EJ wins JD Power Cust Sat Award

I am sure it is rigged just like the RR mag survey, Fortune survey and Dalbar etc etc etc

I'll be throwing this in everybody's face, but I'll throw it knowing how how to spell the word throw. What a dork.

Looks like their brokers aren't the only ones that are drinking the kool-aid from a beer bong.

Do real people still use the word “dork”?  Wow William, you know how to slam a guy.  I don’t know how I am going to get up from that one.

What always killed me about Jones was that any positive publicity was all absolutely true.  All of it.  Every word.  Anything negative written about the company was not credible–in fact an outright lie.  Just look at their reaction to the whole revenue sharing thing.  You can’t have it every which away.  If you’re going to go running around like that punk kid mentioned in the previous post saying, “See I told you, see I told you!” then you also have to accept some of the criticism.  Jones has never accepted any criticism with the slightest hint of humility.   

I'm curious...does anyone know how JD Power gets it's data? 

Companies that expect to do well can manage, I'm sure, to have clients included in the polling.  But what of companies like Schwab and Waterhouse?  I can't see them telling the pollsters, "Hey!  Call over to the Smith household!  They hate our guts!"

What always killed me about Jones was that any positive publicity was all absolutely true. All of it. Every word. Anything negative written about the company was not credible–in fact an outright lie. Just look at their reaction to the whole revenue sharing thing. You can’t have it every which away. If you’re going to go running around like that punk kid mentioned in the previous post saying, “See I told you, see I told you!” then you also have to accept some of the criticism. Jones has never accepted any criticism with the slightest hint of humility.

bpd,

not only don't you lool-aid swillers comprehend sarcasm, yous guys clients don't read The WSJ (or that's what your lame duck managing principal claimed)      

CJ,



Could you please trnslate your comment into english for me? Maybe then I will respond.



BPD

It seems simple to me why a company would be hesitant to admit wrong doing. They don’t want consumer confidence to drop. That protects the company and the reps. Did Bush admit to wrong doing in Iraq! Sounds like EJ was hoping to ride out the revenue sharing thing as quitely as possible. What’s wrong with that? Probably the best thing for the company and their reps. Sounds like a smart business decision to me.

bpd,

LOL ...  as must be anyone from the "dark-side" of EJ. Are you taking writting lessons from Fakklands as you are just as funny!

As for translating, I guess you would have to have been reading this forum for a number of years to fully understand.

as for the WSJ bit, check out http://registeredrep.com/mag/finance_accused/index.html 

what 30 year bond are suggesting everyone to buy TODAY?

You guys are all wrong,

Clients for the most part don't really care about Edward Jones.  92% of my clients didn't care or show any loyalty to Jones when I went indy.

The POINT that all you are missing is that if clients are happy it simply means that they are happy with and like/trust their adviser.  Jones brokers have always enjoyed a more personal relationship with their clients due to the one-man office arrangement.  It creates an intimate setting that clients enjoy.  There's your dalbar results right there.

Many clients already view Jones brokers as franchise owners as they don't really understand the relationship.  I remember when a second Jones office opened up in my town--I was first).  Clients asked--HOW could they do this to you?  They saw me as the one they were happy with and Jones as the clearing firm who prints their statemnts and tries to sell them credit cards.

The "my firm is better than your firm" mentality that occurs here circumvents an obvious and often understated fact.  Most clients don't do business with firms--they do business with their advisers. 

Now, if you are talking about what is the best platform to run an office from.....that's a different scenario altogether.  It's indy all the way--no comparison.

Zacko, amen.

We need to seperate the IR from the company. 

Frank,

That's a big part of being indy is all about.

What always killed me about Jones was that any positive publicity was all absolutely true. All of it. Every word. Anything negative written about the company was not credible–in fact an outright lie. Just look at their reaction to the whole revenue sharing thing. You can’t have it every which away. If you’re going to go running around like that punk kid mentioned in the previous post saying, “See I told you, see I told you!” then you also have to accept some of the criticism. Jones has never accepted any criticism with the slightest hint of humility.

bpd,

you're right they never lied.

So could you please explain why

1) your firm agreed to a $75 million dollar settlement

2) your managing partner returned $3 million from his last year's compensation

3) your managing partner agreed to step down in the same settlement

Don't Jones customers read this message board? Bunch of idiots. All they seem to care about is good service and solid investments. Don't they understand that Jones payout is lower and they don't have email? Stupid customers.

"Solid Investments"  Yea right.  High net worth clients in general do not go to EDJ.  You guys are pikers and the big money knows that.  You can keep plunking along year after year after year Bill.  See how you feel when you have 3000 clients and virtually no trails built up and all you can see in front of you is more of the same for the rest of your career.   More power to you I guess if that is all you want out of your career.        &nbsp ;   

Malcolm, you have said a lot of really dumb things before, but this one beats all. 3000 clients with no trails? How about 30,000,000 in MFs at year 4 with a LOT of trails and 567 clients, give or take. When I have “3000” clients, I’ll be fine. Unless I jump from firm to firm like Liz taylor jumps husbands.

[quote=Bill Fakkland]Malcolm, you have said a lot of really dumb things before, but this one beats all. 3000 clients with no trails? How about 30,000,000 in MFs at year 4 with a LOT of trails and 567 clients, give or take. When I have "3000" clients, I'll be fine. Unless I jump from firm to firm like Liz taylor jumps husbands.[/quote]

The first thing you find out after going indy is how much you were screwed and lied to by EJ.  I was told that the MF co's kept .75% of the sales charge off the top. The rest was paid to Jones and I got a 40% payout on that.   AmFunds A-shares are 5.75% max. Jones gets 5% and you get a 40% payout.  Did I do the math right?

Then, I go indy and the MF company isn't taking the .75%.  I get the whole thing.  At Jones, you really get screwed at the 100K breakpoint.  Load is 3.5% and you get 40% of 2.75%.

Bill, check out how much you were screwed.  .75% times $30,000,000.  You could buy a nice house with that

Ellie, the sad truth is that I’m really not being screwed frequently enough. Thats not your fault, though. I think you may be forgetting the bonus, though…mine is going to be about a months net/net commissions here in April. That is substantial. I may buy a playhouse for my daughter and a new barbecue, and maybe a deck of smokes.

[quote=compliancejerk]

bpd,

you’re right they never lied.

So could you please explain why

1) your firm agreed to a $75 million dollar settlement

2) your managing partner returned $3 million from his last year’s compensation

3) your managing partner agreed to step down in the same settlement

I would like to answer your question, but can’t.  It may compromise my identity, do damage to a broker or two still at Jones, and stir up a bunch of ugliness that I just don’t want to start.  I’ll leave it at that.  I would love to give you name, day, setting, and context of what was said, but can’t with the the lawsuit in California still pending.

