Edward Jones #1
I have come to spread the gospel of Jones.
We are #1 in number of offices
We are #5 in number of brokers
We are #3 in number of employees
Edward Jones Ranked No. 2 by FORTUNE Magazine in its 10th Year
On Best Companies to Work For List
For the 16th consecutive year, Edward Jones ranked No. 1 in Registered Rep. magazine’s annual survey of the nation’s eight largest financial services firms.
EAT THAT INDY PAUPERS! You will no longer get a free pass to tramp over our fine name. I am here to WEDDLE YOU!!!
This would have been great fighting words if it didn’t look like someone was trying to start a fight. LA Broker, is that you?
Explain to me how giving you FACTS about Edward Jones is picking a fight? You have conjecture I have numbers. Eat that INDY boy.
Excuse me … exactly how are you comparing a company with independents?
I mean, if I’m an indy … then by definition I don’t want to be part of 12000 employees. I’m at a loss. What are you trying to prove? That Jones is better than Merrill Lynch or MSSB? That’s an argument.
[quote=LockEDJ] Excuse me … exactly how are you comparing a company with independents?
I mean, if I’m an indy … then by definition I don’t want to be part of 12000 employees. I’m at a loss. What are you trying to prove? That Jones is better than Merrill Lynch or MSSB? That’s an argument. [/quote]
He’s got a point Weddle
I’ve not compared Edward Jones, the #1 company to work for, to a crappy Indy office with no assistant, bad furniture, and a dank smell.
That’s like comparing the US Navy to somali pirates. Sure, the somali pirates make a living but when you want firepower you know where to go.
I simply will not stand by as INDY clowns trounce on Ted Jones and the company he built. You are on notice.
Clearly not Weddle. Fess Shaughnessy, maybe.
Old Fess!
On notice. Thanks.
Is this Wind’s latest incarnation?
Jack Cahill? Jim McKenzie?
But what if I want to do managed futures? Or something as risky and complicated as protect my positions with options? Or heaven forbid, offer a client more than 45 mutual funds (funds not families) in a wrap program? Is Edward Jones still the best?
LOL...that was my thought exactly!Old Fess!
On notice. Thanks.
Is this Wind’s latest incarnation?
[quote=Jebediah]But what if I want to do managed futures? Or something as risky and complicated as protect my positions with options? Or heaven forbid, offer a client more than 45 mutual funds (funds not families) in a wrap program? Is Edward Jones still the best?[/quote]
You are smart enough to do all of this and follow more than 45 mutual funds by yourself? Don’t think so!
The Edward Jone’s model is perfect for 99% of the population … Buy & Hold works for the VAST majority of the investing class, not your smoke and mirrors. Edward Jones is in a class alone.
Being that the vast majority of the wealth in this country is concentrated in the top 1%, I will go after them. You can deal with the $6k rollovers all day long. More power to you.[quote=Jebediah]But what if I want to do managed futures? Or something as risky and complicated as protect my positions with options? Or heaven forbid, offer a client more than 45 mutual funds (funds not families) in a wrap program? Is Edward Jones still the best?[/quote]
You are smart enough to do all of this and follow more than 45 mutual funds by yourself? Don’t think so! No, I can’t follow 45 mutual funds, but my company can. Why can’t yours?
The Edward Jone’s model is perfect for 99% of the population … Buy & Hold works for the VAST majority of the investing class, not your smoke and mirrors If making money is smoke and mirrors, so be it. Keep showing “Louie the Loser” and “If you miss the 10 best days…” to your clients. Edward Jones is in a class alone. Not by choice.
We each have our business models. Follow yours and shut your mouth about ours. We could be a nice little 2 person firm like yours but we prefer to have 10,000 offices. In 30 years when the name on your sign will be different and gone … Edward Jones will be there. As always. The best in the business.
Weddle Me, you are a funny guy.
