New EDJ Commercials
Any of you Jones guys see the new TV spots? What do you think?
I think they are pretty slick. Not sure they are what I'd select from a message perspective but they are much more polished than the last campaign.Haven’t seen them, anyone know if they are posted online (somewhere where Big Brother will allow me to view them)?
Scratch that, found them. I definitely like them more than the last couple, but for some reason they felt a little weird. Kind of Eyes Wide Shut-esque. Now all we need to do is not "herd" a bunch of people into A-share American Funds and we can really do something.Haven’t seen them, anyone know if they are posted online (somewhere where Big Brother will allow me to view them)?
Not bad. I still like the original ones. They were funny.
I didn't like the last ones with just the shot of the office. Cool office, but it just wasn't catchy.
At least we're doing something besides putting our name on the dome where the worst football team in the NFL plays. Wonder what Freud would have to say about that?Like them enough ... the tonality seems similar to TDA albeit with a different message and no actor. It certainly distinguishes us from the wirehouse, and I like that they focus on three consistent points.
where can i see it at?
Those are the ones I was talking about. I think they’re almost Super Bowl quality. My favorite was the one with the guy talking to his doctor on the phone holding the butter knife in his hand getting ready to operate.
Spiff-
What is your return on the investment you make for those "Super Bowl" quality ads. Does it still cost the FA 1% of your gross or was the national advertising budget based on a percentage of your net. So...here I go again...you pay as an employee for the benefit of promoting the company. Maybe they changed that policy by now...but I would doubt it.I don't believe that I could quantify the ROI. How much is it worth to my business to have instant brand name recognition whenever I tell people that I'm with EDJ? How do you quantify that? How much SHOULD that cost? Can you say the same thing about your brand?
Yes, we pay as an employee for the company to be promoted. You know what they're doing when they promote the company? They're promoting my office. That's the way it works with advertising. I am the product they are advertising. It doesn't benefit the home office at all to advertise to promote themselves. ALL of those ads are designed to advertise for me. They're not going to run an ad that says that the home office is the best place in STL, Toronto, London, or Tempe to work. That doesn't drive any revenue. Advertising my services does.I always had a problem with paying as an employee to advertise the company that I worked for when I was at Jones. I thought they did away with that? Anytime a company can advertise to increase the value of the partnership and pass the cost on to the employess, of course it is beneficial to the partnership more than the employees… It just makes common sense.
Spiff, they did away with the 1% National Advertising charge early last year.
Spiff-
Cmon dude. Enough of the greater good crap. You expect us to believe that you benefit because of the advertising. Your brand recognition. Your company's yes, but not you. You don't matter to them, the FA matters in mass. They are not saying come on down to your shop to do biz. They are saying anybody on any street corner can do the same job. And does. The rub is they have you paying for it. Just a different perspective. One of a real business owner. You don't own jack (at least at Jones)...except a little bond in drag (paying tremendous interest)...and it doesn't ad up to a hill of beans. At least you can use their computer to spout off...that' saving you a few bucks.B-
Spiff should have been on top of that...they figured out they can't get away with charging employees for company expenses. I'll wager that some disgruntled FA took them to court so they changed. Didn't they do away with the policy where the FA paid for mistakes also? Think about it, in this crazy world where people sue for anything, how could Jones management hold employees liable for a mistake made where they are the OSJ?I think the brand makes a HUGE difference (esp. as a new producer) and any production position pays for it one way or another, we pay for everything. I’d be pissed if EDJ was taking 60% and not give me back branding.
This is a pretty silly argument.Where are the EDJ commercials?
joogle EDWARD JONES BRAND and follow the links to time matters
I like how it’s low key and not over the top, but i’d have to agree that the funny ones were 100 x’s better. Nothing sticks with a person more than a funny commercial. Now they just sound like AmeriTrades commercials.
[quote=voltmoie]I think the brand makes a HUGE difference (esp. as a new producer) and any production position pays for it one way or another, we pay for everything. I’d be pissed if EDJ was taking 60% and not give me back branding.
