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The Adviser Center: Edward Jones - InvestmentNews
Edward Jones

Edward Jones

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12555 Manchester

St. Louis, MO 63131

314-515-2000

edwardjones.com

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Company Overview

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For over 90 years, Edward Jones has focused on being the first choice of the serious long-term, individual investor. The firm manages $1 trillion in assets under care with a single goal: providing tailored solutions for clients through community-based Financial Advisors. When experienced Financial Advisors move to Edward Jones, they enjoy the autonomy and support to build and run their practice. Edward Jones provides office space, a branch office administrator, equipment and resources, a robust product offering and research, as well as extensive support through mentors, regional leaders and experts at the home office to help experienced advisors take their practice to the next level. In fact, the On Wall Street 2016 Financial Advisor Compensation Study ranked Edward Jones compensation highest across production levels $2 million, $1 million and $600,000, compared to wirehouses, super regionals and regionals. (Source: On Wall Street, April 2017.)

SEE WHY EXPERIENCED ADVISORS MOVE TO EDWARD JONES.

The Edward Jones business model is attractive to experienced Financial Advisors because it offers something unique. In a partnership, without quarterly demands from shareholders, Edward Jones is able to invest in technology and training to meet the changing demands of our industry. Financial Advisors are empowered with the tools they need to help their clients meet their financial goals and achieve long-term success.

Stifel team managing $800 million moves to Wells Fargo

October 25, 2019 - Manuel "Manne" Palan, Pamela A. Glaser and Danny Shoshnik, who managed $800 million at Stifel Nicolaus, have moved to Wells Fargo Advisors. [More:​ See more adviser moves in InvestmentNews' Advisers on the Move database.] The advisers, who are based...

Focus on these steps for boosting D&I in advice industry

September 10, 2019 - "Don't compare yourself, be yourself." This is the number one thing I tell the diverse financial advisers I meet and mentor at Edward Jones. In other words, "run your own race." The financial services industry is more diverse than ever before, but diversity...

As Wells Fargo seeks CEO, toll on stock hits $24 billion

August 20, 2019 - At Wells Fargo's town hall meetings, executives have fielded countless questions from employees about efforts to resolve scandals that erupted almost three years ago. One looming topic hasn't come up recently: Who will run the bank? While the abrupt exit...

Broker barred for excessive trading that cost clients $1.8 million

August 16, 2019 - The brokerage industry's regulator has barred broker Gregory T. Dean from the industry for excessively trading customer accounts, which led to $1.8 million in losses for clients but generated hefty commissions for him. Mr. Dean, formerly registered with...

Finra bars former Edward Jones rep involved in expense investigation

August 2, 2019 - The Financial Industry Regulatory Authority Inc. has barred former Edward Jones representative Beth Hamilton for failing to appear at a hearing looking into her expense account filings. (More:​ Finra fines former Morgan Stanley rep $5,000 over meal...

CFP Board to announce possible delay of new fiduciary standard

July 12, 2019 - The Certified Financial Planner Board of Standards Inc. will announce by next week whether it intends to delay enforcing an expanded fiduciary standard for financial advisers who hold the group's CFP mark. During a webinar Friday afternoon, the organization's...

Finra panel awards $513,715 to divorcee who says Edward Jones rep favored husband

June 26, 2019 - Finra arbitrators awarded $513,715 to a North Dakota woman who claimed Edward Jones improperly delayed payments to her following a bitter divorce because its representative favored her ex-husband. The three-person Financial Industry Regulatory Authority...

Finra dings Edward Jones for underreporting alleged damages in customer complaints

June 20, 2019 - Over a two-year period, Edward D. Jones & Co. understated alleged damages in nearly 80 customer complaints, according to a settlement announced Wednesday with the Financial Industry Regulatory Authority Inc. From April 2016 to March 2018, Edward Jones...

Edward Jones loses round in court against former broker who defected to Ameriprise

June 14, 2019 - Edward D. Jones & Co. on Thursday suffered a setback in its fight to recoup client assets from a former broker who bolted to rival Amerprise Financial Services earlier this year. A state judge denied Jones' request for a temporary restraining order against...

Trump tariffs have wiped out most families' tax-cut gains

June 7, 2019 - President Donald J. Trump's trade wars have already wiped out all but $100 of the average American household's windfall from Mr. Trump's 2017 tax law. And that's just the beginning. That last $100 in tax-cut gains also could soon disappear — and then...

    Notes
  • N/A = Not available
  • N/D = Not disclosed
  • — = Information not available or not disclosed

All 2011-2016 recruitment and staffing data is as of Dec. 31 in the calendar year displayed. Prior year recruitment and staffing data is as of Sept. 30. All financial figures are for firms' year end, unless noted.

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