Jones #1 again?

"In business for yourself but not by yourself".

Gosh, I haven't heard that for a long time.  During my tenure at Jones, the only times I found myself in business for myself were the days when the bills came in.

I am sure they are rigging the surveys somehow…There is no way all these posters on here are wrong and the general public, 6 million clients and Player are wrong…  well, maybe Player…

[quote=Guest1]I am sure they are rigging the surveys somehow...There is no way all these posters on here are wrong and the general public, 6 million clients and Player are wrong.. well, maybe Player..[/quote]

Guest 1,

You little p*ssy.......have you raised your 100K, because if I am wrong you will win a 100K, however I know for a FACT I am right, the Player never has made a bad bet.......So put-up the money or shut-up...........p*ssy..................

Issues much…

And the kool-aid drinkers loved Jim Jones too...what's your point?

Like everything else positive about Jones it must be because the administrators of the survey or its’ participants are morons. Or maybe it’s an excellent firm and there are some negative emotions at work on this site. It is nice to see that this and the JD Power survey were done in January/February, when the firm was supposedly falling apart. Apparently the dozen or so negative posters here represent a relatively small portion of the US population.

'ol Bill has averaged 1.6 mill per month in assets since January. The bad press has clearly been devastating to my business too. I don't know where to turn.....

I love Jones , but LP has to come soon.  Ownership is what many IR's are striving for.  Volunteerism has its limits.  Ownership is the key or Jones can forget growing.

success

[quote=Bill Fakkland]

'ol Bill has averaged 1.6 mill per month in assets since January. The bad press has clearly been devastating to my business too. I don't know where to turn.....

[/quote]

Blah, Blah, Blah, Bill F-up I brought in 2 mil this week, so what ? What was you net commission @ 38% = ?  vs Indy.......

so I am taking off Friday   What about retention of IR's ?  Most IR's with half a brain and production above 250K per year are on the move, looking for a home, by the way Bill-F-up have you raised your 100K FEE for being a liar........You have made statments know back them up..............oh, you can't

[quote=vega74]Like everything else positive about Jones it must be because the administrators of the survey or its' participants are morons. Or maybe it's an excellent firm and there are some negative emotions at work on this site. It is nice to see that this and the JD Power survey were done in January/February, when the firm was supposedly falling apart. Apparently the dozen or so negative posters here represent a relatively small portion of the US population.[/quote]

vega74 better know as Dip Sh48......Too much Kool Aid

Did JD Power ask the customers how would they feel if they found out their IR had not fully disclosed commissions and or revenue sharing, an the GP's were getting FAT, from IR's pushing certain products...............and the rating would go ?  

Get in the real world, when your clients find out what you  IR's and your clones (GP's) and Drones (LP's) have actually covered-up what has happen and not leveled with them...............the crap hits the fan !   I have not failed in transferring accounts from Edward Jones just by asking the question:   "Has you IR fully explained the 75 MIL in fines levied on their firm by the SEC, and their Managing General Partner Douglas 3 MIL Hill was personally fined 3 Mil or face Fraud charges and possibly going to jail?  

Gee,  I wonder what this client rates Edward Jones and their IR?     The amazing thing is they have never read or heard about this before now?  Say it ain't so.........joe......... Thanks you for your dishonesty with your clients..........3 Mil Hill

Remember according the Doug 3 "MIL" Hill your clients don't read the WSJ, so any Broker out there that isn't asking your clients that question is an idiot, but not as big an idiot as you are to accept that treatment from your firm to your client....how far the great has fallen...................

Yes, some people can rationalize anything.....others deal in honesty, and facts.....................

player- The survey was in SmartMoney that the topic was started about not JD Power. If you could read rather than putting emoticons on everything you type perhaps you could figure it out. Explain this to me, how is Jones able to rig all of these surveys so that they come out on top? I'll give my 100K if you will just give an answer and stop blaming Mr Hill for everything on the planet.....

Like everything else positive about Jones it must be because the administrators of the survey or its' participants are morons. Or maybe it's an excellent firm and there are some negative emotions at work on this site.

Actually, it is more like asking the inmates to grade the asylumn.

Ms Looney,



If the “inmates” were grading the asylumn, wouldn’t they give it low marks? And who are the inmates? Smart Money magazine? They did the ranking. They used Dalbar for statements, Forrester Research for the trust ranking, JD Power for customer satisfaction and Zacks Wall Street Journal for the 4 year stock ranking. All were the highest of any firm.



