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Howdy

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Forum Name: Greenhorn Introductions
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URL: http://www.advisorheads.com/forum_posts.asp?TID=16970
Printed Date: May/29/2022 at 4:30am
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Topic: Howdy
Posted By: Coldjumper
Subject: Howdy
Date Posted: Mar/25/2020 at 12:45pm
Mid 20's and fully licensed. Currently working on my CFP even though I don't have the 3 years under my belt to call myself one. I'm currently at Jones, but the more I'm here the more I hate it. Maybe it's my fault for never drinking the green kool-aid, but I'm starting to chaff pretty hard at some of their internal stuff. I was about to graduate from their FACD program, but they've pushed back my graduation indefinitely. Not sure what my next step will be or what it will look like, but I'm hoping I get some guidance from y'all. 



Replies:
Posted By: luvindy
Date Posted: Mar/25/2020 at 12:53pm
In first!

I am back bitches!


-------------
8/31/12,Sportsfreak:
"If Barak wins this election, or appears to be clearly winning, we are all fucked. Market will tank big time."
Dow 13,090 S&P 1406
5/23/13 UC:Dow 20k before 20% crrectn Dow 15,


Posted By: mindtech
Date Posted: Mar/25/2020 at 12:54pm
Welcome......... we've been expecting you....


Posted By: Coldjumper
Date Posted: Mar/25/2020 at 12:56pm
You're welcome for the opportunity to come in first lol 


Posted By: mindtech
Date Posted: Mar/25/2020 at 1:02pm
Originally posted by Coldjumper Coldjumper wrote:

You're welcome for the opportunity to come in first lol 


Don't mind luvindy, he is the main greeter of the website. He's finally back after being in the ICU and having that respirator removed. We sometimes wish the doctors would keep him sedated fully.


Posted By: advisorman
Date Posted: Mar/25/2020 at 1:04pm
How is jones raping, I mean chafing you internally?

-------------
King of sarcasm and speling


Posted By: Coldjumper
Date Posted: Mar/25/2020 at 1:16pm
Originally posted by advisorman advisorman wrote:

How is jones raping, I mean chafing you internally?

Pushing back my graduation and LYP date is a big one. It came totally out of the blue and totally unexpected. I'm fully licensed (thanks Jones) and I have an MBA so I'm worth more than the pittance they are paying me hourly. I could stomach it and look to the future when I had a date on the calendar for when I could start earning more, but pushing it back indefinitely and not giving anyone a straight answer when they ask how long this will be is extremely frustrating.

Outside of that it's the normal Jones complaints. I don't like the cult feel at all. They made my wife join a summer regional wives facebook group to help plan stuff. Listen, my wife has her own job and she doesn't want to be apart of this summer regional stuff. I don't appreciate the fact they keep pushing me to set up transactional accounts when the fee based accounts are what is actually best. I guess I'm realizing that the whole, "run YOUR business how YOU want" line I've been told over and over is a gigantic lie. 

I just don't really know where to go from here. I've been told to stick it out at Jones, I've been told to join a bank as their FA and use the book I'll create there to go independent in a few years, and I've been told to join RIA firms and work for them.  


Posted By: missionshooter
Date Posted: Mar/25/2020 at 2:03pm
So they are paying you a small salary (evidently didnt make dick before they hired you) to sit on your ass instead of hitting the pavement ?

So you are spending your spare time studying for the CFP???

Dude, STOP wasting your time and money on the CFP until you have 3 years under your belt!

You may fail out by then anyway and you dont want to have wasted that money on a worthless certification.

You need to learn how to prospect and bring in new business. The CFP will NOT teach you that.

I waited until year 5 to start that shit when I actually made it and had the disposable income to pay for the study materials and prep course.

You're welcome.    


Posted By: Coldjumper
Date Posted: Mar/25/2020 at 2:55pm
I appreciate the advice, but I'm not failing out. One way or another I'll make it work. I don't the route I'll take, but I'm getting there.

City is shutdown and under lock down, businesses are closed, and Jones has told us not to prospect and just deal with what we have for now. I've called all of my prospects multiple times and all that's left is cold calling folks at home, but i don't currently own a list. 

And I'm hourly at basically nothing. Jones doesn't pay you a salary until later down the road   


Posted By: missionshooter
Date Posted: Mar/25/2020 at 3:00pm
BC, please give this man the place he can buy a call list .

Listshack or some shit like that??


Wow, that absolutely sucks you are paid like a fucking McDonalds worker, I figured the salary started day 1 of training.


Posted By: knuk
Date Posted: Mar/25/2020 at 3:03pm
Phone book is free

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#FreedomConvoyCanada2022


Posted By: B24
Date Posted: Mar/25/2020 at 3:06pm
Originally posted by knuk knuk wrote:

Phone book is free

Phone book?

Dude, this isn't Canada. We moved things to the Internet a few years back.


-------------
"If Bellicheat pulls that rabbit out of his a$$ with this kid at quarterback, I'll personally kiss his ring." - Sporsfreak, 09/20/16

"Jags/Vikes Super Bowl. Write it down" - Sportsfreak 01/19/18


Posted By: Coldjumper
Date Posted: Mar/25/2020 at 3:09pm
Nope, salary doesn't start until you attend LYP and they make you sign the 3 year contract. I've been making less than a manager at McDonald's since last fall when I was hired. Like I said, easier to stomach when there's an end in sight, but they've removed the end and haven't told us when we will get it back. 

So I've just been making the best of a bad situation by studying for the CFP. I got the study materials for basically free so not out anything there. 

Now I just need to figure out my next move. I've always planned on going fully independent, and I had thought Jones would give me the avenue to do that in a few years, but now I'm wondering if I should go work at a bank and build my book that way. That's why I'm here and looking for advice 


Posted By: missionshooter
Date Posted: Mar/25/2020 at 3:14pm
You got kids ?


Posted By: Coldjumper
Date Posted: Mar/25/2020 at 3:17pm
No, not yet. Thinking about trying to have some in the future, but obviously will need to get this sorted out first



Posted By: luvindy
Date Posted: Mar/25/2020 at 3:39pm
This new thread is a real barn burner.

