“The young do not know enough to be prudent, and therefore they attempt the impossible – and achieve it, generation after generation.” ~Pearl S. Buck, Pulitzer Prize recipient, Nobel Prize in Literature
Attempting the impossible – and achieving it perfectly describes Jeremy’s career in the finance industry. Barely 20-years-old he became a financial advisor with Edward Jones Investments. Shortly thereafter, he was traveling to the firm’s headquarters in St. Louis, Missouri on a regular basis to train their investment advisors in his role as a “Visiting Mentor.”
As Jeremy McGilvrey’s success grew, so did offers from virtually every major financial planning firm. Against the better judgment of many of his close friends at Edward Jones, he was persuaded to join forces with Merrill Lynch as a vice president to their High Net Worth Division.
However, before long, Merrill’s philosophy of maximizing commissions instead of maximizing returns began to make Jeremy feel uncomfortable. Furthermore, consistently being forced to sell clients what they want, rather than what they need did not sit well with him either. Eventually, these malevolent tactics drove him away.
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