Maybe if I elaborate on my perceptions of the pros and cons of each company I can get some input

Ameriprise:

Pros: A draw to ensure some income, marketing budget, ability to offer wrap accounts to clients, existing client base

Cons: No independence, Must charge annual planning fee/no transactional work allowed, not allowed to door-to-door market

Edward Jones:

Pros: Allowed to market door-to door (I actually consider this a pro), independence, focus on assets instead of insurance, no charge for planning/can take on transactional work

Cons: Leave existing client base, No base after 12 months, No marketing budget, no existing wrap program (outside of SMA's)

Thoughts?

Maybe if you clicked that “search” button at the top of the page you’d find a whole bunch of information relevant to your question…

You want to leave a firm with a broader platform for one that will allow you to door knock so you can have the cops called on you and have people spit to your face?

By all means...

By the way, I find it funny that you associate "independence" with the words "no existing wrap program".

That's really freaking funny.

[quote=anabuhabkuss]

You want to leave a firm with a broader platform for one that will allow you to door knock so you can have the cops called on you and have people spit to your face?

By all means...

[quote=anabuhabkuss]

You want to leave a firm with a broader platform for one that will allow you to door knock so you can have the cops called on you and have people spit to your face?

By all means...

[quote=Maxstud] [quote=anabuhabkuss]

You want to leave a firm with a broader platform for one that will allow you to door knock so you can have the cops called on you and have people spit to your face?

By all means...

[/quote]

Wow people spit in your face?  You must be quite a charmer.
[/quote]

You should have seen him.

And , no, no second thoughts joe

Thats like trying to decide between shopping at Dollar Tree or Dollar General.  Sorry, I couldn't resist.

[quote=joedabrkr]Maybe if you clicked that "search" button at the top of the page you'd find a whole bunch of information relevant to your question..... [/quote]

Or maybe some people who are nice and aren't smart asses will come around and help somebody out in making an informed decision. I know of at least one person I can't count on.

IT’s difficult to answer your question without understanding why you’re unhappy with AMP and what has attracted you to EDJ so far.

Also, what is the state of your practice?  Who are your current and target clients? Does EDJ have the right products and image for their needs?

How do you market?  How will EDJ support that?

Great  questions:

The real motive behind this change is philosphies. My opinion is that I don't like charging clients for a financial plan (which many don't want in the first place) and then charging commissions on top of that. Also, after a year and a half, I am really starting to have real problems selling VUL's. There is no requirement that we sell VUL's, but because so much of Ameriprise's business model revolves around insurance it's hard to survive without it. I am not in jeopardy of losing my job and am meeting the pace requirements. However, I prefer handling assets and Ameriprise's focus, especially in your first 2 or 3 years, is not assets. I have $1.5 million under management after a 1+ year and I am actually ahead of almost every single peer with similar tenure. I want to work more with assets and I want to be able to take on transactional clients.

However, it goes beyond that. Although most people would prefer Ameriprise's marketing style (lunch and learns), I am not a big fan. I'd actually rather go door-to-door. I also wouldn't mind a little more independence and autonomy. Those are the main factors. There are other little things as well, but those are the main issues.

Jones is quite a step up from Ameriprise, if thats your only choice do it

Both firms stink.  Do some research.  Dumbell.

[quote=Nole32303]

I have $1.5 million under management after a 1+ year and I am actually ahead of almost every single peer with similar tenure. [/quote]