-------------
8/31/12,Sportsfreak:
"If Barak wins this election, or appears to be clearly winning, we are all fucked. Market will tank big time."
Dow 13,090 S&P 1406
5/23/13 UC:Dow 20k before 20% crrectn Dow 15,


Posted By: helado
Date Posted: Mar/25/2020 at 4:15pm
Originally posted by Coldjumper Coldjumper wrote:

I appreciate the advice, but I'm not failing out. One way or another I'll make it work. I don't the route I'll take, but I'm getting there.

City is shutdown and under lock down, businesses are closed, and Jones has told us not to prospect and just deal with what we have for now. I've called all of my prospects multiple times and all that's left is cold calling folks at home, but i don't currently own a list. 

And I'm hourly at basically nothing. Jones doesn't pay you a salary until later down the road   
 

He gave you the right advice.  Get your ass on LinkedIn and prospect.  Buy a list.  Buy a corporate directory.  

You are completely wasting your time on the CFP right now.  


-------------
My posts are for abrasive entertainment only. Nothing posted is investment, legal, tax or any type of advice, nor is anything mentioned true or even based on real events. Posts are complete fiction.


Posted By: helado
Date Posted: Mar/25/2020 at 4:15pm
Call a wholesaler.  Make them get you some lists. 

-------------
My posts are for abrasive entertainment only. Nothing posted is investment, legal, tax or any type of advice, nor is anything mentioned true or even based on real events. Posts are complete fiction.


Posted By: Moraen
Date Posted: Mar/25/2020 at 4:27pm
Originally posted by Coldjumper Coldjumper wrote:

I appreciate the advice, but I'm not failing out. One way or another I'll make it work. I don't the route I'll take, but I'm getting there.

City is shutdown and under lock down, businesses are closed, and Jones has told us not to prospect and just deal with what we have for now. I've called all of my prospects multiple times and all that's left is cold calling folks at home, but i don't currently own a list. 

And I'm hourly at basically nothing. Jones doesn't pay you a salary until later down the road   



Gotta love the optimism.



-------------
I come in peace. I didn’t bring artillery. But I’m pleading with you, with tears in my eyes: If you fuck with me, I’ll kill you all. - General James Mattis

Fiduciary as Fuck - iMo


Posted By: mindtech
Date Posted: Mar/25/2020 at 4:40pm
Originally posted by B24 B24 wrote:

Originally posted by knuk knuk wrote:

Phone book is free

Phone book?

Dude, this isn't Canada. We moved things to the Internet a few years back.


Here in Canada, we're still using Compuserv. I'm still waiting for the arrival of ISDN lines....

And besides, the do not call list here is hilarious.


Posted By: Coldjumper
Date Posted: Mar/25/2020 at 4:51pm
Originally posted by helado helado wrote:

Call a wholesaler.  Make them get you some lists. 

How do I go about this? I'm plenty happy to do it, but I've been actively discouraged from cold calling so I don't know where to begin. Anything that gets me to where I want to be I'm willing to do 


Posted By: Coldjumper
Date Posted: Mar/25/2020 at 5:05pm
Originally posted by Moraen Moraen wrote:

Originally posted by Coldjumper Coldjumper wrote:

I appreciate the advice, but I'm not failing out. One way or another I'll make it work. I don't the route I'll take, but I'm getting there.

City is shutdown and under lock down, businesses are closed, and Jones has told us not to prospect and just deal with what we have for now. I've called all of my prospects multiple times and all that's left is cold calling folks at home, but i don't currently own a list. 

And I'm hourly at basically nothing. Jones doesn't pay you a salary until later down the road   



Gotta love the optimism.


Not optimism haha. I know how much this part of the business sucks and I know there's a really good chance I wash out. I just don't see a point in thinking about that possibility. Good QBs don't think about throwing interceptions and I figure good FAs don't think about failing 


Posted By: Guests
Date Posted: Mar/25/2020 at 5:17pm
Originally posted by missionshooter missionshooter wrote:

BC, please give this man the place he can buy a call list .

Listshack or some shit like that??


Wow, that absolutely sucks you are paid like a fucking McDonalds worker, I figured the salary started day 1 of training.


Listshack

They made you join the FB page 🤣


Posted By: Ron 14
Date Posted: Mar/25/2020 at 6:29pm
Avoid any banks that are Top 100 in size. Smaller bank programs won't be bad and you would probably get a salary for a year or commissions, whichever is higher. Be careful though with bank programs. I left Jones to go to a big bank and it cost me 4 years and all my Jones clients. 




Posted By: helado
Date Posted: Mar/25/2020 at 7:55pm
Originally posted by Coldjumper Coldjumper wrote:

Originally posted by helado helado wrote:

Call a wholesaler.  Make them get you some lists. 

How do I go about this? I'm plenty happy to do it, but I've been actively discouraged from cold calling so I don't know where to begin. Anything that gets me to where I want to be I'm willing to do 
 

I've never been at EDJ, but I've heard plenty of new EDJ people say they "discourage cold calling," but every EDJ veteran I've ever had advise on that subject is that EDJ doesn't care how you make contacts...so long as you make them and bring in AUM.

To get stuff from wholesalers, call them from the companies you plan on using.  I'm sure EDJ has their contact info on their intranet, or go to the advisor side of the fund company websites and look it up.  

Just find the external wholesaler from you area, and explain the situation.  Be excited, tell them you're going to pound the phones while people are home.  Be honest that you're new, but you want to use their "X, Y, and Z funds" and you're looking for them to support your growth.

Normally they want to help people that are already doing business with them.  But I'm sure with the right pitch you can catch someone's attention and get them to help you.


-------------
My posts are for abrasive entertainment only. Nothing posted is investment, legal, tax or any type of advice, nor is anything mentioned true or even based on real events. Posts are complete fiction.


Posted By: Guests
Date Posted: Mar/25/2020 at 8:01pm
Wholesalers are going to get you a list of 401ks or maybe corporate directories. It’s seems like you have every excuse imagineable.

Again - listshack

Get a local google voice number, call some people at home, and report back


Posted By: mindtech
Date Posted: Mar/25/2020 at 8:08pm
Originally posted by helado helado wrote:

I've never been at EDJ, but I've heard plenty of new EDJ people say they "discourage cold calling," but every EDJ veteran I've ever had advise on that subject is that EDJ doesn't care how you make contacts...so long as you make them and bring in AUM.


