![]() |
Thank You |
Post Reply
|
Page <12345> |
| Author | |||
luvindy
Moderator
Joined: May/17/2010 Status: Offline Points: 28221 |
Post Options
Thanks(0)
Quote Reply
Posted: May/13/2015 at 5:51pm |
||
This might be one of the most BS free zones you will ever encounter. Not kidding.
|
|||
|
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, |
|||
![]() |
|||
Profound
Greenhorns
Joined: May/13/2015 Status: Offline Points: 26 |
Post Options
Thanks(0)
Quote Reply
Posted: May/13/2015 at 7:18pm |
||
|
No, I think my (potential) regional manager was trying to help me with time management. Should I turn every small account down? No, but I shouldn't accept them ALL either. Find that balance and how to have enough households and capital.
I was a little confused that's all and talking to you guys along with other further research has helped clear it up. I like that everyone involved in the company isn't just painting this perfect picture. I know it will be hard work....6 and sometimes 7 days a week..........10-12 hours a day. As a teacher and former accountant I have no issues with hard work and long hours. My only worry was those numbers and making sure I meet my quota. Any more advice would be welcomed. Edited by Profound - May/13/2015 at 7:19pm |
|||
![]() |
|||
RIArules
Platinum Member
Trump Ball-Licker Joined: Mar/15/2010 Status: Online Points: 49907 |
Post Options
Thanks(0)
Quote Reply
Posted: May/13/2015 at 8:14pm |
||
|
Are you a CPA?
|
|||
|
“We are all Antifa” - Hacksaw 9/12/2025
|
|||
![]() |
|||
jtp
Senior Member
Joined: Aug/10/2014 Location: U.S. Status: Offline Points: 963 |
Post Options
Thanks(0)
Quote Reply
Posted: May/13/2015 at 9:00pm |
||
I am a new Jones FA. I know many other new Jones FAs. In each case, the number of new households (i.e. accounts) we have is our most difficult hurdle. You will take every single tiny bullshit account you can get and you will like it. |
|||
|
knock knock. who's there? you're new financial advisor
|
|||
![]() |
|||
Profound
Greenhorns
Joined: May/13/2015 Status: Offline Points: 26 |
Post Options
Thanks(0)
Quote Reply
Posted: May/13/2015 at 9:21pm |
||
I worked as an Investor Accountant for years. Hired in the mailroom, when one of the VP's saw how good I was with crunching numbers he hired me in the Investor Accounting department for FNMA. Never got my CPA though. JTP, that was my plan all along. Good to know others feel the same way. Please keep me updated on how you enjoy it. |
|||
![]() |
|||
ClarenceBeeks
Senior Member
Joined: Aug/31/2011 Status: Offline Points: 14334 |
Post Options
Thanks(0)
Quote Reply
Posted: May/13/2015 at 9:26pm |
||
|
The regional leader is in a totally different level than you are right now. This business is all about your progressing evolution. In the beginning, you take whatever crumbs and fumes you can get. I remember one day I went home happy because a prospect walked in and opened an account for each of his 8 children. He never funded the accounts. You evolve over several years and one day you become like that regional leader who has way too many clients with over 500k and can afford to talk about being selective.
You're going to hear different shit from different people, and you're confused by that? You should probably just keep your safe job.
|
|||
![]() |
|||
Profound
Greenhorns
Joined: May/13/2015 Status: Offline Points: 26 |
Post Options
Thanks(0)
Quote Reply
Posted: May/13/2015 at 9:32pm |
||
Except no job is safe. A school can close, a new principal can come in and clean house, test scores go down....etc. There is no such thing as a safe job for the most part. The confusing part was everything I heard from everyone who prospered in this company aligned until I spoke with a higher-up who told me what felt like the complete opposite. Thanks to some advice from people who aren't worried about quickly telling me "just give up" I pieced the puzzle together. Edited by Profound - May/13/2015 at 9:34pm |
|||
![]() |
|||
luvindy
Moderator
Joined: May/17/2010 Status: Offline Points: 28221 |
Post Options
Thanks(0)
Quote Reply
Posted: May/13/2015 at 9:54pm |
||
I said all of the same stuff and spent 3/4 of my first year watching Cosby Show re-runs from 12-3 every day because I couldn't get off my ass to go be rejected. |
|||
|
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, |
|||
![]() |
|||
RichMexican_
Senior Member
Joined: Nov/22/2014 Status: Offline Points: 581 |
Post Options
Thanks(0)
Quote Reply
Posted: May/14/2015 at 12:26am |
||
Rejection eats at your soul little by little. That is the hardest part. |
|||
|
"Don't throw your pearls to the pigs."
|
|||
![]() |
|||
SometimesNowhere
Gold Member
Joined: Mar/11/2010 Status: Offline Points: 13989 |
Post Options
Thanks(0)
Quote Reply
Posted: May/14/2015 at 4:49pm |
||
![]() |
|||
![]() |
|||
srm11
Greenhorns
Joined: Oct/15/2014 Location: Canada Status: Offline Points: 56 |
Post Options
Thanks(0)
Quote Reply
Posted: May/15/2015 at 12:36am |
||
|
Profound - the Regional Leader is not drinking enough koolaid apparently.