Edward Jones must have SOME influence if they can influence all these organizations to sway the numbers/ rankings in their favor.



Your posts usually make more sense, maybe you need to rethink this one?



Big Pay Day



____________________________________________________

Yes, the grass is still greener where you water it!!

Big Pay Day

Please explain why Jones has never sent out a letter explaining to your clients about the fines, and their opinion ?

Wining awards for not telling your clients the whole truth, is that really the Jones way?........You must be so proud?

[quote=noggin]

player- The survey was in Smart Money that the topic was started about not JD Power. If you could read rather than putting emoticons on everything you type perhaps you could figure it out. Explain this to me, how is Jones able to rig all of these surveys so that they come out on top? I'll give my 100K if you will just give an answer and stop blaming Mr Hill for everything on the planet.....

[/quote]

noggin,

Doug 3 Mil Hill, is to blame it was on his watch the FRAUD took place.

As for your 100K, send me the 100K ,  and I will never post on here again...........but then again just like you Jones Drones or clones...you never do as you promise to do.

As for the awards, what questions are asked, like do you get your statement on time, is your office located close to you like the local 7 Eleven, is it opened good hours.........yes you must me proud to win those awards

Do any of them ask the real world questions like:

1) Do you believe your IR is always honest with you in all of their dealings with you ?

2) Do you believe that Edward Jones always puts you the customer 1st. and what about your IR, do they always put you 1st.?

3) Do you trust your Firm or IR to alert you if things change or new things come out about your investments ?

4) Are you aware that your IR wins trips for diversifying your portfolio?     Should they receive extra incentive like trips to diversify your investments, or is it their job?   

5) How would you feel if your Firm was fined 75 Million by the SEC, for revenue sharing that lined their GP's pockets, and their Managing General Partner was forced to resign and personally pay 3 Million or go to jail for FRAUD, and they never disclosed this to you ?  Would you continue to do business with them ? 

6) Do you think an honest  Firm would not disclose this to you their loyal client or should they be open and honest with full disclosure?

7) How would you feel about your Firm if they said you don't read the WSJ, or Financial Magazines, so you will not find out about their SEC fines, so they disclose it around Christmas for the sole purpose of having less people read it in the local papers, because of the holidays?

8) Would you like to know this Firm is Edward Jones, how would you rate them?

That's a survey There is not one thing that isn't TRUE, that I asked about.    So, Noggin...............I want my 100k

Don't be like your GP's and LP's not able to handle the TRUTH, and when you get called on it, ignore it......... It will not go away...................  I will email you wire instructions to my bank account, you do have the 100K don't you....................

Joe, I think it's some stupid spammer or hacker...how the heck else are you listed as a senior member with only 22 posts?!!  It's just someone else screwing up a good thing here...

[quote=Indyone]

Joe, I think it’s some stupid spammer or
hacker…how the heck else are you listed as a senior member with only
22 posts?!!  It’s just someone else screwing up a good thing
here…

player, why are you wasting so much energy on your jones-bashing? are you a former jones employee? it sure seems kind of strange that you would spend so much effort bashing jones. and, everyone knows that the whole revenue sharing deal was completely legal, and was just a “stick up” by some grandstanding attorney generals. i always discuss fees and commissions to my clients who find it very refreshing. the only people i have ever met who don’t like jones are losers who couldn’t make it. hawg

[quote=hawg]player, why are you wasting so much energy on your jones-bashing? are you a former jones employee? it sure seems kind of strange that you would spend so much effort bashing jones. and, everyone knows that the whole revenue sharing deal was completely legal, and was just a "stick up" by some grandstanding attorney generals. i always discuss fees and commissions to my clients who find it very refreshing. the only people i have ever met who don't like jones are losers who couldn't make it. hawg[/quote]

Hawg, is lying to the SEC legal when they ask for information???

Also, why is Jones the only financial services firm where the head of the firm has to step down in the settlement???

I eagerly await your response...

BlahBlahBlah,

Well said.......................................

[quote=hawg]player, why are you wasting so much energy on your jones-bashing? are you a former jones employee? it sure seems kind of strange that you would spend so much effort bashing jones. and, everyone knows that the whole revenue sharing deal was completely legal, and was just a "stick up" by some grandstanding attorney generals. i always discuss fees and commissions to my clients who find it very refreshing. the only people i have ever met who don't like jones are losers who couldn't make it. hawg[/quote]

hawg,

Securities regulation comprehension has never been a required trait at your firm.  The $75 Million payment your firm made to the SEC was for failure to disclose the "legal" revenue sharing program that your firm had your "preferred vendors".

