[quote=rankstocks]

    H&R's average ticket size is around 10k.  If you want fund roth IRA's for a living, become a broker there.

    I've seen a few statements I've transfered from H&R Block, if they "have a wide range of products that jones will never dream of touching" then why are all they sell B-share mutual funds and annuities?

    [/quote]

Rank,

If a client isn't hitting a break point and is putting money into a retirement account, what is wrong with a B-share?  Just curious.

I’m no expert but I just don’t see how being associated with H&R Block is ever going to be a good thing.  They literally have cubes at Wal-Mart during tax season.  That’s some pretty crappy advertising for your investment business if you want to ever be taken seriously.

I’ve personally never understood why anyone goes with a national firm.  I guess it comes down to family traditions.  My bro-in-law works for an international company because that’s what his dad did.  My dad owned his own company so that’s what I’ve done.  Just never saw the appeal of wanting to pay someone in St. Louis or Kansas City to hold my hand.

[quote=Incredble Hulk]Jones Rules.[/quote]

they do have rules

[quote=rankstocks]

Anna,

    H&R can't even get their own taxes right, why would anyone go there to get their personal or business taxes done?

    H&R has recruited a few Jones brokers, but they were bottom of the barrel or already let go.

    H&R's average ticket size is around 10k.  If you want fund roth IRA's for a living, become a broker there.

    Just like banks, offices that feed referals can be changed or  reduced at a whim.

    I've seen a few statements I've transfered from H&R Block, if they "have a wide range of products that jones will never dream of touching" then why are all they sell B-share mutual funds and annuities?

    Anna, speaking of clueless, more power to you.

[/quote]

you honestly have no clue what you're talking about. last year when morgan stanley let go hundreds of brokers, HRB corp made it clear they were not hiring the 'bottom of the barrel' as you put it. In fact, HRBFA does not hire anyone, as of today, with trails less than 200k (assuming you've been in the biz for no more than 4 yrs). There was a recent news session that made a big deal of a near million dollar team they brought over from smith barney, a million dollar team from wachovia in florida (or was it morgan stanley) and the second top producer from wachovia in san antonio had a satelitte opeend for him sometime late last year.

Honestly, for every one or two abd things YOU saw, i can name more good things I know of.

You see a "few statements" and think you know what you're talking about and then make a weak attempt to insult me? More power to YOU my friend!

HRBFA has its problems, but I wouldn't go so far as to say they're a joke.

"Bottom of the Barrell?"  Thanks 

HRBFA has offered me and I'm only at $150k.

[quote=rankstocks]

Anna,

    H&R can't even get their own taxes right, why would anyone go there to get their personal or business taxes done?

    H&R has recruited a few Jones brokers, but they were bottom of the barrel or already let go.

    H&R's average ticket size is around 10k.  If you want fund roth IRA's for a living, become a broker there.

    Just like banks, offices that feed referals can be changed or  reduced at a whim.

    I've seen a few statements I've transfered from H&R Block, if they "have a wide range of products that jones will never dream of touching" then why are all they sell B-share mutual funds and annuities?

    Anna, speaking of clueless, more power to you.

[/quote]

"Bottom of the barrel".  What a classic Edward Jones comment.  I spent six years at that lousy firm and my fellow IRs were great people with great potential until the day they left the compound.  From that day forward they were scum, unethical etc.  Our old regional leader's famous line when someone left was, "oh, don't worry about him, he wasn't a 'Jones Broker' anyway.  He was just a broker working for  Jones." I guess that was his way of saying the former IR didn't have enough of the kool-aid. 

The only broker that has gone to H & R Block out of my region was on goals…

noggin,

What about going from your firm to a bank? Would thatbe any better than where you are presently?

[quote=compliancejerk]

noggin,

What about going from your firm to a bank? Would thatbe any better than where you are presently?

[/quote]

If it were the right situation, yes.

who doesn’t have a better platform and technology then EDJ–they are still working off a 1970’s technology.  Especially that wonderful 1300.00/month satellite system–God please don’t rain!!!1

[quote=badplaid]

From the Yahoo HRB board:

http://biz.yahoo.com/bw/060530/20060530005799.html?.v=1[/QUO TE]

I don't have much to say on this little dogfight, but does Jones buy a BW release whenever they recruit a team doing under $700k?

Look at the stock price of HRB vs. that of Merrill, Goldman, Lehman, AG Edwards, Raymond James.  I know that brokerage is a small, small part of the equation, but I maintain the company as a whole is run by a bunch of hacks.  Their tax business is not growing.  There sub-prime mortgage business is growing exponentially.  When that blows up in their face, look for the brokerage unit to be the first thing to hit the auction block. 

hilarious. thanks sooth.

Another very accurate prediction…