“I have a few accounts with a broker at Edward Jones. He was recommended by a family member, and he hasn’t tried to cheat me in any way. But I don’t think the service I’m receiving is sufficient to justify the commissions I’m paying. Having read about Vanguard and index funds, I think that’s where I’m headed. Financial advisor of 7 years (Edward Jones Employee) was released from contract suddenly. Got the call on Monday that I have a new "advisor". Now what? Planning. This would be the perfect time to get out of Edward Jones because they don't have your best interests in mind. They are putting you in high ER funds and charging you a asset under After reading through the lengthy contract and the how many people out there are willing to hand over at least $10,000 to invest in the load mutual funds from Edward Jones' preferred wholesalers (e.g. American Funds). The thing that HR doesn't tell you is that you need connections to get this business off the ground. Only 1 out of 1000 The comments about Edward Jones being different from many other firms is spot on. There is a reason that Edward Jones is consistently rated the best firm to work for in our country. Reply. melsbootstoots here July 20th, 2011 at 12:24 am. I was an advisor at EJ for 3 years…great training, but very limited product offerings.
5 Apr 2016 Edward Jones, the largest privately held broker-dealer, braces for new rules past year and asked not to be named, citing post-employment agreements. Yet a steady trickle of employees leave the tight-knit firm every year,
5 Apr 2016 Edward Jones, the largest privately held broker-dealer, braces for new rules past year and asked not to be named, citing post-employment agreements. Yet a steady trickle of employees leave the tight-knit firm every year, 21 Aug 2017 He has sued his former employer, Edward D. Jones & Co., having to fight for his business after he was let go by Edward D. Jones and a Per his prior employment agreement, Gundersen was not allowed to reach out to his Are there no background checks on the employees who will have access to your money? Do your due diligence people. Charles Schwab is where I ended up employment, either you or Edward Jones may terminate your employment at any time with or without cause and with or without notice. 3. You agree that you will take no action(s) which Not sure if there are any. Cons. The employment contract is very one sided: Edward Jones sided. If you leave the company for any reason (e.g. they fire you) within the first 3 years, you owe Edward Jones $75,000. They expect new FA's to work 60 hours a week. I think they are a sect, like Scientology. Edward Jones offers a variety of challenging yet rewarding career opportunities across the country. We welcome you to find the right opportunity for you whether you are interested in helping clients meet their financial goals or assisting our expansive branch network from our headquarters.
21 Nov 2019 Enforcing Non-Solicitation Agreements Against Financial Professionals: Have a Duty to Notify Clients About a Change of Employment Edward Jones sued Kerr, a former RR, to enforce an employment Law Student Writing Competition · Sign Up For NLR Bulletins · Terms of Use · Privacy Policy · FAQs
A candidate's employment is contingent upon the successful completion of a background check and other pre-employment reviews. Please note, the entire recruiting process can take anywhere from two weeks to several months, depending on factors such as salary, geographic location and type of position. Interviewing at Edward Jones. At Edward Edward Jones career paths. Learn more about the career paths you can pursue at Edward Jones by visiting our careers site: As a Financial Advisor, build a professional practice in your community by forming meaningful relationships with clients as you help them work toward their financial goals. contract between Edward D. Jones & Co., L.P. (“Edward Jones”) and me. I represent that I have read and understand the Agreement and agree to be bound by its terms, as well as the separate disclosures and notices referenced in and/or provided with this Agreement. I. Client Representations and Agreements (a) Client Representation and Warranties. “I have a few accounts with a broker at Edward Jones. He was recommended by a family member, and he hasn’t tried to cheat me in any way. But I don’t think the service I’m receiving is sufficient to justify the commissions I’m paying. Having read about Vanguard and index funds, I think that’s where I’m headed. Financial advisor of 7 years (Edward Jones Employee) was released from contract suddenly. Got the call on Monday that I have a new "advisor". Now what? Planning. This would be the perfect time to get out of Edward Jones because they don't have your best interests in mind. They are putting you in high ER funds and charging you a asset under After reading through the lengthy contract and the how many people out there are willing to hand over at least $10,000 to invest in the load mutual funds from Edward Jones' preferred wholesalers (e.g. American Funds). The thing that HR doesn't tell you is that you need connections to get this business off the ground. Only 1 out of 1000
Edward Jones offers a variety of challenging yet rewarding career opportunities across the country. We welcome you to find the right opportunity for you whether you are interested in helping clients meet their financial goals or assisting our expansive branch network from our headquarters.
If you do not, they force you to sign a 3 year no-compete contract. This contract dictates that if you want to leave the firm within the first 3 years of your Can Sell date, you have to pay them back $75K for the training. That's about half of what you can expect to make in that three year period. I am a Financial Advisor with. Currently, my employment contract with them states that if I leave or am terminated and - Answered by a verified Lawyer. We use cookies to give you the best possible experience on our website. I am a Financial Advisor with Edward Jones. Currently, my… Edward Jones legal department made it very clear the the non-compete clause in my employement contract would be strictly enforced should I attempt to contact any of my clients for at least a year. I have since started over as an independent RIA.
Edward it is very important when you are working anywhere first you must have employment agreement it is necessary for the company as well as for you otherwise you will be punished or may be they put handcuffs on your hands.
Edward Jones offers a variety of challenging yet rewarding career opportunities across the country. We welcome you to find the right opportunity for you whether you are interested in helping clients meet their financial goals or assisting our expansive branch network from our headquarters. Edward it is very important when you are working anywhere first you must have employment agreement it is necessary for the company as well as for you otherwise you will be punished or may be they put handcuffs on your hands. Advice to Get Out of Edward Jones. Saving. Dear Financial Redditors, Is the $30/hr a better opportunity overall or am I better off working for a company with no end date for my employment. Contract position is through a staffing company. Thank you for all the advice. I will try to update this post later with more information and respond to At the end of the interview, the partner mentioned that Edward Jones would get back with me and that it could take up to two weeks for a response. He explained that Edward Jones uses a point system to gauge your viability as a financial advisor (in order to extend an offer).