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Feb 25, 2007 11:21 pm

[quote=joedabrkr]

[quote=Incredible Hulk] [quote=eyes wide open] 9753 sales people as of Feb 06, and 6136 as of Feb 2000. Those numbers are from the SEC filings. So growth of 600 odd brokers net, per year, in three countries. Doesn’t seem so great, given the numbers that are pumped through training.[/quote]



Were you around in 2000? I’ve seen numbers for the “major firms” and their growth, or lack thereof, for the same set of years. Very few brokers that were scratch starters made it anywhere from 2000-2001. [/quote]We’re not talking about other firms, we’re talking about “the world’s greatest sales force”. Stop trying to deflect the conversation…[/quote]



Deflection or Comparison? Someone decided to make the suggestion that EDJ is a terrible firm because of the slow growth of the firm over a short time horizon. I simply tried to give a newbie some perspective, but thanks for the help though.

Feb 25, 2007 11:26 pm

[quote=Philo Kvetch] [quote=Incredible Hulk] [quote=Philo Kvetch] But Hulk, were the other

firms pushing 200 new brokers per month through

their training programs?



Truthfully, I don’t think that these numbers are a good metric for the

quality

of firms. Still, one has to wonder how good the training really is.[/

QUOTE]



No, Mr Kvetch, other firms were making acquistions for

growth as opposed to training new brokers.



And I would agree with you that these numbers are not a good measure

for quality of firm. I don’t remember making statements to the contrary.



[/quote]



How about your previous post for a statement to the contrary?



I, too, find it humorous, but for a whole 'nother reason.[/quote]



If I need to 'splain everything to you, my comment regarding “success” was directed toward success of growing the firm, not quality.



I would again default to your comment that these are not the metric that should be used to measure quality.



Feb 25, 2007 11:37 pm

Yes, it’s a poor metric to judge the quality of the firm. Particularly in light of

the fact that there are many, many other reasons to doubt the quality of

Edward Jones.

Feb 26, 2007 1:42 am

Hulk, they must of given you the koolaid with the magic potion that makes your "st I N K" turn green!!!!

LOOK!...In the sky, its a bird... its a plane.......... does someone smell.... K-O-O-L-A-I-D ??? 

YES- AND IT IS THE INCREDIBLE HULK...     <= (ACTUAL PICTURE)

I crack me up!!!... Ohh, come on Hulk, lighten up, after all, your my favorite koolaid terd and I would never flush you..... SWOOOSH.... woops!!!!!

Feb 26, 2007 3:14 am

I only “cherry-picked” stats because someone in this thread had said that his friend was broker 5000 in the year 2000, and now the firm was over 10,000.  I was just tryiing to make the point that the growth has not been as good as the propoganda is intimating

Feb 26, 2007 4:03 am

doneWjones, the sooner you leave the better…are you even old enough to be licensed? Seriously, my 5 year old has deeper thoughts than you.

Feb 26, 2007 4:12 am

entertaining…hahaha so this is why I lurk on sites like this one since I’m not an fa guru jest for pure enjoyment of reading quips from posters like donewjones & discrediableHulk.

Feb 26, 2007 3:46 pm

[quote=eyes wide open]I only "cherry-picked" stats because someone in this thread had said that his friend was broker 5000 in the year 2000, and now the firm was over 10,000.  I was just tryiing to make the point that the growth has not been as good as the propoganda is intimating[/quote]

My "Can Sell" date was 3/1/1999...the 5000th guy was some turban wearing dude in England...I think he has something to do with 9-11

Mar 5, 2007 4:14 am

[ love to hear the Regional Leader get up and announce we are losing 70 FA's per month of the people that are producing over $300,000.  Mr. ButtKiss you should look into the statistics before you think that they are low![/quote]

 I'd love to hear the son of a bitch stand up and explain a system of equitably dispersing those left assets to more than one CHOSEN GOLDEN broker.  I mean, you deal the accounts around so that more than one broker gets a piece.  Isn't this what happens at other firms when someone leaves?  Don't they (Merril, Barney, AG) call it chumming?  Example: one Barney broker leaves Barney, and has 500 accts, w/ $50 million AUM, don't they pass those 500 accts around to the other 50 brokers left?  I've heard the term chumming, and it was explained to me as said.  It seems very fair to me.  However at Jones, those that are happy are almost always those that "inherited" $30+ million in assets.