"Invest for the long term, don't engage in speculative short term 'gambling'." I'm forced to take a gamble on my livelihood; should I take the VSP, knowing they may say no you can't have it or should I take a gamble that they won't terminate me with an involuntary separation plan? Or both? Reject my VSP and then terminate me later. I was taught by Edward Jones to not gamble. Edward Jones is now forcing me to gamble.
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@OP Didn't even read past the first question as it's pretty black and white. Are you ready to retire? If not, are you ready or able to find another job to support yourself?
1 yes answer take it, 2 no answers reject it.
You're on the outside of a line drawn in the sand that was offered an out. Much like the radius for return to office you're on one side or the other. If they need you then your leader would say you're needed and they'll rescind it.
@ah We no longer serve the long-term individual investor. We aren’t even trying to pretend we are interested in farmers, small businesses or young families trying to plan for college education for their children or retirement. Our only interest is in “high net worth” investors. The home office encourages off-loading the small town investors—you know, the people who Ted wanted to serve most of all. We have abandoned the business model that got us where we are. Long gone is the Al McKenzie tag line, “If you have the money, I think you should buy some today.” The ELT is dancing on the founders graves.
Sorry OP. This isn’t OUR firm anymore, it’s THEIR firm. I regret ever investing in this sh*thole.
Leadership is worshiping at the altar of their almighty $. Money has indeed become their God. The audacity that they’re celebrating Ted this month, as he’s spinning faster in his grave than an electron barreling through the Large Hadron Collider. It’s child-like nonsense. “The words are not matching the picture”.
Low-IQ Penny invited the wolves and they’re doing what wolves do, devouring Leadership is an illusion, consultants are in charge. Branch support is an afterthought. Read that paragraph again.
2026-2027 GP Return 80%? 90%? Double your money, 100%? It’ll never be enough for these soulless creatures. Pray for our leadership, they need it. Pray they wake up from the out-of-touch delusional fever dream they’re currently living in.
ELT - This isn’t complicated. Your “customer” is the field. Try to remember the idea of “one profit center - our branch teams” and SERVE THEM, not yourselves. Investment Advisory easy money made H.O. “leadership” soft as Charmin and susceptible to outside influence 📌
To the Field: Please voice your concerns. You can feel it - you are receiving cr-p service while H.O. skims 40% from your hard work to line their pockets. That’s unacceptable. In exchange you were promised World Class Service™️. Sorry, that service now originates from India. (Data breach incoming, watch)
I’ve had enough. It’s lunacy. These are not serious people, just greedy people.
Goodknight.