Compensation & Partnership
Whether you are still new to financial services or have been a Financial Advisor for more than 20 years, Edward Jones' compensation packages rival any in the industry. What our competitors can't match and makes us unique in the industry is our partnership structure. That means all of our associates, whether in the home office or in one of our more than 11,000 branches, have the opportunity to become an owner as a limited or general partner.
Ready to take your practice to the next level?
Edward Jones has become a destination for licensed individuals and Financial Advisors from other firms desperate for the support and resources to grow their practice. Your compensation is based on your experience. Choose from the options below to learn more about the compensation package for you.
- Financial Advisors with less than three years experience or less than $20 million in portable assets may be eligible for our compensation program that includes a salary and multiple bonus opportunities. learn more
Financial Advisors with a minimum of three years experience, $20 million portable assets under care, and trailing 12-month gross production of at least $150,000 may be eligible for a compensation package including:
Edward Jones provides significant financial support during your first year, giving you the freedom you need to establish your Edward Jones practice. This package may include:
- An income guarantee based on your current assets under care (AUC)
- A monthly asset-based bonus during the first six months
- A production-based bonus that rewards gross production in year one
Commissions Based on Your Performance
Payout ranges from 36% to 40%.
During your time with Edward Jones, you may be eligible for the following bonuses:
- New asset bonuses - cash bonuses paid monthly during years two and three, based on the accumulation of new assets.
- Milestone bonuses - cash bonuses paid every four months during years two and three to Financial Advisors whose performance is 75% or more of standard. Financial Advisors whose performance is 100% or more of standard may receive an enhanced milestone bonuses.
- Deferred bonuses earned and paid every four months in years four and five based on new assets gathered in years two and three.
- Profitability bonuses earned and paid by trimester, based on branch and firm profitability.
Historically, approximately 24% of the firm’s post-bonus profit is contributed to a firm profit-sharing plan. Your profit-sharing benefit is based upon up to and including $245,000 of your earnings. A cash bonus is paid at the same rate as the profit-sharing rate for that year for any earnings in excess of $245,000. As an Edward Jones Financial Advisor, you are 100% vested in your profitsharing account from day one.
The Edward Jones Business Diversification Program recognizes Financial Advisors who build and run successful businesses by offering a broad array of products and services to our clients to help them reach their financial objectives. There are two opportunities to qualify for trips each year. You also may combine the two into one “Super Trip.” Destinations include world-class resorts in places such as Hawaii, Switzerland, the Caribbean, Africa and Paris, to name just a few. All trips include your spouse or domestic partner. A unique aspect of our trips is that you may bring your dependent children or parents on designated family trips. All Financial Advisors who meet the criteria qualify for a trip. There is no limit on the number of Financial Advisors who can participate. Trip values typically average $5,500 for two people or $11,000 for a “Super Trip.” Please note that the value of the trip is taxable.
A Comprehensive Benefits Package
An Edward Jones Financial Advisor’s total return includes more than just a paycheck. Edward Jones provides access to a comprehensive package of benefits. Standard benefits, which are provided 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, such as medical and dental coverage, will be subsidized by the firm for the first 42 months for licensed candidates who are not eligible for the producer transition package described above. Other optional benefits offered by Edward Jones include long-term disability, supplemental life insurance, supplemental accidental death and dismemberment insurance, dependent life insurance, long-term care insurance, heath care reimbursement account, dependent day care reimbursement account, 401(k) plan, after-tax plan and investment savings plan.
In addition to the compensation and benefits package, Edward Jones associates, including Financial Advisors, have been offered limited partnership interests in the past. Our associates have been offered the opportunity to purchase limited partnership interests based on certain criteria, including the profitability of the branch for Financial Advisors. A limited partnership offering is a security offering which can be only made through a registered offering document. There is no offering scheduled and there is no guarantee of a future offering. Learn about the partnership and how it impacts our culture.
Why Edward Jones?
If you think Edward Jones is like every other large investment firm, think again.