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WealthTechJones Reps Paying More for New TechnologyJones Reps Paying More for New Technology
With the phase-in of its new computer system within the past two years, Edward Jones has increased the monthly cost of technology for reps to $1,300 from $900, Jones reps report. An additional $1,000 monthly cost is absorbed by the firm, according to a presentation given to reps by the firm.Some Jones reps are griping about the increase. One Jones broker from the South says: Theyve saddled us with