Company Profile
Edward Jones
Company Overview
Edward Jones is a leader in the financial services industry, but we take a personal approach to business that starts with a face-to-face meeting between an Edward Jones financial advisor and an investor.
We believe that building long-term relationships with our clients and placing individual branch offices in the neighborhoods where investors live and work are key to serving our clients' needs.
In a world increasingly dominated by impersonal, cost-cutting initiatives - where many in our industry seem intent on replacing human contact wherever possible - we believe that conducting business on a personal, one-to-one basis is the best approach.
Our Mission
We help individuals achieve their serious, long-term financial goals by understanding their needs and implementing tailored solutions.
Company History
Edward Jones serves nearly 7 million investors and we have more offices than any other investment firm in America. We attribute a great deal of our success to our principles and personal, long-term approach to investing.
Edward Jones has consistently been ranked among the best companies to work for by FORTUNE Magazine and our employees tend to stay with us for years. Since we're still a privately owned company, Edward Jones has a very personal feel that's almost like family. And we're very proud of that.
To learn more please visit http://careers.edwardjones.com/explore-edward-jones/history.html
Notable Clients
Individual investors
Notable Accomplishments / Recognition
- Fortune Magazine Best Place to Work 14 consecutive years in the top 10 ranking. Ranked No. 6 in 2015.
- JD Power, 2015, ranked "Highest in Employee Advisor Satisfaction among Financial Investment Firms", 7 times in a row.
- Great Place to Work® and Fortune Magazine, 2015. Edward Jones ranked No. 10 on the inaugural list of 100 Best Workplaces for Millennials in the U.S.
-WealthManagement.com / REP. Magazine, 2014. Edward Jones ranked No. 1 in WealthManagement.com/REP. magazine's annual Broker Report Card.
- Glassdoor, 2015. Edward Jones Managing Partner Jim Weddle named a Glassdoor highest rated CEO in 2015.
Benefits
Our philosophy
Working at Edward Jones offers many rewards, and our commitment to sharing the firm's success with those who create it makes our total return different from that of other firms. We recognize individual efforts through a competitive reward program and a unique culture that promotes a long-term career, contributes to your financial security and encourages you and your family's well-being.
When Edward D. Jones Sr. established our firm, he created the precedent of treating all associates as business partners, not simply employees. Ted Jones expanded upon this concept to grow an organization based on a partnership spirit and on the philosophy that those who share in the work can share in the rewards.
Compensation
Edward Jones helps you secure your financial future with a compensation program that rewards you based on the success of the firm and your individual performance.
•Our base pay compensation program is competitive with the external marketplace.
•The trimester bonus program is flexible, providing higher reward potential during periods of strong firm performance.
Just as our firm is based on long-term relationships with our clients, our compensation programs are designed to encourage a long-term relationship with associates.
Retirement Plan
The Edward Jones retirement plan consists of two parts - 401(k) and profit sharing. Unlike other employers' plans, which provide a simple 401(k) matching contribution, the Edward Jones plan puts the emphasis on the profit sharing component - a firm contribution as a percentage of your paid compensation for the year, made to your account on a pre-tax basis.
•Profit sharing, while not guaranteed, is tied to the firm's profitability, allowing the opportunity for larger contributions to your retirement savings in years of success, compared to a flat 401(k) match. Historically, the contribution has averaged over 4% of an associate's total compensation (including bonuses). You're 100% vested on day one.
•The 401(k) portion of the retirement plan is intended to give you additional security for retirement. For some associates. The firm matches your pre-tax and Roth contributions dollar-for-dollar up to $500 a year.
Health and Well-being
Edward Jones offers full time associates access to an affordable medical plan that encourages you and your family's well-being and limits your financial exposure if you have significant medical expenses.
Medical Plan
The firm makes a significant investment in subsidizing health and wellness benefits for associates, paying for the majority of premium rates and providing access to discounted services through our health plan vendors.
Other Benefits
•Dental and vision
•Life insurance and disability
•Paid holidays and vacation
•Paid sick leave
•Tuition reimbursement
•Security purchases with discounted commissions
HQ Investment Services
U.S. headquarters associates have access to our Financial Advisors and Client Service Specialists who provide information and personalized services to help associates achieve their financial goals. We also deliver classes and programs on investing and personal finance. In addition, Edward Jones associates can benefit from the Retirement Consultation Group, a dedicated resource within HQ Investment Services, available to help associates prepare and transition into retirement.
Note: Part-time associates are not eligible for all benefits.