EDJ My Region Meeting/Below Standards

or Register to post new content in the forum

10 RepliesJump to last post

 

Comments

  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
Feb 28, 2009 12:59 pm

With all of the talk on the board the past several weeks about the number of people that are below standard in different EDJ regions,

I thought I would take a look at our regional performance chart, and

see exactly what the numbers are in our region.



0-36 months of service     9 Meeting Standard / 3 Below Standard

37-72 months of service    7 Meeting Standard / 8 Below Standard

Over 72 months of service 25 Meeting Standard / 8 Below Standard



This totals out to:

0-36 months   - 75% Meeting / 25% Below

37-72 months - 47% Meeting / 53% Below

Over 72mths   - 75% Meeting / 25% Below



Total Regional numbers are - 68% Meeting / 32% Below Standard



These numbers obviously would be a lot better in a different market

setting, but still they are a lot better than what some have reported

for their regions. As the numbers indicate our region has a lot of

veterans which probably tilts our numbers to the Meeting Standard side

of the board. It appears those with 3 to 6 years of seniority are

feeling the most pain.

Also, I believe we only had two people in the region on goals before

the changes were made this week on PIP policy.

Feb 28, 2009 2:06 pm

who cares? jones cheerleaders are annoying. corporate drones.

Feb 28, 2009 2:31 pm
punkbynature:

who cares? jones cheerleaders are annoying. corporate drones.





Based upon the amount of posting about high numbers of people with EDJ

being below standard in certain regions, I would say a lot of people.

I'm just giving a snapshot of what I see in our region. I wouldn't say

the numbers are good, but a far cry from what I have seen some post

on this board.

Feb 28, 2009 3:12 pm

I just heard from Dan Tim that Jones is cancelling Div trips soon. Good luck with that.

Mar 2, 2009 10:37 am
punkbynature:

I just heard from Dan Tim that Jones is cancelling Div trips soon. Good luck with that.


That wouldn't surprise me. I would guess that a LOT of fund companies are cutting back, and I think they paid a decent amount of the trip budget.
 
I can see the front page now "AIG SUBSIDIZES EDWARD JONES REPS' HAWAII VACATION!"
Mar 2, 2009 7:27 pm

I have not heard anything about trip reductions to this point. I would

think things would have to get worse before they would cut the trips, since the trips are such a longstanding part of compensation.

Mar 2, 2009 7:40 pm

It would not surprise me if the trips were cut out because the fund companies pay a large portion of that as well as region meetings which have been cut back. The fund companies are having problems and regulators as well as media are watching for these under the table payments

Mar 2, 2009 8:46 pm
Advisor238:

With all of the talk on the board the past several weeks about the number of people that are below standard in different EDJ regions,
I thought I would take a look at our regional performance chart, and
see exactly what the numbers are in our region.

0-36 months of service     9 Meeting Standard / 3 Below Standard
37-72 months of service    7 Meeting Standard / 8 Below Standard
Over 72 months of service 25 Meeting Standard / 8 Below Standard

This totals out to:
0-36 months   - 75% Meeting / 25% Below
37-72 months - 47% Meeting / 53% Below
Over 72mths   - 75% Meeting / 25% Below

Total Regional numbers are - 68% Meeting / 32% Below Standard

These numbers obviously would be a lot better in a different market
setting, but still they are a lot better than what some have reported
for their regions. As the numbers indicate our region has a lot of
veterans which probably tilts our numbers to the Meeting Standard side
of the board. It appears those with 3 to 6 years of seniority are
feeling the most pain.
Also, I believe we only had two people in the region on goals before
the changes were made this week on PIP policy.

 
I think those number are interesting, but I also think, like you said, depends on how young the region is and how many new advisors were gk'd..
 
I got some numbers from my old region this morning with reps between 36-72 months the split is 38% meeting/62% below...again more metro area, younger region with older advisors refusing to do gk..
Mar 2, 2009 11:36 pm

The seniority of the region makes a difference. I noticed when our

new numbers came out today that several more in the 37-72 months range

had fallen under standard.

Mar 2, 2009 11:48 pm

Why not update your numbers from the original post? Especially since it was posted two days past the end of the sales month (therefore, it really was more than a month old data).