Great place to move your practice, bad place to start your practice
Financial Advisor (Current Employee) – Winston-Salem, NC – May 4, 2018
Edward Jones is a great place to be if you have a large book and want to be left alone to make lots of money and help your clients.
However, if you are just starting out in the business and you need help and guidance, then this place is a bad place to start.
Their ideas and strategies on finding and prospecting new clients is so old school, I'm surprised they are still in business.
I hear ALL the time, "id never give my money to someone who knocked on my door" and yet that is how the do it, you are nothing but a door to door sales person begging for money from people to build your book.
Id rather cold call all day long, than get yelled at all day by people at their doors... Door to door sales is NOT the way to build a professional wealth management business.
Terrible business model for prospecting new clients.