurance agents. So, is there a Subway, or a tatoo shop in my strip mall, no. Call it what you will. [/quote][quote=Spaceman Spiff][quote=Borker Boy]Are you in a strip mall, Spiff?
Strip mall.
[/quote] OK. Then the indy lady down the street, the CPA, the attorney, the doctors, dentists, insurance agents, and the engineering firm are also in the strip mall. So be it.
With that said, I don’t believe your story. It’s the truth…I ain’t lying.
Are you expecting us to believe that a 67 year old made it all the way through several interviews, both on the phone and in person, and didn't ever mention that he only wanted to work part time? The reason he wanted to work part-time now was a change in his financial situation (I didn't press any further) occurred. Maybe he found out while he was door knocking it wasn't going to be that easy. Why is he worried about leaving Jones and who owns the assets? Does he want to pass them on to his kids or grandkids when he dies? It just doesn't make any sense to me. And it wouldn't make any sense to one of our recruiters or our interviewers in the field. That during those interviews there wasn't any discussion about knocking on doors, starting from scratch, 60 hour work weeks, etc? Did he think the practice doorknocking was just for fun? Maybe he read his contract before he signed it. Any reasonable person would or should have concerns about their exit before they start. That is a prudent and responsible thought process for a true business owner. He claims he likes doorknocking and hard work. Maybe he's a great salesman. I never met the man until he called. Something about this conversations stinks. What stinks is your firms hiring practices? I just find it outrageous they hired him in the first place. Spiff...when it sounds so bad, the messenger must be making it up. Unlike you, I don't have time for fictional communication.I believe technically yes. However, I the other occupants are dentists, doctors, chiropractors, and insurance agents. So, is there a Subway, or a tatoo shop in my strip mall, no. Call it what you will. [/quote][quote=Spaceman Spiff][quote=Borker Boy]Are you in a strip mall, Spiff?
Strip mall.
[/quote] If a kid kicks a Backside Heelflip on his new Ellismate deck in front of your office, you are in a strip mall.
You guys are mighty negative about Jones. What alternatives do you all suggest for a new/new to start out with? Obviously I think the story about the old man is a complete farse. Seems like a decent place to start with the deck loaded in your favor. As the not so funny 90’s comic Jerry would say, “What isss the deal?”
Farse \Farse, n. (Eccl.)
An addition to, or a paraphrase of, some part of the Latin
service in the vernacular; – common in English before the
Reformation.