EDJ to Indy and Hating It

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May 6, 2006 11:53 pm

I'd like to know, honestly, if there are any people out there who went from EDJ to Indy who are unhappy and wish they hadn't gone.  Honest thought please.

May 7, 2006 9:06 am

How long have you gone indy and what do you not like?

May 7, 2006 9:35 am

Look, in online posting, you've got to have an accurate title.


Don't you think you should've added a ? mark to the end of your "headline"?  Or added the words:  "Has anyone gone from..."


Otherwise you are just going to get stupid responses (like mine) and not get the answer to your question.


Read my signature and follow instructions.

May 7, 2006 11:07 am

This thread will die quickly if you are looking for any "yes" answers.

May 7, 2006 3:38 pm

zacko, you kill me!

May 7, 2006 8:53 pm
Dudley Dawson:

I'd like to know, honestly, if there are any people out there who went from EDJ to Indy who are unhappy and wish they hadn't gone.  Honest thought please.



Hey Dud....


If you are still at EDJ, you will never know the thrill of leaving....as for regrets,only that I didn't leave sooner............


Honestly, I would have left much sooner!   I now own my own business that some lazy GP doesn't control, what's not to LIKE?

May 8, 2006 8:31 am


Honestly, I would have left much sooner!   I now own my own business that some lazy GP doesn't control, what's not to LIKE?


[/quote]


NICE............................


May 8, 2006 10:14 am

Your "independent" environment will remain the same, you will more than likely own your book as opposed to working for the GPs, you will be able to serve clients more effectively and make more money.  Sure sounds like it would suck to me.

May 8, 2006 10:28 am

player,


what was your aum whenyou went indy?

May 8, 2006 10:30 am

The title of your thread had me curious, as I've yet to hear someone on here say that going indy from Jones was a bad thing.  Surely there's someone, but they must be a rare bird...


I went from a bank to indy and I love it...no regrets.  Only difference is that I wouldn't have gone sooner as most say.  My timing worked out pretty well and I had time to solidify the relationships and take most of what I had targeted.  I believe that if you're not careful and you try to leave too ealy, before your clients really, really believe in YOU, you may be disappointed in the lack of client loyalty.

May 8, 2006 3:34 pm

I was thinking of that old lifer in the Shawshank Redemption, "Brooks" when I read the start of this thread.


He would be unhappy independent of Jones as well.


May 8, 2006 3:46 pm

In referencing Shawshank, Farmboy, what would be a better comparison to Jones - bagging groceries, or being in prison?

May 8, 2006 5:02 pm

There is only one thing I miss,


"What's your cansell date, and what did you do before you came to Jones?"


I used to hate filling up 1/2 hour to 1 hour on introductions.  I'm so glad I'm indy now.  I just had my Best Month Ever and I've only been Indy 12 weeks. 

May 8, 2006 6:37 pm
BrokerRecruit:

In referencing Shawshank, Farmboy, what would be a better comparison to Jones - bagging groceries, or being in prison?


I thought both worked, which is why it came to mind.


It isn't that many corporations don't sell KoolAid but it's the consistant loss of industry standards that Jones pushes on it's people that is terrible. They hire greenhorns on purpose just to get away with it. Even ML doesn't sink as low in sucking capital out of it's people to subsidize the partners.


I thought the overtime lawsuit issue terrible in this months issue but you have to say firms like Jones only encouraged this type of suit. They would be high on a list of most likely to be targeted. My favorite Jones story on this topic;


For obviously foolish reasons in retrospect I started a Jones office as a transfer when my bank program died. I was soon in the top 10 of the class and the market was really tough at the time. Both stock and bond; circa 93-94'. There was regional meeting and they really pressured me to attend to help "boost" morale of newbees. About 100 showed up, guest speaker was prisoner of war vet as a motivational example. Then came the GP stories about "almost" going bankrupt but "later" becoming "big". It was all very clear what they were encouraging largely to a room of people who couldn't cover the nut. It was really a disgrace that well off people, partners and managers would sell this and attempt to use the few people in the room who were at least eating to encourage others to go bankrupt to just lengthen the los or add a few accounts. I ditched them shortly after this.












May 8, 2006 8:48 pm

Just curious. Do the big hitters at Jones that are not GPs pay attention as to

who gets the GP offering in the home office?

May 9, 2006 12:08 pm
The Truth:

Just curious. Do the big hitters at Jones that are not GPs pay attention as to
who gets the GP offering in the home office?


Do you mean like the heavy hitters who went to managing partner conference every year? The guys we knew all did. Interesting to hear the comments from guys like that on GP offerings.

May 9, 2006 11:02 pm

holy smoke - I remember the same speech when I was at EJ. It must be a canned presentation they let rip at summer regionals. DId the wife get in on it to??