This is a pretty silly argument. [/quote] They are taking more than 60%, you are not aware of it. Bless you my child, go in peace.[quote=noggin][quote=voltmoie]I think the brand makes a HUGE difference (esp. as a new producer) and any production position pays for it one way or another, we pay for everything. I’d be pissed if EDJ was taking 60% and not give me back branding.
This is a pretty silly argument. [/quote] They are taking more than 60%, you are not aware of it. Bless you my child, go in peace.[/quote] How so? With the exception of insuranace and c shares I see everything I make. (at least I think so)Jones Financial Companies owns many insurance agencies where they take 1.25% off the top before it hits your grid. That's just one example.
Unless that's changed too...NOTThey have certainly improved since “IT ALL BEGINS WITH A DREAM.” That got really old.
Then there is that little thing that everyone else does too called...................
REVENUE SHARING. 4 years ago it was a third of net revenue for the partners. Has that changed Spiff?*yawn* we all knew about that ... where else do they fleece me?
Brand makes a huge difference - to the owners. Even Jones preaches that clients want to do business with the “local guy” and that they prefer to work with individuals. Why do you think they make you sign a non-solicit? Because they know the relationship is with the individual.
Unless you sell Edward Jones along with yourself (a big mistake IMHO - even starting out), people don’t care about “Edwards and Jones and Sons”.
I liked the funny commercials. Those more recent lame ones with the voiceovers were horrible.
Oh, and shoeshine is queer.
B24 - I vaguely remember hearing that they did away with national advertising. I guess that mean the ROI is infinite. ANY benefit I get at my branch level from advertising is big.
foot - you're a broken record. 60%, revenue sharing, haircuts, real business owner, blah blah blah. Get over it. I'm aware of those things, but choose to stay where I'm at. My choice. Back to the advertising. How can you say that the advertising is to help the FAs en masse, but not me specifically? I don't expect at the national level to hear my name on the Discovery Channel. But, I do get some benefit from it. Even if it is just brand awareness. The other option is to not do it at all. Let the partnership just retain the dollars they're spending on production and rotating those ads. Of course when that happens nobody gets any benefit except for the partnership and the GPs. So, when faced with the choice of retaining the dollars or creating ads to improve brand awareness, I'm glad they chose the ads. And I believe I do get some direct benefit from it. Every time someone walks into or calls my office looking for help, I can't help but think that one factor is brand awareness. The story is that we've got a good reputation. At least that's what every one of the people who end up in my office that way tell me. In a metro market like mine, a small one man office can't spend enough money on his own to create that kind of awareness. Here in STL names like Scottrade, EDJ, AGE, and Stifel are synomyous with investing. All of those companies spend a ton of money on advertising. The advertising helps the front line FAs which in turns helps the home office bottom line. I'm having a difficult time understanding why you think the national advertising is a bad thing.Spiff it’s not a bad thing. National advertising helps for sure.
Also, your ROI is zero from an FA standpoint, because you have no investment. From an LP standpoint, your ROI is infinite.
And let me take this opportunity to point out that shoeshine is gay.
Where is shoeshine? I need him to come back and rub my bunyons.
[quote=Ed McMahon] Where is shoeshine? I need him to come back and rub my bunyons.
[/quote]
Cheating on you. He’s blowing meletio.
Sorry to hijack your thread guys.
Jones reps-
Are you still finanically responsible if an error occurs or has that policy changed as well?[quote=BigCheese]
Jones reps-
Are you still finanically responsible if an error occurs or has that policy changed as well? [/quote] Cheese - Are you responsible for tapping heels with the guy next to you in the mens restroom or do you just have a wide stance?[quote=voltmoie][quote=BigCheese]
Jones reps-
Are you still finanically responsible if an error occurs or has that policy changed as well? [/quote] Cheese - Are you responsible for tapping heels with the guy next to you in the mens restroom or do you just have a wide stance? [/quote] Or do you just have a wide mouth.U guys are getting testy.
Did they lower your pay grid or are you already at the bottom...[quote=BigCheese]U guys are getting testy.