Another 65 gross month for me.....No fancy bonus brackets or varying payouts depending upon share class or firm policy.

53k net less my office expenses of about 10k.  So, 43 net pretax.  That's kinda like getting one of those fancy bonus checks too...but I wonder why they keep sending me one of those every month?  Go figure?

So, please don't tell anyone as it might be a mistake!

I just checked....

It's actually not a mistake! 

I actually keep about 80% of my commissions instead of 38%.  No "bonus" check though....oh well. Can't win em all.

[quote=zacko]

I just checked....

It's actually not a mistake! 

I actually keep about 80% of my commissions instead of 38%.  No "bonus" check though....oh well. Can't win em all.

[/quote]

No bonus?  Awwww.....that sucks!  Man I feel for ya.    

Are you crying all the way to the bank?

[quote=Bill Fakkland]Ellie, the sad truth is that I'm really not being screwed frequently enough. Thats not your fault, though. I think you may be forgetting the bonus, though...mine is going to be about a months net/net commissions here in April. That is substantial. I may buy a playhouse for my daughter and a new barbecue, and maybe a deck of smokes. [/quote]

That's great man.  You 'jes keep sellin' them three preferred funds, kay?

Sooth, how convienient

[quote=Guest1]Sooth, how convienient[/quote]

Sorry, but it's just not worth it to put people's livelihoods and careers at risk over some silly, bullsh*t ego battle. 

[quote=Soothsayer]

[quote=Guest1]Sooth, how convienient[/quote]

Sorry, but it's just not worth it to put people's livelihoods and careers at risk over some silly, bullsh*t ego battle. 

[/quote]

Stand your ground Sooth....smart man!  Don't take the bait.

Bait?? Sooth just found a way to say whatever the heck he wants and doesn't have to prove it. I call that convienient

I would like to answer your question, but can’t. It may compromise my identity, do damage to a broker or two still at Jones, and stir up a bunch of ugliness that I just don’t want to start. I’ll leave it at that. I would love to give you name, day, setting, and context of what was said, but can’t with the the lawsuit in California still pending.

And, I will answer you one final time…The incident I am speaking of is so freaking real and specific, that if I mentioned who said it, what he/she said, and when they said it, it would be obvious to anyone who was present, and they would recall the incident as well.  Then, throught the power of transitive logic, they could figure out who all heard what was said, and then figure out who is no longer working at Jones.  Got it?  Have a nice life!

BPD, Soothsayer has been quite clear that he cannot answer your questions without compromising other individuals.  He has taken an honorable postition.

Why do you persist in calling him a liar?  Is everyone with whom you disagree a liar?

If your attitude is a representative sample of the firm you represent, I must say it's pretty sorry.

Starka--

Thanks for understanding and "getting it."  If what I'm speaking of is that dangerous, believe me it's real.

[quote=Starka]

BPD, Soothsayer has been quite clear that he cannot answer your questions without compromising other individuals. He has taken an honorable postition.

Why do you persist in calling him a liar? Is everyone with whom you disagree a liar?

If your attitude is a representative sample of the firm you represent, I must say it’s pretty sorry.

Most recently, your post of April 30 2005 at 1:21am.

Sooth, you stated that Jones was called on something in the PRESS and said it was a lie. By stating what the "lie" was how are you compromising someone? If Jones publically stated it was a lie, who are you exposing?

Starka, sorry I missed where BPD called him a liar. I won't go that far but it is pretty chicksh*t to say something like that and then plead the fifth.

I have a reliable source that says 80% of Sooths business is in B share annuities. BUT, I can't reveal my source 'cause someone might get hurt.

Get it! Stupid tactics that make this board so fun to read.

Yes, I’ve noticed that you Jones people have trouble with reading comprehension.

Someone needs to findout how many of those custimers read the WSJ, because according to 3 Mill Bill Hill Edward Jones Investments customers don't read that nasty rag.................. 

Their Clients aren't smart enough, and don't require the TRUTH....   

With all the Jones Lovers on here and not one of you has the guts to admit The Firm should tell it's clients the TRUTH.......Hopefully the SEC reads this and wakes up........ and slaps them with another FINE.........OH, THAT WAS THE truth.......... 

WHEN WILL THEY EVER KNOW................. NEVER, If it is up to Mr 3 Mill Bill Hill and his FRAUDLENT band of GP's

By the way have any of you Jones Drones explained how Mr 3 Mill Bill Hill paid 3 Million to keep his fat 277 out of jail, and you still defend him ?

I don't know who is smarter, your clients that don't read the WSJ, or Jones Ir's that are not GP'S.....

Aaaaagh!!!! My eyes!!!! 

Please post with fewer emoticons.  It will really make your post more readable.

Most recently, your post of April 30 2005 at 1:21am.

[quote=Starka] Most recently, your post of April 30 2005 at 1:21am.

BPD, it is not there

"Sooth,

All this Jones bashing and now you are called to the carpet and you are pleading the fifth. Pretty wimpy. "It may comprimise my identity". What a crock. "

                                     --BPD, April 30 2005 at 1:21am

^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^

Now that either means that tow of you can't read, or you're the same simple creature posting under two names.

Which is it?

Typo: Two

Starka,



Where’s the post where you said I called Sooth a liar?



BPD

I quoted it for you a couple of posts ago.

Or does "what a crock" mean "I agree with you completely"?

The post you listed does not exist.



BPD

[quote=BigPayDay] [quote=Soothsayer] I would like to answer your question, but can't.  It may compromise my identity, do damage to a broker or two still at Jones, and stir up a bunch of ugliness that I just don't want to start.  I'll leave it at that.  I would love to give you name, day, setting, and context of what was said, but can't with the the lawsuit in California still pending.[/quote]

Sooth,

All this Jones bashing and now you are called to the carpet and you are pleading the fifth. Pretty wimpy. "It may comprimise my identity". What a crock.

Let me ask the question again:

What was stated in the press that was negative for Jones that Jones said was an outright lie?

[/quote]

Clearly BPD, if you're that simple, we have nothing further to discuss.

Where did I call Sooth a liar?

Cat got your toungue, Starka?

Maybe it’s time to go the way of Lance Legs, Aluminati, Zacko, Truth.

That’s what I thought.

You are clearly incapable of thought.

I went so far as to show you the post and you still deny it.  You'll go far at EDJ.  Denial...the hubris of the defeated.

Starka,



What line in the post you showed me says that Sooth lied?



BPD

I already posted it, and you denied that it was there.  I posted it again in context.  You ignored it.   So go back and have someone read it to you.

Geez...you people need a life!

I'd hate to think I was going to spend the rest of my days bashing a former employer out of bitterness...Just doesn't sound like much of a way to live, you know???