Your regional leader won't care how you get aum. You field trainer won't care either.... but remember this.... if you do cold calling, or seminars or whatever, the next time your ass is in St Louis, you better tell people you door knocked and did not nothing else. Why you ask? Because all the old fart GPs who door knocked back in Nineteen Dickety Five  don't want to hear anything different..... god forbid they have to rewrite the KYC syllabus.





Posted By: Coldjumper
Date Posted: Mar/25/2020 at 8:08pm
Originally posted by helado helado wrote:

Originally posted by Coldjumper Coldjumper wrote:

Originally posted by helado helado wrote:

Call a wholesaler.  Make them get you some lists. 

How do I go about this? I'm plenty happy to do it, but I've been actively discouraged from cold calling so I don't know where to begin. Anything that gets me to where I want to be I'm willing to do 
 

I've never been at EDJ, but I've heard plenty of new EDJ people say they "discourage cold calling," but every EDJ veteran I've ever had advise on that subject is that EDJ doesn't care how you make contacts...so long as you make them and bring in AUM.

To get stuff from wholesalers, call them from the companies you plan on using.  I'm sure EDJ has their contact info on their intranet, or go to the advisor side of the fund company websites and look it up.  

Just find the external wholesaler from you area, and explain the situation.  Be excited, tell them you're going to pound the phones while people are home.  Be honest that you're new, but you want to use their "X, Y, and Z funds" and you're looking for them to support your growth.

Normally they want to help people that are already doing business with them.  But I'm sure with the right pitch you can catch someone's attention and get them to help you.

Excellent, thank you! All of the vets they make us talk to and our trainers have told us not to cold call. I had one 15 year EJ vet tell me, "if you wanted to cold call you should have joined NWM" so I haven't explored it much, but as I've said multiple times in this thread I'm just here to make it work however I can make it work. Thanks for you're advice I'm getting the ball rolling on that tomorrow morning 


Posted By: Coldjumper
Date Posted: Mar/25/2020 at 8:13pm
Originally posted by mindtech mindtech wrote:

Originally posted by helado helado wrote:

I've never been at EDJ, but I've heard plenty of new EDJ people say they "discourage cold calling," but every EDJ veteran I've ever had advise on that subject is that EDJ doesn't care how you make contacts...so long as you make them and bring in AUM.


Your regional leader won't care how you get aum. You field trainer won't care either.... but remember this.... if you do cold calling, or seminars or whatever, the next time your ass is in St Louis, you better tell people you door knocked and did not nothing else. Why you ask? Because all the old fart GPs who door knocked back in Nineteen Dickety Five  don't want to hear anything different..... god forbid they have to rewrite the KYC syllabus.




My RL is extremely old school and any deviation of the Jones way gets me an email at the very least, but I don't really much care. As long as I'm producing and doing my job I'll lie through my teeth about how I got the clients and they will be happy. 

You're exactly right though. I asked a GP my last time at HO about cold calling instead of door knocking and got shut down hard. Just another hoop to jump through, but if they see the assets rolling in I doubt they will ask too many questions how I'm finding them


Posted By: helado
Date Posted: Mar/25/2020 at 8:19pm
Hey man, don't get me wrong.  If I had to do one or the other, I'd do door knocking instead of cold calling.  Cold calling all day would drive me insane.  

But given the current situation, knocking is out.  Notice I also said, "get on LinkedIn and prospect."  I don't think that's magic.  In fact I think it's inferior to both cold calling and door knocking.  But it's PROSPECTING.  And any form of valid prospecting is going to be a thousand times more beneficial for you, than working on the CFP.  


-------------
My posts are for abrasive entertainment only. Nothing posted is investment, legal, tax or any type of advice, nor is anything mentioned true or even based on real events. Posts are complete fiction.


Posted By: mindtech
Date Posted: Mar/25/2020 at 8:22pm
Originally posted by Coldjumper Coldjumper wrote:

My RL is extremely old school and any deviation of the Jones way gets me an email at the very least, but I don't really much care. As long as I'm producing and doing my job I'll lie through my teeth about how I got the clients and they will be happy. 

You're exactly right though. I asked a GP my last time at HO about cold calling instead of door knocking and got shut down hard. Just another hoop to jump through, but if they see the assets rolling in I doubt they will ask too many questions how I'm finding them


Are you in a small town or a bigger city? RLs in bigger cities tend to be more lenient towards other ways of doing business than the ones from Upper Rubber Boot, Arkansas.


Posted By: Coldjumper
Date Posted: Mar/25/2020 at 8:23pm
Originally posted by helado helado wrote:

Hey man, don't get me wrong.  If I had to do one or the other, I'd do door knocking instead of cold calling.  Cold calling all day would drive me insane.  

But given the current situation, knocking is out.  Notice I also said, "get on LinkedIn and prospect."  I don't think that's magic.  In fact I think it's inferior to both cold calling and door knocking.  But it's PROSPECTING.  And any form of valid prospecting is going to be a thousand times more beneficial for you, than working on the CFP.  

I've just been doing what Jones has told me up until this point, and the last few weeks they have told me to do nothing. They have even kicked around the idea of moving us to HO support staff for the time being. 

I came here looking for advice because I'm new and I want to be advancing my career the best way possible, I knew what Jones had me doing probably was not it, but I needed direction. You've given me some. May or may not pan out. but it's moving me in the right direction 


Posted By: Coldjumper
Date Posted: Mar/25/2020 at 8:26pm
Originally posted by mindtech mindtech wrote:

Originally posted by Coldjumper Coldjumper wrote:

My RL is extremely old school and any deviation of the Jones way gets me an email at the very least, but I don't really much care. As long as I'm producing and doing my job I'll lie through my teeth about how I got the clients and they will be happy. 

You're exactly right though. I asked a GP my last time at HO about cold calling instead of door knocking and got shut down hard. Just another hoop to jump through, but if they see the assets rolling in I doubt they will ask too many questions how I'm finding them


Are you in a small town or a bigger city? RLs in bigger cities tend to be more lenient towards other ways of doing business than the ones from Upper Rubber Boot, Arkansas.

