How are Edward Jones advisors compensated?
Financial advisors at Edward Jones are primarily compensated on a straight commission basis. They get paid by selling customers financial products that generate commission revenue to the firm and themselves. Most financial advisors in the broker-dealer industry are paid on a roughly similar model.
What is the Commission for Edward Jones?
Edward Jones Review – High Fees, Poor Reviews
Edward Jones Details | |
---|---|
Trade Transaction Fee | $4.95 |
Trade Commissions | Up to 2.50% |
Management Fee | 0.50% to 1.35% |
Account Type | Roth, Traditional, SEP, SIMPLE, 529, Taxable |
How much do Edward Jones general partners make?
How much does a General Partner at Edward Jones make? General Partner salaries at Edward Jones can range from $324,237-$392,785.
How much are Edward Jones bonuses?
What is the Bonus Pay by Department at Edward Jones? The departments at Edward Jones that have the highest annual bonuses are Sales, with an average bonus of $48,454, Communications with an average bonus of $47,297, and Business Development with an average bonus of $37,358.
Does Edward Jones give bonuses?
We help you secure your financial future with a compensation program that rewards you based on the success of the firm – and your individual performance. Our firm trimester bonus program is flexible. It’s driven by the profitability of our branch teams – expanding in strong markets and contracting in leaner times.
Is Edward Jones a good employer?
Edward Jones also ranked as a Best Workplace for Millennials, a Best Workplace for Parents and a Best Workplace for Women in 2020, and a Best Workplace in the Financial Services and Insurance industry in 2021 by Great Place to Work® and FORTUNE.
How does Edward Jones charge its clients?
For its Guided and Advisory accounts, Edward Jones charges an asset-based fee based on how much you have invested with the firm and the services provided. The flat fee is based on a tiered schedule, ranging from 1.35% for your first $250,000 invested down to 1% or less for $1.5 million or more invested.