Is my Jones license valid?

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Apr 9, 2009 8:10 pm

Looking into Jones opportunity. If I come on board, pass S7 & S66 and never make it to the Evaluation-Graduation step, am I still licensed so I can look at other companies? I know that I sign a contract but if I just can't make the contact numbers required, what does Jones do with my license?

Apr 9, 2009 8:25 pm

Once you pass, you pass. You can go get hired by someone else and bring your license.

Apr 9, 2009 8:43 pm

Thanks B24. I don't physically have my license. Is there a paper version I should get like an insurance license? How would another company know, do they just look it up with FINRA?

Apr 9, 2009 9:54 pm

robanie,

 
You have a CRD #.  That's all your new B/D needs to know to verify your licenses and state registrations.
Apr 9, 2009 11:09 pm

oh my...and he was hired? hmmm

Apr 10, 2009 9:11 am
robanie:

Thanks B24. I don't physically have my license. Is there a paper version I should get like an insurance license? How would another company know, do they just look it up with FINRA?

 
Go to the FINRA website and do a search on yourself.  You can print out a report on yourself.  As long as you are still listed with a valid CRD#, you are fine.  But you need to transfer that license to another B/D.  You can't just maintain a license on your own.
 
But no, there is no paper certificate.
Apr 10, 2009 9:13 am
FABroker1999:

oh my...and he was hired? hmmm

 
Give him a break.  Most people that have not even been licensed yet have no idea what the process is.  Even many licensed people don't really know or care until they are planning to switch firms.
Apr 10, 2009 9:16 am

Do yourself a favor and find another career. You have already failed before you have even started.

Apr 10, 2009 9:42 am

FABroker1999  is that the year you were born? You dumber than a 10 yr old. I've only just begun looking into the Jones opportunity and haven't not accepted an offer or been hired. Stay off this forum if you don't have anything intelligent to add and go back to homeroom and get today's homework assignment.

 
And Jamesbond, I only inquiring at this point. Maybe acquiring clients by walking up and down residential streets isn't for me. I like to be fully prepared before I make a huge decision. I failed anything and I never will. Grow up!
Apr 10, 2009 9:44 am

B24,

Thanks for your insight. It helps when making this decision. I'll look at FINRA when the times comes.
Apr 10, 2009 9:46 am

.

Apr 10, 2009 9:52 am

Can you imagine what the 93% that we DON'T hire look like?

Apr 10, 2009 10:27 am

Then Jones is not the place for you. You already have mentally pictured yourself failing. Something else to consider, what makes you think another firm would hire you if you jumped ship before you were actually licensed (there is a waiting  period after you actually pass the test) when you couldn't cut it at the firm that has arguably the lowest production standards around? You bring nothing to the table except you passed the test, the work was too hard so i quit, so now hire me! Get real. 

Apr 10, 2009 4:11 pm

robanie:

FABroker1999  is that the year you were born? You dumber than a 10 yr old. I've only just begun looking into the Jones opportunity and haven't not accepted an offer or been hired. Stay off this forum if you don't have anything intelligent to add and go back to homeroom and get today's homework assignment. <?: prefix = o ns = "urn:schemas-microsoft-com:office:office" />


 


And Jamesbond, I only inquiring at this point. Maybe acquiring clients by walking up and down residential streets isn't for me. I like to be fully prepared before I make a huge decision. I failed anything and I never will. Grow up!



 


Hello class... Today's lesson deals with double negatives.  Tomorrow we will discuss intelligent posts on forums.


 


Anyway, If Jones pays for you to get your license then you will probably have to pay to keep them, don't you think.


 


Most contracts require you to pay back training costs and a non-solicit clause to be added. If you leave the industry they will usually forgive the training costs. You will need to check your contract to be sure.


Apr 10, 2009 6:47 pm
robanie:

Maybe acquiring clients by walking up and down residential streets isn't for me.



You're cooked. You haven't even started and you're already tired of prospecting.


Apr 10, 2009 10:44 pm

Who do you think a manager would hire: someone who has zero experience but is full of potential...or someone who tried and quit and expects the grass to be greener somewhere else.

Jones is your last chance to get into this industry. Figure out a way to make it work...or go back to waiting tables...

I also wonder how your sticking point could be the residential prospecting...it is the hallmark of the company. My path has been a little bumpy too, but it's the phone work that's messing me up...but I am trying to work through it...

Apr 10, 2009 11:07 pm

Remember... you cannot help anyone until they become a client. They can't become a client until they become a customer. They won't become a customer until you sell them something. You can't sell them something until you ask them to buy something.

 
The best advisor/client relationships begin with a transaction. You must meet the future client by getting in front of them, shaking their hand, and looking them in the eye. When you make that call from EVAL/GRAD or from your extra bedroom, or the GoodKnight's office you are working out of, it is just one piece of the larger puzzle that is your job to assemble.
 
Sell them a bond for 5K or some stock that is the one the ATL tells you is the focus of the week you are in STL. It won't hurt them. It will allow you to open their account, go by and have them sign the AUTH Form on their kitchen table when you get back home the next week. Then you learn a little more about them, maybe something about their kids, neighbors, co-workers, or other retirees like themselves.
 
Dig a little deeper, learn more, make appropriate recommendations based upon what you know about them....drip drip drip.
Apr 13, 2009 9:11 am

Someone should tell him about reimbursing Jones for training expenses, non-compete clauses, etc. 

 
What a wonderful new employee.  He's already looking for the escape hatch and he's not even a part of the crew yet.  Hasn't even rang a single doorbell to know if he hates it or not.  Hasn't even called a single prospect.  I can feel my LP returns shrinking as we speak. 
Apr 15, 2009 4:00 pm

did they show you where the bathroom is?

Apr 15, 2009 8:41 pm

.