Edward Jones is a Fortune 500 company which offers excellent compensation for its financial advisors. Is there a way to do a fee-based business part time on my own while I take another part time job so I don't let down my clients who came over for me, not the firm? Other companies that offer high salaries for this role include Edward Jones Investments and Hanger Prosthetics & Orthotics Incorporated, earning around $19.01 and $15.71… A free inside look at company reviews and salaries posted anonymously by employees. I work as an advisor myself, tough job starting out for most people, work for a different firm luckily. Edward Jones is a brokerage firm that provides investment advice to individuals. Search 15 Edward Jones jobs now available on Indeed.com, the world's largest job site. I dont mind answering any more specific questions either. Don't. Pros. In return for helping him out with marketing (long-term client acquisition for him) he'll put some C-book clients in your book of business (short-term client acquisition for you). But I could always go to Fidelity. There is a reason that Edward Jones is consistently rated the best firm to work for in our country. A lot of advisors are looking for a succession plan. Edward Jones provides thorough training and a wide network of support. Average Edward Jones hourly pay ranges from approximately $11.93 per hour for Office Assistant to $25.79 per hour for Financial Advisor. I want to break into wealth management or investment banking but it seems little too late. FYI: I talked to a FA and got a CD about being a broker and I was literally told thats what they expected. View Jobs at Edward Jones. The typical Edward Jones Programmer Analyst salary is $59,939. 3. Intern Salaries posted anonymously by Edward Jones employees. Edward Jones pays its employees an average of $56,335 a year. This estimate is based upon 15 Edward Jones Programmer Analyst salary report(s) provided by employees or … 2. Do you have any idea on how to find a gig like that? take care man. How feasible is it to go on my own and do fee-based? Employees in the top 10 percent can make over $144,000 per year, while employees at the bottom 10 percent earn less than $40,000 per year. The chances of working for a horrible FA and a great one are 50/50. 1.1k Inter­views. 2,823 Edward Jones reviews. But my experience was that there were so many people vying for opportunities in participant services that to be successful you had to be willing to get you 7 and branch out. Comission is maxed out as far as payout percentage in year 4. Financial Advisor salaries at Edward Jones can range from $30,000 - $310,343. Programmer Analyst salaries at Edward Jones can range from $42,230 - $101,538. This estimate is based upon 10 Edward Jones BOA Branch Office Administrator salary report(s) provided by employees or estimated based upon statistical methods. Wasnt there an issue, and I am genuinly asking, as I know nothing about your field, several years ago, with someone in your company that mishandled a large portfolio or fund? A worker with the title finance advisor salary at Edward D Jones & Co LP can earn an average yearly salary of $144,685. Salaries at Edward Jones range from an average of $31,890 to $112,760 a year. The typical Edward Jones Financial Advisor salary is $41,396. The comments about Edward Jones being different from many other firms is spot on. New comments cannot be posted and votes cannot be cast, More posts from the FinancialCareers community. This estimate is based upon 1 Edward Jones Financial Advisor salary report(s) provided by employees or estimated based upon statistical methods. Average Edward Jones Office Administrator hourly pay in Canada is approximately $17.34, which is 13% below the national average. ... 422 Edward Jones jobs, including salaries, reviews, and other job information posted anonymously by Edward Jones employees. Edward Jones sadly seems like a great deal at first but pay from research i did is very little compared to other firms only nice part about it is the salary they give you in the beginning. Salaries at Edward Jones range from an average of $31,890 to $112,760 a year. working in wealth management makes sense in only 3 scenarios. So: 1. I worked for a large firm call center taking calls from 401k participants for a few years before changing states to help an elderly family member (can't give more details, because I tell this story to clients all the time). come on man. You won't know until you're in. Can you provide empirical data that shows paying sales charges, and higher annual management fees can offset just going it alone, and buying a similar allocation of low-cost funds? Power 2007, 2008, 2010, 2012-2015, 2017-2019 Financial Advisor Satisfaction Studies of investors’ satisfaction with their financial investment firm. No cross post, though I'm not surprised that it's a common theme. They want their money to grow and not worry, we find ways to do that. Edward Jones is a bit more of the pre-made style, in that they're there to guide you to certain investment choices, but you make the decision based on their expertise. 1,609 reviews from Edward Jones employees about Edward Jones culture, salaries, benefits, work-life balance, management, job security, and more. Hi all, I'm in the final steps of interviewing with Edward Jones and I just stumbled upon this subreddit-- most here at r/personalfinance seem to have a less than flattering view of the company. Therefore we will recommend actively managed mutual funds that may have an upront sales charge. The average Edward Jones salary ranges from approximately $28,751 per year for Office Administrator to $59,062 per year for Financial Advisor. Normally this is done in the first 2-5 years depending on the success. You must enjoy working alone, and possess the initiative and confidence to … I've heard that before. Stock Bonus, Commission Sharing, Tips have not been reported for this role The typical Edward Jones BOA Branch Office Administrator salary is $41,431. Most mutual funds are $250, if you want to start investing monthly it is just $50. Depending on the BD they might have minimum production levels--definitely do your homework--but a junior/"apprentice" advisor role would be a great way to get in. How much does Edward Jones in the United States pay? It turned out that they have a certain amount of phone numbers, contacts, accounts, households, commissions etc