Seems to be a lot of Ed Jones people here. I’m curious how much AUM you’ve brought in through door knocking? It must work, otherwise they wouldn’t have you do it!

like
Posting as :
works at
You are currently posting as works at

Works like a charm but it’s the worst form of torture as well lol. 7 mil first year and stayed around 8 mil last 4 years. First year 95% from door knocking. I slowly stopped over over time though. I averaged one new client per 100 people I talked to. I talked to about 3 people an hour. Knocked on literally 10 thousand doors

likesmarthelpful

One of my very first door knocks was a recent divorcée with 1mm sitting in a money market. Earned my first div trip. It works because no one else does it and people remember you. I think it’s harder for men though, us ladies aren’t a physical threat so doors open more easily.

likehelpful

Yeah it works wonderfully, but sucks so bad most people stop doing it. It’s really that bad.

likefunny

You sick person.

like

It works. My first 9 months in the business I brought in 5mil and then averaged like 7 the next few years. Granted all of it wasnt from knocking but a lot of it was. I was told before i left Jones that they are starting to move away from it in certain markets where it is less effective though.

like

👆same👆

like

I didn't mind it. For the most part, people were nice. And I was surprised at how many people were willing to divulge their financial information in the doorstep my first time meeting them. I actually kind of enjoyed it and got a salesman high everytime I had a good lead.

like

Sounds as bad as cold calling

^^^^ more effective but worse...

Way worse

Related Posts

What tool/ paid website do you use for roadmap planning? Looking for something to present to the uppers.

like

Currently in sales. 26. Take extreme pride in my work and the effort I put into it. I know it sounds like a greedy millennial, but I feel very underpaid and undervalued. I am competitive and have been successful in sales. Looking for my next step in my career. Ideally remote. Any suggestions? Have been applying but haven’t been getting much action back. Thanks

like

SNOW day = self nurturing our wellness day
I couldn't go anywhere or do anything soooooooooo I over enjoyed my self care routine today. When do you find time to love on yourself?

like

I’m concerned about the surge in omicron. I packed everything, just in case. Q2 is ending, a new quarter is starting. We get new kids each quarter as a Specials teacher.
It’s stressful at quarter changeovers.
In going back after break, it’s too much of a contrast. I cannot sleep, I wake up in the middle of the night, “for the day”, about 6 nights a week. To stay structured, I go to “Surrender yoga” daily. I’m good to go do 1 more thing after yoga. I feel accomplished. Couching causes anxiety.

like

Any suggestions for healthy self help books? Or healthy eating or understand why we get cravings? Looking for self help books alone those lines to help get my eating right

like

What are some good memoirs by men who were never loved by their father? I gotta get into the mind of our client.

likefunny

Just got let go and my manager said part of it was because I was looking for other jobs. I didn't look for other jobs at work, so I'm not sure how they could have known that unless a coworker snitched on me. Is it worth it to try and find out who or should I just leave it? Can't deny that I'm seriously pissed off about it.

like

Why is learning how race has impacted, and continues to impact, America scary to a lot of people?

likehelpful

From where do the EY HRs procure the resumes?

like

Hello Fishes

Do you have any idea about xpheno.
I got selected over there for client project.

like

Looking for c++, java and integration (Automation, support and devops mix role) people.. please reach out if interested. Location Bangalore (India)

like

*If anyone actively looking for a job, i can refer you in cognizant.
Just go to career page and let me know the Job ID number.
I will help you.*

like

When is a 3 page resume acceptable?

likefunny

Advice for going to your agency with a counter offer?

likehelpful

Reposting this:
Has anyone ever worked in Bytedance/ Amazon (APAC)? How’s the culture like and are the compensation package competitive?

Going through couple interviews with both companies at the moment, unsure which is the better company to work in.

like

Any leads for Digital Supervisor roles in Chicago

I feel like a lot of branded content goes by the wayside and has 0 shelf life ... are there any good examples that cut through and had some longevity?

like

Recommendations for lightweight low maintenance versatile blazer?

like

Worked with an agent on my first deal, great. Second deal now and I’m getting my license myself. I’d like to use her as a backboard for ideas and don’t mind giving her a “finders fee” or something but would like to capture the commissions myself. What would be the normal way to have this convo?

like

Additional Posts in Financial Advisors

I've received a feedback of being too honest, and too personable which could potentially damage my work reputation (haven't yet). It made me feel personally attacked. Is this a real thing?

like

Looking for good way to ask long time clients to bring over outside assets.

like

New client looking to switch from Simple to Safe Harbor 401k (needs safe harbor because owner makes 5x what employees make(dentist office )Does anyone know if there is a custodian who offers this?

Best music/audio to listen to while working?

like

Anyone discussing protective put options strategies with retail clients?

How do you feel right now 1-10? Why?

If pitching one stock was old school cold calling, what’s a new school cold call like?

like

Do y’all carry cash? Like i know carrying cash is a good thing to do by how much average do y’all have on your person at a time?

like

I’m taking the CFP exam Nov 8th. All tips/tricks welcomed !!

Thank you so much.

like

Any South Florida based firms hiring?

like

For those of you who position yourself as retirement income specialists: How do you do so?

like

Words to say, questions to ask, things to do when a client who moved their money to year exactly one year ago, blind sides you with ACATS out after you’ve made 13.7% because he is conservative? GO!

like

So the fiduciary rule got tossed yesterday

likehelpfulfunny

Anyone here in Santa Barbara CA?

like

What is the most uncomfortable thing you've ever done in your career that, looking back, you're extremely glad you took the leap and did?

like

If you loved your small independent broker dealer but they had just been acquired by a much larger corporation which does have benefits in terms, mostly, in technology, but you lose your “family” in the home office, what would you do and who would you look at if you were considering a change of your own?

like

100% referral for a long time but now considering moving into marketing. We have support staff to take on responsibilities but want to put best foot forward. Ideas, lessons learned? Please share.

like


CFP study programs:

I'm a little confused on Danko - does he offer a self-study option for the coursework requirement? On his website it looks like each module has a 4-day virtual class which I wouldn't be able to attend due to working full time. Does this program also include self-study material, and the classes are just supplementary/optional? I was also looking at Dalton for self-study and Danko for test prep. Thoughts?

TIA

like

When you got so excited for an interview that you show one day earlier.

like

AND SO IT BEGINS- UBS EXITS BROKER PROTOCOL

like

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
That was just a preview…
Sign Up to see all discussions
  • Discover what it’s like to work at companies from real professionals
  • Get candid advice from people in your field in a safe space
  • Chat and network with other professionals in your field
Sign up in seconds to unlock all discussions on Fishbowl.

Already a user?
Login here

Share

Embed this post

Copy and paste embed code on your site

Preview

Download the
Fishbowl app

See what’s happening in your industry
from the palm of your hand.

A phone with Fishbowl app

Scan your QR code to download
Fishbowl app on your mobile

Download app

Sign up for free to view this conversation on Fishbowl

By continuing you agree to Terms of Use and Privacy Policy

Already have an account? Log in

Sign up for free to continue using Fishbowl

By continuing you agree to Terms of Use(New) and Privacy Policy(New)
Messaging rates may apply

Already have an account? Log in

For account settings, visit Fishbowl on Desktop Browser or

General

Legal