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Sep 12, 2008 4:48 am

It was a good post, however, the segment info is as follows:

  Seg 2 = $8,000 4 mos avg Seg 3 = $15,000 4 mos avg Seg 4 = 27,000 4 mos avg Seg 5 = $40,000 4 mos avg.   I understand we will soon have a Seg 6 most likely $60,000 4 mos avg...but we'll see!
Sep 12, 2008 6:29 pm

what kind of pay does edward jones offer while training?

Sep 12, 2008 6:33 pm

seriously, i’m waiting right now to hear back from hiring department, and wondering if i should persue this or not. thanks.

Sep 12, 2008 6:59 pm

I was told approx. $3,000 a month…

Sep 12, 2008 7:00 pm

It depends on a few things:

  1) your experience level   2) cost of living where you will be working.   I got over 35K...which every 3 months went down a bit...until the end of the first selling year when it was down to zero.  During studying...you make about $12-14/hour.
Sep 12, 2008 7:01 pm

oh…and from what I understand…mine was way on the high side…but i’m over 40 with finance industry experience and live in one of the most expensive areas in the US

Sep 12, 2008 7:31 pm

thank you hka. not sure if it’s for me. i’m 40 with a family and make 75k as a finance manager for a car dealer. don’t think i can swing 35k until i get up a running with accounts.

Sep 12, 2008 7:42 pm
toris:

thank you hka. not sure if it’s for me. i’m 40 with a family and make 75k as a finance manager for a car dealer. don’t think i can swing 35k until i get up a running with accounts.

  It is $35k + commission and bonuses....i made about 50K my first year
Sep 12, 2008 7:46 pm

did you have experience in this field before you joined edward jones?

Sep 12, 2008 7:48 pm
toris:

did you have experience in this field before you joined edward jones?

  I was in the financial world....not investments
Sep 12, 2008 7:49 pm

Ok, I’ve done my surveys and had my final interview which I feel went very well.  Anyone have any idea how long until I should expect to hear back?  It’s very hard to focus on my current job while I’m waiting.  Also, if everything has gone great up until now should I even be worried?  And before I go, one more, how long once you’re made the offer does one typically wait until they start? 

Sep 12, 2008 7:50 pm

not sure what you mean “the wires”?

Sep 12, 2008 8:15 pm

Thanks very much Iceco1d. i appreciate your input.

Sep 12, 2008 9:49 pm

If you make it to year three you wont be worried about a pitance of a salary anyway. get past three years ans statistically you are there. So I hear

Sep 12, 2008 11:23 pm

Disregard my previous post, all my questions are answered.  I got the offer and I start studying on Oct 20th, KYC on Jan 5th.  Now the fun part, giving my notice to my current employer.

Sep 12, 2008 11:40 pm
iceco1d:

[quote=toris]seriously, i’m waiting right now to hear back from hiring department, and wondering if i should persue this or not. thanks.

  I was serious...[/quote]

I know I had a terrible day when I found this post so funny I laughed iceco1d beer out my nose.  Ice, I know you are serious and you are right too!  I just found it hilarious.

One guy's opinion...  I know you need money to start and survive and feed the family. 
Go into this career with the attitude that you are so good and you will work so hard that the salary will be irrelevant.  Who cares if you are lying to yourself if it makes you succeed.  The career you are embarking on is so hard that you do not have room in your head or in your work day for any doubts or alternate plans.
This is not meant to discourage you it is just to tell you the truth.  If you work harder than you think possible, you will build a great business and help many many families.  Take it serious as I am sure you do.
Sep 13, 2008 6:15 am

[quote=A-Ron]

Disregard my previous post, all my questions are answered.  I got the offer and I start studying on Oct 20th, KYC on Jan 5th.  Now the fun part, giving my notice to my current employer.

[/quote] A-Ron....Congrats and good luck!!...Enjoy the studying time...because as soon as your done the real fun begins!