My RL is rural and old. They constantly talk about the good ole days before Penny tried ruining the firm and before the fee based accounts were a thing. It is what it is and I have to play the hand I'm dealt. I think as long as I bring in assets and kiss a little ass they will be okay


Posted By: missionshooter
Date Posted: Mar/25/2020 at 8:26pm
Agree with Helado.

Oh by the way, you are going to hear "No" a lot. Be prepared.

Your wife thinks you're a broke punkass little whiney bitch right now. Suck it up and get to work cold calling.


Posted By: helado
Date Posted: Mar/25/2020 at 8:29pm
I know, that's why I'm repeating it.  Obviously if they put on some type of support job, you have no choice.  I'd assume they'd be smart enough to drop you back into the game when this dies down.

But aside from that oddity happening...the only thing worth doing for the next 3 years for you, is prospecting.  Real prospecting.  Phone.  Door knock.  Seminars.  

Networking and mailing do not count.  You can do them, don't expect any results (maybe long term result here and there from networking).  And they don't count towards your hourly goal of 40 hours per week actually prospecting.

40 hours a week, prospecting, any of the three methods I posted above.  And you cannot fail.  

That's going to leave you working 60 hours a week because you're going to need time to do admin, take notes, place trades, etc. 


-------------
My posts are for abrasive entertainment only. Nothing posted is investment, legal, tax or any type of advice, nor is anything mentioned true or even based on real events. Posts are complete fiction.


Posted By: Coldjumper
Date Posted: Mar/25/2020 at 8:29pm
My wife would think that even if i was bringing in the big bucks. I married a red head 


Posted By: Ron 14
Date Posted: Mar/25/2020 at 8:32pm
Originally posted by Coldjumper Coldjumper wrote:

Originally posted by helado helado wrote:

Originally posted by Coldjumper Coldjumper wrote:

Originally posted by helado helado wrote:

Call a wholesaler.  Make them get you some lists. 

How do I go about this? I'm plenty happy to do it, but I've been actively discouraged from cold calling so I don't know where to begin. Anything that gets me to where I want to be I'm willing to do 
 

I've never been at EDJ, but I've heard plenty of new EDJ people say they "discourage cold calling," but every EDJ veteran I've ever had advise on that subject is that EDJ doesn't care how you make contacts...so long as you make them and bring in AUM.

To get stuff from wholesalers, call them from the companies you plan on using.  I'm sure EDJ has their contact info on their intranet, or go to the advisor side of the fund company websites and look it up.  

Just find the external wholesaler from you area, and explain the situation.  Be excited, tell them you're going to pound the phones while people are home.  Be honest that you're new, but you want to use their "X, Y, and Z funds" and you're looking for them to support your growth.

Normally they want to help people that are already doing business with them.  But I'm sure with the right pitch you can catch someone's attention and get them to help you.

Excellent, thank you! All of the vets they make us talk to and our trainers have told us not to cold call. I had one 15 year EJ vet tell me, "if you wanted to cold call you should have joined NWM" so I haven't explored it much, but as I've said multiple times in this thread I'm just here to make it work however I can make it work. Thanks for you're advice I'm getting the ball rolling on that tomorrow morning 

NWM doesn't cold call either. They are like Jones (only our way works) but instead of door knocking it is worse, it is hunting down everyone you have ever talked to in your life and asking them for referrals. 


Posted By: mindtech
Date Posted: Mar/25/2020 at 8:32pm
Originally posted by Coldjumper Coldjumper wrote:

My wife would think that even if i was bringing in the big bucks. I married a red head 


This Coldjumper is going to fit just right in with us.


Posted By: Coldjumper
Date Posted: Mar/25/2020 at 8:32pm
Originally posted by helado helado wrote:

I know, that's why I'm repeating it.  Obviously if they put on some type of support job, you have no choice.  I'd assume they'd be smart enough to drop you back into the game when this dies down.

But aside from that oddity happening...the only thing worth doing for the next 3 years for you, is prospecting.  Real prospecting.  Phone.  Door knock.  Seminars.  

Networking and mailing do not count.  You can do them, don't expect any results (maybe long term result here and there from networking).  And they don't count towards your hourly goal of 40 hours per week actually prospecting.

40 hours a week, prospecting, any of the three methods I posted above.  And you cannot fail.  

That's going to leave you working 60 hours a week because you're going to need time to do admin, take notes, place trades, etc. 

60 hours is nothing while I'm young and have nothing going on except building my career. Whatever it takes to skin a cat 


Posted By: helado
Date Posted: Mar/25/2020 at 8:33pm
Red heads are seemingly always feisty!

-------------
My posts are for abrasive entertainment only. Nothing posted is investment, legal, tax or any type of advice, nor is anything mentioned true or even based on real events. Posts are complete fiction.


Posted By: Ron 14
Date Posted: Mar/25/2020 at 8:34pm
What is FACD program? Is it service only or do you have your own clients?


Posted By: mindtech
Date Posted: Mar/25/2020 at 8:37pm
Originally posted by Coldjumper Coldjumper wrote:

My RL is rural and old. They constantly talk about the good ole days before Penny tried ruining the firm and before the fee based accounts were a thing. It is what it is and I have to play the hand I'm dealt. I think as long as I bring in assets and kiss a little ass they will be okay


I know that RL. Always talking about how he wishes Ted was still alive today because change isn't a good thing. And if he's complaining about Penny regarding fee based, he's an idiot. Weddle was on the record stating that Jones would never go fee based, yet under his watch they allowed it.

Look, it sounds like I'm knocking Jones, but I'm not. I tell everyone this: Jones is a good company if you follow their rules. Jones is a good company if you toe the line. Jones will treat their advisors well. Just don't fuck your BOA and don't rock the boat otherwise it was nice to know you, you don't be around next year.



Posted By: Coldjumper
Date Posted: Mar/25/2020 at 8:39pm
Originally posted by Ron 14 Ron 14 wrote:

What is FACD program? Is it service only or do you have your own clients?

No one really knows what it is and that's the honest truth. It was billed to me as something extra for people who have graduate degrees, but after being in the program I think it's just for younger folks. Every person in charge of it seems to have a different idea of what it is. 

