Annual Brokerage Report Card

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Dec 7, 2007 12:35 pm

EJ is #1 for the 15th straight year, with a score of 9.5. AG Edwards is 2nd with a score of 8.7.

Dec 7, 2007 12:58 pm

Damn, and to think I sat by the phone waiting for the interviewers to call.  I would have shed some light on their lovely scorecard.  I bet my comments would have put them at 10.

Dec 7, 2007 1:39 pm

Can I go to bed now?  Like Bspears I waited for 15 years to get that call at Jones and nothing--Did Jim get a call?????

Dec 7, 2007 1:54 pm

I doubt Jim has time to talk on the phone.  He can't get away from his car magazines long enough to make a statement.

Dec 7, 2007 2:46 pm

The Pittsburg Pirates haven't had a winning season for 15 years. I wonder if anyone in that organization makes fun of competition like the Atlanta Braves, who won the division for 11 straight years.


I believe 50 brokers are called at each firm each year, which would currently be less than 0.5% of those at EJ. Obviously most would never be contacted.

Dec 7, 2007 4:18 pm

So less than 50 brokers think they're almost great....wheww...I'm now impressed.  I don't get your baseball analogy...it would have been better to say.."the Atlanta Braves players rated their baseball club 9.5 on a scale of 10"...Which means what??? and the Pirates rated their club an 8 out of 10...which means what???  Pretty much..NOTHING...Maybe the Braves pay for a stip club membership...it would get my vote.

 
Now I would be impressed if they surveyed maybe 5k of brokers working at Jones and or anyother brokerages...and if the number was still 9.5...I would THEN be impressed.  I believe the names are handpicked...maybe not...but not a significant number to me.
Dec 7, 2007 4:29 pm

I cant compete with these guys.  I mean if the IRFA's in my town didn't throw be a bone every once in a while, my family would starve.  Thank you for your generosity and kindness and congratulations on this prestigious accomplishment.

Dec 7, 2007 4:32 pm
Butkus:

EJ is #1 for the 15th straight year, with a score of 9.5. AG Edwards is 2nd with a score of 8.7.

 
I just had to see those numbers again.  Simply amazing........what an accomplishment. 
 
I am truly humbled.  Again, congratulations.
Dec 7, 2007 4:48 pm

Take that No 1 ranking in RR--A ranking made by your own employees (You do get a W-2 because you don't own your book or your branch) and tell all your client's how great you ranked yourself--I'm sure they will be impressed!  What a joke!  What isn't a joke is getting paid 90% instead of 40% or if you are in a B or C share at Jones 35%.  What impresses clients is the fact we don't charge 2% like Jones to reinvest their dividends or $75 to set up a TOD--we do it for free because it is the right thing to do...then when the client dies you hit up the estate for another $200 to execute the TOD!  Get a life! 

Dec 7, 2007 4:48 pm

Oh yea...wait till they get that thing called fee based accts....10 here we come...yahoooo....

Dec 7, 2007 5:17 pm

Gather around children and I will tell you a story.  It's about a someone who used to be known as an I.R. who belonged to a special group of people called Leadership Team.....
One day this I.R. was visiting a Castle owned and occupied by giants called General Partners.  The Giants were having a special meeting which they held every other monday in a special room.  The Giants would discuss all the L.P.'s (Little People) who lived in their kingdom. Sometimes they would say Good things, sometimes they would say very VERY bad things .... If Bad things were said, the L.P. would then somehow disappear..... Anyway, during this meeting, one of the Giants whose name was Tiny Tim, said "WE MUST SUBMIT THE NAMES OF SELECT I.R.'S TO THE RANKING SERVICE AGAIN- WHO WOULD YOU NOMINATE?"   And all the Giants began to talk excitedly about the L.P.'s in their Region who would say the nicest things about the Kingdom.  

This was a tradition that was done every year. 

Aftwards, all the Giants would mix a large batch of special Green Kool-Aid and everyone would drink it until they all felt like forming a big group hug and they would sing Kum Bay Ya.....


The moral of the story boys and girls is that even when it's in Print- for 15 years- there's still Giants who write the verses and Kool-aid driving the forces.....and Little People who don't say good things ....... disappear..... just like magic.

Dec 7, 2007 5:19 pm
Butkus:

I believe 50 brokers are called at each firm each year, which would currently be less than 0.5% of those at EJ. Obviously most would never be contacted.

 
From this website we get the following information:

Methodology: How this Survey Was Conducted

Registered Rep. commissioned J.D. Power and Associates to conduct its Annual Broker Report Card Study this year. Reps were randomly selected from the subscriber list of this magazine. Similar to previous years, advisors were required to have at least one year in production at one of the seven firms evaluated in the study. The research was conducted by Internet and phone in September and October 2006. Sample sizes range from 72 to 201 by firm. The total sample size for all firms is 920.



Too bad those boys in green can't comprehend what they read.    
Dec 7, 2007 5:19 pm

Munytalks

Dec 7, 2007 5:38 pm

Numbers dont lie.

IRFA's dont lie.
Edward Jones is the best everyone else sucks.  RR, JD Power, and GP dont lie.  Deal with it and stop being jealous.  I finally accepted it and am now a much happier person.
Dec 7, 2007 5:47 pm

HAPPPY HAPPY HAPPY HAPPY....I had my wife call me and interview me on my own firm.  Guess what ...a perfect 10.  F u EDJ's...I got a 10. 

 
Munytalks, back in the day...that type of meeting would have been called a circle jerk. 
Dec 7, 2007 5:52 pm

Signing off for the weekend fella's.  Its been a hoot reporting outside the cult camp this week.  Hope you all have a great weekend and lets get back to battle the green machine bright and early Monday morning.  Kum By Ya..Kum By Ya....

Dec 7, 2007 6:09 pm

I feel da luv--buy

Dec 7, 2007 6:16 pm
 
Munytalks, back in the day...that type of meeting would have been called a circle jerk.  [/quote]
 
 
Well, I DID point out that the meeting was run by General Partners, soooooo- you're right. You get the prize. I will be sending you a key ring or door mat...
Dec 7, 2007 7:17 pm

Muny-

 
I still have my framed picture of Doug Hill. Seems appropriate as a gag gift!
Dec 7, 2007 7:52 pm

You are the greatest sales force in the world! Now sale more so I can make more to catch up those millions I lost on my fine! Doug!