Lets debate this… Which statement includes proper english…

  A. How much assets B. How many assets   Real World you are a Jones guy and you are ripping equities and asset allocation?What the hell are you doing then ? Trading stocks in and out for a 2% rip on each side ?

First time poster here.

  First off I agree that doorknocking is hard. But very doable. No one loves to doorknock if they say they do that would be some brown noser to the RL.   Gest is I had to chime in with the convo on assets. This is truly the mentality of the firm that taking over assets does not matter. Of course it matters.   It is 100% ridiculous to assume it makes no difference. But also don't be ashamed of it. If you got 50 million that GOOD for you.   But when people take over huge offices and act like they know how to be successful at doorknocking it drives me crazy too. In my region we have a ton of people in the last year who have left the firm, so someone has to take over the office. Yet at the regional those same people will be talking about how to grow your business. If it was as easy as taking over 20 million we would all do it.  

[quote=RealWorld]

  E. You can ask how I started in the business all you want. It's none of your business, and irrelevant.   Not for nothing but, this is greenspeak for "$12 million - minimum".  I have no problem with that because there's not a poster here that would turn down 12 mil in assets of any type.  Don't jerk us off by insinuating you bloodied your knuckles like the rest of 'em (us), though.            

[quote=RealWorld]

  E. You can ask how I started in the business all you want. It's none of your business, and irrelevant. You can sit behind your desk and cry while the profits I make help pay for your BOA to do her nails at her desk.   People make fun of our firm because they think we are a bunch of third rate brokers that carry American Fund's nuts around for them. They make fun of us because we go to our regional meetings and high-five each other for coasting on a $30mm book. They make fun of us because most of the time we don't know the difference between an A and C share if it were written in crayon on construction paper.   Finally, they make fun of us because people like you come on message boards and are critical of what most people would believe is pretty fair advice, and then get hurt when someone calls you on the carpet for it.   Oh, and spell check your posts before you post them. Talk about having an intelligent debate...piker.
********************************************************************  Spell Check my posts. Grow up son. Isn't that a little bit sorry. Here is the part I love in bold.   You think it is irrelevant how much assets you started with. Really?   This is for you and the little cronies who back you up.   Lets debate it. It is irrelevant how much assets you start with.... We were talking about doorknocking.   So you are really really trying to say that it does not matter how many assets you start with that does not affect your  knowledge/skill/need of doorknocking? \   Lastly, what I meant by an intelligent conversation is when I question your post - you right back MORON.... Why do you think I am a moron? Please elaborate.[/quote]

For a guy/gal that is pretty sensitive about someone else "reading into his business", you sure take a lot of liberties with your perception of mine. Let's recap how this discussion started.

-I answered a post in a rookie board asking for doorknocking advice. My advice, in short, was that a majority of prospecting was between a brokers ears, and that you should relax when you prospect and enjoy it.

-You said that because I said that I must have inherited assets.

-I, in a brilliant bit of foresight, called you a moron.

-You began to talk about how because you doorknocked for two years, then that makes you an expert. You then called me out for a second time asking me to tell you personal details about my business.

-I pointed out that in the grand scheme of things doorknocking isn't so bad. I also told you the reason that I feel I am qualified to answer such a question on a rookie board. Because I still prospect. So clearly the amount of assets I took over is irrelevant, because I still have to go out every day and kill something to eat.

-You laid out 5 ridiculous points that didn't really address the answers I gave you in the previous post, butchering what I assume is your native language in the process.

-Despite my better judgment, I went point by point and answered. For the second time in this thread I stated that I still have to go out and continue to prospect to build my business.

-You answered again by sh*tting out another post, in the process telling me to "grow up son", and then asking me to go back to talking about doorknocking (which, incidentally, was what I was talking about before you decided to run your piker mouth about me).

So here is the answer to your final question. I think you are a moron because you lack reading comprehension. Since you are posting syllogisms on another forum, I will break it down for you:

Receiving assets does not equal quitting prospecting.

However, you are just the kind of piker that would take assets and put his feet up on a desk and quit prospecting. That makes you a moron. You don't get it, and I have posted it twice to explain it to you. That makes you a moron. I have answered your questions, and you keep asking the questions over and over again. That makes you a moron.

In summary I have established:

Receiving assets does not mean you don't prospect
You can't read
You are a piker and a moron

I am not going to enter a pissing contest with you. You aren't my RL, I don't need to prove what my prospecting record is to you.

I will, however, continue to hand you your ass on this message board.

This is how it works in my Region:

  1. New guy gets a sell date and sells enough CAIBX to Grandma to get his numbers above standard. 2. Takes over a non-competitive $15-20MM office, churns the assets at the speed of light, and reaches segment 4 in a year. 3. Field Supervision has no problem with this practice since the clients signed a switch letter. 4. The RL gets a crush on the newb and puts him on the leadership team in charge of training newnews and seg 1's in the region. 5. After 3 years he leaves because he has less assets than what he inherited and has run out of paper for switch letters. 6. At the next Regional Meeting, the RL declares the departed FA to be a criminal and is currently being investigated  by the FBI 7. Repeat 1-6

[quote=SometimesNowhere][quote=RealWorld]Sometimes Nowhere-  You are a baby. I mean that 100%. Talk about being defensive.

    People make fun of our firm because they think we are a bunch of third rate brokers that carry American Fund's nuts around for them. They make fun of us because we go to our regional meetings and high-five each other for coasting on a $30mm book. They make fun of us because most of the time we don't know the difference between an A and C share if it were written in crayon on construction paper.    [/quote]   Why do people think people from Jones are 3rd rate brokers?  Is it because of the doorknocking, or is it because ex roof shinglers, concrete mixers, etc make up a large percentage of your firms advisors?

