- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: Why does anyone want to work for Edward Jones, Northwestern Mutual, etc?
Posted on 9/14/18 at 9:55 pm to Mingo Was His NameO
Posted on 9/14/18 at 9:55 pm to Mingo Was His NameO
Hey Mingo, you sell Protandim too?
1
Posted on 9/14/18 at 9:55 pm to Mingo Was His NameO
quote:
I seem to really touch a nerve with you
Because I said you were hilarious?
You seem a little insecure
Posted on 9/14/18 at 9:55 pm to Mingo Was His NameO
quote:
Offer shitty investments with high fees?
, like what? Be specific. 
Posted on 9/14/18 at 9:56 pm to Fourteen28
quote:
Hey Mingo, you sell Protandim too?
I don't even know what that is. I don't sell any tangible product, I sell my mind
Posted on 9/14/18 at 9:56 pm to Mingo Was His NameO
quote:
What the company doesn't do is "give you a blank piece of paper and MAKE you write down everyone you know." They don't give a shite if you sell or not, they have a million applicants.
This is actually exactly what they do. Most new reps are subsidized for their first 90-180 days to my knowledge. One of the first steps I have heard from multiple people is they had to make a call list of 100 people they know, call on them, and then ask for referrals on that call.
Posted on 9/14/18 at 9:56 pm to slackster
quote:
like what? Be specific.
Their fees are pretty much the highest out there. That's common knowledge.
Posted on 9/14/18 at 9:57 pm to Mingo Was His NameO
quote:
, I sell my mind
No wonder you’re a broke dick
Posted on 9/14/18 at 9:57 pm to LSUShock
quote:
This is actually exactly what they do
quote:
One of the first steps I have heard
So you don't know.
Posted on 9/14/18 at 9:58 pm to tgrbaitn08
quote:
tgrbaitn08
Arent you like a potato chip peddler or some shite?
Posted on 9/14/18 at 9:59 pm to slackster
Upset? I’m just being honest. EJ is a bottom of the barrel b/d. Their products are expensive, they have a weird culture, they are highly restrictive of what can be held/sold on their platforms and their offices are located next to check cashing places
Posted on 9/14/18 at 10:00 pm to LSUKTR
quote:
I’ve looked into EJ for financial management and the fees were ridiculous. I think it was 1%/yr for everything under management and they want you in their products. I’m a low fee passed be investing guy and have done just fine.
1% management is WELL below average for retail brokers.
I guess everyone in this thread doesn't understand the target market for these shops. If you're a financially savvy, well disciplined investor, what do you need EJ for in the first place? EJ and others exist because the typical retail investor is AWFUL managing their own assets. That won't change anytime soon either.
Posted on 9/14/18 at 10:01 pm to slackster
quote:
1% management is WELL below average for retail brokers
Schwab, Vanguard, etc disagree
Posted on 9/14/18 at 10:01 pm to Mingo Was His NameO
quote:
Arent you like a potato chip peddler or some shite?
Why do you feel threatened by me?
I don’t want your little shitty job at HR Block
Posted on 9/14/18 at 10:02 pm to tgrbaitn08
quote:
Why do you feel threatened by me?
Why did you avoid the question?
Posted on 9/14/18 at 10:02 pm to Man4others
quote:
I’m just being honest. EJ is a bottom of the barrel b/d. Their products are expensive, they have a weird culture, they are highly restrictive of what can be held/sold on their platforms and their offices are located next to check cashing places
To my knowledge, the only difference between EJ and LPL or Raymond James is some of the restrictions on products at EJ. My buddy can't sell marijuana stocks or leveraged ETFs, but most things are fair game. Anything a mom and pop would need is there.
Posted on 9/14/18 at 10:03 pm to Mingo Was His NameO
quote:
Why did you avoid the question?
Am I a potato chip salesman?
My life would probably be much less stressful if I were
But sorry to disappoint, I am not
Posted on 9/14/18 at 10:04 pm to Mingo Was His NameO
quote:
Schwab, Vanguard, etc disagree
You're smarter than that.
Schwab/Vanguard/Fidelity clients =/= EJ clients.
I can use Vanguard. My parents need EJ.
Posted on 9/14/18 at 10:04 pm to slackster
The EJ rep was probably like “yea it’s only a 1% management fee” when in reality it’s 1.75% per year.
Posted on 9/14/18 at 10:05 pm to Mingo Was His NameO
Multiple "friends" and acquaintances who have put me on that first 100 list.
Posted on 9/14/18 at 10:06 pm to tgrbaitn08
quote:
Am I a potato chip salesman?
My life would probably be much less stressful if I were
But sorry to disappoint, I am not
What do you do then big guy?
Page 5 of 9
Popular
Back to top
Follow TigerDroppings for LSU Football News