There are far too many people living in this forum and swimming in hate all of the time!

I'm having a blast spinning up a moron. 

Why are you here?

Hey Starka what firm do you work for?



I’m a moron because I work at this firm:



1. The first 4 months of this year were Edward Jones’ strongest 4 month period ever in terms of gross revenue and net earnings. EVER!



2. They came in first in the JD Power Survey for customer satisfaction, remember the survey was done in January and February of this year. (Wouldn’t you agree the customer is our most important critic?)



3. They were ranked the number one company to work for in Hawaii.



4. Edward Jones LP has paid annualized return of 22% so far this year.



5. They are in the 40% bonus bracket. (The highest ever was 50% in the late 90’s and early 2000.)



6. Last contest period over 50% of our reps went on a trip. Yes I said 50%, not the 3% - 5% that you see at most firms. Greek Isle Cruise, Beaune France, Botswana Africa, Cambodia, Amalfi Coast, Italy. I could go on but I think you are getting the idea. Oh did I say over 50%, yes I did.



I can see why so many reps who have left Edward Jones are so mad. If I left Edward Jones, I would be mad too. Wouldn’t you? I think it’s the Jone’s Bashers on this site that are spinning!      



BPD



P.S. Oh yeh I forgot to mention the ONLY firm who has “A” share VA’s.

BPD-

1) I own the firm...I don't "work" for it.

2) My firm's profits are up over 60% from the same period a year ago

3) I could care less about your customers...I care about MY clients

4) I'm not in Hawaii

5) I'm not interested in becoming a "limited" anything.  I am the only "partner" of my firm, and as I said earlier, I'm up over 60%, so why would I be impressed with a lousy 22%?

6) Ditto #5

7) Thanks to my hard work at my firm, I own an airplane, and I take trips when and where I want.

8) You're not the only firm that can sell A share annuities.

Oh, P.S.

You're not a moron because you work for Jones...You're a moron because you're a moron.  Don't try to blame your employer for YOUR stupidity!

[quote=Starka]

BPD-

Oh, P.S.

You're not a moron because you work for Jones...You're a moron because you're a moron.  Don't try to blame your employer for YOUR stupidity!

[/quote]

LOL !!!!!!!!!! Good one Starka!

[quote=Starka]

BPD-

1) I own the firm…I don’t “work” for it.

2) My firm’s profits are up over 60% from the same period a year ago

3) I could care less about your customers…I care about MY clients

4) I’m not in Hawaii

5) I’m not interested in becoming a “limited” anything. I am the only “partner” of my firm, and as I said earlier, I’m up over 60%, so why would I be impressed with a lousy 22%?

6) Ditto #5

7) Thanks to my hard work at my firm, I own an airplane, and I take trips when and where I want.

8) You’re not the only firm that can sell A share annuities.

Oh, P.S.

You’re not a moron because you work for Jones…You’re a moron because you’re a moron. Don’t try to blame your employer for YOUR stupidity!

Hey ChumpChange!

Is that your best shot?  You've been cut to ribbons, and that's the best you can do?????

Here's your sign!

Loser!

loser candy bar,

perhaps you can package those responses for your next recruitment seminar.

1.) yes he owns his own book ..... duh

2.) One year change of 60% usually indicates Starka could have gone from your firm to being independent ..... duh

3.) Big difference between jealousy and realizing you've been abused

4.) Perhaps you should check on CRD how long your firm's employees have been with the firm back in '02, it was like a revolving door there.

5.) When was the last time a LP was offered ('03) when was the last time a LP was offered and subsrcibed to? 2000  why was the 2003 "pulled" and when will the next offered LP be finalized?  Wanna bet there were more GPs offerred between 2001 and now then LPs, wonder what those returns were?

6.) Contest .... I always thought they were called diversification trips as in diversified holdings / products perhaps things have changed

7.) And how many of your firm employees own airstrips, let me guess they're GPs, but how many of those GPs are still selling?

8.) Who cares about A shares annuities .... seems like only you and your firm

9.) It is quite obvious you were not on the debate team either. But then most client's don't care about that part of your resume either.

Finally to quote Starka

10.) You're not a moron because you work for Jones...You're a moron because you're a moron.  Don't try to blame your employer for YOUR stupidity!

How came you've never addresses point 10?    

[quote=xej1984]

loser candy bar,

perhaps you can package those responses for your next recruitment seminar.

1.) yes he owns his own book … duh

2.) One year change of 60% usually indicates Starka could have gone from your firm to being independent … duh

3.) Big difference between jealousy and realizing you’ve been abused

4.) Perhaps you should check on CRD how long your firm’s employees have been with the firm back in '02, it was like a revolving door there.

5.) When was the last time a LP was offered ('03) when was the last time a LP was offered and subsrcibed to? 2000 why was the 2003 “pulled” and when will the next offered LP be finalized? Wanna bet there were more GPs offerred between 2001 and now then LPs, wonder what those returns were?

6.) Contest … I always thought they were called diversification trips as in diversified holdings / products perhaps things have changed

7.) And how many of your firm employees own airstrips, let me guess they’re GPs, but how many of those GPs are still selling?

8.) Who cares about A shares annuities … seems like only you and your firm

9.) It is quite obvious you were not on the debate team either. But then most client’s don’t care about that part of your resume either.

Finally to quote Starka

10.) You’re not a moron because you work for Jones…You’re a moron because you’re a moron. Don’t try to blame your employer for YOUR stupidity!

How came you’ve never addresses point 10?

YOU?????  ON THE DEBATE TEAM????? ROFLMAO!!!!!!!

Now I KNOW you're full of sh*t!

[quote=Philo Kvetch]

YOU??? ON THE DEBATE TEAM??? ROFLMAO!!!

Now I KNOW you’re full of sh*t!

Don’t you ever get tired of losing?  I’m even getting tired of watching you lose!

Who’s the loser?



Here’s your worthless 16 posts:



1.That’s not what he said, you pimple.

2. If I had to guess, I’d say he meant what he said. But that’s just me. I don’t try to twist the words of others.

3. If you ever post anything worthy of debate, I’ll have more to say. Given the level of ignorance and the base demeanor that you’ve displayed so far, I’m not too worried about that ever happening.

4. Hey ChumpChange!

Is that your best shot? You’ve been cut to ribbons, and that’s the best you can do???

Here’s your sign!

5. YOU??? ON THE DEBATE TEAM??? ROFLMAO!!!

Now I KNOW you’re full of sh*t!

