52new:

According to Jones employment contract, Jones owns all assets, and all customer information. They offer a pittance to retirees, but the FA does not “own” his book. Too much koolade will make you guys diabetic.

So you read the contract, and are still b!tching?

Dude, you seriously need to leave. If you have an offer, then go. But really, I can't believe you would leave Jones and do anything but go independent (and not just work for an independent).

I couldn't even stomach LPL or RayJay taking a percentage, which is why I went RIA. If you have better ideas (I assume you do) and know a way to build a better mousetrap, get out of there. You will love life so much more and won't end up a bitter old man. It took me six months to get past the hate.