Rank these firms, from best to worst

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Aug 26, 2008 1:19 pm

Very good analysis.  Thanks

Aug 26, 2008 1:31 pm

I love reading B24 and Spears on the tech issues. EDJ spent $500m on technology two years ago for the first time in 10??? years??? Merrill spends a billion every couple of years? I left a little over two years ago and DID NOT HAVE e-mail. That's not long ago.

 
Guys-you don't have a clue about this. Ice is right-definately not worth your time trying to defend them on their tech savvy. You look silly. No way a Merrill person would ever say EDJ has better technology. Not happening.
Aug 26, 2008 2:16 pm

You guys are doing a great job making a point about how the technology was when you were at Jones a few years ago, but you're doing a piss poor job proving that what you are saying is true now.  Just because you believe it is true, doesn't make it true.  When you can come back with an arguement better than nuh uh, this can turn into a decent discussion.  It may even help the original poster make a decision.  Why don't you tell us what we're missing.  I can't remember how many times this discussion has happend, but I know it's a lot.  I have yet had anyone who actually knows anything give me a clear answer. 


The only thing I know of is a Monte Carlo simulator.  No spears, that's not an online gambling reference.  The software we use for our FAST tools does have a Monte Carlo module to it.  However, Jones isn't comfortable with all of the math they're using to come up with the projections.  So, until they write one themselves or find one that is acceptable, we're missing that tool.   What else am I missing?
Aug 26, 2008 3:02 pm

D -

You are right, Jones was WAAAAAY late to the party on technology (and damn near everything they do).  But they came, and I honestly would like to know what technology advantages exist at Merrill today (not two years ago).
Aug 26, 2008 3:17 pm
Rodee:

Mass-produced cars (discounting the ultra-expensive/rare),

1. Mercedez 550, 2. BWM 7-series, 3. Lexus LS.....worse? 1. Scion, 2. Mazda, 3. Hyundai



I'm sure if I thought it through, the list might vary slightly; however, with regard to immediate perception, I choose the above.





Wow, now we know you are an idot! Thanks for showing us this side of you early on into the relationship.. Note to all.. This guy should work at H&R, WR or better yet Ameriprise.



Good luck dude!

Aug 26, 2008 8:03 pm

I didn't say they are the best/worst cars.  I said "my immediate perception."  It's what comes to mind immediately, without thinking it through.  Kinda like word association, branding...etc.  If I WERE to think it through and not go with instinct/instant perception, etc.. it would be a different list completely. 

Aug 26, 2008 9:22 pm
B24:

D -

You are right, Jones was WAAAAAY late to the party on technology (and damn near everything they do).  But they came, and I honestly would like to know what technology advantages exist at Merrill today (not two years ago).
 
I don't think all the latest up-to-the-minute technological advances mean too much.  I don't think I've lost much if any business because I wasn't able to generate the nicest looking report. 
 
I've got a very basic technological system.  People work with me, not because my PDA can access my calendar.  Some of you will say that "the technology makes me more efficient".  I don't think I've met one advisor that spends every minute of each day so efficiently that it really matters.
 
I also think too many rookies get too caught up in the technology and building reports and this and that.  If they had hardly a shell of technology they would probably be better off because they would have nothing to do but talk to people.
 
Good for you guys with awesome technological platforms!  I'm sure there's some cool things you can do.
Aug 27, 2008 2:22 pm
MISS JONES:
Rodee:

Mass-produced cars (discounting the ultra-expensive/rare),

1. Mercedez 550, 2. BWM 7-series, 3. Lexus LS.....worse?  1. Scion, 2. Mazda, 3. Hyundai

 

I'm sure if I thought it through, the list might vary slightly; however, with regard to immediate perception, I choose the above.



Wow, now we know you are an idot! Thanks for showing us this side of you early on into the relationship.. Note to all.. This guy should work at H&R, WR or better yet Ameriprise.

Good luck dude!

 
There she goes again. While what you say may be right, you have absolutely no evidence/reason/personal experience to believe half the crap you spew on this site. Why do you continue to do it? Think for yourself for once.