Spiff,

    That's quite a shot from a Jone's guy who's always saying 'why can't you just leave Edward Jones alone.'  Not that the LPL guys din't have it coming, but let the war of words begin.

[quote=Spaceman Spiff]

[quote=joedabrkr] [quote=Philo Kvetch]I just came across this table and thought it interesting.

Legal Actions Against Retail Brokerage Firms Between 2001 and 2002

Complaints per Million Retail Accounts*
------------------------------------------------
1.5        Fidelity Brokerage Services
2.6        Credit Suisse First Boston
4.8        Edward D. Jones & Co.
6.1        Charles Schwab
6.5        ***American Express Financial Advisors***
7.2        TD Waterhouse Investor Services
7.3        E*Trade Securities
8.4        Salomon Smith Barney
8.9        Quick & Reilly
9.8        UBS PaineWebber
10.6        Raymond James & Associates
11.5        A.G. Edwards
11.9        Ameritrade
12.1        Merrill Lynch
14.9        Wachovia Securities
20.2        Morgan Stanley
27.5        Prudential Securities
63.3        U.S. Bancorp Piper Jaffray

*Source data: http://www.financial-planning.com/pubs/fpi/
20030701102.html


Deduce from it what you will........[/quote]

LPL is not on the list at all....wonder why?
[/quote]

Maybe they couldn't find enough clients to satisfy their polling minimums.

[/quote]

Or more likely it's that this list doesn't include any of the independent B/D's. 

[quote=FreeFromJones]

Spiff,

    That's quite a shot from a Jone's guy who's always saying 'why can't you just leave Edward Jones alone.'  Not that the LPL guys din't have it coming, but let the war of words begin.

I’ve been on my own for a few weeks now and have in transit 66 household accts.  I came in early this AM to look over the rest of my households I haven’t touched base with.  I rated them as potental client, dead money, small acct or little potential to benefit from my services. I realized what a crappy book I had.  Yes, we don’t need the $4100  IRA from a 61 year old school cook anymore.  She would be better served staying in the office and work with the new guy churning her from 1 mutual fund to another.  SHe will then notice how little she has made and move it to the local bank and buy a cd.  EDJ’s talks about the assets they keep, well in my case, it will be a majority I don’t care to have.  And to all you current Jonesers…I start off by telling my appts "Jones is a great firm, BUT…

bspears,

How's that shaved head workin' out for ya'?

[quote=doberman]

bspears,

How's that shaved head workin' out for ya'?

[quote=FreeFromJones]

Spiff,

    That's quite a shot from a Jone's guy who's always saying 'why can't you just leave Edward Jones alone.'  Not that the LPL guys din't have it coming, but let the war of words begin.

[/quote]

I guess you left your sense of humor at home today.  Just trying to have a little fun.