More in Edward Jones

Nov. 1, 2011

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Reit Red Flags

Five things to watch out for when evaluating REITs...More
Oct. 1, 2011

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Sales Assistant Survey 2011: Belt Tightening

Registered Rep.'s annual survey of financial advisory support staff shows they're doing more with less....More
Sep. 21, 2011

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21st Annual Advisor Report Card: Does your firm make the grade?

Dear Registered Rep. Reader: How does your firm measure up to others in the industry? How do other investment professionals rate their own companies? If you work for one of the national firms, we’d like to hear from you (Edward Jones, JP Morgan Chase, ......More
Aug. 5, 2011

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New Industry Group Aims to Support Minority Advisors

Sometime in the next couple of months, George Clarke, an African American advisor with Diversified Investment Group in Silver Spring, Md., plans to launch a new non-profit organization aimed at supporting financial advisors of color and creating awareness of some of the unique issues they face in the industry....More
Jul. 19, 2011

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Bank of America Gains 500 Financial Advisors, Client Balances Slip

BofA's Global Wealth and Investment Management, which includes Merrill Lynch, reported $506 million in net income for the quarter. Merrill Lynch contributed the bulk of revenues, with $3.5 billion, up from $3.1 billion a year ago....More
Jun. 6, 2011

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Wall Street Brokerages Set For More Advisor Defections?

Another wave of financial advisor defections could be just around the corner, says an Aite Group report. Switching for big signing bonuses spiked during the recent financial crisis when Wall Street’s biggest brokerages merged or were acquired. But it died down a bit after Merrill Lynch and Morgan Stanley offered their financial advisors retention packages....More
May 4, 2011

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Edward Jones Aims to Quadruple Veteran Hires

Edward Jones is changing tack a little bit. Long known as a firm that trains greenhorns and career changers from the ground up and then holds onto them (mostly) for life, the firm is getting serious about recruiting experienced financial advisors....More
Dec. 6, 2010

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Broker Report Card 2010. Edward Jones: Cooling It On The Kool-Aid

Well, this is a first. Edward Jones, which has ranked in at number one for 17 consecutive years in the popularity contest that is Registered Rep.'s annual broker report card, actually saw its rating drop by nearly a full point in 2010, to 8.5 out of 10 ......More
Dec. 1, 2010

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The Big Comeback

The major full-service brokerage houses are in various stages of recovery, whether from the financial crisis or merger integration. How are they doing? Check out our 20th Annual Broker Report Cards....More
Nov. 8, 2010

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Merrill Strengthens Golden Handcuffs For New Hires, Recruits Small Fry 1

Merrill Lynch released a new broker recruiting deal a few weeks ago—with two major changes. First, a new hire must now stick around for 14 years instead of nine to get his entire recruiting bonus, and all of the back-end money is now deferred. Second, the firm is now offering recruiting bonuses to fourth quintile advisors....More
Oct. 18, 2010

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20th Annual Brokerage Report Card: Does your firm make the grade?

Do you want to know how your firm stacks up against others in the industry? How other investment professionals rate their brokerage firms? Fill out Registered Rep.’s Brokerage Report Card confidential survey, and you’ll get an answer! Last few days to participate!...More
Jul. 19, 2010

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Edward Jones, RBC top J.D. Power investor survey

Edward Jones topped annual investor satisfaction rankings compiled by J.D. Power and Associates for the second consecutive year, with RBC Wealth Management a close second, according to the study released yesterday. (See how they rated.) Overall investor satisfaction with the dozen companies in the study was markedly higher this year, although the survey also showed that investors increasingly believe that investment firms are more focused on profits than on customer satisfaction....More
Jul. 1, 2010

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Apologies To Edward Jones FAs

In our June issue, we wrote a story detailing Ed Jones' new increased production expectations (“Jones Raising Production Expectations,” June 2010). It was, in general, a positive story noting Ed Jones' support in trying to lift the business fortunes of ......More
May 26, 2010

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More Changes at Edward Jones, Chief Strategist Alan Skrainka Out

After 28 years with Edward Jones, and 14 years as the firm’s chief market strategist, Alan Skrainka was let go from the firm on Friday. According to a Jones spokesperson, Skrainka was ousted due to “his use of written materials without giving attribution.”...More
May 13, 2010

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Edward Jones Top Advisor Attrition Remains Rock-Bottom, Says Weddle

After Edward Jones lost two top producing reps and increased production expectations last month, some media outlets and recruiters made a lot of noise about rising advisor defections at Edward Jones. The truth is, Edward Jones attrition remains enviably low. Below, a wide-ranging interview with managing partner Jim Weddle....More
Apr. 29, 2010

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Edward Jones Raises FA Production Expectations

Edward Jones, now about 90 years old, “has prospered by dispensing buy-and-hold wisdom to small clients in small places.” That’s how we put it on our April 2006 cover story on the firm. But now Edward Jones is doing something very modern and very Wall Street: Like other firms, Jones is lighting a fire under its advisors’ feet to increase production....More
Dec. 1, 2009

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Edward Jones, Masters of the (Good) Status Quo

It must be exhausting to be an Edward Jones advisor. Jones reps express an ardor for their firm that is so strong that it puts off non-Jones FAs (just visit our advisor forum on RegisteredRep.com to see the sometimes acrimonious back-and-forth). Indeed, ......More
Jul. 22, 2009

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Edward Jones, LPL, Schwab: Keeping Clients Happy

FAs, you better be at the top of your game. An investor’s relationship with his financial advisor now drives his level of satisfaction with his firm and his portfolio more than anything else—including convenience, investment performance, account offerings, account statements or fees—according to a recent survey of U.S. full service investors by J.D. Power and Associates....More
Jun. 11, 2009

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FINRA Board Gets New Members; LPL, Ed Jones, Deutsche Replace Merrill, Lehman, ING execs

Four new members were elected to the FINRA Board o Governors today: LPL Chairman and CEO, Mark Casady, took over the Independent Dealer/Insurance Affiliate seat from John Simmers, former Chairman and CEO of ING Advisors Network, who stepped down from that position on April 16....More
Jan. 1, 2009

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Knock, Knock. Who's There? An Elated Edward Jones Advisor.

Jones advisors are happy—very happy. What’s with those guys anyway?...More
Dec. 1, 2008

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Edward Jones: Drinking The Kool-Aid

What's in the water supply at Edward Jones? For the 16th consecutive year, the firm scored the highest overall approval rating (9.4) on our Annual Broker...More
Jun. 5, 2006

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Edward Jones’ to Pay for Revenue Sharing, Still Faces Civil Complaints

Edward Jones forced to pay back $75 million to clients to pay for revenue sharing...More
Apr. 1, 2006

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Keeping Up With the Joneses

Edward Jones has a unique approach, an 84 year tradition - and a host of challenges. Can Jim Weddle bring the company into the 21st century and preserve its core strengths?...More
Jan. 9, 2006

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Ed Jones, AG Edwards, Baird: Great to Work For

Three regional brokerage firms made Fortune magazine’s top 100 companies to work for this year: Edward Jones, AG Edwards, and Robert W. Baird...More
Dec. 1, 2005

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Edward Jones: Whistle While You Work

Financial advisors working at Edward Jones seem to be living a charmed life. Don't believe us, just ask them. When invited to rate the quality of life...More