Basically, we get a few more months of "free" prospecting before we get put on standards and we spend a lot of classroom time learning the products and how to build portfolios. We get a few of the classes they only give to advisers who are level 5+ so it has it's usefulness. If you get lucky and the FA they pair you with is cool it's a sweet gig because they will kick you the clients they don't want to mess with, which is generally anyone under 250k if you're a level 8+. Most people aren't lucky though and get paired with level 3's who try to poach every good prospect you bring in 


Posted By: Coldjumper
Date Posted: Mar/25/2020 at 8:44pm
Originally posted by mindtech mindtech wrote:

Originally posted by Coldjumper Coldjumper wrote:

My RL is rural and old. They constantly talk about the good ole days before Penny tried ruining the firm and before the fee based accounts were a thing. It is what it is and I have to play the hand I'm dealt. I think as long as I bring in assets and kiss a little ass they will be okay


I know that RL. Always talking about how he wishes Ted was still alive today because change isn't a good thing. And if he's complaining about Penny regarding fee based, he's an idiot. Weddle was on the record stating that Jones would never go fee based, yet under his watch they allowed it.

Look, it sounds like I'm knocking Jones, but I'm not. I tell everyone this: Jones is a good company if you follow their rules. Jones is a good company if you toe the line. Jones will treat their advisors well. Just don't fuck your BOA and don't rock the boat otherwise it was nice to know you, you don't be around next year.


Jones is a company and all of them have their pros and cons. I'm young, I'm idealistic, and my goal is to eventually own my own shop. If EJ is the path for me to do that I'll be more than happy to toe the company line for as long as I need to. Fact of the matter is I have a ton of useless book knowledge and very little practical experience in this field, and I need to get my hands dirty, get the stupid rookie mistakes out of my way, and build my book. Once I do that I can start thinking about my exit strategy, but that is a long long ways off  


Posted By: Ron 14
Date Posted: Mar/25/2020 at 8:49pm
Cold - if I were you I would just be patient. I know that is hard but Jones isn't a bad place and as long as you are surviving financially, which I assume you are without kids and another income, Id stay put. Unless you can go Indy, every other place in the middle is equal to or worse than Jones. This industry is a shitshow. 


Posted By: missionshooter
Date Posted: Mar/25/2020 at 8:50pm
Originally posted by helado helado wrote:

Red heads are seemingly always feisty!


Ya they definitely fuck. That's 4 sure


Posted By: luvindy
Date Posted: Mar/25/2020 at 9:44pm
Originally posted by Coldjumper Coldjumper wrote:

My wife would think that even if i was bringing in the big bucks. I married a red head 

Details about what she looks like and is in to would be appreciated.




-------------
8/31/12,Sportsfreak:
"If Barak wins this election, or appears to be clearly winning, we are all fucked. Market will tank big time."
Dow 13,090 S&P 1406
5/23/13 UC:Dow 20k before 20% crrectn Dow 15,


Posted By: Wet_Blanket
Date Posted: Mar/25/2020 at 9:45pm
Have you ever considered a rewarding career in compliance?

-------------
Ducati's Prediction (2/27/2022):

Russia will take Kyiv by midnight Monday 2/28/2022.

Russia will take Ukraine by Wednesday 3/2/22.


Posted By: Ron 14
Date Posted: Mar/25/2020 at 9:45pm
.....and if the carpet matches the drapes


Posted By: helado
Date Posted: Mar/26/2020 at 12:15am
It's 2020.  There better not be any fucking carpet.  

-------------
My posts are for abrasive entertainment only. Nothing posted is investment, legal, tax or any type of advice, nor is anything mentioned true or even based on real events. Posts are complete fiction.


Posted By: PEACH_cm
Date Posted: Mar/26/2020 at 6:06am
Originally posted by helado helado wrote:

It's 2020.  There better not be any fucking carpet.  
unless the wax shops are essential 2020 is going to be know as land of the poof—- or razor burn. 


Posted By: mindtech
Date Posted: Mar/26/2020 at 11:11am
Originally posted by PEACH_cm PEACH_cm wrote:

Originally posted by helado helado wrote:

It's 2020.  There better not be any fucking carpet.  
unless the wax shops are essential 2020 is going to be know as land of the poof—- or razor burn. 


This is the quality type of post I come here for.


Posted By: Gray
Date Posted: Sep/09/2020 at 7:21pm
Coldjumper - are you still with us? So I am guessing you moved forward in the Jones process by now, but WTH did they have you prospecting for during all those extra months? "When I grow up and become an FA, will you do business with me?" That is not aimed at you, just wondering what they expected your pitch to be, while they artificially "held" your license.


Posted By: Spaceman Spiff
Date Posted: Sep/10/2020 at 10:15am
He gave me enough info to call some friends in the home office who run the FACD program and I got him fired.  He was leaving anyway, so I just saved the firm and my LP profit a little time and money.  

It's amazing what info people will give up on an internet forum.  


Posted By: missionshooter
Date Posted: Sep/10/2020 at 10:35am
This was a good thread.


Posted By: Gray
Date Posted: Sep/10/2020 at 11:11am
Originally posted by Spaceman Spiff Spaceman Spiff wrote:

He gave me enough info to call some friends in the home office who run the FACD program and I got him fired.  He was leaving anyway, so I just saved the firm and my LP profit a little time and money.  

It's amazing what info people will give up on an internet forum.  


I hear the pay for that is better than the new asset bonus pay for new FAs.


Posted By: Gray
Date Posted: Sep/10/2020 at 11:32am
Originally posted by missionshooter missionshooter wrote:

This was a good thread.


If I told you I'm a red head, would it make it all better?


Posted By: missionshooter
Date Posted: Sep/10/2020 at 12:01pm
Originally posted by Gray Gray wrote:

Originally posted by missionshooter missionshooter wrote:

This was a good thread.


If I told you I'm a red head, would it make it all better?




Do you look like Ygritte from Game of Thrones?


Posted By: spudpotato
Date Posted: Sep/16/2020 at 8:19am
Originally posted by Spaceman Spiff Spaceman Spiff wrote:

He gave me enough info to call some friends in the home office who run the FACD program and I got him fired.  He was leaving anyway, so I just saved the firm and my LP profit a little time and money.  

