How Much Does A Financial Advisor Make At Edward Jones

How Much Does A Financial Advisor Make At Edward Jones In the past certain financial advisors have had the opportunity to make a limited partnership investment in Edward Jones parent company The Jones Financial Companies L L L P JFC a Missouri limited liability limited partnership As of January 1 2020 over 24 000 Edward Jones associates including financial advisors branch office

60 642 per year 21 Below national average Average 60 642 Low 14 000 High 149 000 Salary estimated from 55 employees users and past and present job advertisements on Indeed in the past 12 months Last updated December 29 2023 Compare all Financial Advisor salaries in the United States Job Openings 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 With all our options your financial advisor helps you by

How Much Does A Financial Advisor Make At Edward Jones

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As an Edward Jones financial advisor how much you earn is determined by you your business plan your drive and how deeply you serve your clients You won t bump into an arbitrary cap on earnings or a branch manager taking a share of the profits 73k Avg Base Salary USD 7k Avg Bonus 3 8 Reviews Find out what you should be paid Use our tool to get a personalized report on your market worth What s this Location United States change

The average salary for a Financial Advisor is 51 331 in 2024 Base Salary 34k 94k Bonus 3k 117k Profit Sharing 2k 26k Commission 10k 395k Total Pay 44k 455k Based on 36 Edward Jones compensation and fees At Edward Jones we believe that the best investor is a well informed investor 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

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Page 4 of 11 Edward Jones Financial Opportunity Profit Sharing As discussed earlier Edward Jones believes those who share in the work should also share in the rewards One way the firm s success is shared is through profit sharing Historically Edward Jones has given approximately 24 of pretax earnings As an Edward Jones Financial Advisor we have the backing of an established company with a 100 year history all along the way Interested in the Edward Jones Financial Advisor Opportunity Learn more about starting a career as a financial advisor or start searching for opportunities now

National Financial Advisor Salaries in 2021 50th Median 100 00 208 000 As you can see above the lowest 10th percentile of financial advisors earned just 44 100 Meanwhile the top 10th percentile made over 208 000 or about five times as much One factor that drives this gap is industry concentration as financial advisors often Your Edward Jones financial advisor can help you understand the different types of investments and the related risks and returns Length of investment Enter the number of years you plan to keep your investment in your account Compare the difference in growth if you start investing today compared to 10 years from now

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How Much Does A Financial Advisor Make At Edward Jones - And Edward Jones says that this annual fee does include internal investment expenses The management fee also referred to as the program fee begins at 1 35 for an investment of 250 000 It scales down from there reaching a rate of 0 50 for assets valued over 10m