If we are to make a list of the best financial advisory firms in Canada, Edward Jones will certainly rank top on the chart.
Edward Jones is the “advisor next door” that will assess your current financial situation and create a plan to help you reach your financial goals- of course with the help of the company’s financial advisor.
Before you can trust someone to help you grow and protect your wealth, it’s important to make sure they’re a good match for you. In this piece, we have highlighted the job roles of Edward Jones Financial Advisors, how much they make, and their career prospect.
About Edward Jones
Edward Jones, a subsidiary of The Jones Financial Companies, L.L.L.P is a financial services firm founded in 1922. The firm provides investment advice to clients in the U.S. and Canada, through its branch network of more than 15,000 locations.
The company currently has over seven million-strong clientele and $1 trillion in assets, under management worldwide. It has more than 41,000 financial advisors and other employees in more than 16,000 branches around the country. Most offices are modest in size.
Edward Jones focuses solely on individual investors and small-business owners. It strives to build long-term rapport with its clients built on trust. It tends to use mutual funds and a basic model of building diversified portfolios for clients who are saving for retirement and other long-term goals.
What does Edward Jones Financial Advisor do?
Edward Jones financial advisors help people plan for life’s big moments. They invest their time in understanding clients’ unique needs.
They use a personal, straightforward, and long-term approach to present personalized investment solutions that are designed to help meet life goals.
Some of the job roles of Edward Jones Financial Advisor include:
- Helping people understand their finances and work toward their personal and financial goals, putting clients’ best interests first, and making a meaningful difference in their lives.
- Enjoying the support of one of the most respected financial services firms, a network of Financial Advisors, and a Branch Office Administrator — all committed to your success.
- Running your own professional practice.
Why you’ll love doing it:
- You’ll be making a real difference in the lives of the clients you serve.
- You control your career. Build your practice from your company-provided office. Achieve your own goals.
- Your earning potential is truly unlimited. It’s not determined by a committee, title, or seniority. It’s determined by you and your hard work.
- In our collaborative culture, you will have access to regional leaders, mentors, peers, and corporate staff.
Related: Financial Advisor job description
How much does Edward Jones Financial Advisor Salary Makes?
Edward Jones Financial Advisor Salary is $51,000 annually and $25 per hour, which is equal to the national average for all Financial Advisors at $51,000 annually and 26% lower than the national salary average for all working Americans.
Edward Jones Financial Advisor- Desired Qualifications
To qualify as an Edward Jones Financial Advisor, you must have the highest interpersonal skills, with an entrepreneurial attitude towards expanding the client base. Additionally, you must have a financial planner, with a certified financial planner certification. The minimum education requirement is a bachelor’s degree, preferably in accounting or finance.
Finding the right financial advisor to help with your financial needs and goals can be complicated.
The choice to invest with Edward Jones is based on location. You have to trust the firm, but you should trust the financial advisor first, and you should have a good working relationship with your advisor.
One of the first questions you should ask a potential advisor is how they get paid. Edward Jones is paid through revenue-sharing with a network of mutual fund companies. Before you get started, ensure you research the history of a firm.
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FAQs on Edward Jones Financial Advisor Salary
Edward Jones Financial Advisor Salary is $51,000 annually
Edward Jones Financial Advisor Salary is $25 per hour
The firm has over16,000 branches around the country