Let me see if I have this straight. You can speak about other companies, however others need to shut up about yours? Most Jones reps have a Napoleon complex for good reason. If you were secure in your company (among other things), it would go without saying. Nice try though.We each have our business models. Follow yours and shut your mouth about ours. We could be a nice little 2 person firm like yours but we prefer to have 10,000 offices. In 30 years when the name on your sign will be different and gone … Edward Jones will be there. As always. The best in the business.
Shall we use a sports analogy?
There are THOUSANDS of high school basketball players that are mediocre at best. There are maybe a couple hundred that make it to the pros.
Are you one of the thousands trying to get to the big league? Hey, kind of like a free agent.
I love freedom and independence.
[quote=Jebediah]
Let me see if I have this straight. You can speak about other companies, however others need to shut up about yours? Most Jones reps have a Napoleon complex for good reason. If you were secure in your company (among other things), it would go without saying. Nice try though.[/quote]
The guy’s got a size issue. Give him a break … I mean a lot of guys don’t take showers at the gym.
Let me see if I have this straight. You can speak about other companies, however others need to shut up about yours? Most Jones reps have a Napoleon complex for good reason. If you were secure in your company (among other things), it would go without saying. Nice try though.[/quote] Why is this? I agree with you, but it's SO difficult to articulate why. I'll never forget a statement a Jones vet made to me at a due dilligence trip a while back. He said, Jones is a good company, but as long as you're here, you'll always feel like you're playing for the Junior Varsity. I remember thinking that he had just nailed exactly what I had felt since day one.[quote=Weddle Me]We each have our business models. Follow yours and shut your mouth about ours. We could be a nice little 2 person firm like yours but we prefer to have 10,000 offices. In 30 years when the name on your sign will be different and gone … Edward Jones will be there. As always. The best in the business.
Borker, pull your pants down and you’ll figure out you’ll always be in JV.
If we are the minors I’ll take it and make no excuses: "Edward Jones again was named the No. 1 full service brokerage firm in the August edition of SmartMoney
magazine. The firm placed ahead of six other firms and received high
marks in the four categories surveyed by the magazine: stock picking,
customer satisfaction, trust and customer statements. Edward Jones,
which also ranked No. 1 in 2005, received five-star ratings in client
statements and customer satisfaction. (August 2007)"
SUCK ON THAT HATERS
[quote=Weddle Me]
Borker, pull your pants down and you’ll figure out you’ll always be in JV. If we are the minors I’ll take it and make no excuses: "Edward Jones again was named the No. 1 full service brokerage firm in the August edition of SmartMoney
magazine. The firm placed ahead of six other firms and received high
marks in the four categories surveyed by the magazine: stock picking,
customer satisfaction, trust and customer statements. Edward Jones,
which also ranked No. 1 in 2005, received five-star ratings in client
statements and customer satisfaction. (August 2007)"SUCK ON THAT HATERS
[/quote]
I’m picturing R. Lee Ermey shouting at us all on the board (crazed Marine D.I. from “Full Metal Jacket”) as I read WeMe’s posts.
I keep thinking that this has got to be some ex-Jonesie trying to stir up some action. I’m laughing as I keep reading. Spears, damn it…is that you?!!
Can you dispute anything I’ve said? I am only reporting the facts of Jones. Being INDY is a fine path but it’s not the only one and the aloof attitude of some wears thin.
EDJ #1
[quote=Weddle Me] but it’s not the only one and the aloof attitude of some wears thin.
[/quote]
Pot. Kettle.
Seems like they changed the mixture in the kool-aid. WeMe, explain this to me, because I was at jones and I still don’t understand. What is Edward Jones? Wire, Regional, Indy, Some version of online TD Ameritrade?. The examples you site no one cares about(Don’t tell me you pick stocks based on what Smart Money says). You talk about the empowerment of working for a company than you counteract that by suggesting you run your own office(which you clearly don’t). You are right when i retire my company name will probably come down, but I will have walked away the proceeds from my business. What do you get for building something for EDJ, split comp your last 3 years???
