Also tell them you are going to take all of your clients, your BOA and anything that isn't nailed down in your office.

I believe (though I could be wrong) that you can send it to your Regional Leader.

Regional Leader

don't tell them and see how long it takes them to figure out you are not there...

GoodTimes...we sent ours in to Segment/Area Leader & HR. (our RL was a tool and would have read us the riot act for leaving)

Make sure you take the toilet paper with you when you leave! You paid for it!

frumhere:

don't tell them and see how long it takes them to figure out you are not there...

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I like that idea also…other than soothing an ethical conscience, what’s the downside?

From my research it seems you need to talk to someone that is Series 8 so your new firm can get you re-registered? I too am curious about the details of this. Who exactly is licensed properly to allow re-registration to the new firm?

CIB

[quote=Indyone]I like that idea also…other than soothing an ethical conscience, what’s the downside?[/quote]

You wouldn’t be able to transfer your license to the new firm without first properly submitting a resignation to EJ.  Other than that minor practical issue it sounds like a fun way to go!

 Right you are, Joe…I was enjoying the humor too much and missed that practical application…

Don't forget to take 1/2 your stamps...or heck take'em all.  Also those yellow EDJ highlighters.   Those babies last for ever.  Years later, mine are still working.

A series 8 at the home office has to be notified along with a fax to your RL.  Your wire house will take care of telling you what to do.

Delete all your money dues and notes.  Best of luck!

Paper clips, staplers, binders (just empty out the EDJ material), hanging files, sheet protectors, file folders, literature racks that I paid for.   I also took the refrigerator, coffee pot, fax machine(mine), overhead projector, chair mats, keyboard tray, plants, rugs and window blinds.  And anything else that you bought that doesn’t have EDJ on it.  It really helped in setting up my new office

The only thing I left was the stuff that came with the office and anything that was Jones material.  Why give the new guy a leg up? Let him spend his own money.   After all, he was going to start churning the clients that didn't move with me as soon as he could.

Seriously, what about the account folders.  Can you take those or did you make copies.

If you take originals, count on the Field Supervision SWAT team repelling down the side of your building, smashing into your office window with full riot gear and tear gas.

Looney - we cleaned the place out too...had the Jones rep who was sent to let in the TR tell us...."boy you guys know how to clean an office out - it looked like the place was robbed!"

Left about 1/4 roll of toilet paper..and considered taking THAT too!

[quote=maybeeeeeeee]Seriously, what about the account folders.  Can you take those or did you make copies.[/quote]

You weren't supposed to have  client account folders at Jones.  They had electronic copies of the new account input form, which the client never signed. This just had the basic name, ssn, birth date, addresses and objectives.  I was surprised that there was nothing for the clients to sign. 

Supposedly everything was centralized at the main office.  I did have a very few client folders, sort of, that consisted of notes, copies of other companies statements and some portfolio illustrations.  (I can't remember what the name of that program was).   

You can't take anything that has client information or is proprietary Jones material.  What I meant was take the folders, dump the contents into a big box and let the next guy sort it out and have a nice time trying to read my handwriting

So what does EJ give you reps to set up your very own personal EJ office?

Sounds like you paid for every thing any way!  

Two desks, 4 lobby chairs 2 lobby chairs for the IRs office, desk chairs (one for me one for the BOA), phone equipment, computers, satellite system (woo hoo), a television for satellite shows from St Louis, laser printer (toner is charged against the P&L  very expensive), crappy answering machine, even crappier copy machine and some art work to go on the walls. I actually kind of liked the art work.  Everything else down to the paperclips, paper and pencils you have to buy for yourself.

Of course all of this including the remodeling cost and the ghastly grey and green paint scheme is all charged to the P&L so you start out with a large negative amount.  In my case it was about 27K.  You need to make up that deficit before you can even dream of being in a profitable position.  The deficit is from YOUR net not gross production.  They don't actually take the money from your paycheck but you can't be profitable until the amount has been written off.

The P&L system at Jones was the biggest joke I had ever seen and slanted to put the IR at a disadvantage.  Before the Jones guys jump on that one, I am very familiar with how a P&L and bookkeeping systems should work.  I was a commercial lending officer first way back when I was transitioned into a bank platform advisor.

Good Times,

The ways to leave are as broad as there are Jones guys leaving. I recommend a scripted process. You will need to have everything planned to the "T".

 I left not quite 2 years ago and went indy with RJ. When I left EJ,  I had nearly 800 typical Jones accounts, mainly small to mid and a handful of larger ones. I was able to transfer 78% of my assetts in 365 accounts. Others trickle in every month. I haven't focused on transfering since my first 5 months. I gross more than I did at EJ, I have no stress, and I am happy! The process is merely a matter of careful planning and building a system of redundancy for yourself. Delete all your contacts and any hot prospects. I believe the STL will know immediately what you are up too. Plan accordingly! You'll do fine. where ya going, bank, indy or wire?

I will post details post move…