It's amazing what info people will give up on an internet forum.  

Seriously? *sigh*


Posted By: mindtech
Date Posted: Sep/16/2020 at 8:55am
Originally posted by spudpotato spudpotato wrote:

Originally posted by Spaceman Spiff Spaceman Spiff wrote:

He gave me enough info to call some friends in the home office who run the FACD program and I got him fired.  He was leaving anyway, so I just saved the firm and my LP profit a little time and money.  

It's amazing what info people will give up on an internet forum.  

Seriously? *sigh*

If OP was stupid enough to talk to Spiff, then yes OP deserves it. These fucking kids on the internet think everyone is their friend.


Posted By: WarPig
Date Posted: Sep/16/2020 at 6:12pm
Originally posted by Spaceman Spiff Spaceman Spiff wrote:

He gave me enough info to call some friends in the home office who run the FACD program and I got him fired.  He was leaving anyway, so I just saved the firm and my LP profit a little time and money.  

It's amazing what info people will give up on an internet forum.  


This can't be serious. If so, you are a douchebag.

-------------
The Puppet Master


Posted By: spudpotato
Date Posted: Sep/16/2020 at 6:14pm
Originally posted by WarPig WarPig wrote:

Originally posted by Spaceman Spiff Spaceman Spiff wrote:

He gave me enough info to call some friends in the home office who run the FACD program and I got him fired.  He was leaving anyway, so I just saved the firm and my LP profit a little time and money.  

It's amazing what info people will give up on an internet forum.  


This can't be serious. If so, you are a douchebag.


Seems like a lot of those on this board.


Posted By: helado
Date Posted: Sep/16/2020 at 6:25pm
You know where the door is if you hate it so much.

-------------
My posts are for abrasive entertainment only. Nothing posted is investment, legal, tax or any type of advice, nor is anything mentioned true or even based on real events. Posts are complete fiction.


Posted By: helado
Date Posted: Sep/16/2020 at 6:28pm
Originally posted by Spaceman Spiff Spaceman Spiff wrote:

He gave me enough info to call some friends in the home office who run the FACD program and I got him fired.  He was leaving anyway, so I just saved the firm and my LP profit a little time and money.  

It's amazing what info people will give up on an internet forum.  


Wait. Did this actually happen?

Spiff...if this happened... you're worse than Tom Pick.

-------------
My posts are for abrasive entertainment only. Nothing posted is investment, legal, tax or any type of advice, nor is anything mentioned true or even based on real events. Posts are complete fiction.


Posted By: Guests
Date Posted: Sep/16/2020 at 8:06pm
This didn’t happen. And spiffs supposed to be the “golly gee” guy here


Posted By: Moraen
Date Posted: Sep/17/2020 at 8:35am
Ok, if it didn't happen that's great. But that's not shit we joke about either.

Shit is not supposed to affect people in real life.


-------------
I come in peace. I didn’t bring artillery. But I’m pleading with you, with tears in my eyes: If you fuck with me, I’ll kill you all. - General James Mattis

Fiduciary as Fuck - iMo


Posted By: Guests
Date Posted: Sep/17/2020 at 1:54pm
Well shit...spiff has been here and didn’t clear this up?


Posted By: Moraen
Date Posted: Sep/17/2020 at 2:05pm
Originally posted by bc2051 bc2051 wrote:

Well shit...spiff has been here and didn’t clear this up?


He didn't use italics either.


-------------
I come in peace. I didn’t bring artillery. But I’m pleading with you, with tears in my eyes: If you fuck with me, I’ll kill you all. - General James Mattis

Fiduciary as Fuck - iMo


Posted By: WarPig
Date Posted: Sep/17/2020 at 2:08pm
Originally posted by bc2051 bc2051 wrote:

Well shit...spiff has been here and didn’t clear this up?


Why would you even joke about this? If it's true, he should be banned and punched in the face. It would fly in the face of who I think he is but you never really know.

-------------
The Puppet Master


Posted By: Moraen
Date Posted: Sep/17/2020 at 2:10pm
Originally posted by mindtech mindtech wrote:

Originally posted by spudpotato spudpotato wrote:

Originally posted by Spaceman Spiff Spaceman Spiff wrote:

He gave me enough info to call some friends in the home office who run the FACD program and I got him fired.  He was leaving anyway, so I just saved the firm and my LP profit a little time and money.  

It's amazing what info people will give up on an internet forum.  

Seriously? *sigh*

If OP was stupid enough to talk to Spiff, then yes OP deserves it. These fucking kids on the internet think everyone is their friend.


Nope. We have very few rules here. But number one is that what you do on this board should not affect you in real life, UNLESS what you do here has affected someone else in real life.


-------------
I come in peace. I didn’t bring artillery. But I’m pleading with you, with tears in my eyes: If you fuck with me, I’ll kill you all. - General James Mattis

Fiduciary as Fuck - iMo


Posted By: luvindy
Date Posted: Sep/17/2020 at 2:33pm
I took it as serious, not really thinking through Rule #1. 

Spiff could you please clear this up?


-------------
8/31/12,Sportsfreak:
"If Barak wins this election, or appears to be clearly winning, we are all fucked. Market will tank big time."
Dow 13,090 S&P 1406
5/23/13 UC:Dow 20k before 20% crrectn Dow 15,


Posted By: MsBroker
Date Posted: Sep/17/2020 at 2:44pm
WTF is going on here? This is peak 2020 if SPIFF actually just did something like that.

How does that even work? The mothership doesn't even "allow" advisors to be on here. 

Are our long held suspicions that he was a home office plant all along really playing out? 

If so, this was a terribly anti-climatic ending, tbh. 




Posted By: Guests
Date Posted: Sep/17/2020 at 2:45pm
I took it as a joke. A RL can’t get a guy fired for 2 years who has never done anything and she’s a GP. Spiffs a no one (or is he?). All performance standards have been froze bc of Covid. Try explaining that in court. An anonymous guy on the internet... I just don’t see it, but he’s been here and didn’t clear this up which now has me second guessing


Posted By: B24
Date Posted: Sep/17/2020 at 2:47pm
I'm hoping Spiff was joking.

