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Left jones....update

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Nov 4, 2005 5:09 am

"One thing I will say though is you ex-jones guy obviously have no respect for your previous employer..."

Hmmm....did ya ever stop to think that there might be a REASON for that common pattern? 

Nov 4, 2005 7:39 am

wow, i haven’t been to this forum in several months due to all the disgruntled ex-jones losers who got fired for non-production. get on with your lives.the reason everyone is so anti-jones here is the same reason other countries hate our great country; envy! America is not perfect and neither is Jones, but they are the best we got! Have a nice life!

Nov 7, 2005 5:51 am

hate me now...H&R block...hahahaha. Again, typical of a Jones rep, thinking H&R block is your competition.  I didnt go to H&R block you blockhead.  Read my initial post in detail and you might be able to figure out where I went - I dont think H&R block is the worlds largest asset manager.  In addition, you dont know anything about me...I mentioned earlier that I moved 2500 miles to a town where I didnt know anyone to build my practice....it takes some time to get things going, I also didnt say I only had 6 mil...6 mil in 18 months...., just back from California today where I signed a 3.5mill client - 90bps. Now, who is envious...the guy that looks out and sees advisors with $150 mil @ an average of 1%....or the guy that looks out from his desk of 300 clients @150mil @ 1% and sees a guy with 150 mil, of which 40 is bonds and dont pay him anything unless he finds someone to buy some today(oh yeah, chances are those bonds you are selling were issued originally from MY firm - worlds largest issuer of Muni's)...and has 110m @ 25bps...and cant get paid higher than 39%.  Ive got insurance for my whole family @ $150/m, Ive got a 6% match on my 401k, I never have to be scared that I might meet a sophisticated client and not have what I need to service them.  Envy...not hardly...absolutely stunned at the ignorance of Jones folk...and if we are comparing H&R block and Jones.....I give the nod to Primerica. 

PS: Please no longer place the greatness of my country in compatibility with Jones - Though America may be great...Jones isnt the best its got. Tried a stock collar recently?

Nov 7, 2005 2:01 pm

You guys should have spent some time at Jones…this aint nothin!

Nov 8, 2005 4:59 am

ctlatinger,

     I love being told by an 18 month rookie how things work.  Just because your uncle finally signed up and doubled your assets, doesn't make you a baller.  I've got news for you.  No one in your new office will even learn your last name because they know you'll be gone within 18 months.  You'll be Henry Blodgetted before you know it.

     Zacko is at least a veteran, and he is entitled to his opinions, and I agree with many of them.  You on the other hand, make a mockery of the industry.  If you make it a few more years, start running your mouth again.  Until then keep your rookie, chop shop, joke mouth shut.

Nov 8, 2005 5:49 am

ctl is just as entitled to his opinion as you are to yours...and Zacko doesn't need your hero worship.

The banks are probably glad you're not there either.

Nov 8, 2005 11:37 am

Energy and a positive attitude will take you farther than you think it
could, and letting the negative weights of “youcant…” and others is
useless.  When I left a bank everyone thought I was nuts. 
Terrible market, my new firm was the courge of the industry, and I was
leaving 70% of my book due to it’s small size.  I mean EVERYONE
thoguht I was nuts, to the point my former boss felt compelled to do
some charity and “allow” me to come back after 3 months. 



I kept my head down shouldered up with the resources I was paying for
with my 40% pay-out (I was 50% at the bank), and made them work for me.
80% fee based now, I have nearly doubled my very best year at the bank,
which was just a hair over a million.  The assets I brought over
with me?  Less than 35 million.  Truth.



CTL- when anyone leaves a firm to move on, ( or leaves a job to come
into this industry for the first time) whether Indy or not, it is an
act that warrants some respect becasue it is hard.  These prople
bashing you must never have went through it, so they don’t
understand.  If they did, they are just spewing garbage, so don’t
pay attnetion.  I belive this goes for everyone, regardless of the
firm they go to.

Nov 8, 2005 3:20 pm

I like hero worship.  I wish my wife practiced it.

Nov 9, 2005 3:07 am

[quote=zacko]I like hero worship.  I wish my wife practiced it.[/quote]



I am confused by your post?  Where is the Horo Worship?

Nov 9, 2005 4:10 am

Revealer, you’re right! I need to take a break though once in a while. I seldom post during the day. Had a good am so I guess I got carried away.

Nov 9, 2005 3:37 pm

g1,

You forgot to mention the real reasons why you don't post during the day!

St.Louis is watching all the sites you visit when I was there last I recall no-one (besides HO) could log in sites like this.

Nov 9, 2005 4:05 pm

No...now you can.  They do block many sites though.  I don't remember this being one of them. 

AND you can no longer have your own PC in the office either.  Funny, that I run my entire business over the web using a standard PC and a DSL connection.  I even use this crazy thing called...email.   Jones HO employees have email and us it but they don't trust their brokers enough yet with such a huge responsibility such as email.  Baby steps...baby steps.

Nov 9, 2005 4:23 pm

Hmm, I have DSL and a PC in the office. As well as Jones email. Come on guys, be a bit more accurate. Oh XEJ, I am posting this from work on the Jones system.

Nov 9, 2005 5:49 pm

g1,

Well wonders never cease! Welcome to the 20th century!

Nov 9, 2005 7:04 pm

JONES email?  So, you can send an email and receive them from clients, friends, etc?

Your PC is allowed to be connected to the internet?  Did you check with compliance?

Nov 9, 2005 8:03 pm

Yes and Yes and Yes and Yes

Nov 9, 2005 8:40 pm

Guest1,

Come on..you are lying...and unlike the others, I just left there 3 weeks ago so I know it.

1) You cannot have any email correspondance whatsoever with clients

2)You might be on the email pilot program, but for you to say you have email in terms of representing that all the firm does is erroneous.

3) Compliance did not clear you having an external computer in you office with connection to the internet..outside of the potential of the Pilot email program. You are allowed to have external computers for the purpose of PPT presentation materials, but are supposed to NO client info on the computer...and it is subject to inspection from the auditing team.  You are blowing smoke and you know it...or you are in danger of being dinged big time from Jones police.

4)Now, about this Pilot email program of which like 200 branches have...i have spoken with some people using it...and they hate it.  About every 20 words it dings at you and says that "The word or phrase you are using is non-compliance approved and must be removed from the statement" or something to this effect. Anyone else out there having there emails chopped like this?

Guest1, if you want people to listen to your side, you have to approach it without false statements...it kills the credibility. 

Nov 9, 2005 8:41 pm

Oh, in favor of Guest1 to show I am fair…you can access RegisteredRep from the jones computer system.

Nov 9, 2005 8:55 pm

CTL, had three this am from a client overseas. Call your people at Jones. Rolled out two weeks ago. I was not and still am not on the pilot. I have had a PC for over 5 years with a connection. They look at it sure, but never an issue. I have had no issues with sending emails, not that I want to send any out. (Maybe they have not rolled it out to offices under 100k gross and that is why you did not have it?) (sorry, I slipped)

Please, do not do anythoing in FAVOR of me. Get back to your acats. 

Nov 9, 2005 10:36 pm

Just talked to a Jones buddy this morning, and he asked me if email was helpful...didnt say anything about everybody having it.  I am still friends with my former BOA, and have talked with her about once every 72 hours since the move...nothing about email.  I dont buy it...but I dont care, I just think you arent being truthful.

One thing, what has been the purpose of the online PC in your office for the last 5 years? If you cant send email, and cant keep client info, and dont have alot of Websites blocked by jones...why the hassle? I am being serious here, not throwing flames.