Did they lower your pay grid or are you already at the bottom...[/quote] Testy? It was just a question .... I guess your stance is not really that wide?Oh wait…
You guys are now being compensated on the Spiff compensation plan... The more you post...the more bacon you put on the table. I hit my daily goal before I start my communication with wannabes.Volt-
Been married to the same woman for 23 years. No time for guys except Monday night football. We don't even do crossies at the John...that's a Jones good ol boy tradition isn't it? Haven't used a stance since college (as in baseball) 30 years ago.[quote=BigCheese]Oh wait…
You guys are now being compensated on the Spiff compensation plan... The more you post...the more bacon you put on the table. I hit my daily goal before I start my communication with wannabes. [/quote] Yep, not wide at all..... BigHEELTAPPINGcheese. How many taps do you make before you consider it a solid prospect?Probably would pull a groin muscle if I tapped at all…
You young Jones guys will have to do all the fancy footwork... Thanks for wasting 2 minutes for me, I needed a little levity before my next appt.So I guess the answer to my question is Jones still holds employees financially responsible even though they oversee everything they do…
Who is tapping who now Voltmeister?[quote=BigCheese]So I guess the answer to my question is Jones still holds employees financially responsible even though they oversee everything they do…
Who is tapping who now Voltmeister?[/quote] I'm tapping your wife.RD-
The GP's are tapping your sorry arse...every day you stay. Just take one for the gipper![quote=BigCheese]
Jones reps-
Are you still finanically responsible if an error occurs or has that policy changed as well? [/quote] Yes we are still responsible for errors we make. What gave you the impression that the policy changed?[quote=BigCheese]RD-
The GP's are tapping your sorry arse...every day you stay. Just take one for the gipper! [/quote] All that talk about your next appt. and here you are posting ... On your way home tonight don't linger too long at the local rest area.If you are an employee, unless it's fraud, I would think that the firm is on very thin ice in terms of making you pay for mistakes. Remember they are your OSJ, they are responsible.
If overtime lawsuits are the norm, my guess it won't be long before someone takes Jones on regarding this policy. I believe that at Smith Barney they aren't responsible anymore. I guess I just assumed that if other firms are changing their policy that the greatest firm on the planet would be a trail blazer instead following the herd.Gentlemen - and I use that term loosely - how about we all start acting like adults? Spirited debate is one thing, but this latest use of gay humor is getting really old. Let’s just go back to calling him a moron and leaving his sexuality out of it.
RD-
West coast time dude. Plenty of time before I need rest. How much did you gross today? I know 7 posts today and your man will go down on you, that's your definition of a great day...Spiff-
Once in a while I actually agree with you. Enough already...Big Cheese - I didn’t say anything about you going home. That was Volt. I’ve got over $30,000 grossed this month so far. So SHUT YOUR MOUTH WHEN YOU’RE TALKING TO ME!~
[quote=BigCheese]
If you are an employee, unless it's fraud, I would think that the firm is on very thin ice in terms of making you pay for mistakes. Remember they are your OSJ, they are responsible.
If overtime lawsuits are the norm, my guess it won't be long before someone takes Jones on regarding this policy. I believe that at Smith Barney they aren't responsible anymore. I guess I just assumed that if other firms are changing their policy that the greatest firm on the planet would be a trail blazer instead following the herd.[/quote] I haven't heard of other firms changing those policies. Perhaps because mine hasn't and I just don't care that much about what happens at other firms. I don't know that I agree that they should. I think there's a difference between a bond trader making a mistake on a block of bonds he's putting into inventory and me buying instead of selling and missing a higher price on a stock trade. On one hand you're dealing with client money, on the other you're dealing with the firm's assets. It might be a grey line, but IMHO there's still a line.You just had to start it didn't you? You might as well email me an updated copy of your performance chart so we can get the argument over quickly.Big Cheese - I didn’t say anything about you going home. That was Volt. I’ve got over $30,000 grossed this month so far. So SHUT YOUR MOUTH WHEN YOU’RE TALKING TO ME!~
I agree. The forum is running rampant with gay jokes today. I think there is a need for new material around here.Gentlemen - and I use that term loosely - how about we all start acting like adults? Spirited debate is one thing, but this latest use of gay humor is getting really old. Let’s just go back to calling him a moron and leaving his sexuality out of it.