-------------
"If Bellicheat pulls that rabbit out of his a$$ with this kid at quarterback, I'll personally kiss his ring." - Sporsfreak, 09/20/16

"Jags/Vikes Super Bowl. Write it down" - Sportsfreak 01/19/18


Posted By: PEACH_cm
Date Posted: Sep/17/2020 at 2:48pm
Fucking Flanders


Posted By: Moraen
Date Posted: Sep/17/2020 at 3:01pm
He probably was joking. But it would be nice of him to simply say, "Of course I was you idiots. How the hell am I going to get him fired?"


-------------
I come in peace. I didn’t bring artillery. But I’m pleading with you, with tears in my eyes: If you fuck with me, I’ll kill you all. - General James Mattis

Fiduciary as Fuck - iMo


Posted By: WarPig
Date Posted: Sep/17/2020 at 3:23pm
WHERE THE HELL IS SPIFF!

-------------
The Puppet Master


Posted By: MsBroker
Date Posted: Sep/17/2020 at 3:26pm
Has anyone tried PMing him? He was on 2 minutes ago. 



Posted By: B24
Date Posted: Sep/17/2020 at 3:26pm
Originally posted by MsBroker MsBroker wrote:

Has anyone tried PMing him? He was on 2 minutes ago. 


I did. He has not responded.


-------------
"If Bellicheat pulls that rabbit out of his a$$ with this kid at quarterback, I'll personally kiss his ring." - Sporsfreak, 09/20/16

"Jags/Vikes Super Bowl. Write it down" - Sportsfreak 01/19/18


Posted By: Guests
Date Posted: Sep/17/2020 at 3:39pm
Captive guys have way more to lose here. Been nice knowing you guys ✌️😂


Posted By: Wet_Blanket
Date Posted: Sep/17/2020 at 3:54pm
Originally posted by B24 B24 wrote:

Originally posted by MsBroker MsBroker wrote:

Has anyone tried PMing him? He was on 2 minutes ago. 



I did. He has not responded.
Spiff is probably somewhere giggling at his prank, rewarding himself with a little sugar on his shredded wheat.

-------------
Ducati's Prediction (2/27/2022):

Russia will take Kyiv by midnight Monday 2/28/2022.

Russia will take Ukraine by Wednesday 3/2/22.


Posted By: Moraen
Date Posted: Sep/17/2020 at 4:06pm
Originally posted by Wet_Blanket Wet_Blanket wrote:

Originally posted by B24 B24 wrote:

Originally posted by MsBroker MsBroker wrote:

Has anyone tried PMing him? He was on 2 minutes ago. 



I did. He has not responded.
Spiff is probably somewhere giggling at his prank, rewarding himself with a little sugar on his shredded wheat.


LOL


-------------
I come in peace. I didn’t bring artillery. But I’m pleading with you, with tears in my eyes: If you fuck with me, I’ll kill you all. - General James Mattis

Fiduciary as Fuck - iMo


Posted By: PEACH_cm
Date Posted: Sep/17/2020 at 9:05pm
Originally posted by Wet_Blanket Wet_Blanket wrote:

Originally posted by B24 B24 wrote:

Originally posted by MsBroker MsBroker wrote:

Has anyone tried PMing him? He was on 2 minutes ago. 



I did. He has not responded.
Spiff is probably somewhere giggling at his prank, rewarding himself with a little sugar on his shredded wheat.
🔥


Posted By: mindtech
Date Posted: Sep/18/2020 at 9:52am
Originally posted by Wet_Blanket Wet_Blanket wrote:

 Spiff is probably somewhere giggling at his prank, rewarding himself with a little sugar on his shredded wheat.

By gawd.... even John Mulaney would think that joke is too much on the straight and narrow.


Posted By: B24
Date Posted: Sep/18/2020 at 10:10am
OK, all clear! LOL

As expected (hoping), Spiff was joking.


-------------
"If Bellicheat pulls that rabbit out of his a$$ with this kid at quarterback, I'll personally kiss his ring." - Sporsfreak, 09/20/16

"Jags/Vikes Super Bowl. Write it down" - Sportsfreak 01/19/18


Posted By: Spaceman Spiff
Date Posted: Sep/18/2020 at 11:36am
You guys are pathetic.

I hadn't even looked at this thread since I posted that until B24 PM'd me this morning.  Of course I didn't call anyone to get him fired.  I'm not that psycho.  

You guys thinking I might have - that's psycho.    

 


Posted By: Wet_Blanket
Date Posted: Sep/18/2020 at 11:38am
I believed in you Spiff.

-------------
Ducati's Prediction (2/27/2022):

Russia will take Kyiv by midnight Monday 2/28/2022.

Russia will take Ukraine by Wednesday 3/2/22.


Posted By: Moraen
Date Posted: Sep/18/2020 at 11:40am
Originally posted by Spaceman Spiff Spaceman Spiff wrote:

You guys are pathetic.

I hadn't even looked at this thread since I posted that until B24 PM'd me this morning.  Of course I didn't call anyone to get him fired.  I'm not that psycho.  

You guys thinking I might have - that's psycho.    

 


You saying it - psycho.


-------------
I come in peace. I didn’t bring artillery. But I’m pleading with you, with tears in my eyes: If you fuck with me, I’ll kill you all. - General James Mattis

Fiduciary as Fuck - iMo


Posted By: helado
Date Posted: Sep/18/2020 at 1:11pm
Well that's a relief.

-------------
My posts are for abrasive entertainment only. Nothing posted is investment, legal, tax or any type of advice, nor is anything mentioned true or even based on real events. Posts are complete fiction.


Posted By: Spaceman Spiff
Date Posted: Sep/18/2020 at 2:15pm
Originally posted by Moraen Moraen wrote:

Originally posted by Spaceman Spiff Spaceman Spiff wrote:

You guys are pathetic.

I hadn't even looked at this thread since I posted that until B24 PM'd me this morning.  Of course I didn't call anyone to get him fired.  I'm not that psycho.  

You guys thinking I might have - that's psycho.    

 


You saying it - psycho.
Whatever.  I think it's hilarious you guys actually thought I have the clout at Jones to get someone fired. 

Next time I'll make sure I use the italics.  Evidently some of you really need them. 