So if everything was so legal, why does you firm as part of the settlement must allow ALL of your clients to "free exchange" out of the preferred vendors to funds of their choice??? ..... hmmmmmm.

Even "grandstanding" Attorney Generals  must have evidence to present to courts in order to "encourage" financial settlements not to mention to get the managing general partner to resign.

So hawg when you deal with your customers how do you explain the "revenue sharing" program with the preferred vendors? Yeah we get extra money from these companies to encourage usage of their under-performing funds and then we get to go on junkets which are partially payed with these shared revenues?  Now how does that relate to "always doing what's right for the customer" mantra that your firm uses?????

[quote=hawg]player, why are you wasting so much energy on your jones-bashing? are you a former jones employee? it sure seems kind of strange that you would spend so much effort bashing jones. and, everyone knows that the whole revenue sharing deal was completely legal, and was just a "stick up" by some grandstanding attorney generals. i always discuss fees and commissions to my clients who find it very refreshing. the only people i have ever met who don't like jones are losers who couldn't make it. hawg[/quote]

hawg,

Could you please share with us how you disclosed revenue sharing fees with clients before you knew what they were. 

Like most of the "believers" at Jones you need to start thinking before you confidently repeat the company line.

I love the losers who couldn't make it line.  No matter what, you guys always have the answer. 

Please "refresh" yourself with another cool glass of Jones Kool-Aid.

Here's a little taste of why those of us who are no longer at Jones have so much animosity.  Here is part of a "wire"(sort of like an email) that went out to a region recently(today),

"We've all heard it time and again - things are DIFFERENT here at Jones.  If you haven't been elsewhere, that's often hard to understand.  But it is CRITICAL that you BELIEVE it. (After all, where outside of used car lots and fishing boats, could you ever hope to assemble that many "liars?") This firm is AWASH in good people...."

Just a sample of the arrogance at Jones.  This is how it was typed in the wire caps and all.

This should put into some context the recent fine and resignation(s) for non disclosure of innapropriate kickbacks.

Bob, I missed that wire. You would not be S T R E T C H I N G  it a bit for attention now would ya?

as long as i’ve been in the businees, my competitors have been continually getting fined and getting bad press. i may have transferred a few accounts because of it. although i doubt it. it’s our turn now; we got held up by the slimeball litigators looking for political gain. i’ve always know what revenue sharing is, i read the prospectuses. my grocery store revenue shares everyday, paying to put the frosted mini wheats at eye level, and lots of other businesses do also. i don’t see the disclosures there. the reason we are hated so much on this forum is because we are either transferring to many accounts from you non-jones brokers, or you’re disgruntled ex jones people that couldn’t make it. we are not the only ethical brokers out there, i’m sure there are lots of reps at other firms who have good intentions, i just think my firm puts more of an emphasis on it than most. doug hill fell on a grenade for us. that’s all.

hawg, how do you come to the conclusion that your firm puts more emphasis on truth, honor and the American way?  It’s specifically that brand of arrogance that offends many.  Stated simply, it’s not true.

[quote=Guest1]Bob, I missed that wire. You would not be S T R E T C H I N G  it a bit for attention now would ya?[/quote]

It was a regional thing. West coast. And no that was a real quote.

[quote=hawg]as long as i've been in the businees, my competitors have been continually getting fined and getting bad press. i may have transferred a few accounts because of it. although i doubt it. it's our turn now; we got held up by the slimeball litigators looking for political gain. i've always know what revenue sharing is, i read the prospectuses. my grocery store revenue shares everyday, paying to put the frosted mini wheats at eye level, and lots of other businesses do also. i don't see the disclosures there. the reason we are hated so much on this forum is because we are either transferring to many accounts from you non-jones brokers, or you're disgruntled ex jones people that couldn't make it. we are not the only ethical brokers out there, i'm sure there are lots of reps at other firms who have good intentions, i just think my firm puts more of an emphasis on it than most. doug hill fell on a grenade for us. that's all.[/quote]

hawg,

unlike me you seem like a reasonable guy.  but this whole falling on the sword/grenade thing just makes you jones guys look more like cult members following the spiritual leader.  the guy lied. paid the price. end of story.

