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Jul 31, 2009 10:35 am

Good bye Edward Jones!!! It's been a pleasure!!!

Although, unlike people who start out strong and lose momentum, I'm having my best month ever in July...but just didn't make my EJ numbers (and working out of my home, no one can see my progress).

I'd like to give this career another 6 months but I'm not sure where to go. I know that not making it at Jones is like not making it through kindergarten, but I still believe I can make it in this business.

Does anyone have any recommendations other than LPL and RJ?

d**che-bag comments are also welcome!!!!

Jul 31, 2009 10:41 am

Go to a bank or find a job as a junior broker / sales assistant for a few years while you hone your skills.  There are a lot of people that like this business and are good at this business but just aren't ready, can't, or don't want to do it for themselves.  The good thing is there is still room for you in this industry, you just need to find your nitche.

Jul 31, 2009 12:55 pm

Here is your douche bag comment...


[email protected]:

Congratulations! Welcome to EJ!

Most important, talk to FAs in your region who are successful. They will give you the best ideas; especially for the culture in your town.

Don't listen to anything written here, this site is full of posers.


 
Like you.
 
[email protected]:

I didn't know Ron14 had to take a bank job...is he a teller?


 
No, but you will be.
 
  [email protected]:

I didn't think it was possible to fail out of Edward Jones...


 
I guess you do now, Failure!
 
 
Jul 31, 2009 1:02 pm

ShaZAM!

Jul 31, 2009 1:26 pm

Give the dude a break...man, no mercy!

Jul 31, 2009 1:35 pm

You don't have enough production to get into most indys(or you would be making the jones numbers).



Bank would be the way to go. Prospects are there and available.

Jul 31, 2009 1:42 pm
DeBolt:
I guess you do now, Failure!  



only difference for me is failure means I have to go back to working a $100k-$200k/year salary job...

by the way...
for a new member, you sure do come with a rather large chip on your shoulder...
I say either Ron14 or Windy....or Miss Jones.

hmmm...who else have I been mean to.



Jul 31, 2009 1:48 pm

Riiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiight

Jul 31, 2009 1:52 pm
[email protected]:
DeBolt:
I guess you do now, Failure!
 



only difference for me is failure means I have to go back to working a $100k-$200k/year salary job...

by the way...
for a new member, you sure do come with a rather large chip on your shoulder...
I say either Ron14 or Windy....or Miss Jones.

hmmm...who else have I been mean to?

 
Lmao!  So you left a $100-200k salary job to work for Jones, where it would take you 4-5 years minimum to get up to the level that you were already making?  You would have to have been a $500,000 producer to make $200k, and you took that leap?  Something smells fishy, although I hope you do well.
Jul 31, 2009 1:58 pm

Not fishy...

just started to worry about my ticker!
And that my kids didn't recognize me.

I'd really like to give this another 6 months to see if I can make it work.

Jul 31, 2009 2:02 pm

I'd call your old boss and ask, if not beg, for your job back.  The Jones numbers aren't all that difficult to hit, especially at this stage of the game for you.  One decent rollover a month will hit those numbers pretty easily.  If you're finding it difficult to get it done now, then in about 2 years you'll be in serious trouble.  Get out while you still have a bridge back to your old job. 

 




OK, I'm a little confused about your situation.  Is Jones letting you go or are you leaving on your own accord? 
 
If you're serious about making it in this biz, you like Jones, and aren't afraid to move to STL for a while, you might consider the PASS program.  Just a thought.  You might end up with more AUM in a few years doing that than if you went somewhere else on your own. 
Jul 31, 2009 2:31 pm

I agree...the numbers aren't hard - but motivation, drive & confidence are 90% of the game. I just wasn't selling myself the way I needed to to make a sale. I got much better and I was getting phone numbers & first appointments with almost 75% of the people I met; but not in time to avoid the ax.


Jul 31, 2009 3:14 pm

How many weeks were you out from Eval/Grad?  I too left a big job to join Jones so I understand making a decision you made... however, it's easy to meet / exceed Jone's numbers working 20 hrs a week. You might question if this is really the career for you.  Back to the pool.


DeBolt = Jaxson

Jul 31, 2009 3:27 pm

Ron 14, EJ Numbers

 
July 06 - 7135 Gross                 
Aug        1164
Sep        1086
Oct         2917
Nov        1836
Dec         3916
Jan         9264
Feb         5224
Mar        16618
Apr          7404
May          7532
June         2216
Yr 1 total    66312
Jul 31, 2009 3:29 pm
July 07 Gross 8572
Aug                6213
Sep                6186
Oct                 4843
Nov                6433
Dec                9230
Jan                6782
Feb               10160
Mar                 8286
Apr                  6668
May                 7925
June                 6486
July                   7925
Aug                   11124 - Resigned
Jul 31, 2009 3:30 pm

87,784 -Yr 2

Jul 31, 2009 3:34 pm

Ron, were you starving? 34k had to be hard to live on year two.

btw: why are you posting your numbers?

Jul 31, 2009 3:36 pm

Those arent terrible numbers for jones... Actually in my old region right now you might be close to top guy..

Jul 31, 2009 3:56 pm

I was starving, but I came into it with a decent amount of money saved from my previous job. That was about to completely run out so I jumped ship and went to the bank. My wife doesn't work and I have 2 kids under 3. I am not going to waste my entire savings in the name of Eddie J and my wife and I always decided that she wouldn't work when we had kids.

 
I don't care about posting them. It is what it is. Everyone keeps ripping me for going to the bank or that I got fired from Jones, so there it is, have at it.
Jul 31, 2009 3:59 pm

There was a part of me that thought I would be a natural at this. But, I must say, I'm happier being gone now than being where Ron14 was in August 2008.

I hope you were able to bring most of your accounts with you.