Is Edward Jones a pyramid scheme?

This company is a basically a covert ponzi- scheme and they are low – life cheapskates. All of their financial advisors are fake and have no financial background and they hire desperate people to go door to door trying to finagle them into investing into their investment options.

How much does the average Edward Jones employee make?

How much do people at Edward Jones get paid? See the latest salaries by department and job title. The average estimated annual salary, including base and bonus, at Edward Jones is $139,438, or $67 per hour, while the estimated median salary is $136,428, or $65 per hour.

Do Edward Jones advisors make good money?

The typical financial advisor at Edward Jones is paid an hourly rate while studying for licenses and training. Having completed the training, a middle-of-the-pack advisor would earn roughly $60,550 during her first year and $62,500 (likely all from commissions) in year three.

How do I file a complaint against Edward Jones?

Complaints about your account – If you have a complaint please call Client Relations, send a letter to Edward Jones, Attn: Complaints Investigations, 12555 Manchester Road, St. Louis, MO 63131 or email [email protected].

Is Edward Jones an investment company?

Edward Jones is a subsidiary of The Jones Financial Companies, L.L.L.P., a limited liability limited partnership owned only by its employees and retired employees and is not publicly traded….Edward Jones Investments.

Is working for Edward Jones worth it?

94\% of employees at Edward Jones say it is a great place to work compared to 59\% of employees at a typical U.S.-based company. Our customers would rate the service we deliver as “excellent.”

How many financial advisors does Edward Jones have?

19,000
We employ 49,000 people, including more than 19,000 dedicated and passionate financial advisors to serve, educate and support more than 7 million clients in achieving what matters most to them.

How much do Edward Jones general partners make?

The average salary for a General Partner is $200,794 per year in United States, which is 41\% lower than the average Edward Jones salary of $341,822 per year for this job.

How does Edward Jones rank?

J.D. Power, the data analytics company, ranked Edward Jones the highest in investor satisfaction with full-service brokerage firms in 2021. 2 Edward Jones also ranked the highest in 2002, 2005-2007, 2009, 2010, 2012, and tied in 2015.

Is Edward Jones under investigation?

Jones currently is facing state investigations and allegations and charges of stockbroker misconduct, conflict of interest and breach of fiduciary duties over the sale of Lehman Principal Protected Notes and other structured products.

What is a trusted contact for Edward Jones?

A Trusted Contact Person is someone, age 18 years or older, that Edward Jones is authorized to contact and disclose information to about my Account to address possible financial exploitation, to confirm the specifics of my current contact information, health status, or the identity of any legal guardian, executor.