Happiness can be under rated! So many times in our lives, we look at a less than perfect situation and stay in it because of “the money”! Heck of a way to build a Family Legacy in Financial Wellness, isn’t it? Our family members see that this is an acceptable way to work and live “for the money”. But in all honesty it may be more expensive to stay in a toxic work relationship than to leave it, and I am not talking just money!
Yesterday, I promised my readers I would finally reveal my story of “Leaving Eddie Jones”, and I am incorporating that into today’s writing having the ability to look back and see how expensive it was for me to stay where I was for as long as I did.
Our choices will promote either aging or anti-aging, but I did not think of that over the years. It is only as I am aging that I think through every thought and decision to increase my longevity. My youth is not lost, my life is in a new span of time. Let’s go back to my years at Eddie Jones:
With four years in banking, six years at two major wirehouses, being recruited each time, I was still an optimistic member of the financial industry. The first three of my years at Eddie Jones were productive, successful, and provided an opportunity to me for regional leadership. I continued to build a women’s market as well as a socially responsible specialty. Then three years into my time there, the managing partner changed, and the company changed. We were also heading into the market downturn that lasted for the remainder of my time there. I began in 2004 and left in 2011. With the change in management, change in the market, and a growing awareness on my part of the “compliance” matters that were changing, I witnessed a lot that led up to my major decision in June of 2010 to “begin to leave”. There are many other small situations, but I am not wanting to live in the past. Let it be said that, while on commission, when I left Eddie Jones, I was granted unemployment compensation after putting all of the situations into writing.
Not wanting to live in the past, I will simply list the general areas that affected my decision: Client compliance with the percentages of a client’s portfolio being limited to limit their exposure. I was known to be the advisor who talked with compliance before making recommendations to the client. The percentages of risk being allowed changed drastically.
The ability of a client to hold proprietary products: the company went from a mandate to sell proprietary products when a client came into Eddie Jones to promoting their own proprietary products over the years. This was a direct affront to clients who were mandated to sell when I began with Eddie Jones.
The total lack of training and on-the-job guidance that office staff was provided in unusual estate situations with large clients. Then, when the staff messed up under the guidance of home office staff, they were terminated.
Lack of home office and regional support in times of catastrophe leaving the local office to work through the insurance/restoration/ business resumption on their own.
The direct experience where I was asked to consider hiring someone who was threatening a sexual discrimination lawsuit against Eddie Jones. The employee did come to work for me while being subjected to the wrongful behavior of a male advisor. His colleagues literally chastised me for hiring her. She worked through her pregnancy for me…
One of the final blows was being told by home office that I spent too much time with clients. Their suggestion was 5% with current clients with the remainder of my time being spent in client and asset acquisition.
In the spring and early summer of 2010, the production requirements were increased. My client service numbers were really good, and no formal complaints , no legal action ever. We had just lost our office staff as stated above, we had recovered from the loss of a major client due to the death of the client but still retaining and restructuring the assets for the beneficiaries, we had recovered from a total flood of our office, and more. I had been told that the home office staff was there to help, but when I asked for a delay in implementation of the new numbers to allow the actions needed for the clients, I was told I spent too much time with my clients! My response was that they should terminate me right then because of the change in risk limitations, which would only benefit the advisor and the firm–not the client, that my clients were why I was there! They responded that they knew I would meet the new requirements. Six months later, they did terminate me with no notice. They brought in a brand new representative who lasted probably less than a year. There was no transition for my clients. There was no regard for the clients at all. End of story…
I was not a hard-headed realist, I knew what was coming, and I trusted The Universe, I trusted I would find my way, and I did. I used my brain to strengthen me mentally, emotionally, and phsyically. Since then I have improved my health greatly. I trusted me. I am a new person in all regards. I reduced the toxic influence of Eddie Jones and corporate America on my life. My quality of life includes all the ways that will allow me to lve at least another 35 years.
Meditation, social support, close relationships, good sleep, boundless curiosity, the willingness to move forward, taking on new challenges, and believing in my values are all things that I use and most use when they want to retain vitality and age well. It was then that Empower Excellence began. It was an adventure to help clients Make Money Simple and to do the things in their life inspite of “the money”
And now, as I continue developing ways to help others with their money, the idea for a Family Legacy of Financial Wellness is taking shape. And the Legacy is not just “money”, it is a reflection of someone’s values for their life and for those who they care deeply about–it is the Legacy they will leave with everyone they have touched. And, I, with gratitude, will leave my Legacy not only upon my family who have watched me travel this path without wavering because of “the money” but also on friends and clients who at times wondered about my connection with reality…but I am on my way today and into the future leaving a Legacy for all I encounter.
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