[quote=MsBroker]

I second that. It’s all mental. When it was 90-95 degrees during field foundations, I was miserable. Until I decided not to be. I started silently humming “I can see clearly now” the whole time I was out, and it is amazing how much better I felt, and how much better I did out there. It was amazing how much better contacts went when I had a nice happy smile on my face. Speaking of, it is a bright bright sunshiney day, so I am going to head out before my 3 o’clock appointment.   Happy doorknocking!! :) [/quote]

That's some serious KoolAid!!!

Sometimes nowhere if you thought you won some sort of debate you are missing the point.

So lets end our conversation right here. But in future talks I would prefer if you would talk about the matter at hand. I literally found your postings immature and defensive. It actually surprised me that you were so angry to be asked if you took over assets. In the end I was right about that. It is unfortunate people who took over large assets will frankly never understand what I am talking about.   For everyone else on the board, is it really that rampant in every region? Train, I laughed forever about your 1-6 but do other regions see this sort of thing on a regular basis.

[quote=Train] This is how it works in my Region:

1. New guy gets a sell date and sells enough CAIBX to Grandma to get his numbers above standard.

2. Takes over a non-competitive $15-20MM office, churns the assets at the speed of light, and reaches segment 4 in a year.

3. Field Supervision has no problem with this practice since the clients signed a switch letter.

4. The RL gets a crush on the newb and puts him on the leadership team in charge of training newnews and seg 1’s in the region.

5. After 3 years he leaves because he has less assets than what he inherited and has run out of paper for switch letters.

6. At the next Regional Meeting, the RL declares the departed FA to be a criminal and is currently being investigated by the FBI

7. Repeat 1-6 [/quote]



In my old region (FWIW - I realize it’s been a while since I have been there - volt ), the process was similar. We had a guy take over $68 million make it to Segment 5 in 3 years. He spent the next 3 going to school, getting his MBA and other credentials and then left to take a corporate job. He was the “man” when he was at Jones, but as soon as he left, the bashing began.

[quote=Still@jones]

[quote=MsBroker]

I second that. It’s all mental. When it was 90-95 degrees during field foundations, I was miserable. Until I decided not to be. I started silently humming “I can see clearly now” the whole time I was out, and it is amazing how much better I felt, and how much better I did out there. It was amazing how much better contacts went when I had a nice happy smile on my face. Speaking of, it is a bright bright sunshiney day, so I am going to head out before my 3 o’clock appointment.



Happy doorknocking!! [/quote]That’s some serious KoolAid!!![/quote]



That’s not Kool-Aid, that’s called crack.



“There’s something about me you might not no Joe Rogan… I smoke ROCK!” Tyrone Biggums.

Trust me, I’d like to take over an office.  I’d not churn and burn it but would love the security of some trails hitting the books. Instead I’m tripping on hot wheels in my underwear as I make my way across the hallway to my desk while guys that were about to fail got handed 20mm offices.  It sucks but fare is what you pay to ride a bus, not what you get at work.

  MsBroker .. I don't think humming a song would work for any guy I know because hooters dosn't have a jingle.

You should be very choosy when being offered an existing office. The BOA will be a huge part of this. You are stuck with them.

  I would definitely prefer to open my own office. Obviously, I wouldn't mind getting some assets, though. Like Volt, I wouldn't churn, but the trails would be nice.     As far as my Kool-aid guzzling goes, I have always been an incredibly optimistic happy person, and I am very loyal. Attitude dictates so much in our lives, especially in a career like this one. I've been through some incredibly terrible things in my life, and I would have lost my sanity a long time ago had I not developed this type of mentality. I weed out the negative and focus on the positive.   Alright, I'm getting back to work.

fa09:

Volt how long have you been out exactly? Seems to me like they should have offered you a location or 2 by now to choose from for an office. Is that the case and you are just waiting for something better or would you take the first reasonable place that they offer?

  Heading to PDP in a few weeks.   I'm not in a metro area and my region is VERY spread out.  Established brokers have just not left in my area.  I'm also a bit locked down as far as location ... personal issues but they limit my ability to move.  I'd personally not be worried about a bad BOA, just manage her out.  Done it a thousand times in very strict corporate settings , it's Volts way or the highway.  

i agree with sometimesNowhere…thank you for giving legitimate advice on these threads and helping rookies and trainee’s.  being a rookie i am extremely appreciative that people such as yourselves and other members of this forum offer such willing, helpful advice.  Granted, i usually take other comments people post on here with a grain of salt, because some people see this site as a tank full of helium than a place for discussion.

    Purely out of curiousity, has anyone from another firm OTHER than edward jones ever tried door knocking?  I'm a cold-calling kind of prospector, but sometimes on bad days, i don't think it'd hurt if i spent an hour or two after work walking through a neighborhood looking for leads.  I don't mind knocking on doors and talking with people, i'm a veteran of the Restaurant industry so it comes naturally.  and hey, if i can bring in a couple leads a week that are more serious than the dumbasses i talk to on the phone, in my prospecting manual i've already won!

fa09:

Gotcha. I didn’t realize that I thought u were out longer. From what I gather they will start giving you location picks soon after PDP but you can hunt out leases on your own and be ready for them with your own preferred location. I’m curious though, how in the heck did you qualify for a div trip already? Or were u just busting winds balls?

  I've began my branch search and have a signed LOI on the location I wanted.  My leasing coordinator blows but I keep on her like a broken dog.   Didn't qualify for a div trip, only had a short time to get there.  Plus I put 30-35% of my assets into C shares and advisory solutions.  I'll qualify for this next one.  Already have one bucket filled and should fill the next one by months end.      Love to travel and all but I'd rather build a business first, ya know?