Ed Jones, NYL, or BOA?
Any advice for someone relatively new to the industry looking at Ed Jones, NYL, and Bank of america (branch financial solutions advisor)?
I work for EJ and I like it okay - the business model is probably more fun/easier in a smaller town, but it works okay in a big city too. The training program is pretty good, especially compared to training I had outside financial services industry, BUT I can’t speak to what it’s like at other wirehouses.
The hardest part at EJ? You. Will. Knock. On. Doors. Thousands and thousands of doors. It works but it feels REALLY degrading while you’re doing it - but to be fair cold calls do too.
The good - run your business however you want. As long as you are hitting your numbers, anyway. Pretty cool having such complete autonomy, but also hard sometimes to be all by yourself - you can reach back to anybody and they really are there to help, but you’re still ultimately on your own. If you’ve got any questions, let me know.