PS… you forgot to mention this about your great company…
"Edward D. Jones & Co. received $82.4 million in secret payments from seven mutual-fund firms in the first 11 months of 2004, through a lopsided fee structure that in some cases gave the brokerage firm more compensation for selling poorly performing funds than for selling stellar performers.
The disclosures were posted yesterday, on Jones’s Web site as required by its $75 million agreement to settle regulatory charges that it failed to adequately disclose the payments to investors. They are by far the most detailed figures ever made public on the industry practice of mutual-fund companies paying brokerage firms to induce them to sell their products, an arrangement known as revenue sharing. Unlike front-end sales commissions, which are widely disclosed to consumers, revenue sharing has been largely secret.
Bingo!!! Give the man a prize. As long as this forum has been in existence, way before I came around, indy folks have been bashing EDJ & EDJ folks have been bashing indy guys. One of these days more people than LockEDJ will have figured out that it is an excercise in futility to debate whether indy or EDJ is better. WeddleMe - shut up. Go away. Please. If everyone else will stop posting and just ignore him, this thread will die tomorrow and we'll not have to worry about it again. Then if he posts another one, just ignore that one too.Excuse me … exactly how are you comparing a company with independents?
I mean, if I’m an indy … then by definition I don’t want to be part of 12000 employees. I’m at a loss. What are you trying to prove? That Jones is better than Merrill Lynch or MSSB? That’s an argument.
I agree with Spiff. Just ignore his posts and they will stop. Nothing positive can come of this thread.
Mike? is that you? seriously? is it?Borker, pull your pants down and you’ll figure out you’ll always be in JV.
If we are the minors I’ll take it and make no excuses: “Edward Jones again was named the No. 1 full service brokerage firm in the August edition of SmartMoney magazine. The firm placed ahead of six other firms and received high marks in the four categories surveyed by the magazine: stock picking, customer satisfaction, trust and customer statements. Edward Jones, which also ranked No. 1 in 2005, received five-star ratings in client statements and customer satisfaction. (August 2007)”
SUCK ON THAT HATERS
[quote=MR.D]I agree with Spiff. Just ignore his posts and they will stop. Nothing positive can come of this thread.[/quote]
Point to something I’ve said that is a lie.
[quote=Weddle Me]
[quote=MR.D]I agree with Spiff. Just ignore his posts and they will stop. Nothing positive can come of this thread.[/quote]Point to something I’ve said that is a lie.[/quote]
You didn’t stay at a holiday inn last night.
Prove I didn’t
EDJ #1 … I have facts, you have opinions.
Hmmmm, licensed assistant, brand new custom designed office (designed by client), professionally decorated (by one of my clients), beautiful furniture (several pieces custom built by a client); all of this located in THE landmark professional building located within THE landmark professional development; I participated in the development, and best of all, own the building which currently has 100% occupancy tied up in 5-year leases at $23/sq. ft. 3N with built in increases the last two years. That's right, bizatch, OWN the building outright--i.e no mortgage. My office also smells like leather thanks to some device that my wife brought in. Clients love that in addition to the beautiful floral arrangements, fresh baked goods, and artisan chocolates often found at our office. All of that, and I regularly sell covered calls and buy puts to protect client capital, too, being the predatory risky bastard that I am. (Wink, wink) WeMe, just imagine all of that......and then suck on it, Punk!I’ve not compared Edward Jones, the #1 company to work for, to a crappy Indy office with no assistant, bad furniture, and a dank smell.
Answer me this … was Jones a worse company last year, when Raymond James was #1?