6. Don’t you ever get tired of losing? I’m even getting tired of watching you lose!

7. I’m not at Jones, but I did have one of their pinheads try to recruit me about three years ago. I went to his office to see what the hype was about. After he showed me their cutting edge technology, massive product array and generous payout schedule, I laughed in his face. I didn’t want to, I know it’s rude, but I couldn’t help myself. Anyone coming from indy or a reputable wirehouse would have to be a complete imbicile to go to Edward Jones, and complete imbiciles are rare. (I must concede that after reading some of the posts here by ChumpChange and others from Jones, that imbiciles are not as rare as I previously thought.)

8. Not being in Hawaii, I don’t know nor do I care.

9. It’s quite possible that other firms can “blow them out of the water” without tootin’ their own horn.   In any event, it’s a simple person indeed who makes career decisions based upon a dubious survey in an obscure publication.

10. Most people aren’t aware of, let alone read, Fortune Magazine, so yes, I’d call it obscure.

11. As ours is a confidential business, how, I wonder, does the survey get the names of investors to query?

12. That’s fair enough, I guess. I don’t know that I’ve ever met anyone that’s been interviewed. (Of course, I’ve never asked either!)

13. Stan, judging by the thorough knowledge in evidence, quality and intellectual content of the posts submitted here by Edward Jones people, I’m not sure that they have opposable thumbs over there. And you want to give them technology???

14. I’ve been following these posts for some time now, and at long last the one thing I can be sure of is that BigPayDay is full of more shlt than a Christmas turkey.

Your moniker should be ChumpChange!

Have a nice life, Chump!

15. Price, I believe what is being said is that if you’re doing brain surgery, driving a garbage truck or anything outside of the securities industry, you can’t hold a securities license.

If you don’t like the answer, stop trying asking the question. It doesn’t look like the answer is going to change.

16. LOL…hostility?   You don’t want to be around when it gets hostile here.



My favorites are #1 and #10.



BPD

Aren’t these diversification trips partially financed by the “preferred vendors”?

Yup, 100%. That’s why everyone on this board is jealous.

Who's the loser?  You. 

I'm personally getting a little bored with you.  Every day you post ad nauseum, and every day you get b*tch slapped.  I'll allow you the last word here, as for some reason that seems important to you, but know this:  as long as you're working for that bottom tier scam artist you will never get the last laugh!

See you in the funny papers, Chump! 

[quote=BigPayDay]Yup, 100%. That's why everyone on this board is jealous.[/quote]

Yup 100% wish we worked for a strip mall brokerage that lacks the basic tools, sends their reps to bother people door to door and runs "contests".

Actually ChumpChange, those comments are quite a bit above you.  But then, almost everything is above you.  Oh well.

Actually ChumpChange, those comments are quite a bit above you. But then, almost everything is above you. Oh well.

ChumpChange

It's to honor you, a worthless poster.

Idiot.

OK, if you like it better that way.

It's to honor you, idiot.

(Honestly, the other way is better.)

So if Jones would drop the percentage of “preferred” vendors’ production to say 50% of total mfd sales, I’m sure the trips would continue. Granted, a lot of players in the industry are doing a lot of American Funds, but if you take the others, is it always in the best interest of the client to put them there? Oh, by the way, according to regulatory disclosure, 97% of fund sales were in these “preferred” funds.



Are they preferred by the clients, or by Jones? There are some other great fund families out there. Here are Jones criteria:



1) Pays revenue sharing.

2) Helps pay for diversifications trips.

3) Helps pay for regional meetings.

4) Has good performance, except for Federated, Putnam, Goldman Sachs, Van Kampen (growth funds), oh, but wait, that’s 4 out of 7 with poor performance.

5) Have good name recognition, except for Putnam, which has the name recognition of ValuJet.

6) Pays revenue sharing.

7) And oh yeah, did I mention pays revenue sharing.



Granted, a lot of fund families pay revenue sharing to a lot of firms, but the only “preferred” fund at Jones are the only ones that happen to pay revenue sharing to Jones? Hmmmmm…

5)

Bubba,

Answer BPD's qestion on why Jones came out with an A Share VA?

bpd,

real witty responses, undoubtly your looking to become a gp?

[quote=AnotherView]

Bubba,

Answer BPD's qestion on why Jones came out with an A Share VA?

[/quote]

I'm still at a loss as to why some say that's a bad thing...

Exactly, then why is EJ the only firm that sells the “A” share VA?

Jones is not the only firm that can sell A share annuities.  Most firms choose not to, as it puts the client at an immediate disadvantage.   Why do you persist in that lie?

For what it is worth, I find that most clients are satisfied with their broker, not necessarily the company they are with.  In relationships we “sell” ourselves not the company we work for.  The name on the statement in many cases is secondary.  Just think how many times you’ve reviewed a competitors statement that had very poor results, but the prospect insists that Joe Blow broker is looking out for them.

Jones is not the only firm that can sell A share annuities. Most firms choose not to, as it puts the client at an immediate disadvantage. Why do you persist in that lie?

bpd,

who gives a rats behind about VAs let alone "A" shares?

[quote=Phlyin’ Phule] Jones is not the only firm that can sell A share annuities. Most firms choose not to, as it puts the client at an immediate disadvantage. Why do you persist in that lie?

Do your own research, phlegmwad.

Your ignorance is getting tiresome.  Doesn't it bother you?

I didn’t say that with “A” Share VAs the client starts out at an “imediate disadvantage”. YOU did. I was asking what you mean when you say this. If you mean the clients starts out with less than they invested because they paid an up front fee. Of course they have a much lower internal ongoing fee. If you are buying an annuity usually you’re buying it for the long term where lower fees can really make a difference. I suppose you only sell “B” share mutual funds, because with those “A” share mutual funds the client starts out an “imediate disadvantage”.



Whose ignorance is getting tiresome?



BPD

Yours is.

Why?

[quote=Phlyin' Phule]

 Most firms choose not to, as it puts the client at an immediate disadvantage.  

[/quote]

If paying an up front commission puts clients at an immediate disadvantage, I have two questions:

1.  When you are selling mutual funds, at what break point do you put a client in the A share - $100k, $250k, $500k?

2.  When selling annuities, why not sell "bonus" annuities exclusively?

Inquiring minds want to know.

HEY CLONES AND DRONES........Your Number one rated Firm has still not told your clients the "TRUTH" , about their "FINES".......

But after all your CLIENTS don't or can't read the WSJ, according to Bill 3 Mil Hill, soon to be X-MGP at the FIRM, WOW does that fit............

I am amazed some one from Edward Jones would brag about this JD POWER AWARD..........WHAT A JOKE TO THE INVESTMENT COMMUNITY.....BUT WHAT DOES THAT SAY ABOUT JD POWER & ASSOC   When they did the survey did they ask?

Are you aware about the FINES levied on Edward Jones for not Disclosing all of their fees they charged to you their loyal client ?