I think Hawg’s head fell on a grenade

[quote=hawg]player, why are you wasting so much energy on your jones-bashing? are you a former jones employee? it sure seems kind of strange that you would spend so much effort bashing jones. and, everyone knows that the whole revenue sharing deal was completely legal, and was just a "stick up" by some grandstanding attorney generals. i always discuss fees and commissions to my clients who find it very refreshing. the only people i have ever met who don't like jones are losers who couldn't make it. hawg[/quote]

hawg  breath........

I have tried to get losers like you to take my bet....notice what you wrote above.....I will bet you 100K I finished in the top 10% at Edward Jones my last full year there..........want to play with the PLAYER..................contrary to what you say I say there are a lot of WINNERS that have left..............place your bet loser , why is it so wrong to leave Jones for a better life?

Lets see some Edward Jones pride back-up your big mouth ...

[quote=Indyone] I think Hawg’s head fell on a grenade[/quote] now that was funny! my wife would agree with you most of the time! hawg breath

player, if you say you were a top producer at jones, i guess i believe you. but, all these freaky cult like jones haters weren’t. but if you were and are such a huge producer why once again continually bash them. the best revenge is to live a good life. yours truly, hawg breath

[quote=Starka] hawg, how do you come to the conclusion that your firm puts more emphasis on truth, honor and the American way? It’s specifically that brand of arrogance that offends many. Stated simply, it’s not true.[/quote] starka, i guess i have come to that conclusion by experience. most of the underhanded crap i have had to bale poor client’s portfolios out of has come from, merrill, morgan, my local bank, and advisers who use religon as a way to lure clients. my firm does always tell us to put the client first. i believe AGE does also. my arrogance goes further. i believe if you sell B share funds, equity indexed annuities, viatical settlements, church bonds, that one is either unethical, or incompetent. i’m opionated.

[quote=hawg] [quote=Starka] hawg, how do you come to the conclusion that your firm puts more emphasis on truth, honor and the American way? It's specifically that brand of arrogance that offends many. Stated simply, it's not true.[/quote] starka, i guess i have come to that conclusion by experience. most of the underhanded crap i have had to bale poor client's portfolios out of has come from, merrill, morgan, my local bank, and advisers who use religon as a way to lure clients. my firm does always tell us to put the client first. i believe AGE does also. my arrogance goes further. i believe if you sell B share funds, equity indexed annuities, viatical settlements, church bonds, that one is either unethical, or incompetent. i'm opionated.[/quote]

Add to that uneducated, ignorant, and delusional...  Oh yeah, sloppy too, open a dictionary if you can't spell "opinionated"... I'm sure your clients just love that attention to detail...

blahblahblah, thank you for the correction. ignorant, and delusional sometimes, uneducated, hardly. although spelling has not always been my strongest suit.

Hawg wrote "uneducated, hardly."

What type of quality education says that spelling doesn't count?

[quote=noggin]

player- The survey was in SmartMoney that the topic was started about not JD Power. If you could read rather than putting emoticons on everything you type perhaps you could figure it out. Explain this to me, how is Jones able to rig all of these surveys so that they come out on top? I'll give my 100K if you will just give an answer and stop blaming Mr Hill for everything on the planet.....

[/quote]

Jones wins because they ask current employees and Jones' employee are far more enthusiastic about their firm than other brokers.  I'm guessing that like myself, most brokers view their BD as a tool and not the master brainwashing them into a frenzy. 

That's my theory because I can tell you from experience that Jones sucks and lies to their brokers...they just don't know it...YET!

[quote=hawg]player, if you say you were a top producer at jones, i guess i believe you. but, all these freaky cult like jones haters weren't. but if you were and are such a huge producer why once again continually bash them. the best revenge is to live a good life. yours truly, hawg breath[/quote]

hawgbreath,

It is not the IR's  and BOA's that have to cover-up for the GP'sfraud, it's the FACTthey are still in denial, what is up with that?

Doesn't the TRUTH set you FREE......

When Edward Jones Drones  and Clones come on here stating how great their Firm is, how they won the JD Power Award again, it makes me sick....their arrogance and denial !

I have yet to hear one Jones IR come on here and state what the Firm did was wrong and they should appoligize to their clients?  They just keep coming on here drinking their Kool Aid spouting how much better they are then everybody, what say you?

Based on how everbody on here has blasted you, it looks like they mostly agree with the PLAYER

By the way everytime I run into a Jones client, if I want them I take them........I have made far more since leaving...once Jones levels with their clients, and starts being the Firm they where 10 years ago, I will stop posting on here, and that is a promise.