[quote=Weddle Me]
[quote=MR.D]I agree with Spiff. Just ignore his posts and they will stop. Nothing positive can come of this thread.[/quote]Point to something I’ve said that is a lie.[/quote]
Ok, here’s a lie… June 2009 issue of Smart Money names Raymond James as the best full service brokerage firm. Look for yourself http://raymondjames.com/pdfs/smartmoney_top_ranking.pdf
You also neglected to mention that EDJ’s J.D. Powers results have dropped from your previous ranking. Oh my who would have guessed again top honors did not go to the cult.
http://www.raymondjames.com/pr/080731.htm RAYMOND JAMES RANKS HIGHEST IN J.D. POWER AND ASSOCIATES 2008 FULL SERVICE INVESTOR SATISFACTION STUDY
Weddle Me, you seem to believe Jones Offices are the envy of the Indy world. I used to have a Jones office. There is nothing spectacular about Jones offices. They all look alike. You all have the same furniture, similar signage, art work and carpeting. You are like the Burger King of the investment world. I will take my office over a Jones office anytime. Plenty of room for my two assistants and my business partner. I have nice furniture, hardwood flooring and crown molding. Oh and one more thing I get to keep much more of what I make than you.
Get over your bad self already…
Wired, Wired, Wired … This is what I’m talking about. You’re little three person office is supposed to impress the investment gods? Your post reeks of righteousness. Instead of saying Edward Jones is a good business model you seek to tear us down by calling us “The Burger King” of the investment world. WE MADE YOU! You’d still be selling books door to door without Edward Jones. Remember that next time you’ve got to fix your offices AC. Show respect to your daddy.
Edward Jones #1
Hmmmm, licensed assistant, brand new custom designed office (designed by client), professionally decorated (by one of my clients), beautiful furniture (several pieces custom built by a client); all of this located in THE landmark professional building located within THE landmark professional development; I participated in the development, and best of all, own the building which currently has 100% occupancy tied up in 5-year leases at $23/sq. ft. 3N with built in increases the last two years. That's right, bizatch, OWN the building outright--i.e no mortgage. My office also smells like leather thanks to some device that my wife brought in. Clients love that in addition to the beautiful floral arrangements, fresh baked goods, and artisan chocolates often found at our office. All of that, and I regularly sell covered calls and buy puts to protect client capital, too, being the predatory risky bastard that I am. (Wink, wink) WeMe, just imagine all of that......and then suck on it, Punk![/quote][quote=Weddle Me]I’ve not compared Edward Jones, the #1 company to work for, to a crappy Indy office with no assistant, bad furniture, and a dank smell.
How is it to work with Amish clients?
Their money is green, too! How is to know that you are enabling a grown man’s pitiful addiction to BrylCreem? As Spears would say, “Just Askin’”.
Man up and prove what you said. If you are successful … prove it. Jones success is proven every day, every week, etc. etc. etc. etc. since 1922. Anyone can post on here and tell me HOW great that are. MAN UP
EDJ #1
Geez I sure hope this is Windy/MJ…otherwise there are 2 (at least) of these guys on here…there are some humble Jones FA’s that realize that there are positives and negatives to both Jones, Indy and all other types of shops!
You didn’t make me. I used to train you. Shouldn’t you be sitting with your Putnam wholesaler? You get caught in a lie and just like your GPs you ignore the facts. They must be very proud.
Wired, please call me daddy.
Being serious for a moment. I see nothing wrong with the Indy channel. Jones is not a better way. It is simply different. Indy is not a better path either … so get off your “I own the building, I have a fancy chair” high horse. In 20 years your business will be DEAD. Jones will still be here and even LARGER.
Do you want me to scan in my tax returns? Post some photos of my building? Post some client statements? I don’t have sh*t to prove to you, beeotch. Nice troll, though.
I SOLD $40,000,000 in BONDS TODAY, MY NAME IS SOOTHSAYER.
You can’t prove it … don’t brag about it fool.
EDJ #1 <-- Easy to prove, see how it works ass clown?
Hey Weddle weren’t you the one who posted that you were number 1 then lied about the Smart Money rankings? If “Jones is not a better way. It is simply different”, then why all the we’re number 1 b.s.?
There are tons of reports that have us number, have I lied about it? You INDY punks still bang on Jones because you think you are better. YOU ARE NOT!
Do you have your name on a NFL stadium? I think no… EDJ #1
I’m still not sure if this is a Troll or someone that drank from the pitcher of Kool-aid one too many times. It’s hard to tell because there are so many people who work at Jones that sound just like Windy. And yes, I believe this to be Windy.