I WONDER WHAT THE RATING WOULD BE THEN ?     0

Player,



So are you saying your firm does not do revenue sharing?



BPD

[quote=jonesnewbie]

[quote=Phlyin' Phule]

 Most firms choose not to, as it puts the client at an immediate disadvantage.  

[/quote]

If paying an up front commission puts clients at an immediate disadvantage, I have two questions:

1.  When you are selling mutual funds, at what break point do you put a client in the A share - $100k, $250k, $500k?

2.  When selling annuities, why not sell "bonus" annuities exclusively?

Inquiring minds want to know.

[/quote]

Newbie, I sell VERY little by way of mutual funds, and the lions' share of what I do sell is in A shares.  As to VAs, I feel that actuaries are nothing more than bookies that pay taxes.  Therefore, any bells and whistles (such as "bonus products") that are added to the basic chassis are there solely to add to the expenses of the product.   Which is just a long way of saying that I use VAs sparingly,  but effectively.  There MUST be a specific need or problem to be addressed by a specific feature of the BASIC annuity, and that is the deciding factor in choosing the appropriate contract, not the commission payout.

That's just my opinion, of course, but it's how I run my business.

I hope that answers your questions!

Fool,



So you don’t sell much mutual funds ("…I sell VERY little by way of mutual funds…") or VAs("…I use VAs sparingly…)



What do you sell?



Inquiring minds want to know.



BPD

[quote=BigPayDay]

So you don't sell much mutual funds ("....I sell VERY little by way of mutual funds...") or VAs("....I use VAs sparingly....)

What do you sell?

[/quote]

Is your experience really so narrow that you think if one doesn't sell annuities and/or mutual funds one can't possibly be in the securities industry?  My God!  You're even dumber than I previously thought!

(Forgive me for laughing at you, but I just have this mental image of you sitting there at your computer in your bathrobe eating cheese-its with a dazed and confused look on your face.)

PP,

So what's your product mix?

BPD

[quote=Player]

HEY CLONES AND DRONES........Your Number one rated Firm has still not told your clients the "TRUTH" , about their "FINES".......

But after all your CLIENTS don't or can't read the WSJ, according to Bill 3 Mil Hill, soon to be X-MGP at the FIRM, WOW does that fit............

I am amazed some one from Edward Jones would brag about this JD POWER AWARD..........WHAT A JOKE TO THE INVESTMENT COMMUNITY.....BUT WHAT DOES THAT SAY ABOUT JD POWER & ASSOC   When they did the survey did they ask?

Are you aware about the FINES levied on Edward Jones for not Disclosing all of their fees they charged to you their loyal client ?

I WONDER WHAT THE RATING WOULD BE THEN ?     0

[/quote]

Player,

Jones was not the only firm doing revenue sharing.

Revenue Sharing is not illegal.

Jones got into trouble because of the lack of disclosure of the revenue sharing.

If revenue sharing were taken away it would impact the indys (the firms not the reps) very much because they are working on a very thin profit margin.

If revenue sharing is taken away then there will be a bigger move toward fee based and the regulators know this. In the end it would end up being more expensive for an investor if revenue sharing were taken away.

Do you have a civil comment in regard to these questions? ...or just more Jones bashing?

[quote=Oracle]

PP,

So what's your product mix?

BPD

[/quote]

So who are you, Oracle or BPD?  Or are you the same person?

AnotherView,

For the record, I called the indy firm that I use to ask about kickbacks (revenue sharing), and was told that unequivocally, there were NO revenue sharing arrangements here.  The only consideration given to the firm is that many funds give the brokers reduced or waived ticket charges.

For what it's worth.

Philo,

What firm is that?

AV

ANOTHERVIEW STATED:

Player,  ANOTHERVIEW, HERE IS MY ANSWERS

Jones was not the only firm doing revenue sharing.  SO DOES THAT MAKE IT RIGHT ?

Revenue Sharing is not illegal.  SO, THE SEC IS WRONG AND JONES IS RIGHT, AND JONES SHOULD NOT HAVE BEEN FINED, THEN WHY WAS JONES FINED ?

Jones got into trouble because of the lack of disclosure of the revenue sharing.  TRUE, MANY OTHER FIRMS HAVE HAD FULL DISCLOSURE FOR YEARS, JONES STILL DOESN'T?

If revenue sharing were taken away it would impact the indys (the firms not the reps) very much because they are working on a very thin profit margin.  REALLY, AND WHAT FIRM'S ARE YOU TALKING ABOUT?  MANY INDY FIRMS DO NOT HAVE REVENUE SHARING, NOR HAVE THEY EVER....JONES ON THE OTHER HAND FOR YEARS HAS BEEN SQUZZING THE LIFE OUT OF FIRMS FOR REVENUE SHARING...THERE ARE MANY FIRMS THAT HAVE REFUSED DOING BUSINESS WITH JONES BECAUSE OF THIS

If revenue sharing is taken away then there will be a bigger move toward fee based and the regulators know this. In the end it would end up being more expensive for an investor if revenue sharing were taken away.  YOU HAVE FUNNY MATH, IN OUR FEE BASED BUSINESS, USING PRODUCTS FOREIGN TO JONES, THE COST IS ACTUALLY LESS TO THE INVESTOR, THAN THE OLD JONES METHOD...YOU NEEED TO CHECKOUT WHAT IS OUT THERE BEFORE YOU MAKE THIS KND OF STATEMENT....YOU HAVE BEEN BRAINED WASHED....THERE ARE OTHER WAYS TO DO BUSINESS THAN THE JONES WAY  

Do you have a civil comment in regard to these questions? ...or just more Jones bashing?  NO,I JUST STATED THE FACTS, HOW ABOUT YOU DOING THE SAME, NOW PLEASE ANSWER THESE QUESTIONS, AND THE "WORLD" CAN SEE WHO DOES AND DOES NOT ANSWER A STRAIGHT QUESTION?

1) IF jONES DID NOT WRONG WHY THE 75 MILLION DOLLAR FINE?

2) WHY DID DOUG HILL, EDWARD JONES MANAGING GENERAL PARTNER PERSONALL PAY "3" MILLION DOLLARS OR FACE FRAUD CHARGES IN MISSOURI, IF HE OR THE FIRM DID NO WRONG?

3) I PERSONALLY AM  "PO'd" THAT THE GENERAL PARTENRS AT EDWARD JONES HAVE ALLOWED THIS ONCE GREAT FIRM TO BE ASSOCIATED WITH THIS "ACTIVITY", and now the cover-up from it's clients, and I DON'T UNDERSTAND HOW YOU CAN'T FEEL THE SAME WAY? 

