Edward Jones vs. the Competition Becoming an Edward Jones Financial Advisor is a unique opportunity. You will be self-reliant, running a business from your own office in a local community you serve. You’ll have the personal freedom to set your schedule, choose clients and best determine how you can help them achieve their long-term goals. Yet, you’ll also have unrivaled headquarters support and a full-time assistant dedicated solely to you. Continue below to see how Edward Jones differs from: Independent Advisors and Banks. Edward Jones vs. Independent Advisors
- Edward Jones offers no proprietary products
- You don’t pay to clear your trades and your own licensing fees
- You don’t pay your personal assistant’s salary, bonuses, training or benefits
- You don’t cover the full costs of office rent, furniture, utilities, phone, and postage
- Technology (computer, upgrades, etc.) is covered by the firm
- We offer free access to powerful research and research teams
- You don’t have to arrange and pay for your own legal and compliance assistance
- You have access to a variety of marketing materials, advertising and seminars already available for use
- You can focus on client relationships rather than administration and other non-selling functions
- You have the opportunity for incentive trips, partnership, profit sharing and bonuses
- The firm keeps track of and pays for CE credits
- You don’t pay for errors and omissions insurance
- You don’t pay for training (CFP designation)
Edward Jones vs. Banks
- You’ll receive higher payout on commissions
- Your commissions and trails are not placed into grids
- You’ll work from and run your own single-advisor office
- You’ll have your own full-time assistant paid for and trained by the firm
- You’ll have access to extensive headquarters support
- You’ll enjoy a known compensation structure
- You'll have access to a wide range of mutual fund and insurance vendors
- You can receive incentive trips, profit sharing, and partnership opportunities
- There’s no pressure to sell proprietary products
- You’ll have access to comprehensive research
- You’ll receive ongoing training throughout your career
- You don’t have to focus on bank products and services rather than brokerage
- You’ll enjoy unlimited earning potential based on your and firm’s performance (whereas now maybe you can't earn more than the bank VP)
- Opportunities for due diligence training trips are not limited to top producers
- You’ll have a variety of marketing materials, advertising and seminars already available for use
- Greater focus on technology and contact management than perhaps you’re used to
- You’ll be freed up from administration and paperwork, letting you spend more time advising clients
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Why Edward Jones?
If you think Edward Jones is like every other large investment firm, think again.
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