Leaving Edward Jones

Jan 22, 2011 7:56 am

I am with the firm a little more than 3 months.  I have not attended Eval Grad training yet and have not obtained my Can Sell status.  My contract states that if I leave within 3 years after receiving my can sell date that I would have to repay training costs.  However, I am leaving before my can sell date, so my attorney feels comfortable that the reimburesement clause should not apply to me.  Does anyone have any info on this type of situation?

Jan 22, 2011 5:05 pm

Just like the contract says, "leave within 3 years after receiving my can sell date that I would have to repay training costs."  You wait a couple more weeks and you will owe $75k, leave to today and you owe nothing.  Twp people in my KYC class left before EVAL GRAD and paid nothing. 

Curious, why are you leaving?  Not trying to talk you out of it, I just never got why somebody would spend 4 weeks going door to door and then decide to quit.