Jones Incentive Trip Question

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Jan 12, 2009 6:50 pm

Just a quick question...

 
Jones website says that currently $108,000 in six months will net an incentive trip.  I've also heard here that the first year is easiest to hit the necessary numbers for the trip(s).  So, my question is - is the $108k what is expected for new hires or is it what's required for experienced advisors.
 
I appreciate any clarification
 
Jan 12, 2009 8:08 pm

In your first year you get "credits", so you don't actually have to hit 108,000 in 6 months. I don't know the exact numbers, but in the beginning, it's quite less than that. Your next few years are then the hardest as the credits go away, and you have to hit the 108,000/6 months.

Jan 12, 2009 8:22 pm

If I recall, you get a 30-40k "head start."  You still have to hit minimums in different asset classes in addition to the total commission.

Jan 13, 2009 1:37 am

Thanks all. I appreciate the responses

Jan 13, 2009 8:53 am

You get 65,000 bonus points as a new new

You get 47,000 for a GK2
You get 29,000 for a GK1
 
good luck with it,
 oh the sugg box yesterday said they're going to try and make it a little tougher to get them, ie raise standards for div trips
Jan 13, 2009 9:23 am

Just curious what do you mean by GK1 and GK2? Is there a dollar amount attached to them (i.e. 5mm/10mm)

Jan 13, 2009 9:45 am
UNDERMINDED:

You get 65,000 bonus points as a new new

You get 47,000 for a GK2
You get 29,000 for a GK1
 
good luck with it,
 oh the sugg box yesterday said they're going to try and make it a little tougher to get them, ie raise standards for div trips
 
Actually it said that they were considering making it more difficult, but then with the recent market issues they decided to leave it alone.  Seems the market conditions dropped the percentage of people on track to win down to the level they target.  You still have the get the points, fill the categories, and be meeting or exceeding expectations to win.