Registered Rep.spoke with Jim Weddle, CEO of Edward Jones, about the firm's new fee-based platform, which it began to roll out in June. RR: What inspired the development of this program? JW: Well, we did a lot of research both among our clients...
It's a familiar drama in the schoolyard and in business too: One day a kid comes along with some cool new toy instantly supplanting the previously reigning cool kid and winning schoolyard prestige. The registered investment advisory (RIA) industry...
Edward Jones at a Glance Total client assets: $539 billion Number of advisors: 10,136 Average annualized revenue per advisor: $291,229 Pretax profit margin: 11.39% Motto: Making Sense of Investing Best Management move: (Finally) Developing a fee...