Yeah, the Super Bowl was played at my clearing firms stadium last year. Get over yourself and see a de-programer.
[quote=NJB]I’m still not sure if this is a Troll or someone that drank from the pitcher of Kool-aid one too many times. It’s hard to tell because there are so many people who work at Jones that sound just like Windy. And yes, I believe this to be Windy.
[/quote]
That’s rich… a guy with “1” post is calling me Windy. Welcome back, DJ.
I’m still waiting for someone to prove me wrong.
[quote=Weddle Me]
Do you have your name on a NFL stadium? I think no... EDJ #1[quote=wired]Yeah, the Super Bowl was played at my clearing firms stadium last year. Get over yourself and see a de-programer. [/quote][/quote] LMAO! What an idiot.
I believe the JD Powers is currently in the hands of Raymond James both #1 in broker trust and Service and I also belive Raymond James is number 1 in Smart Money currently. I say currently because Jones has lost all of those customer surveys recently. I know all the kool aide boys and girls always vote their firm number 1 in Reg Rep. Any way here today gone tomorrow. That’s not what makes a good place to work. It who is there. You are there we are here. I love it that way. You have to be able to think to be indy. You are where you can be lead and we are where we can lead. It’ not quantity it’s quality. Been there I know the difference on my own not because Jim Bob Weddle told me.
[quote=Weddle Me]
[quote=NJB]I’m still not sure if this is a Troll or someone that drank from the pitcher of Kool-aid one too many times. It’s hard to tell because there are so many people who work at Jones that sound just like Windy. And yes, I believe this to be Windy.
[/quote]
That’s rich… a guy with “1” post is calling me Windy. Welcome back, DJ.
I’m still waiting for someone to prove me wrong.
[/quote]
Liar? I said I believed you to be Windy, Windy. Not that I know that you are actually Windy. Only you know if you are the real Windy. It’s just my opinion Windy. Opinions can’t be lies Windy. Who ever you are (although I still think you are Windy) you might want to slither down from your soap-box.
Raymond James has their name on an NFL stadium. In fact, they played the Super Bowl there last year. See how it works ass clown?
Take your list of "Top Producers". Then compare how they would stack up at the top of leading independent firms. Trust me, you're not #1. Number of EDJ advisors named to Barron's Top 100? Zero. You're not #1. Option trading? You're not #1. Managed futures? Heard of them? Your "research" is so lightly regarded on the street that no attention is paid when EDJ changes a rating on a stock. They give a damn what Stifel Nicholas says, but don't give a crap about Skrainka. Trust me, you're not #1. BTW, who cares what Smart Money says? That's about one notch above People, which is about half a notch above The National Enquirer.[quote=NJB]
[quote=Weddle Me]
[quote=NJB]I’m still not sure if this is a Troll or someone that drank from the pitcher of Kool-aid one too many times. It’s hard to tell because there are so many people who work at Jones that sound just like Windy. And yes, I believe this to be Windy.
[/quote]
That’s rich… a guy with “1” post is calling me Windy. Welcome back, DJ.
I’m still waiting for someone to prove me wrong.
[/quote]
Liar? I said I believed you to be Windy, Windy. Not that I know that you are actually Windy. Only you know if you are the real Windy. It’s just my opinion Windy. Opinions can’t be lies Windy. Who ever you are (although I still think you are Windy) you might want to slither down from your soap-box.
[/quote]
Defensive too! DJ DJ DJ … do you ever learn?
EDJ #1 … DEAL with it ladies!!!
Given! You are no 1 in number of offices. Whoopie!!! You clients don’t give a d about that. They are waiting on their 18 dollar checks. Hey another no. 1 for Jones most 18.33 checks sent out. Show us some real no1’s that the clients believe.
[quote=Weddle Me] There are tons of reports that have us number, have I lied about it? You INDY punks still bang on Jones because you think you are better. YOU ARE NOT!Do you have your name on a NFL stadium? I think no… EDJ #1
[/quote]
Neither will you when they move the team out of that horrendous structure.
