Is Edward Jones better than Raymond James?
Edward Jones’s brand is ranked #200 in the list of Global Top 1000 Brands, as rated by customers of Edward Jones. Raymond James Financial’s brand is ranked #936 in the list of Global Top 1000 Brands, as rated by customers of Raymond James Financial. Their current market cap is $17.42B….Edward Jones vs Raymond James Financial.
| 73% | Promoters |
|---|---|
| 20% | Detractors |
How much is Edward Jones worth?
The company currently has relationships with nearly 8 million clients and $1.7 trillion in assets, under management worldwide….Edward Jones Investments.
| Trade name | Edward Jones Investments |
|---|---|
| Revenue | US$10.165 billion (2020) |
| Net income | US$1.285 billion (2020) |
| AUM | US$1.714 trillion (Q3 2021) |
| Number of employees | 49,000 (2020) |
Do Edward Jones advisors own their book of business?
We believe so. Unlike many financial organizations, Edward Jones purposefully remains a privately owned partnership.
How many advisors does Edward Jones have?
19,000
We employ more than 50,000 people, including nearly 19,000 dedicated and passionate financial advisors to serve, educate and support more than 8 million clients in achieving what matters most to them.
Is Morgan Stanley better than Edward Jones?
Employee Ratings Morgan Stanley scored higher in 4 areas: Career Opportunities, CEO Approval, % Recommend to a friend and Positive Business Outlook. Edward Jones scored higher in 3 areas: Work-life balance, Senior Management and Culture & Values. Both tied in 2 areas: Overall Rating and Compensation & Benefits.
How does Edward Jones get paid?
Financial advisors at Edward Jones are primarily compensated on a straight commission basis. They get paid by selling customers financial products that generate commission revenue to the firm and themselves. Most financial advisors in the broker-dealer industry are paid on a roughly similar model.
How is Edward Jones different?
Edward Jones emphasizes personal service with its business model by staffing each office with just two people—a licensed broker and a branch office administrator who handles the administrative tasks. The broker is solely responsible for bringing in business to the branch. In this way, a broker runs their own office.
How does Edward Jones charge clients?
For its Guided and Advisory accounts, Edward Jones charges an asset-based fee based on how much you have invested with the firm and the services provided. The flat fee is based on a tiered schedule, ranging from 1.35% for your first $250,000 invested down to 1% or less for $1.5 million or more invested.
Can you invest in Cryptocurrency through Edward Jones?
Edward Jones does not offer a way to purchase or hold cryptocurrencies, or future contracts on cryptocurrencies. It’s also important to note that money launderers and other criminal organizations often use cryptocurrency to launder illicit funds.
How do Edward Jones advisors get paid?