The reason the 'Jones formula' works is because it revolves around activity. Doorknocking is activity. You knock on enough doors and you find enough people to do business. You cant meet 20 people on a monday and expect to have 20 accounts by the following Friday. You meet 20 people on a Monday, you will probably have 1 account a month from now. But eventually you have 1000 prospects and you can turn 50 of those into accounts. You take whatever account you can get. $100 a month PAC plan? Done, sign them up. Does it make you money? No, but you mix those in with the bigger clients you will find and it keeps your household goals up and above the line. |
|||
![]() |
|||
jtp
Senior Member
Joined: Aug/10/2014 Location: U.S. Status: Offline Points: 963 |
Post Options
Thanks(0)
Quote Reply
Posted: May/15/2015 at 7:36am |
||
I agree 100%. It's a paralyzing mind fuck. But failing my kids would be a much worse kind of hell. Pass a kool-aid packet and roll up a 20, BOOM. |
|||
|
knock knock. who's there? you're new financial advisor
|
|||
![]() |
|||
Ted
Senior Member
Joined: Apr/29/2010 Status: Offline Points: 1507 |
Post Options
Thanks(0)
Quote Reply
Posted: May/15/2015 at 8:01am |
||
|
Long hours are not a badge of honor. It's better to work effectively for a shorter duration. Very few people can work long and effectively.
Effectively = only seeing people or fighting to see people |
|||
![]() |
|||
RIArules
Platinum Member
Trump Ball-Licker Joined: Mar/15/2010 Status: Online Points: 49907 |
Post Options
Thanks(0)
Quote Reply
Posted: May/15/2015 at 8:20am |
||
|
Ted, you have no concept of the GREEN BADGE OF COURAGE. You have to have stories for the summer regional, after all.
|
|||
|
“We are all Antifa” - Hacksaw 9/12/2025
|
|||
![]() |
|||
RIArules
Platinum Member
Trump Ball-Licker Joined: Mar/15/2010 Status: Online Points: 49907 |
Post Options
Thanks(0)
Quote Reply
Posted: May/15/2015 at 8:22am |
||
|
I think I will don my triple crown polo today, in homage. Actually, because I haven't done laundry in a while...
|
|||
|
“We are all Antifa” - Hacksaw 9/12/2025
|
|||
![]() |
|||
RipRock
Senior Member
Joined: Oct/29/2013 Status: Offline Points: 1807 |
Post Options
Thanks(0)
Quote Reply
Posted: May/15/2015 at 9:19am |
||
|
Whats the #1 Jones guys do $ AUM?
|
|||
![]() |
|||
B24
Moderator
Joined: Mar/09/2010 Status: Offline Points: 28776 |
Post Options
Thanks(0)
Quote Reply
Posted: May/15/2015 at 9:43am |
||
I think he's around $450-500mm. Keep in mind, these are solo guys that generally serve the mass-affluent.
|
|||
![]() |
|||
SometimesNowhere
Gold Member
Joined: Mar/11/2010 Status: Offline Points: 13989 |
Post Options
Thanks(0)
Quote Reply
Posted: May/15/2015 at 9:45am |
||
|
Dude, that guy has to have like 4500 HH. That's fucking stupid.
|
|||
![]() |
|||
RichMexican_
Senior Member
Joined: Nov/22/2014 Status: Offline Points: 581 |
Post Options
Thanks(0)
Quote Reply
Posted: May/15/2015 at 9:54am |
||
Or is it? Just put them all in A shares and tell them we will talk again in 7 years. |
|||
|
"Don't throw your pearls to the pigs."
|
|||
![]() |
|||
Guests
Guest Group
|
Post Options
Thanks(0)
Quote Reply
Posted: May/15/2015 at 10:00am |
||
Can someone verify this? I'm under the impression it's higher than that. |
|||
![]() |
|||
Post Reply
|
Page <12345> |
| Tweet |
| Forum Jump | Forum Permissions ![]() You cannot post new topics in this forum You cannot reply to topics in this forum You cannot delete your posts in this forum You cannot edit your posts in this forum You cannot create polls in this forum You cannot vote in polls in this forum |