Skip navigation

Regret Leaving Jones?

or Register to post new content in the forum

29 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.
Dec 20, 2004 10:54 pm

Nevermind.  Just saw the news of the day (Jones 75mil).  I’m over it.

Dec 21, 2004 2:33 am

Bearcat,

Get a copy of the WSJ in the morning, and send it to all your previous clients at Jones, your phone will be ringing off the hook..

You made the right move...Did I have regrets, maybe for one second, because of close friendships I had with IR's.

It was the best move I have made  

Dec 17, 2007 10:35 pm

 Just an old tread–Brian1960 and Advisorman> you see these treads you bring up have been around a long time–the questions never die>the foum just changes topics.

Dec 17, 2007 11:05 pm

What was this article or ad that Jones placed in the WSJ?

  I've heard about it for years but have never seen it. Can it be found online? I've tried to search, with no success, because I really don't know what to search for.
Dec 17, 2007 11:11 pm

Jones place a ad in the WSJ signed by Doug Hill talking about MS not doing right by the clients (Jones then got hammered for the Mutual Fund payments).  I’ll look for it to see if I can find it.

Dec 18, 2007 12:11 am

It was a ad in the WSJ, New York Times, Washington Post, and St Louis Dispatch on Nov 6, 2003 by John Bachmann not Doug Hill, he said in a full page ad in all four newspapers that cost $275,000, "Because mutual funds do have a long record of serving investors well, we, like so many others, were completely unaware that the “anything goers” mentality of the late 1990’s had infected a few fund managers…in this ad he was ref Morgan Stanley for having sales contests on their own funds–but just days after that ad came out–Jones was attacked for fund payments and other trading issues.  You can go and look it up under that date.

Dec 18, 2007 1:28 am

Hey uwec86 have you kept a copy of the article in electronic format?

Dec 18, 2007 7:58 pm
compliancejerk:

Hey uwec86 have you kept a copy of the article in electronic format?

  Geez, here we go...
Dec 18, 2007 8:08 pm

It may go down as one of the biggest dumbass things EDJ's ever did.  It goes to show, the top brokerages run Wallstreet and the SEC, and it was there way of beating down Jones.  I bet it will be the last time Jones opens its big mouth.  I bet if Merrill or Morgan wanted Jones to go away, especially the 1 broker office, it wouldn't take to much.