[quote=BigCheese]
RD-
West coast time dude. Plenty of time before I need rest. How much did you gross today? I know 7 posts today and your man will go down on you, that's your definition of a great day... [/quote] Spiff - THAT started it......and i'll be happy to email you.Sorry, my bad. Just bring a screenshot to lunch next week.
I’ll email it to you. It just won’t let me do it from the Office. I gotta get back to painting…
Spiff-
If you were your own manager perhaps you would have a point. In the eyes of the regulators it comes down to oversight. Theoretically, they are supposed to oversee everything you do and approve it before it settles. So during the settlement process if there is a loss, you pay and as an employee you shouldn't be responsible for mistakes, at least in my state. Maybe Missouri is different. RD- 30K is good and this month you have me but its early. Clearly you are spending some time prospecting. Spiff must be miffed. Are you Seg 3?It’s quite easy to email your performance summary. Go to the right hand corner, click view & print. It will pull up a pdf. Save the pdf under “my documents.” Open a new messages, attach the document. Send. Works like a charm.
[quote=BigCheese]Spiff-
If you were your own manager perhaps you would have a point. In the eyes of the regulators it comes down to oversight. Theoretically, they are supposed to oversee everything you do and approve it before it settles. So during the settlement process if there is a loss, you pay and as an employee you shouldn't be responsible for mistakes, at least in my state. Maybe Missouri is different. RD- 30K is good and this month you have me but its early. Clearly you are spending some time prospecting. Spiff must be miffed. Are you Seg 3?[/quote] They approve/disapprove based on suitability. They don't have the ability to know whether it's correct or not. The only time I have an error is if I sell or buy something that shouldn't have been bought or sold. For instance if I erroneously buy an extra 100 shares of XOM. My FSD doesn't have any way of knowing if I was supposed to buy 100 or 200 shares. Once I figure out I was supposed to only buy 100, then there could be a loss when Jones has to correct the trade. I'm responsible if there is a loss. If the loss is huge, sometimes Jones will work with you on the loss. I've never had a big loss, but I've heard they can be somewhat generous. Why would I be miffed if Wind is having a great month? As an owner of the company, shouldn't I be thrilled that one of my employees is doing a great job? Isn't that what a partnership is about?Sorry guys, gay jokes never get old… ever.
[quote=BigCheese]
RD- I'll take you on face value that your having your best month ever. [/quote] Best month so far...Yes. Only good month, NO. I'm not Seg 3, but thats only because of the waiting period. According to my screen my average is like $14,000. It will be around $20,000 rolling 4 month average after this month and next month.As an employee you can’t be held responsible for a loss in California. Now most of you would say we are so left that it doesn’t suprise you, but the rest of the country had no problem embracing overtime and that was clearly about whether or not as an employee you would be entitled to overtime. The same applies to losses.Either you are an employee or you aren’t.
Anyone from any of the wirehouses care to add to this... BTW...Did I miss something. Is RD Wind in disguise (notice I didn't say in drag)Your just pissed cause you tried to throw your production at a newbie, and he kicked your ass…Then another newbie banged your wife. Volt, tell em about that one time…
UPDATE - thanks to MsBroker for the directions on how to email performance charts. To keep this post from getting any farther out of hand Wind just emailed me his chart. Just to be completely honest, he’s not at $30K this month. He’s at $27,371. If he’s eligible, that puts him over the Seg 3 target. Some other stats you might find interesting. Avg AUC per household is $143K. That puts him in the top decile in his segment. Probably puts him in either the first or second decile of all the segments. Just a guess. He’s currently 201% of standard. However he needs to open more accounts. He’s not going to win the golden shovel at this pace.