that you have to get within a certain period of time or they make an "employment decision". Our philosophy is Buy and Hold quality investments. melsbootstoots here July 20th, 2011 at 12:24 am. Average Edward Jones Financial Advisor yearly pay in Canada is approximately $55,558, which meets the national average. It bothers me because they say you're working for yourself and that you can run it how you want, but really you can't. I currently work the role you used to be in (participant service rep) - just wondering what the career trajectory is like? 5. Usually if an advisor is proven to have mishandled an account it will go to courts and the company will have to settle with the client. Opened Edward Jones office in my city. As with most sales positions, though, compensation is heavily performance-based. Edward Jones salaries are collected from government agencies and companies. The mutual fund company charges this fee, not Edward Jones. If you're in a firm like Vanguard or Fidelity, there are career opportunities. I can't picture working in a FA capacity like with Edward Jones. For being such a large firm, they offer a positive work culture like no other. Power 2007, 2008, 2010, 2012-2015, 2017-2019 Financial Advisor Satisfaction Studies of investors’ satisfaction with their financial investment firm. 4.6k Salaries. I used to work a wirehouse and every 3 months you had to bring results or it was out the door. Flexibility and the ability to customize your approach. Edward Jones pays its employees an average of $56,026 a year. At Edward Jones we try to sell ideas more so than returns. We posed 10 questions to financial expert John Rahal, Principal, Financial Advisor Talent Acquisition, who has worked roughly 17 years with Edward Jones. Unfortunately my old company doesn't have offices in my current state. Before working with an advisor, investors are wise to research Edward Jones reviews and history. Not surprisingly, it takes certain unique skills and traits to become a financial advisor at this large investment firm. This is the Edward Jones company profile. One of my colleagues actually came from Edward Jones just switched over (probably paid less) because he needed stability - was starting a family. Financial Advisor salaries at Edward Jones can range from £23,859-£25,857. Edward Jones … Edward Jones … I've been in for 7 months. You might make more money with EDJ, but that is not what makes us who we are. 54 reviews from Edward Jones employees about working as a Financial Advisor at Edward Jones. So probably not there. And do you think it would pay AT LEAST 40k? The Salary is hourly, paying $30K-$36K a year. A free inside look at Edward Jones salary trends based on 4562 salaries wages for 639 jobs at Edward Jones. Reply. Every Edward Jones advisor is expected to do this to build a business. Why would I want to work with you, when evidence seems to show that investing in an index fund on my own will net me overall better long term returns than just about any other choice and save me a boatload in fees as well? Once established I will not do that. same allocation, better management, better results in down markets or in this case flat market. The idea is that with me you get someone who can answer questions about how much should I save in my IRA this year. For instance, investing in American Funds Investment company of America overtime would have outperformed investing into a similiar S&P 500 index. One would think Edward Jones could provide guidance on this, but every time I ask my EJ guy, he's evasive. A free inside look at company reviews and salaries posted anonymously by employees. lol dude you expected to coast easy for 3 years? 2,823 Edward Jones reviews. For this reason, I'm second guessing if it'd be a good decision to even try for this job. Edward Jones received the highest score among employee advisors in the J.D. Average Edward Jones hourly pay ranges from approximately $11.93 per hour for Office Assistant to $25.79 per hour for Financial Advisor. Yes I literally go knock on doors to obtain clients. 54 reviews from Edward Jones employees about working as a Financial Advisor at Edward Jones. hope this helps. They told me that a typical Edward Jones office has 2 people- the Financial Advisor and the BOA. Salaries at Edward Jones range from an average of $31,489 to $113,865 a year. With 14,000 financial advisors ready to provide guidance for your retirement, wealth management and insurance needs. Salaries at Edward Jones range from an average of $31,890 to $112,760 a year. 102 reviews from Edward Jones employees about Edward Jones culture, salaries, benefits, work-life balance, management, job security, and more. A free inside look at Edward Jones hourly pay trends based on 2 hourly pay wages for 2 jobs at Edward Jones. If you like this kind of field just I recommend finding a better place to go to. Edward Jones sadly seems like a great deal at first but pay from research i did is very little compared to other firms only nice part about it is the salary they give you in the beginning. Year two my salary is cut in half as comission is raised, and year 3 salary is zero. Edward Jones is a leading company in the financial services industry that takes a personal approach to advising clients. 2,995 Edward Jones reviews. With many physical locations around the United States, Edward Jones is able to provide a personal approach to their clientele in the communities they serve. By all company metrics, I was very successful. BOA Branch Office Administrator salaries at Edward Jones can range from $32,908 - $95,316. Press J to jump to the feed. Edward Jones received the highest score among employee advisors in the J.D. 2,742 Edward Jones reviews. I have numerous friends who I stay in touch with there that say that it was much easier for them to make progress by leaving the department because there was less competition. I left on my own volition for a variety of reasons, both personal and professional. Jones Financial Advisor salary report ( s ) provided by employees or estimated based upon methods! Votes can not be cast, more posts from the FinancialCareers community out as far as payout percentage year. As diverse and deluxe as I had initially thought the role you used to work a and! To start investing monthly it is very apparent that employee satisfaction, community involvement, and open for.! 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