Professional Documents
Culture Documents
Table of Contents
Page 2: The Financial Advisor Opportunity Page 4: The Edward Jones Selection Process Page 5: Financial Advisor Compensation Fact Sheet Page 7: New Financial Advisor Training at Edward Jones If you have any questions regarding this or other information pertaining to becoming an Edward Jones Financial Advisor, please call our Talent Acquisition department at 800-999-5650. Visit www.careers.edwardjones.com.
LIFE ON MY TERMS.
LIFE ON MY TERMS.
Why are Edward Jones Financial Advisors consistently ranked the most satised in the industry?
Y our compensation reects your efforts, resulting in unlimited
earnings potential.
Y ou have the autonomy to select clients and set your schedule. Y ou are prepared for success thanks to a comprehensive training
Training magazine, FORTUNE magazine and numerous states across the country have recognized Edward Jones for career excellence. Visit careers.edwardjones. com for a complete list of awards and accolades.
This is a unique and exciting opportunity for the right person. The nancial possibilities can be great but it takes a dedicated individual to capitalize on the potential. Visit www.careers.edwardjones.com to read success stories of current Financial Advisors and submit your rsum.
Edward Jones is an equal opportunity employer, committed to developing an inclusive culture. We believe that diverse ideas, opinions and perspectives are essential to building a strong business.
ITEM# 8036 TAL-7466B-A EXP 28 FEB 2015
LIFE ON MY TERMS.
Rsum Reviewed
Invitation to Apply
Phone Screen
Phone Interview
Selection Decision
NOTE: Licensed candidates may have a different selection process depending on individual experience. All prospective Financial Advisors of Edward Jones are required to undergo a drug screening test. Edward Jones will not disclose information obtained through the drug screening test except: 1) When such information is needed by persons involved in the employment decision; and 2) When such disclosure is required by law. If you decide to accept our offer of employment, you will receive a Form U4 or Form 4 questionnaire to complete. The Form U4 is a very important document that must be led with the Financial Industry Regulatory Authority (FINRA) to begin your securities licensing process. Our offer of employment is conditional upon your complete and accurate Form U4 or questionnaire, and responses that indicate you would not be disqualied by FINRA. ITEM# 8032 TAL-5933A-A EXP 31 DEC 2013
LIFE ON MY TERMS.
Bonuses
You have the potential to receive several bonuses throughout the first few years while you build your professional practice, including: Bonuses for obtaining licenses and completing training. M ilestone bonuses paid every four months to Financial Advisors whose performance is 75% or more of standard. Financial Advisors who are at 100% or more of standard may receive an enhanced milestone bonus. N ew asset bonuses paid monthly, based on the accumulation of new assets. D eferred bonuses earned and paid every four months in years four, five and six, based on new assets gathered in the first three years. P rofitability cash bonuses earned and paid by trimester, based on branch and firm profitability.
Prot Sharing
Each year, the firm shares a portion of net profits in the form of profit-sharing contributions to your retirement account. Once a contribution has been posted to your account, it is immediately 100% vested.
Travel Program
At Edward Jones, you have the distinct opportunity to participate in business diversification trips. This popular program recognizes and rewards those who build a strong book of business. These programs promote knowledge-sharing in an atmosphere where Financial Advisors can relax and recharge. In recent years, approximately half of our nearly 12,000 Financial Advisors have qualified for our diversification trips.
Commissions
During your first three years as a Financial Advisor, commission payouts will vary based on years of experience, the state in which your branch is located and the type of product. Commission payout ranges are generally as follows:
Year 1 Year 2 Year 3 Year 4 and beyond
18%20%
22%25%
27%30%
36%40%
1 The details of a new Financial Advisors specific compensation may vary based on his or her individual circumstances. 2 Edward Jones ensures that each Financial Advisors compensation meets or exceeds the required minimum guarantee under federal and state law.
LIFE ON MY TERMS.
Benets
Edward Jones provides access to a comprehensive package of benefits. Standard benefits, which are provided by the firm at no cost to you, include basic life insurance, basic accidental death and dismemberment insurance, income continuation plan for short-term disability, profit sharing and tuition reimbursement. Optional benefits include medical coverage (with an opportunity to fund out-of-pocket medical costs via a Health Savings Account), as well as: Dental plans A vision plan Long-term disability Supplemental accidental death and dismemberment insurance Dependent life insurance Long-term care insurance Health care reimbursement account Dependent day care reimbursement account 401(k) plan After-tax plan and investment savings plan
The Financial Advisor bears a portion or all of the costs of optional benefits.
*Schedules are based on a previous annual income of $90,000. Earnings do not take into account profit-sharing contribution and FICA contribution. 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 1324 as a licensed Financial Advisor. Edward Jones is an equal opportunity employer, committed to developing an inclusive culture. We believe that diverse ideas, opinions and perspectives are essential to building a strong business.
ITEM# 8033 TAL-7298D-A EXP 31 MAR 2014
Training Program
Edward Jones training program for new Financial Advisors lasts 17 weeks, depending on individual circumstances. Upon completion of an eight-week study-at-home program in which you prepare for your securities licenses, you will move into training programs designed to teach you how to: Create clients Serve clients Develop your branch team Improve your branchs efficiency
In its 13th consecutive year on the list, Edward Jones was named a top company for training, ranking No. 12 on Training magazines 2013 Training Top 125 list. The firm also won special recognition for its innovative branchtraining program.
Protability Development Program First 120 Days Evaluation/ Graduation Field Foundations Know Your Customer Study Program
8 Weeks Study at Home
S tudy and take Series 7 and Series 66 exams with the help of a Study for Success trainer
Develop and B ecome practice client acquainted presentation skills with local market Prepare for and Financial face-to-face Advisors, and phone including your conversations mentor, regional with potential leader and field clients trainer
D evelop and practice presenting financial Concentrate on solutions to making proactive prospective face-to-face clients via contacts with phone calls potential clients Begin offering Observe veteran Edward Jones Financial Adviproducts and sors with clients services to and continue new clients to practice investment presentations
B egin to build Practice client your business creation skills in your local and develop a market by business plan meeting with to continue prospective to grow your clients and practice offering financial solutions to them C ontinue to receive training and feedback from field trainer to help with the success of your business