Are ALL Indys happy?

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Mar 22, 2007 7:25 pm

I have noticed that there is a lot of complaining about firms on these boards,

but have yet to see any complaints from indys about their decision to go

independent. Is there no one out there that misses the wirehouse

environment?

Mar 22, 2007 7:32 pm

Speaking for myself, and my partners....



We are more than content with our decision to split from the wirehouse

environment. We spent a collective 100 years at our last firm, and don't

regret the decision at all.



Good times.



C

Mar 22, 2007 7:46 pm

It's been 6 years for me, and I haven't had a single moment that I wanted to

go back. Oddly enough, money is the least of the reasons for my

satisfaction, even though I'm making much more than I ever dreamed

possible.

Mar 22, 2007 9:23 pm

One reason for this is that we are not tied to any one firm anymore. This means that our b/d (or whatever) has a vested interest in not pizzing us off, and if they do, we can leave while staying put (fire the b/d).


There are always people who have issues with their b/d (not always every person and certainly not every person with every b/d or every person at a given b/d) but we're all adults in a free society when we are free to make changes or make concessions, or understand that we're being unreasonable.


It's an entirely different mindset. From both sides of the table.

Mar 22, 2007 9:36 pm

That's true enough, Whomit.



I've seen indys fail, and it boils down to motivation. All that I've known came

from the wires, and it surprised me that they weren't self starters. For some

reason, I always had the idea that everyone who chooses this career didn't

need a cattle prod.



As you said Whomit, a different mindset.

Mar 22, 2007 9:58 pm
illinoisrep:

I have noticed that there is a lot of complaining about

firms on these boards, but have yet to see any complaints from indys about

their decision to go independent. Is there no one out there that misses the

wirehouse environment?





The only people that you see complaining about every thing under the sun

are those pansies from Edward Jones. The rest of us just have to endure

reading 16 pages of vomit about Jones. Its like they are all traumatized by

the experience. Its sad, really.



I motion that RRmag rename the forum to the Ed Jones Rejects Hotline.

Mar 22, 2007 10:10 pm

The only reason all the indy's seem so happy is because non of them have ever been through a civil suit with one of their clients.  If you ever do find an indy that has gone through one it is a completly different story.......... i bet this will get those indy's all fired up!

Mar 22, 2007 10:12 pm
skeedaddy2:

[quote=illinoisrep] I have noticed that there is a

lot of complaining about

firms on these boards, but have yet to see any complaints from indys

about

their decision to go independent. Is there no one out there that misses

the

wirehouse environment?





The only people that you see complaining about every thing under the

sun

are those pansies from Edward Jones. The rest of us just have to endure

reading 16 pages of vomit about Jones. Its like they are all traumatized by

the experience. Its sad, really.



I motion that RRmag rename the forum to the Ed Jones Rejects Hotline. [/

QUOTE]



And now that you've brought Edward Jones up, we can call this thread The

People Who B1tch About The Edward Jones Rejects Hotline.



Just do what the rest of us do, Skee. Ignore it unless you want to have a

little fun.

Mar 22, 2007 10:53 pm
BullBroker:

The only reason all the indy's seem so happy is because non of them have ever been through a civil suit with one of their clients.  If you ever do find an indy that has gone through one it is a completly different story.......... i bet this will get those indy's all fired up!



That's true. Indy's are less likely to draw customer complaints. We live and die by our own names and are less likely to ruin that.

Mar 23, 2007 1:04 am
BullBroker:

The only reason all the indy's seem so happy is
because non of them have ever been through a civil suit with one of
their clients.  If you ever do find an indy that has gone through
one it is a completly different story.......... i bet this will get
those indy's all fired up!





I am not fired up.



I do clean business, and communicate with my clients, and have a good lawyer.



You, on the other hand, have no clue.  Your b/d would sell you
down the river in a settlement if they could clear a case quickly and
at a reasonable cost TO THEM.



My lawyer works for ME.



I don't expect you to understand.  It's a pretty complicated
concept for you.  But I tried to use small words to help you out.

Mar 23, 2007 1:16 am

Without question, I'm 100% happier as an indy than I was in a bank program where I had incompetents and children trying to tell me what I could and couldn't do.  Don't get me wrong...I understand compliance and have no problem working in a compliant framework...I just got sick of the whims of management...especially management with virtually no experience getting high on their self-perceived power and expertise.  I feel genuine sympathy for the friends I left behind in the bank program.


As my own manager, it's nice to finally be working with fair, competent, and professional management and getting paid what I'm worth (picture I1 -ing self).


If you look hard, you'll find a few indies that for whatever reason were not a good fit for the indy model and went back to bondage, but for the most part, those folks weed themselves out before going indy.