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Insider Stories Series:
Compensation

This episode features Edward Jones Financial Advisors Jill Hitchcock and Bryn Henderson discussing Edward Jones’ transparent and multi-layered compensation structure.

Read the transcript or view the audio described video.

Video Transcript

[00:00:08.06] - Narrator

Welcome to the Edward Jones Insider stories. Today, financial advisors Jill and Bryn will be talking about our transparent compensation structure.

[00:00:18.02] - Bryn Henderson

The total compensation is one of those things that is a little bit more complex than most people expect. There's a lot of different pieces and they just stack on top of each other. And so when you look at all those pieces and how they add up over the course of a year, over the course of a career, it's something that most people really don't understand until they take the time. Things like branch profitability, bonuses,

[00:00:42.11] - Jill Hitchock

Not to mention being a full time employee, the health benefits, vision, dental, 401k, everything that goes along with that. It's a bit mind boggling and sometimes I feel like I have to pinch myself to make sure it's, it's not a dream.

[00:00:57.09] - Bryn Henderson

My wife's favorite form of compensation that we receive is the travel award programs. I've gone on a lot of trips. It's a fantastic additional piece of compensation that we receive. And every financial advisor has the opportunity to qualify every six months to sign up and go on a trip. Sometimes I go with just my wife, sometimes I take my whole family. And we've been all over the world, taken a ton of great trips and I must say I have never been on a bad one. So every time they exceed my expectations.

[00:01:32.00] - Jill Hitchock

What's your favorite?

[00:01:34.05] - Bryn Henderson

The last one I've been on.

[00:01:35.16] - Jill Hitchock

Is it always the last one you've been on?

[00:01:37.00] - Bryn Henderson

It's always the last one.

[00:01:38.16] - Jill Hitchock

And you're always looking forward to the next one.

[00:01:40.10] - Bryn Henderson

That's right.

[00:01:41.02] - Jill Hitchock

It is an absolute culture of caring and compassion and doing what's right for people, whether those people are employees or the clients. The biggest firm support that was impactful to me and helped us build our practice is that the firm provided an onboarding specialist for the first three weeks that helped us with learning the new systems, onboarding clients that was invaluable to our success.

[00:02:11.01] - Bryn Henderson

I think it's something that you can't understand until you experience it.

[00:02:15.18] - Jill Hitchock

I was like, why didn't I do this sooner?

The Edward Jones Insider Stories Series features practicing Edward Jones’ financial advisors having honest conversations about the topics experienced financial advisors care about most. Like meeting with a trusted friend in the industry, each episode in the series provides genuine insights into what it’s really like to work as an Edward Jones financial advisor. Whether you’re early in your career, established in your practice or have built a book of high-net-worth clients, this series will provide you an inside view of how Edward Jones’ partnership model, culture of caring, technology, resources and transparent compensation structure can help you build your business.

From branch profitability bonuses and industry-leading benefits to the opportunity to earn trips of a lifetime through our travel award program, Edward Jones takes care of you, your family and your future.

“The total compensation is one of those things that is a little bit more complex than most people expect. There’s a lot of different pieces — and they just stack on top of each other.”

Bryn Henderson, Financial Advisor
On Compensation

Episode highlights include:

Compensation: Performance-driven with no earnings caps
Benefits: Support the physical and emotional health of you and your family
Travel Award Program: Over 60% of financial advisors qualified to attend
Culture of Caring: For employees and clients
Onboarding Specialists: For advisors moving to Edward Jones

If you’re already licensed as a financial advisor, learn how we’re built to take your practice to the next level.

Get a deeper understanding about moving your practice to Edward Jones by showing your interest and a knowledgeable professional will reach out to you.

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