4) I am disappointed that Edward Jones has become the laughing stock of the Finacial Services Industry, and that IR's like you are in such DENIAL of what has happen to this once GREAT FIRM, PLEASE DEFEND WHAT HAS HAPPEN, TO YOUR CLIENTS, TO YOUR FIRM, TO YOUR PRIDE, IF IT IS HASN'T AFFECTED YOU, AND YOU ARE NOT AS PO'D AS ME YOU DO NOT DESERVE TO BE A JONES IR? 

Let's hear your STRAIGHT ANSWERS with FACTS?

The most important piece of information in this thread is that we now know that BigPayDay and Oracle are the same person.  So much for youf bullsh*t conspiracy theory about dual personalities on this board, you loser.  Speak for yourself…or should I say “for the both of you.”  PATHETIC!

[quote=AnotherView]

Philo,

What firm is that?

AV

[/quote]

Does it matter?

The point is that it invalidates your earlier post that the indy clearing firms will be hurt by an end to revenue sharing.  At least one firm, and I suspect others for whom I cannot answer, show that your statement is in error.

Bench Warmer,



Jones settled because they thought it was in the best interest of our clients and our advisors. It is very difficult to fignt the U.S. Government in court or for that matter in the press. We did not admit or deny any wrong doing.



Doug Hill took the sword for the firm. I know you won’t believe this, but it is the truth. HE negotiated the settlement and as he said "There is no one person bigger than the firm."



As far as other firms not doing revenue sharing, take a look at the following:



http://www.americanfunds.com/pdf/mfgepb-905_gfab.pdf



see page 26.



Yes there are SEVERAL indy firms on the list including Ray Jay and LPL.



As far as Jones being a laughing stock, I doubt it. Maybe to you Jones Failures, but our greatest critic, our clients, in a survey done in Jan and Feb of this year ranked Edward Jones #1 in customer satisfaction. We don’t have to answer to the press or envious, jealous Jones failures like you. We serve our clients. Period.



Although we do not do Wrap Fees in lieu of commission, we do have a Fee Based Advisory program for HNW who are investing $500k or more. Most folks investing under $500k can invest less expensivly than a Fee Based pogram and usually aren’t in a high enough tax bracket where writing off the advisory fees helps their taxes.



A few months ago you, Lance Legs, & uwec something or other were saying Jones didn’t have enough capital to stay in business. Well guess what? We just had our best trimester in the firm’s history. We are in the 40% bonus bracket, almost as high as the heydays of the late '90s. Our limited Partnership, which as averaged 22% since 1990, is at an annualized rate through the first 4 months of over 20%. Over 1/2 of our IRs went on a diversification trip last contest period. Did I mention being the Lexus of the Financial Services industry with our highest Customer Satisfaction rating in JD Powers annual survey? Jones dumped $58million into our profit sharing plan last year. (How much of that goes towards GPs? Zero!) Should I go on?



It isn’t as bad as you Jones Bashers (i.e. Jones Failures) wish it was.



You need to get Jones out of your head. Move on. Life’s too short. You may want to seek professional help.



Big Pay Day

________________________________________

The Grass is GREENER where you water it!

BPD, is that really you?  Or, is it your evil alterego Oracle.  LOSER!

Sooth,



I figured you would try and dodge my above post where I answered Bench Warmer’s questions.



Your diversion isn’t working.



Bench Warmer doesn’t have a leg to stand on.



BPD

[quote=BigPayDay]Bench Warmer,

BigPayDay, Here are your answers

Jones settled because they thought it was in the best interest of our clients and our advisors. It is very difficult to fignt the U.S. Government in court or for that matter in the press. We did not admit or deny any wrong doing. Are you say JONES DID NO WRONG, YES OR NO ! no "WEASEL" words..?

Doug Hill took the sword for the firm. I know you won't believe this, but it is the truth. HE negotiated the settlement and as he said "There is no one person bigger than the firm." "BS", HE KEPT IS BUTT OUT OF JAIL...FACT!    You are living in FANTASY LAND, CALL THE ATTORNEY GENERAL IN MISSOURI, ASK DOUG HILL TO TELL HIM, THAT IN WRITING! CHECK OUT THE WSJ, I KNOW YOUR CLIENTS DON'T READ IT, BUT YOU NEED TO, IT'S BEEN REPORTED SEVERAL TIMES, GO READ IT! 
As far as other firms not doing revenue sharing, take a look at the following:  NOT ALL FIRMS REVENUE SHARE , YES OR NO?  i SAY NO, WHAT YOU SAY?

http://www.americanfunds.com/pdf/mfgepb-905_gfab.pdf

see page 26.

Yes there are SEVERAL indy firms on the list including Ray Jay and LPL. BUT NOT ALL, ARE THERE ?

As far as Jones being a laughing stock, I doubt it. Maybe to you Jones Failures, but our greatest critic, our clients, in a survey done in Jan and Feb of this year ranked Edward Jones #1 in customer satisfaction. We don't have to answer to the press or envious, jealous Jones failures like you. We serve our clients. Period.

Actually I was very successful at Jones, a Partner, always made top bonus level, recruited, and trained for the FIRM, I got PO'd because the GP's would not fully disclose what was going on , and kept telling us that the "SEC" CHECKING US(JONES) OUT WAS NOTHING! THAT WAS NOT TRUE, WAS IT?

THE GREED OF THE GP'S FINALLY CAUGHT-UP WITH THEM AND THE FIRM, YES OR NO ?

lthough we do not do Wrap Fees in lieu of commission, we do have a Fee Based Advisory program for HNW who are investing $500k or more. Most folks investing under $500k can invest less expensivly than a Fee Based pogram and usually aren't in a high enough tax bracket where writing off the advisory fees helps their taxes. YOU NEED EDUCATION, AND FACTS IN THIS AREA, CHECK IT OUT...THERE IS A REAL WORLD OUT THERE FOR YOU AND YOUR CLIENTS TO DISCOVER, like full discloser, of FEES & CHARGES, and JONES is not close to the lowest!

A few months ago you, Lance Legs, & uwec something or other were saying Jones didn't have enough capital to stay in business. Well guess what? We just had our best trimester in the firm's history. We are in the 40% bonus bracket, almost as high as the heydays of the late '90s. Our limited Partnership, which as averaged 22% since 1990, is at an annualized rate through the first 4 months of over 20%. Over 1/2 of our IRs went on a diversification trip last contest period. Did I mention being the Lexus of the Financial Services industry with our highest Customer Satisfaction rating in JD Powers annual survey? Jones dumped $58million into our profit sharing plan last year. (How much of that goes towards GPs? Zero!) Should I go on?

