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Compensation Throughout your career, you will enjoy unlimited earning potential through commissions. You may also qualify for trimester bonuses and profit sharing. In addition, you could earn incentive trips and over time, there is the opportunity to become an owner in the firm as a limited or general partner. First Year Transition Edward Jones provides significant financial support during your first year, giving you the freedom you need to establish your Edward Jones business. Whether you have minimal or considerable experience, we provide compensation packages that rival any in the industry. We believe there are many reasons to bring your career to Edward Jones. A big upfront check with strings attached, however, is not one of them. Instead, our transition packages provide guaranteed earnings without the golden handcuffs that would contractually tie you to a new firm long term. 
New Producer Transition Package Those qualifying for this package will have a minimum of:
- Three years of industry experience,
- $20 million assets under care, and
- Trailing 12-month gross production of at least $150,000.
For those Financial Advisors that may not meet the production or experience criteria, you may receive a transition package tailored to your particular situation including commissions, bonuses and a salary. Our Producer Transition Package Provides: - An income guarantee based on your current assets under care (AUC)
- A monthly asset-based bonus during the first six months for taking care of your clients during your transition
- A production-based bonus that rewards gross production in year one
Visit www.edwardjones.com/explore to learn all about the compensation and support/assistance this package provides. You can also access our producer transition calculator and enter in your trailing 12-month gross and assets under care hypotheticals to see potential first-year earnings. Milestone Bonuses Milestone bonuses are another exciting way to be rewarded for your performance. These bonuses are designed to recognize and reward the key milestones early in your career. Once you graduate from our training program, you will earn $1,000. If you perform at 100% standard or better, you will earn $3,000 at 4, 8, and 12 months, $4,500 at 16, 20, and 24 months. Additionally, you'll earn $5000 at 28, 32, and 36 months. As an experienced Financial Advisor you may also be paid in five unique ways: - Commissions Based on Your Performance
Payout ranges from 36% to 40%. - Bonuses three times a year
You can earn generous trimester bonuses based on the profitability of the firm and your individual branch office. These bonuses are supplementary compensation designed to reward Financial Advisors, over and above their regular wages if and when their efforts produce a positive financial impact for their branch. The Firm reserves discretion to determine when and if bonuses are paid and the eligibility criteria for receiving a bonus. - Profit Sharing
Historically, 24% of post-bonus profit is paid out in a qualified profit-sharing plan. You are 100% vested from day one. - Incentive Travel Opportunities
Superior performance is rewarded in many ways, one of which is through incentive trips. You may be awarded trips when you succeed in meeting the long-term goals of your clients through diversification of their assets. You may have two opportunities to earn trips each year. It may also be possible to combine the two into one "Super Trip." Destinations include top-notch resorts in places such as Hawaii, Switzerland, the Caribbean, Africa and Paris, to name just a few. All trips include spouses, and many welcome families, too.
Typically, more than half of our Financial Advisors qualify for each trip. Trip value typically ranges from $3,800 to $4,200 for two people or $8,000 for a "Super Trip." Please note that all trips are taxable. Current eligibility criteria is that the Financial Advisor grosses $107,500 in six months and diversifies his/her your business across four of eight categories. The Firm reserves the right to change the eligibility criteria and to determine when and if Incentive Trips are awarded.
Take a sneak peak into the exciting destinations of our 2010 incentive travel program » - Potential to Become a Partner in the Firm
Edward Jones’ parent company, The Jones Financial Cos., is a partnership. You may be offered limited and/or general partnership later in your career. Partnership selection is based on your branch profitability, how well you demonstrate leadership in industry and ethics, as well as your assistance to others in your region and in the firm. Go here to learn more about the Edward Jones partnership and how it impacts our culture.
A Comprehensive Benefits Package An Edward Jones Financial Advisor’s total return includes more than just a paycheck. Edward Jones provides access to a comprehensive package of benefits. Standard benefits, which are provided at no cost to you, include basic life insurance, basic accidental death and dismemberment insurance, income continuation plan for short-term disability, profit sharing and tuition reimbursement. Optional benefits, such as medical and dental coverage, will be subsidized by the firm for the first 42 months for licensed candidates who are not eligible for the producer transition package described above. Other optional benefits offered by Edward Jones include long-term disability, supplemental life insurance, supplemental accidental death and dismemberment insurance, dependent life insurance, long-term care insurance, heath care reimbursement account, dependent day care reimbursement account, 401(k) plan, after-tax plan and investment savings plan.
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