Work hard and be rewarded
At Edward Jones, your earning potential is without limit.
Compensation is a large part of your professional satisfaction. Our compensation program is designed to support you as you transition careers and build your practice as an Edward Jones Financial Advisor.
We realize that building your business takes time. To help you, we offer a program designed to give you support during your initial training and throughout your first years as a Financial Advisor.
Our Financial Advisor compensation package may include:
Financial Advisor Trainee pay and salary
Financial Advisor Trainees studying for your industry licenses and completing training are paid a salary.
What you can expect
As you study and begin to build your business
While studying for your CPH and LLQP exams and during training, you'll be paid a salary twice a month. As you begin building your professional practice, we provide a salary to help create stable earnings in the early stages of your career.
In the first four years
Your starting salary as a new Financial Advisor is determined by many factors one being your experience prior to joining the firm. During your first four years as a licensed Financial Advisor your salary will steadily decrease as you move towards compensation that is based more on commissions, as your business becomes more established.
As you work with clients to identify appropriate solutions for their financial needs, you'll earn commissions. Because you'll have the autonomy to drive your own performance, you're in control of your compensation. We provide a framework for expected performance as you progress through your career, but there are no limits your compensation is directly tied to the effort you put in.
As a licensed Financial Advisor your commission payouts will range from 10% to 30% in your first four years, commission payouts will vary based on certain criteria and tenure and the type of product. We anticipate financial advisors will increase their commission payout approximately every 12-18 months. In year 5, your commission payout will increase to 40%.
New Asset Compensation
You will have the potential to receive compensation on new assets gathered through year 5.
Once you build a sustainable business and transition away from your early forms of compensation a portion of your compensation may be through profitability bonuses, earned and paid by trimester, based on branch and firm profitability.
Working hard can earn you world travel.
Your superior performance is rewarded in many ways, one of which is through trips. Trips are awarded when you succeed in meeting the long-term goals of your clients.
You have an exclusive opportunity to participate in trips or cash award in lieu of trips.
- Our popular travel program recognizes and rewards Edward Jones Financial Advisors who build strong books of business.
- When you qualify for these trips to sought-after locations around the world, you'll participate in knowledge-sharing with other Financial Advisors in an atmosphere where you can relax and recharge.
- In recent yearsthe past 5 years, approximately half of our Financial Advisors in Canada and the United States have qualified for our incentive trips.
Your compensation rises with the firm's success
Each year, the firm shares a portion of net profits in the form of a profit-sharing contribution to your retirement account. Contributions are based on your total compensation including direct compensation and bonuses. All contributions are immediately 100% vested.
In addition to your compensation package, Financial Advisors in the past have had the opportunity to invest in Edward Jones' parent company, The Jones Financial Companies, L.L.L.P., a partnership.
Historically, limited partnership offer selection has been based on the minimum tenure and profitability requirements and the running of an ethical branch. After meeting this basic criterion, other considerations are leadership and your assistance to others in your region and the firm. 1
As of January 2, 2019, approximately 25,000 Edward Jones associates are limited or general partners.
1 Limited partnership interests (LP) in JFC are securities and can only be acquired through a securities offering that complies with the securities laws. Offers of LP can only be made by prospectus or other disclosure document. There is no assurance that JFC will engage in future offerings of LP or that offering criteria will be the same as in the past.
Train with some of the best in the industry
Experience our world-class training and career development opportunities. We continually support you throughout your career.Learn more
We like it here. We think you will too.
Edward Jones is consistently ranked as a great place to work. We think our culture has a lot to do with that.Learn more
We treat our Financial Advisors like family
One of the most valuable aspects of a career with Edward Jones is the culture of collaboration that supports our Financial Advisors.Learn more