*For demonstration purposes only, schedules are based on starting supplemental salary of $52,500 annually. Earnings do not take into account profit-sharing contribution, CPP or QPP contribution or profitability bonus, if any. Notes on calculations: Net commissions for each Financial Advisor are for the end of each year as a licensed Financial Advisor. For instance, in year 1, Financial Advisor net commissions are from the first 12 months as a licensed Financial Advisor. In year 2, net commissions are from months 13–24 as a licensed Financial Advisor.
**The calculation of earned commissions or fees includes: (1) any market loss resulting from a trade correction, (2) any fine which the firm has determined is attributable to you, (3) the application of any fee reduction or discount, (4) any asset sharing plan commission adjustment, and (5) the Business Expense Plan or Limited Business Expense Plan adjustment.
Note: the BEP allows financial advisors to use BEP dollars to pay for qualified business expenses in a tax efficient manner.
Trimester profitability bonuses
Once you build a sustainable business and transition away from your early forms of compensation, a portion of your compensation may be from profitability bonuses – earned and paid by trimester, based on branch and firm profitability.
As part of our share the work-share the rewards culture, each year we distribute a portion of net profits in the form of profit sharing. Over the past 10 years, the contribution has averaged 4.28% of a financial advisor’s total compensation (including bonuses). Your profit sharing retirement contribution is 100% vested on day one.
Our Travel Award Program recognizes you for building your business on strong client relationships. Beyond being a fabulous perk, these trips promote knowledge-sharing among financial advisors in a relaxed setting where you can recharge.
About half qualify
Travel awards aren’t reserved for just a few top advisors. In the past five years, about half of our financial advisors have earned a trip.
Two chances to earn each year
We offer two six-month qualification periods each year. You also have the flexibility to combine two trips into one “Super Trip.” Trip values average $5,000 to $8,000 for two people and $15,000 for a Super Trip.
All trips include spouses or domestic partners – and many welcome families. Some recent trips have taken our financial advisors to:
- Venice, Italy
- Bali, Indonesia
- Athens, Greece
- Dublin, Ireland
- Turks & Caicos
In addition to your compensation package, financial advisors in the past have had the opportunity to invest in Edward Jones’ parent company, The Jones Financial Companies, L.L.L.P., a Missouri limited liability limited partnership (“JFC”). Historically, limited partnership offer selection has been based on minimum tenure and profitability requirements, and running an ethical branch. The extent to which financial advisors demonstrate leadership and assisting others in their region and the firm may also factor into a limited partnership offer. As of Jan. 1, 2020, over 24,000 Edward Jones associates are limited or general partners.***
***Limited partnership is a security and can only be acquired through a securities offering that complies with the securities laws. The offering of limited partnership can only be made through a registered offering document or pursuant to an exemption. There is no assurance that the firm will engage in future offerings of limited partnership or that the offering criteria will be the same as in the past. Invitation to participate in any offering is at the discretion of the firm.