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DCadviser
Rookie Joined: Sep/17/2017 Location: Washington dc Status: Offline Points: 54 |
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Posted: Sep/17/2017 at 8:30pm |
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Hello all. I am new to this forum and look forward to reading what you all have to say. I have been in the business for a few years but mostly doing a lot of annuities. I have my series 65 and insurance licenses. I am in the process of finding a new job, I have been interviewing with Raymond James, RBC, and Edward jones. If anyone has insight about any of those companies for me I would really appreciate it. I am starting over as I go into my new role, I have no book and because I don't have my 7 and 66, that's how these companies work. I'm looking forward to any responses and advice you all can provide to me. Thanks in advance
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Iamlegend
Platinum Member Joined: Mar/09/2010 Status: Offline Points: 22532 |
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Raymond James is the best of the three.
Welcome. |
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Ironman
Senior Member Joined: Dec/24/2010 Status: Offline Points: 837 |
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Only Edward Jones cares about clients.
De Nada. Edited by Ironman - Sep/17/2017 at 10:52pm |
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Why don't you find an insurance-friendly RIA, get appointed with the insurance companies, and keep doing what you're doing?
There are a few that you may want to look into: - www.fanria.com; www.pomplanning.net; www.brookstonecm.com are the top 3 that come to mind right now. I'm sure there are others. Unless you need income right now (make sure you compare offers from where ever you're interviewing), I think that's the best way to go.
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missionshooter
Senior Member Joined: Feb/12/2014 Status: Offline Points: 6136 |
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EDJ makes sense of investing. Whatever the fuck that means....
RJ FTW |
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Jmhalvo
Member Joined: Aug/25/2016 Status: Offline Points: 276 |
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I started at Jones and I recommend it for the sales training
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DCadviser
Rookie Joined: Sep/17/2017 Location: Washington dc Status: Offline Points: 54 |
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I have thought about doing that but part of me wants to get more formal training. I also have young kids so not having any income for a bit scares me. I do appreciate the information though as part of me knows you are right.
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Ironman
Senior Member Joined: Dec/24/2010 Status: Offline Points: 837 |
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To be serious, if you need a salary look at Jones. They're doing five year salaries now. Seriously stupid IMO but if you can get in on it, do it.
Edited by Ironman - Sep/18/2017 at 10:29pm |
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DCadviser
Rookie Joined: Sep/17/2017 Location: Washington dc Status: Offline Points: 54 |
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I just had my pine interview with Raymond James, it went very well and now he said it will be up to the branch if I'm hired in to the AMP program. Has anyone here been through it?
For those at Jones, I know Jones is build on door knocking and seems to do a bit better in smaller towns. I'm DC, any advice on working for them in a bigger city? I also am working on the business plan so any insight into that would be helpful. Thanks in advance. |
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Fitness1983
Senior Member Joined: Mar/06/2016 Status: Offline Points: 804 |
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It cuts in half after the first year though, and then continues to decrease at a rate based on if you receice assets, how much, etc. by midway they year 2 it's not much to boast about. Clearly better than it used to be but saying it lasts 5 years isn't exactly true |
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Ironman
Senior Member Joined: Dec/24/2010 Status: Offline Points: 837 |
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It has followed that path for 4-5 years but it never went out 5 years. Still a good deal for some.
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Ironman
Senior Member Joined: Dec/24/2010 Status: Offline Points: 837 |
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If you are in DC proper forget Jones. That is cold calling territory and while Jones will let you do that the trainers know nothing about it. If you are out in the suburbs that might be different. Re: smaller towns. Not any more. Jones is strong in many suburbs.
Edited by Ironman - Sep/19/2017 at 9:55pm |
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