After all those years of lying about the date we were founded, did they finally make us stop saying 1871?Man up and prove what you said. If you are successful … prove it. Jones success is proven every day, every week, etc. etc. etc. etc. since 1922. Anyone can post on here and tell me HOW great that are. MAN UP
EDJ #1
Edward Jones could brag if they employeed 12,000 Rankstocks. Edward Jones is definately a good place to start. I would even say they are a good place to end. But not the only place. EJ is not the best nor the worst place for IRs or clients.
Does EJ still mark up bonds before they put them in inventory? Speaking of bonds, I guess it was better for the Lehman bonds to be in clients accounts then inventory. How much was the total exposure for EJ clients? 100mm? 200mm? am I even close? Thanks Mario! That's a real trooper there. He may have saved your LP Spiff!EDJ is the #1 pain in my ass! I also think NJB is Windy or Jaxon. Not even Windy was this pro-jones, he was pro-windy.
[quote=Weddle Me]
[quote=NJB]
[quote=Weddle Me]
[quote=NJB]I’m still not sure if this is a Troll or someone that drank from the pitcher of Kool-aid one too many times. It’s hard to tell because there are so many people who work at Jones that sound just like Windy. And yes, I believe this to be Windy.
[/quote]
That’s rich… a guy with “1” post is calling me Windy. Welcome back, DJ.
I’m still waiting for someone to prove me wrong.
[/quote]
Liar? I said I believed you to be Windy, Windy. Not that I know that you are actually Windy. Only you know if you are the real Windy. It’s just my opinion Windy. Opinions can’t be lies Windy. Who ever you are (although I still think you are Windy) you might want to slither down from your soap-box.
[/quote]
Defensive too! DJ DJ DJ … do you ever learn?
[/quote]
Not defensive. Not DJ. But you just admitted to be Windy.
[quote=voltmoie]EDJ is the #1 pain in my ass! I also think NJB is Windy or Jaxon. Not even Windy was this pro-jones, he was pro-windy.
[/quote]
I’m not Windy, Jaxon or Pro-Jones.
Go to the beach. Scoop up a big pile of sand. That’s EDJ. Look in that mound of sand and try to find Weddle Me.
Come on guys. He baited you. This guy probably doesn’t even work for Jones.
My only question for WeeMe is: If in fact, you did stay at a holiday inn last night, where is the receipt? And how come you aren’t comfortable in one of your offices? Jones does not put people up at the Holiday Inn, so you couldn’t have been in St. Louis or Tempe. Are you not making enough jack to at least rent an apartment? I would assume from working at Jones, that you would have some major kind of money?
You sir, did NOT sleep at a Holiday Inn last night and are a liar!
I can’t believe that I just read all 6 1/2 pages of this thread.
This is quite possibly the dumbest thread I have read. I am truly hoping that everyone realizes that Weedle is just a troll trying to drum up anti-Jones rants, and are just playing along for “fun”.
Do you have your name on a NFL stadium? I think no… EDJ #1
[/quote]
i-add-alpha … that’s because we don’t have offices in Harlem yet. Soon.
Look guys, I want you to understand I think it’s great you run your quaint little businesses. You own your little buildings and have your very own coffee maker. However, the Edward Jones business model is the best model for any large scale brokerage firm in the world. PROVEN.
Don’t forget to clean your bathrooms tonight, Indy Boys.
EDJ #1
WeMe,
I wouldn't know about Harlem. When I look out my office window I see palm trees and golfers...year 'round. I have no idea who cleans our bathrooms nor do I ever want to know.
Funny I didn't notice any of your successful advisors in the Barron's Top 100 Financial Advisors for 2009. We placed 29 on the list.
Why don't you go next door and chat with your buddy from Radio Shack. You're becoming a terrible bore.Source URL:https://www.wealthmanagement.com/forums/whats-firms/edward-jones-1