Move to an existing office within Jones
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Hello everyone,
I have been a reader for some time but have never posted. I am currently with Jones and I have been with the firm 2 1/2 years. I am meeting expectations and I have my own office, but my wife and I have been thinking about moving. I will be contacting the home office tomorrow regarding the process, but I wanted to get feedback. How flexible are they ? Will I have any choices ? Is it possible that I could go to an office that is currently empty and inherit a small book because I don't really want to start from scratch again. My wife and I aren't picky in terms of where we would like to move. It is basically for a change of scenery and to get away from in-laws. Thank you all for your time.I haven’t been with Jones quite as long as you and don’t know of anyone who’s done it this way. Why don’t you call priority locations and explain the situation to them? Good luck.
I think they’re pretty flexible, as long as you can backfill your office. I took over an office that was abandoned by a guy who moved to another state to take over a vacant office.
However, he didn't backfill his office, it was empty for several months before I was offered the job. There's a guy in my town whose son went through the PASS program and moved into a $100 million+ office. His monthly trails will put him in Seg. 4 as soon as he has been there long enough to move through the segments. That would be a nice little setup.So basically there are offices out there that are vacant and they are being serviced by the PASS program.
I could easily backfill my office with a guy ending a goodnight one town over.I think they are flexible. Our region just lost a 3 yr producer who started newnew and was doing real well. He is moving to the east coast to take over for a guy retiring in a few years.
The vacant offices are either serviced by transitional reps or licensed folks at the home office.
The PASS guys sit in St. Louis and look through the open offices list and then jump on the one they want.EDJ is very flexible PROVIDED you are doing above standard. If you are red/below standard, you’ve got nothing comin’. Talk to priority locations for open offices.
Three choices:
1. Put a hit on the in-laws, (last choice) 2. Move the in-laws, (second to last choice) 3. You move, invite in-laws on special occasions only! (Best choice) You made a good choice--Jones will work with you provided you are patient! The best times of my life was in the service when the nearest relative was > 1,000 miles away! Good Luck!I am not completely convinced that they will work with me. The home office today was very tight lipped on what offices, if any, are available. They made me give almost an exact area (for example,1 hr radius of Kansas City) and then I will have to just wait and see. I was fairly annoyed by that.
I think they are wary of people that are just looking to find the biggest open office in the country in order to cash in. They are willing to work with people that have a real need or desire to move to a specific area for personal reasons, but they don’t want to do it for people that just “feel like it”. I had a guy in my region that HAD to move for family reasons, and they were very accomodating with him. But he had a relatively specific area that he wanted to move to. We had another guy move INTO our region, and he pretty much got the first open office that came up.
In 2 1/2 years this is what I have learned at Jones
-You can be brand new and fall ass backwards into a 40 million dollar office like 2 dudes in my region since I have started. -Or you can get a 10 million dollar plus goodnight/office like 4 others in my region since I have started. -Or you can pay your dues and grind it out doing the REAL work of starting a business from zero and receive constant kicks to the sack while these other stiffs take diversification trips, get slurpped by the RL, and teach new FA meetings like they have a clue what new people are going throughBeing bitter will hurt you more than it will help, but what you are saying does go on and I really can’t blame you for harboring some of those feelings.
LRT-
Seriously, it is NO different at any other firm. But at the wirehouses, they call it joining a team. The difference between joining a team and starting from scratch at a wire is the equivalent difference of getting a GK/getting an existing office vs. starting new/new at Jones. I guess the one difference would be that at the wirehouses, they don't perch you up there with all those silly awards and everything just because you joined a team. As much as it burns, I just don't see how you can blame the firms for this. You have to go in without the blinders on. They tell you it's gonna be tough. They're not kidding.Right on Icecold and let’s be really honest …Life is not always fair. I wanted to retire by 55 , own a summer home in the South of France , a winter home in Fiji and have my children all perfect with perfect lives. Not asking for much , if only the people I have worked with for years could have understood that I was not asking for too much!!!
, the more I think of it …I am bitter All those people who decided that my simple expectations in life were too much. Well the with them , I am going to hold a grudge and have a chip on my shoulder forever. That will serve them right for doing this to me.
They won’t tell you but the fail rate for brokers changing towns within Jones is higher than starting out fresh. Remember the first two months of cold calling?? It will be back staring you in the face when you move towns. A lot of guys can’t handle the new rejection.
IndyEDJ "Been there, done that, cashed the check, went Indy"[quote=LRT12]In 2 1/2 years this is what I have learned at Jones
-You can be brand new and fall ass backwards into a 40 million dollar office like 2 dudes in my region since I have started. -Or you can get a 10 million dollar plus goodnight/office like 4 others in my region since I have started. -Or you can pay your dues and grind it out doing the REAL work of starting a business from zero and receive constant kicks to the sack while these other stiffs take diversification trips, get slurpped by the RL, and teach new FA meetings like they have a clue what new people are going through [/quote] I gotta agree. That is one of the biggest reasons I went Indy. I started new/new. I can't tell you the number of times I was asked by a GK, or someone who took over a decent office, "where have you gone on your diversification trips?" When I answered that I had not won one yet, you could almost see their thought of "what's wrong with this guy, it's not that hard to win a trip." It got old.ice-
Your sanctimonious responses to real life Jones situations shows your longevity in this biz. I was a new/new and won all the awards except segment 5, got all the so called respect because I acheived in spite of all that was against me. At that time diversification qualifications were the same as a GK or someone taking over a book (in some cases large books like 50M). I can't tell you how many times I bit my lip while others were glorified for their acheivements while the rest of us just kept putting one foot in front of the other. If you weren't bitter you were brain dead. I know life ain't fair. That's why most of us leave Jones to go elsewhere. Life is far better independent than dealing with GP's at Jones.[quote=footsoldier]…
If you weren't bitter you were brain dead. I know life ain't fair. That's why most of us leave Jones to go elsewhere. Life is far better independent than dealing with GP's at Jones. [/quote] Great post foot, I agree 100%.[quote=footsoldier]ice-
Your sanctimonious responses to real life Jones situations shows your longevity in this biz. I was a new/new and won all the awards except segment 5, got all the so called respect because I acheived in spite of all that was against me. At that time diversification qualifications were the same as a GK or someone taking over a book (in some cases large books like 50M). I can't tell you how many times I bit my lip while others were glorified for their acheivements while the rest of us just kept putting one foot in front of the other. If you weren't bitter you were brain dead. I know life ain't fair. That's why most of us leave Jones to go elsewhere. Life is far better independent than dealing with GP's at Jones. [/quote] 100% agreement Footsoldier!!