I have $8,000 in UIT’s posting Oct 16th and Oct 22. Add that to your total…
As far as the accounts. I don't open alot of accounts on purpose. Every account I open is more than $100,000. f*** the golden shovel. I'd rather have 100-200 Accounts with $100,000 average.RD-
The only thing that pisses me off is when newbies like you think you have the biz in hand after one good month. One good month has never made a career. I found 2M today that I didn't know about and grossed 5K. That my fine feathered friend is a decent day in the biz. And yes you have me for the month...for now. Friday, I have two appts that should keep us within spittin distance (investing 2.3M). I get more excited (here is a sales idea for the rookies like you) when I uncover money than when I invest it. My goal has always been to find 1M of new money every day. Some days I do, and some I don't. I just had a grand opening of my new office and had over 120 people show...that was my best day ever in the biz. Almost 50 people came that were prospects that I have been dripping on for almost 2 years. Finding money is the easiest thing to do if you ask the right questions, and getting it over is the toughest. It's time in the business, and I am in my 17th year. That's the testament of success in our industry. RD- My wife is way too hot to take on rookies with sh*t for brains. Anyone who even in jest starts attacking another man's wife, even on these forums, tells me Jones has a long, long way to go before they start hiring on character. On to my next appt. Bye for now...[quote=Spaceman Spiff]UPDATE - thanks to MsBroker for the directions on how to email performance charts. To keep this post from getting any farther out of hand Wind just emailed me his chart. Just to be completely honest, he’s not at $30K this month. He’s at $27,371. If he’s eligible, that puts him over the Seg 3 target. Some other stats you might find interesting. Avg AUC per household is $143K. That puts him in the top decile in his segment. Probably puts him in either the first or second decile of all the segments. Just a guess. He’s currently 201% of standard. However he needs to open more accounts. He’s not going to win the golden shovel at this pace.
[/quote]I'm 250% of standard so does that mean your support everything I say? Oh, and I was the #1 producer in my PDP grouping of 5 classes. Oh, and some idiot turned me down for a 25k bond order today and it pissed me off to no end.
(wind's standards are probably higher than mine its worth noting, used to be 500% before I moved up segments)
Spiff-
That will mean something when he is in his fifth year not his first. 201% of a small number is still really small...
You should know better. I won the shovel and threw it away. Accounts don't mean squat. Finding money is a different matter. I would rather have a rep identify a ton of money than open 100 roth IRA accts. Please don't insult the veterans on this forum.
[quote=BigCheese]RD-
I found 2M today that I didn't know about and grossed 5K. That my fine feathered friend is a decent day in the biz. And yes you have me for the month...for now. Friday, I have two appts that should keep us within spittin distance (investing 2.3M). [/quote] Good for you. You act as though this is a one time thing. That still doesn't beat my APPOINTMENTS next week. Working an estate of a client who died. Not only keeping the money ($500,000), but bringing in another $80,000 from one kid, $150,000 from another kid, and 1.6 M with another kid. Another $1.4M transfer from another prospect, oh and let's not forget the $300,000 in money dues (With appts set, to invest) . Oh and the Insurance policy that IS coming through, since she passed all her exams. After switching up the policy, that is another $8,000. We don't want to get into the rest, because you'll cry. I don't know alot of things about this business. I am still learning how things work, because i am new. You may know alot more than me about certain things in this biz, but one thing that you can't touch me on is bringing in new money. i'll whoop your ass at finding money and keeping it. Chump.[quote=voltmoie] [quote=Spaceman Spiff]UPDATE - thanks to MsBroker for the directions on how to email performance charts. To keep this post from getting any farther out of hand Wind just emailed me his chart. Just to be completely honest, he’s not at $30K this month. He’s at $27,371. If he’s eligible, that puts him over the Seg 3 target. Some other stats you might find interesting. Avg AUC per household is $143K. That puts him in the top decile in his segment. Probably puts him in either the first or second decile of all the segments. Just a guess. He’s currently 201% of standard. However he needs to open more accounts. He’s not going to win the golden shovel at this pace.
[/quote]I'm 250% of standard so does that mean your support everything I say? Oh, and I was the #1 producer in my PDP grouping of 5 classes. Oh, and some idiot turned me down for a 25k bond order today and it pissed me off to no end.
(wind's standards are probably higher than mine its worth noting, used to be 500% before I moved up segments)
[/quote] Sure. I don't have a problem with supporting you. We don't have to agree on everything in order for me to give you my support if you were to start being attacked in the forums. I wouldn't even make you send me a copy of your chart.
[quote=BigCheese]
Spiff-
That will mean something when he is in his fifth year not his first. 201% of a small number is still really small...
You should know better. I won the shovel and threw it away. Accounts don't mean squat. Finding money is a different matter. I would rather have a rep identify a ton of money than open 100 roth IRA accts. Please don't insult the veterans on this forum.
