How Do Edward Jones Advisors Get Paid

How Do Edward Jones Advisors Get Paid The following document explains how we are compensated because we want you to be fully aware of the costs and fees you pay and the compensation we receive for the products and services we provide Understanding how we are compensated for Financial Services PDF Table of contents Section 1 How you and your financial advisor work together

Commission payouts start at 9 10 and increase up to 27 30 during your first four years as a financial advisor based on certain criteria and tenure as a financial advisor We anticipate financial advisors will increase their commission payout approximately every 12 18 months In year five your commission payout will increase to 36 40 Job one Hit the books Your first assignment will be to study for your industry exams To become registered to offer securities state and federal laws require that all financial advisors pass General Securities Registered Representative Examination Securities Industry Essentials SIE Series 7

How Do Edward Jones Advisors Get Paid

How Do Edward Jones Advisors Get Paid
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How Do Financial Advisors Get Paid
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How Financial Advisors Are Paid And Why It Matters Financial
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Account costs and fees Working with an Edward Jones financial advisor means you have a partner who deeply understands you and your goals Understanding your costs and fees is an integral part of that partnership We ve designed our account options so you can choose the approach that works for you Which are paid on a trimester basis approximately 80 of financial advisors who joined Edward Jones from other firms remain today For experienced financial advisors considering a

Citi drops banking products with EJ while EJ drops all 1 year non solicitation clauses from ALL old and new FA contracts in California due to read forced CA s new law effective 1 1 24 If we act as an agent your trade confirmation will display the commission you pay which may be up to 2 of the dollar amount you buy and up to 75 of the dollar amount you sell If you buy a CD from our inventory or sell a CD that we purchase directly from you we act as a principal

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Edward Jones and other large firms accounted for much of the increase in the number of certified financial planners last year according to the CFP Board which administers the credential The According to new figures from Certified Financial Planner Board of Standards Inc there were 6 089 new CFP certificants last year with Edward Jones leading the way by adding a record 1 000 new

For every 1 million in qualified new assets you bring to the firm you can earn 4 000 through year 4 and 2 000 in year 5 Sample compensation schedule for Emerging Producers These numbers are based on average Emerging Producer actual compensation Not all financial advisors will receive this compensation As applicable or by speaking with your financial advisor B nvesting at Edward Jones I We know you re not just investing you re investing with a goal in mind One of the first conversations you and A portion of the fees paid by issuing companies to Broadridge Investor Communications Solutions Inc an unaffiliated third party

Account Options Edward Jones
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How Do Edward Jones Advisors Get Paid - If we act as an agent your trade confirmation will display the commission you pay which may be up to 2 of the dollar amount you buy and up to 75 of the dollar amount you sell If you buy a CD from our inventory or sell a CD that we purchase directly from you we act as a principal