Get your Facts straight:

1) PLAYER never said such a thing as Jones had a Financial Problem, California could change that?  DO NOT PUT MY NAME WITH THOSE OTHERS

2) JD Power award never asked those clients "How would you feel if Edward Jones got fined for 75 Million Dollars by the SEC, but didn't feel their clients were important enough to tell them about it ? 

What do you think the rating would be then?

3) Your Ir's going on Trips, they pay taxes on, revenue they produced and they live off 38%, so getting back part of the 62% you left on the table is not really too smart is it ?  There is no FREE LUNCH or TRIPS, even at EDWARD JONES?

It isn't as bad as you Jones Bashers (i.e. Jones Failures) wish it was.

I LEFT WHAT IS YOUR EXCUSE?  How can you stand your FIRM , not disclosing to your CLIENTS, what has happen...or can you justify anything...like Bill 3 Mil Hill the FRAUD JUMPER? 

You need to get Jones out of your head. Move on. Life's too short. You may want to seek professional help.

BigPayDay, I have moved on but when I read Hippocrates like you touting how GREAT THE FIRM IS, when the FIRM has failed to be HONEST to their CLIENTS....I FEEL ASHAMED,for Ted & Edward Jones, they would be rolling over in their graves, wouldn't you?

I don't understand how you have put up with out demanding FULL DISCLOSURE for YOU & your clients, or DOESN'T THAT MATTER TO YOU?

ASK YOUR CLIENTS WHAT THEY THINK ABOUT IT, IF YOU HAVE THE GUTS? 

I feel us x-jonsers care more about the integrity of the Firm's past,  than you hanger on's, at least we could look our clients right in the eye and say we have explained everything they should know about our GREAT FIRM, can you really do that now?

 

Big Pay Day
________________________________________
The Grass is GREENER where you water it!

BigPayDay

[/quote]

Bench Warmer,



So you do what you do for Ted Jones. How special. Sounds like you have a warm heart.



You say you’ve moved on.



Dude get a grip. Jones has you by the neck and they are shaking you till you can’t breath…and then you wake up and ask your boyfriend to spoon you because you’re scared.



Out.

BigPayDay (Brainwashed),

At least I can answer questions, let's see what your answers are ?

Are you AFRAID of the TRUTH?

There has never been a JONES SUPPORTER on here yet that has answered QUESTIONS, they only fire back insults...is that how they are teaching salemanship at Edward Jones......

SHOW US WHAT YOU ARE MADE OF "PUNK" make my DAY....

Bench Warmer,



So you do what you do for Ted Jones. How special. Sounds like you have a warm heart.



You say you’ve moved on.



Dude get a grip. Jones has you by the neck and they are shaking you till you can’t breath…and then you wake up and ask your boyfriend to spoon you because you’re scared.



Out.

Bench Warmer,



So you do what you do for Ted Jones. How special. Sounds like you have a warm heart.



You say you’ve moved on.



Dude get a grip. Jones has you by the neck and they are shaking you till you can’t breath…and then you wake up and ask your boyfriend to spoon you because you’re scared.



Out.





BPD

Bench Warmer,



So you do what you do for Ted Jones. How special. Sounds like you have a warm heart.



You say you’ve moved on.



Dude get a grip. Jones has you by the neck and they are shaking you till you can’t breath…and then you wake up and ask your boyfriend to spoon you because you’re scared.



Out.



BPD

[quote=BigPayDay]Sooth,

I figured you would try and dodge my above post where I answered Bench Warmer's questions.

Your diversion isn't working.

Bench Warmer doesn't have a leg to stand on.

BPD[/quote]

Dude--

I'm not dodging anything.  Player is obviously some kind of infected screwball.  Why are you dodging the fact that apparently you post under two different screen names?  ANSWER THE QUESTION!

Sooth,



Appreciate the infected screwball comment.



No I only use one screen name, BPD.



BPD

[quote=Oracle]

PP,

So what's your product mix?

BPD

[/quote]

So, then why is this post by Oracle signed as BPD?

Good Question!



Hopefully Oracle will let us know.



BPD

[quote=BigPayDay]Good Question!

Hopefully Oracle will let us know.

BPD[/quote]

What a crock.

JD POWER HAS NO CLUE ABOUT honesty…

BigPayDay,

Are you or have you ever been a "GP" at Edward Jones?

We all KNOW you are a "LP" at Edward Jones, because you consider it part of your compensation.

So please clear-up these Ethical Questions:

1) Doesn't Edward Jones need to fully disclose to ALL CLIENTS about the FINES, and the resignation of Doug Hill Managing General Partner, and why he PERSONALLY paid 3 Million Dollars?

2) Do you personally feel the Firm should disclose to ALL CLIENTS what has happen, and point out that their Local IR had no KNOWLEDGE, of what the GP's had done and were doing? 

3)At Edward Jones Ethic's Class is MANDATORY, is it MANDATORY for GP's as well?  

Why is it the IR's have to take the crap for what their Leadership has done, 90% of Jones IR's are good hard working caring professionals just like other Firms, it's just unfortunate their Leadership doesn't become accountable for what they did, and just admit it!

Player-

Too bad you continue to harp on the same old crap. What do you want, Doug to do. IF the SEC doesn't require it, why is it so important to you? Doug signed off on the wells submission that wasn't accurate.

I don't see you saying that Sandy Weil has to tell everyone why his firm paid 208M to the SEC. Get a life and move on.

[quote=7yrvet]

Player-

Too bad you continue to harp on the same old crap. What do you want, Doug to do. IF the SEC doesn't require it, why is it so important to you? Doug signed off on the wells submission that wasn't accurate. Why are you defending someone that lied to you and your clients?

I don't see you saying that Sandy Weil has to tell everyone why his firm paid 208M to the SEC. Get a life and move on. Does this make what Edward Jones did OK?

[/quote]

7yrVET

I answered your questions, now answer mine, above?

Please do not "JUSTIFY" Edward Jones General Partners & Managing General Partner Douglas "3" Mil Hill's wrong doing as acceptable just because other have done it, that just doesn't cut it!  Besides it makes you and the Firm look like you can't answer questions directly, you have to use misdirection, with excuses, bob and dodge FACTS, whatever happen to just plain TRUTH?

Player-

Have a nice day. Go out and smell the flowers. Have answered every question already. You will never be satisfied until EDJ is gone. That is and has always been your motivation.and the fact you must have a compulsion for large fonts. Makes you feel dominant. Also makes you look lame as hell.

Jones is much better with people like you GONE.

[quote=7yrvet]

Player-

Have a nice day. Go out and smell the flowers. Have answered every question already. You will never be satisfied until EDJ is gone. That is and has always been your motivation.and the fact you must have a compulsion for large fonts. Makes you feel dominant. Also makes you look lame as hell.

Jones is much better with people like you GONE.