I'll also add this:  Nobody gave a rip about this kid until Gray revived this almost 6 month old thread.  The last post the guy made in this thread was back in March.  And all the posts he made were him whining about not being able to move forward with his FA career...in the middle of a freaking pandemic.  Jones shut the whole system down for the new guys and basically told them it was OK to twiddle your thumbs for the next 6 months.  They weren't singling him out.  They could just as easily have let him go and said reapply in a year when we fire hiring back up.  

   


Posted By: Hacksaw
Date Posted: Sep/18/2020 at 3:14pm
Originally posted by Spaceman Spiff Spaceman Spiff wrote:

You guys are pathetic.

I hadn't even looked at this thread since I posted that until B24 PM'd me this morning.  Of course I didn't call anyone to get him fired.  I'm not that psycho.  

You guys thinking I might have - that's psycho.    

 

I never doubted you Spiff


Posted By: Coldjumper
Date Posted: Dec/06/2021 at 11:42pm
It all makes sense now


Posted By: XLKrane
Date Posted: Jan/08/2022 at 12:46am
Cold call every single realtor in your area. Try to get 10-15 people a day to tell you F OFF or never call again. Read Go For No twice. Learn phone skills. Realtors don't typically have retirement plans. Learn and master the Solo 401k and how to position it over the phone to show enough value to book an in person or virtual meeting. It won't be easy. In fact it'll feel nearly impossible most the time, but keep plugging! Remember it's not what you say, it's how you say it..  The prospects can sense your inner feelings so you had better truly believe in your heart that it's their lucky day you called them. Lastly, SILENCE is your friend. GL!


Posted By: spudpotato
Date Posted: Jan/08/2022 at 7:43am
Dead


Posted By: WarPig
Date Posted: Jan/08/2022 at 8:32am
Originally posted by spudpotato spudpotato wrote:

Dead

Why did you make that face?  You should share your prospecting advice that led you to where you are today. I’m sure we could all learn a lot. 


Posted By: cfp83
Date Posted: Jan/14/2022 at 8:41pm
Welcome....and good for you being a 20 something and having enough interest to seek out an online community. 
I started off at Northwestern Mutual in my 20's, everyone encouraged me to get my CFP and a bunch of other credentials.....I decided that what was most important was building a client base and learn what my market needed, so I focused on prospecting and writing business as there was plenty of time for credentials.    In hindsight that has made all the difference in my career. Clients don't care about credentials, people who can't sell do. 


Posted By: luvindy
Date Posted: Jan/14/2022 at 9:01pm
Originally posted by cfp83 cfp83 wrote:

Welcome....and good for you being a 20 something and having enough interest to seek out an online community. 
I started off at Northwestern Mutualin my 20's and everyone encouraged me to get my CFP and a bunch of other credentials......then I decided that I wouldjust focus on prospecting and writing business, there was plenty of time for credentials.   I am glad I chose the path I did.....clients don't care about credentials, people who can't sell do. 

Tell us more about the shithole that is Northwestern Mutual.


-------------
8/31/12,Sportsfreak:
"If Barak wins this election, or appears to be clearly winning, we are all fucked. Market will tank big time."
Dow 13,090 S&P 1406
5/23/13 UC:Dow 20k before 20% crrectn Dow 15,


Posted By: cfp83
Date Posted: Jan/15/2022 at 6:35am
Originally posted by luvindy luvindy wrote:

Originally posted by cfp83 cfp83 wrote:

Welcome....and good for you being a 20 something and having enough interest to seek out an online community. 
I started off at Northwestern Mutualin my 20's and everyone encouraged me to get my CFP and a bunch of other credentials......then I decided that I wouldjust focus on prospecting and writing business, there was plenty of time for credentials.   I am glad I chose the path I did.....clients don't care about credentials, people who can't sell do. 

Tell us more about the shithole that is Northwestern Mutual.

I left in 2009 after five years and started my own RIA, a captive environment wasn't for me.  Haven't sold a whole life policy since leaving. 
I was fortunate to be in their biggest investment producing office in the country.....I had two advisors who were both each doing north of 1mill GDC back in 2004 take me under their wing and show me how to build the business.  They both left in 2008 and went to RJ.

Kool-aid as you all know is very strong there, I never got the tattoo.  


Posted By: luvindy
Date Posted: Jan/15/2022 at 10:23am
Originally posted by cfp83 cfp83 wrote:

Originally posted by luvindy luvindy wrote:

Originally posted by cfp83 cfp83 wrote:

Welcome....and good for you being a 20 something and having enough interest to seek out an online community. 
I started off at Northwestern Mutualin my 20's and everyone encouraged me to get my CFP and a bunch of other credentials......then I decided that I wouldjust focus on prospecting and writing business, there was plenty of time for credentials.   I am glad I chose the path I did.....clients don't care about credentials, people who can't sell do. 

Tell us more about the shithole that is Northwestern Mutual.

I left in 2009 after five years and started my own RIA, a captive environment wasn't for me.  Haven't sold a whole life policy since leaving. 
I was fortunate to be in their biggest investment producing office in the country.....I had two advisors who were both each doing north of 1mill GDC back in 2004 take me under their wing and show me how to build the business.  They both left in 2008 and went to RJ.

Kool-aid as you all know is very strong there, I never got the tattoo.  

Serious question...why does everyone have the same VUL and other shit? Do they explicitly comp you to sell that shit, or is it somehow indirect? Or do the sales guys think it's best because they're somehow trained that way?


-------------
8/31/12,Sportsfreak:
"If Barak wins this election, or appears to be clearly winning, we are all fucked. Market will tank big time."
Dow 13,090 S&P 1406
5/23/13 UC:Dow 20k before 20% crrectn Dow 15,


Posted By: memphis
Date Posted: Jan/15/2022 at 11:14am
Originally posted by luvindy luvindy wrote:

Serious question...why does everyone have the same VUL and other shit? Do they explicitly comp you to sell that shit, or is it somehow indirect? Or do the sales guys think it's best because they're somehow trained that way?

They believe in it because they're trained that way. ROTH alternative / LIRP / whatever you want to call it. I never did VUL, thank God, but I did quite a few IULs that way. Thankfully most of them are still working as planned.



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