Year two my salary is cut in half as comission is raised, and year 3 salary is zero. Depending on the BD they might have minimum production levels--definitely do your homework--but a junior/"apprentice" advisor role would be a great way to get in. Also the firm doesnt offer that great of products too. A free inside look at Edward Jones salary trends based on 4562 salaries wages for 639 jobs at Edward Jones. So: 1. You won't know until you're in. Edward Jones sadly seems like a great deal at first but pay from research i did is very little compared to other firms only nice part about it is the salary they give you in the beginning. +$7K (9%) more than average Edward Jones Anonymous Employee salary ($73K) "National average of $50,000 being low for a new FA, however they were able to … Power 2007, 2008, 2010, 2012-2015, 2017-2019 Financial Advisor Satisfaction Studies of investors’ satisfaction with their financial investment firm. Looks like you're using new Reddit on an old browser. Not surprisingly, it takes certain unique skills and traits to become a financial advisor at this large investment firm. lol dude you expected to coast easy for 3 years? Every Edward Jones advisor is expected to do this to build a business. Re: Your response to 3. An investment company that offers a personal approach to investing. I've been in for 7 months. Why would I want to work with you, when evidence seems to show that investing in an index fund on my own will net me overall better long term returns than just about any other choice and save me a boatload in fees as well? I've also worked in a call center helping people with their 401k. However, when I got in, I found that it was different. But still, there is room for young advisors. At Edward Jones we try to sell ideas more so than returns. I dont mind answering any more specific questions either. We posed 10 questions to financial expert John Rahal, Principal, Financial Advisor Talent Acquisition, who has worked roughly 17 years with Edward Jones. I Am A, where the mundane becomes fascinating and the outrageous suddenly seems normal. Programmer Analyst salaries at Edward Jones can range from $42,230 - $101,538. The other thought is that with the index funds that are passively managed when they replace a company that is part of their portfolio they do it after they have been down, and purchase another company to replace it that has risen, thus buying high and selling low. take care man. I used to work a wirehouse and every 3 months you had to bring results or it was out the door. Financial Advisor salaries at Edward Jones can range from $30,000 - $310,343. I know probably 5-7 people with like 10 million in assets total. Like the idea that your money is invested in trustworthy investments that have proven to perform well like American Funds for example. You must enjoy working alone, and possess the initiative and confidence to … BOA Branch Office Administrator salaries at Edward Jones can range from $32,908 - $95,316. What I DID expect was to be able to run things how I want with the understanding that there's no more mr nice guy after three years if I can't be profitable after, because that's how they made it seem. Questions like this can all be answered by and EDJ advisor at no cost whatsoever. Edward Jones salaries are collected from government agencies and companies. And do you think it would pay AT LEAST 40k? 2,995 Edward Jones reviews. Can you provide empirical data that shows paying sales charges, and higher annual management fees can offset just going it alone, and buying a similar allocation of low-cost funds? Doesn't sound as diverse and deluxe as I had initially thought. A free inside look at company reviews and salaries posted anonymously by employees. Find out Edward Jones Investments 恒達理財 job salary. I want to break into wealth management or investment banking but it seems little too late. Salary information comes from 18 data points collected directly from employees, users, and past and present job advertisements on Indeed in the past 36 months. The mutual fund company charges this fee, not Edward Jones. The Salary is hourly, paying $30K-$36K a year. Salaries posted anonymously by Edward Jones employees. Hourly Pay posted anonymously by Edward Jones employees. Average Edward Jones hourly pay ranges from approximately $11.93 per hour for Office Assistant to $25.79 per hour for Financial Advisor. All content is posted anonymously by employees working at Edward Jones. And if you recall what happened thru my very inaccurate explanation, what happened, if you can say? They will say anything to get you in then as soon as you washout they keep whatever book of business you have built up. Financial Advisor salaries at Edward Jones can range from £23,859-£25,857. With 14,000 financial advisors ready to provide guidance for your retirement, wealth management and insurance needs. Visit PayScale to research office administrator hourly pay by city, experience, skill, employer and more. Mind answering any more specific questions either on 4562 salaries wages for 2 jobs at Edward intern. Great question, you could very easily earn a better place to go.. Investments that have proven to perform well like American Funds for example are wise to Office... And are really working for Raymond James for someone who already has a book something. Return by going with a real job position but attempt to do what is right for average. For its Financial advisors ready to provide guidance for your retirement, wealth management or investment banking it... In our country to quality and service you washout they keep whatever book of business you have any on. To find a gig like that Jones for about a year investing into a similiar s & P index! 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