Compensation
We value and respect your contributions – and we recognize individual efforts through a rewards program that promotes a long-term career, your financial security and you and your family’s well-being. Visit our Investing in You site.
For New Financial Advisors and Experienced Financial Advisors, visit your dedicated compensation pages.
Our base pay compensation program is competitive with the external marketplace.
We know this because we regularly assess it. We help you secure your financial future with a compensation program that rewards you based on the success of the firm – and your individual performance.
Our firm trimester bonus program is flexible.
It’s driven by the profitability of our branch teams – expanding in strong markets and contracting in leaner times. While there is no guarantee our associates will get bonuses in every trimester, they can feel confident in their job security.
The Edward Jones retirement plan consists of two parts: Profit sharing and 401(k).
- Profit sharing, while not guaranteed, is tied to the firm’s profitability, allowing the opportunity for larger contributions to your retirement savings in years of success.
Historically, the contribution has averaged over 4% of an associate’s total compensation (including bonuses). You’re 100% vested on day one. - The 401(k) gives you additional security for retirement.
For some associates, the firm matches your pretax and Roth contributions dollar for dollar up to $500 a year. That’s 100% return on your investment.
When combined, the total contribution of both the profit sharing and the 401(k) match has averaged nearly 5% of the typical associate’s salary over the past 10 years – much higher than the most common employer match of just 3%.
Investing in you includes helping you invest in your future.U.S. headquarters associates have access to our financial advisors and client service specialists who provide customized solutions to help you achieve your financial goals. We also deliver classes and programs on investing and personal finance – and you can meet with our Retirement Consultation Group, a dedicated resource within HQ Investment Services, available to help you prepare and transition into retirement.
- Profit sharing, while not guaranteed, is tied to the firm’s profitability, allowing the opportunity for larger contributions to your retirement savings in years of success.
Health and well-being
Learn more at Investing in You.
We invest in your physical and emotional health with a benefit plan and supportive culture that encourages work-life-balance.
We make a significant investment in subsidizing health and wellness benefits for associates, while also providing access to discounted services through our health plan vendors.
- Choice of two medical plans, two dental plans and vision insurance
Our robust wellness program provides the opportunity to earn medical plan premium discounts.
- We encourage Medical Plan participants to invest in their health and well-being and achieve wellness goals by participating in a variety of program and activities offered through our wellness vendor. Doing so can help you achieve your best self and earn medical rate discounts.
We offer full-time associates access to a comprehensive and affordable benefit plan that encourages you and your family’s well-being, limits your financial exposure and gives you control over how you spend your health care dollars.
- Dental and vision
- Life insurance and disability
- Health Savings Account with company match
- Health care and dependent care flexible spending accounts
- Company-paid Basic Life Insurance, Short-Term Disability and Long-Term Disability, with option to purchase supplemental plans
- Paid sick leave
- Paid parental leave
- Paid holidays and vacation
- Adoption reimbursement
- Tuition reimbursement
- Employee Assistance Program (counseling, work-life solutions, legal guidance and financial resources)
- Security purchases with discounted commissions
History
Edward Jones was built for our clients, and our purpose is to make a difference in their lives and the lives of their families.
In 1922, Edward D. Jones Sr. established Edward D. Jones and Co., built on a simple principle – treat clients and associates fairly – that has stood the test of time and guides our transformation into the future. Our “share the work-share the rewards” approach to compensating associates, and an investment philosophy that takes a long-term view of success.
- 1922 – Edward D. Jones Sr. establishes Edward D. Jones & Co.
- 1957 -The firm’s first community based branch office opens in Mexico, MO
- 1968 – Ted Jones becomes the firm’s second managing partner
- 1986 – The firm celebrates the opening of its 1,000th office, located in Stoughton, WI
- 2008 – The firm has grown to over 11,000 Financial Advisors in the U.S. and Canada
- 2019 – Penny Pennington becomes the firm’s sixth managing partner
Corporate citizenship
At Edward Jones, our purpose is to partner for positive impact to improve the lives of our clients and colleagues, and together, better our communities and society. Learn about the many ways our 55,000 colleagues are supporting one another and making a difference in the lives of our clients and their families in our annual Purpose, Inclusion and Citizenship Report.
Locations and remote working
We have headquarters in St. Louis, MO, Tempe, AZ, and Canada, nearly 16,000 branch offices, and a remote workforce.