[/quote] Exactly how am I insulting the veterans on this forum by commenting that Wind won't win the shovel? My take on the shovel is if you can win it, great. If not, no big deal. I agree that bringing in assets is much more important than opening Roth IRA accounts with $100 DCA. I've made the shovel comment to Wind before, so I know what he thinks about it. I guess I should have used an emoticon to signify that I was poking a little fun at him.[quote=mlgone] your stupid shovel makes me happy I’m Indy.
who gives a crap…[/quote]
You do, cause your production sucks.
Shoval? wtf
ed jones is like Sceincetology, waco or the moonies
[quote=Shania Twain] Shoval? wtf
ed jones is like Sceincetology, waco or the moonies
[/quote]
Are you speaking in tongue, dipsh*t.
tounge, windy?
[quote=mlgone] yeah
ur right
I want to win the "Golden Shovel"
U sound like a tool Jones boy.
Go door knock u arshole
golden shovel lmao how gay that is[/quote]
About as gay as your typing. You’re a child. If not, you’re dumb.
Speaking of gay…Ms. Broker. Will you cheat on Volt with me.
Did someone say gold? Don’t forget jonesies, you can sell those at cashforgold.com!
[quote=MsBroker]tounge, windy?[/quote]
He’s painting, selling stocks, talking about fishing, and landing 45mm clients. Cut him some slack.
No no no, you’re talking about the window that your mother dances in. Last time I checked, she needed some tips bad.
[quote=voltmoie]
[quote=MsBroker]tounge, windy?[/quote]He’s painting, selling stocks, talking about fishing, and landing 45mm clients. Cut him some slack.[/quote]
You bet your ass…
You absolutely make no sense, whatsoever.
Wow, the insults are evolving! This is much more entertaining!
[quote=mlgone] lmao. Class shop brother. Can’t find one in NYC where I roll from…
From your website arshole. Great 2 month home study program!
Immediate Training
Once we invite people to join Edward Jones, we train them to deliver an exceptional level of personal attention, and to maintain that involvement so they’re doing what’s right for our clients. We start by offering a two-month, home-study course designed to help them pass the General Securities Registered Representative Examination (Series 7) and a uniform Combined State Law Examination (Series 66), both of which are required in the securities industry. But our training doesn’t end there.[/quote]
I actually agree with Windy. That post makes no sense.
[quote=MsBroker] [quote=mlgone] lmao. Class shop brother. Can’t find one in NYC where I roll from…
From your website arshole. Great 2 month home study program!
Immediate Training
Once we invite people to join Edward Jones, we train them to deliver an exceptional level of personal attention, and to maintain that involvement so they’re doing what’s right for our clients. We start by offering a two-month, home-study course designed to help them pass the General Securities Registered Representative Examination (Series 7) and a uniform Combined State Law Examination (Series 66), both of which are required in the securities industry. But our training doesn’t end there.[/quote]
I actually agree with Windy. That post makes no sense.[/quote]
It does, it’s making fun of the EDJ training program. He’s trashing Jones. I could careless … I was just happy to work 30hrs in my boxers and clock 90hrs while watching plenty of girls gone wild in the middle. Study from home rocks. It’s fun being a mail order broker.
About what? How bad your production sucks?
Ms. Broker will you cheat on Volt with me.
[quote=Ronnie Dobbs] About what? How bad your production sucks?
Volt will you cheat on Ms. Broker with me?[/quote]
I think thats what you meant to ask.
Nope. I meant you cheat on Volt with me…
Stop following me around, Dahmer.
I think mlgone has had a few too many tonight. The posts keep getting less and less cohesive.
Seriously…Go away
I just want to be the 100th poster in this thread…
el oh el
fuk - 101st post ...Good, then don’t.
The new spots are perhaps the best TV commercials ever produced anywhere. There is not an indy anywhere that would not sell their mother to have the advertising power of Edward Jones.
1st in SERVICE
1st in STOCK PICKING
1st in Best Places to work
and now 1st in Advertising
EDJ# 1
Source URL:https://www.wealthmanagement.com/forums/whats-firms/new-edj-commercials