[/quote]

7yrvet,

Please do better than that!  You sound like a Politician, or was it Douglas "3" Mil Hill explaining how he did nothing wrong?

Answer the Questions?

As for your comments about me wanting Jones gone, that couldn't be more wrong!   My concern is how the GP's have screwed-up the FIRM, and the honest working IR's allowed them to, without a shot, that was why I left...I couldn't stand nonproductive Drones leading us when they couldn't sell cold water on a 100 degree day, I don't know how you or any other good producer can stand that either?

I especially hated the way everyone that went to STL all of a sudden became a Top Producer, when they were an IR....you know what I mean?   I just got fed-up with the dishonesty of it all, especially the Power hungry ones....   

Don't you get tired of being a "Hypocrite", about what the FIRM used to stand for, and how it has been handled? 

It is a shame.......................Ted and Ed Jones are rolling over in their graves in disgust, why aren't you?

Many IR's have left in disgust, why haven't you?

Loser.



BPD

[quote=BigPayDay]Loser.

BPD[/quote]

LOSER is another name for: BigPayDay

I thought you could do better than that for a GP, hopefully you are not the class of them left?

candybar,

excellent reply, I see you're taking GP communication course!

If Morningstar is correct then my assertion that the industry has many conflicts and not one particular firm. MS, EDJ,SSB, AIG and its six brokerage arms, are just the beginning.

Conflicts are rampant in the industry. Just the latest example.

http://news.morningstar.com/doc/article/0,,136212,00.html?ph section=Comm1

Player, i think bpd is my rl. sounds just like his newsletters. if it is he is a gp and a big producer

dazed,

that explains his (candybar's)  lack of comphrension skills, "excellent" comebacks.  Also the fact that he only posts after hours (from home)

[quote=BigPayDay]Bench Warmer,

So you do what you do for Ted Jones. How special. Sounds like you have a warm heart.

You say you've moved on.

Dude get a grip. Jones has you by the neck and they are shaking you till you can't breath.....and then you wake up and ask your boyfriend to spoon you because you're scared.

Out.



[/quote]

BPD,

This relpy back to Mr. Large Font (Player) is a classic. It should go down in the RR Broker Forum Hall of Fame.

You guys are very entertaining!

AV

Anotherview,

The Difference between BPD(Loser) and The Player.... is, BPD has his head in a whole and can't see the sun light.....If he is a RL at Jones, he should care about the proud tradition of Ed & Ted Jones instead of dishing them, shouldn't he ?  This tells you how far Jones recruiting efforts have fallen, their Reps Dish Ed & Ted Jones, so it ain't so.......................?

Since the outlaw GP's  led by Doug "3" Mil Hill took over it hasn't been the same....FRAUD is FRAUD, isn't it?  

I can't understand why he(BPD) hasn't taken them on?  No Guts?

How was that for intertainment?

New JD POWER AWARD:

The SYMBOL AWARD

Here are the symbols at Edward Jones:

Managing General Partner & GP's for HONESTY

IR's that are Drones (LP's) for ETHICS

IR's That are Clones for BEING DECEVIED and didn't get kissed

BigPayDay gets the  BFD AWARD

Is there a way to filter out wacked out ex Jonesers from this forum. Mr. or Ms. Player needs counseling. Probably out of the business.

[quote=Player]

Anotherview,

The Difference between BPD(Loser) and The Player… is, BPD has his head in a whole and can’t see the sun light…If he is a RL at Jones, he should care about the proud tradition of Ed & Ted Jones instead of dishing them, shouldn’t he ? This tells you how far Jones recruiting efforts have fallen, their Reps Dish Ed & Ted Jones, so it ain’t so…?

Since the outlaw GP’s led by Doug “3” Mil Hill took over it hasn’t been the same…FRAUD is FRAUD, isn’t it?

I can’t understand why he(BPD) hasn’t taken them on? No Guts?

How was that for intertainment?

Chump, Player is nothing more than the anti-Jones version of you.

So what's the problem?

I've met Ted and Pat (never met Sr.), been to the farm. I have never disrespected either of them. READ YOUR PAST COMMENTS? I believe in their values very much, as do the vast majority of the IRs, GPs and associates at this firm. What about the Leadership?

I'm not sure what the goal of all your posts is player, but they are getting really tired. Honesty from you!

Big Pay Day  Above is what BigPayDay posted! I answered

BigPayDay,   Now it's your turn.

Then how can you stand for what has happen in the resent leadership of the Firm.    The values of Honesty, Trust, tell the Truth, always do what is Right for the Customer!  

I do not hate the FIRM, I hate what IR"s & GP's like you have done to it, and the amazing part is you keep defending the Leadership and their ETHICS, like they are still following the Edward D Jones Receipt?

Remember the story about Edward  D Jones starting his own Firm, and his reasons why ?   That is exactly why many of us have left....read your own company history....Edward D Jones had ethics.....he would have leveled with his sales force, and with his customers....not try to cover up and not answer direct questions, like you do?

The Drones & Clones   only get this crap because They can't handle or tell the TRUTH with a straight answer........It's easier to put down and slam the one asking the questions.....then admit there is a PROBLEM you are trying to ignore and cover up until everyone forgets about it...............Not going to HAPPEN! 

As an IR I was totally jerked at the way the Leadership talked about and put down Mr. B's contribution to the FIRM after he left!  It told us volumes about the Leadership ETHICS.....didn't it tell you something?   

How about the Home Office Employees that can't wait for someone to die or retire so they can take over their Office...now that's ETHICS........Remember the Firm owns your business not YOU.

How about some honest dialog, not slamming?

Player-

If you want any kind of dialogue get rid of the enlarged fonts and emoticons. Otherwise I for one don't bother with you anymore. If you really are who you say you are, you must have more important things to do. At least I hope so.

I’ll second that.



BPD

[quote=BigPayDay]I'll second that.

BPD[/quote]

It's official then.

~Whew~

That was close.

What’s official?



BPD

That Player is annoying.

Try to keep up.

OK, just checking.



We have a consenus.



BPD

Consensus?  I think it’s plumb near’ unanimous. 

[quote=Starka]Consensus?  I think it’s plumb near’ unanimous. [/quote]



Tookyouguys long enough!

[quote=joedabrkr]

Tookyouguys long enough!
[/quote]

I just spit coffee all over my keyboard!  I like Player, but that was funny Joe!

[quote=Player]

New JD POWER AWARD:

The SYMBOL AWARD

Here are the symbols at Edward Jones:

Managing General Partner & GP's for HONESTY

IR's that are Drones (LP's) for ETHICS

IR's That are Clones for BEING DECEVIED and didn't get kissed

BigPayDay gets the  BFD AWARD

[/quote]

Hey Drones, was it the TRUTH, that upset you?