Leaving Edward Jones to be a Personal Banker

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Sep 5, 2008 2:27 pm

I've spend quite some time researching the site for a straight answer, so any help you could provide would be GREATLY appreciated.  I'm leaving EJ, my can sell was about 3 weeks ago and am looking to get a job in the banking field, hopefully personal banker.  Will I be liable for the training cost? 

I won't be transferring my licenses and don't want to violate my contract.  My concern is that by selling a simple CD or money market account to a bank customer, I could be liable for the training cost?

Any insight would be helpful.  THANK YOU SO MUCH!

Sep 5, 2008 3:15 pm

No comment

Sep 5, 2008 3:26 pm

So, you've made it through the exams, classes, and a little doorknocking and now you want to abandon that and go be a glorified teller at a bank?  Hopefully?  You don't even have a job yet?  You're just HOPING to get a job as a personal banker?  I hope there are some extenuating circumstances than would warrant such a move.    

 
I hope I'm don't sound too cruel when I say, as an LP, I hope they do go after your training costs.  At least a chunk of it.  I'd hate to see all of those dollars go to waste.       
Sep 5, 2008 3:31 pm

Run Forrest, Run

Sep 5, 2008 3:32 pm

Spiff.... right again One day I am really hoping the  will go on with this often repeated question.

Sep 6, 2008 9:53 am

OK, spears.  Seriously you can't be encouraging this person to leave the industry (I get it, they work for Jones and in your opinion that is a bad thing, so the bank would be better) right after they passed their exams and got through training to go work in a bank in a non advisor role?  Even for you that would be stupid. 

Sep 8, 2008 11:55 am

Maybe spaceman, your great firm needs to do a better job of recruiting these people.  You know they take about anybody and sling them on the wall and hope a few stick.  This is one of the few who won't stick..so they need to move on.  I've said it before, this industry is not for the weak.  They need to be competitive, highly motivated, leaders, good looking, good teeth, speak well...not just fog a mirror.  Oh...and have about 70k saved....

I think it was Miss Jones who made a statement on here "where do we find these people" in response to a new person in her region.