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\nSimple enough. And absolutely true. But we know that building a business takes time. So we\u2019ve built a compensation program that supports and rewards you as you learn the skills, systems and business practices you need to succeed in our client-first business model.<\/p>\n
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We\u2019ll pay you a salary while you study for your industry licenses and complete required training.<\/span><\/p>\n Once you are licensed, you are eligible to receive a supplemental salary for up to five years \u2013 giving you the support you need to build your practice as you build your skills.<\/p>\n As you partner with clients to help them achieve their financial goals across the arc of their lives, you’ll earn commissions. Because you’ll run your own office, set your own goals and tailor our solutions to meet your clients\u2019 needs, you are in control of your compensation. We provide a framework for expected performance as you progress through your career, but there is no ceiling \u2013 your compensation is tied to the effort you put in and the results you achieve.<\/p>\n Commission payouts start at 9-10% and increase up to 32-35% during your first four years as a financial advisor, based on tenure as a financial advisor. We anticipate financial advisors will increase their commission payout approximately every 5-12 months. In year five, your commission payout will increase to 36-40%. Your commission payout is subject to the firm\u2019s earning conditions.<\/p>\n You will have the potential to receive compensation on specified new assets gathered through year six. [\/av_three_fourth][av_one_fourth min_height=” vertical_alignment=’av-align-top’ space=” margin=’0px’ margin_sync=’true’ padding=’0px’ padding_sync=’true’ border=” border_color=” radius=’0px’ radius_sync=’true’ background_color=’#fde57f’ src=” attachment=” attachment_size=” background_position=’top left’ background_repeat=’no-repeat’ animation=” mobile_display=” custom_class=’search-widget search-widget-vertical’]<\/p>\n [av_sidebar widget_area=’Home – Canada Under banner Job Search Widget ‘]<\/p>\n [\/av_one_fourth] [av_section min_height=” min_height_px=’500px’ padding=’no-padding’ shadow=’no-border-styling’ bottom_border=’no-border-styling’ bottom_border_diagonal_color=’#333333′ bottom_border_diagonal_direction=” bottom_border_style=” id=” color=’main_color’ custom_bg=” src=” attachment=” attachment_size=” attach=’scroll’ position=’top left’ repeat=’no-repeat’ video=” video_ratio=’16:9′ overlay_opacity=’0.5′ overlay_color=” overlay_pattern=” overlay_custom_pattern=” custom_class=’pb120 search-widget-vertical-container table-section’]<\/p>\n [av_three_fourth first min_height=” vertical_alignment=’av-align-top’ space=” margin=’0px’ margin_sync=’true’ padding=’0px’ padding_sync=’true’ border=” border_color=” radius=’0px’ radius_sync=’true’ background_color=” src=” attachment=” attachment_size=” background_position=’top left’ background_repeat=’no-repeat’ animation=” mobile_display=” custom_class=’h3fs20 h4fs20 h5fslight h5fs17 h2fs17 h2fw500′]<\/p>\n [av_textblock size=” font_color=” color=” custom_class=’pb20 ‘]<\/p>\n Based on a new financial advisor whose performance standards are 150% of standard or greater: [av_table purpose=’tabular’ pricing_table_design=’avia_pricing_minimal’ pricing_hidden_cells=” caption=” responsive_styling=’avia_responsive_table’ custom_class=’m0 first-table’] [av_textblock size=” font_color=” color=” custom_class=’pb20 pt50′] [av_table purpose=’tabular’ pricing_table_design=’avia_pricing_minimal’ pricing_hidden_cells=” caption=” responsive_styling=’avia_responsive_table’ custom_class=’m0′] [av_textblock size=” font_color=” color=” custom_class=’pb20 pt50′] [av_table purpose=’tabular’ pricing_table_design=’avia_pricing_minimal’ pricing_hidden_cells=” caption=” responsive_styling=’avia_responsive_table’ custom_class=’m0 pb30′] [av_textblock size=” font_color=” color=” custom_class=’pt30′]<\/p>\n *For demonstration purposes only, schedules are based on starting supplemental salary of $75,000 annually. Earnings do not take into account profit-sharing contribution, CPP or QPP contribution or profitability bonus, if any. 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 13\u201324 as a licensed Financial Advisor.<\/p>\n **The calculation of earned commissions or fees includes: (1) any market loss resulting from a trade correction, (2) any fine which the firm has determined is attributable to you, (3) the application of any fee reduction or discount, (4) any asset sharing plan commission adjustment, and (5) the Business Expense Plan or Limited Business Expense Plan adjustment.<\/p>\n Note<\/span>: the BEP allows financial advisors to use BEP dollars to pay for qualified business expenses in a tax efficient manner.<\/p>\n<\/div>\n Once you build a sustainable business and transition away from your early forms of compensation, a portion of your compensation may be from profitability bonuses \u2013 earned and paid by trimester, based on branch and firm profitability.<\/p>\n As part of our share the work-share the rewards culture, each year we distribute a portion of net profits in the form of profit sharing. Over the past 10 years, the contribution has averaged 4.28% of a financial advisor’s total compensation (including bonuses). Your profit sharing retirement contribution is 100% vested on day one.<\/p>\n Our Travel Award Program recognizes you for building your business on strong client relationships. Beyond being a fabulous perk, these trips promote knowledge-sharing among financial advisors in a relaxed setting where you can recharge.<\/p>\n Travel awards aren’t reserved for just a few top advisors. In the past five years, about half of our financial advisors have earned a trip.<\/p>\n We offer two six-month qualification periods each year. You also have the flexibility to combine two trips into one “Super Trip.” Trip values average $5,000 to $8,000 for two people and $15,000 for a Super Trip.<\/p>\n All trips include spouses or domestic partners \u2013 and many welcome families. Some recent trips have taken our financial advisors to:<\/p>\n 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 Missouri limited liability limited partnership (“JFC”). Historically, limited partnership offer selection has been based on minimum tenure and profitability requirements, and running an ethical branch. The extent to which financial advisors demonstrate leadership and assisting others in their region and the firm may also factor into a limited partnership offer. As of December 31, 2023, over 33,000 Edward Jones associates are limited or general partners.***<\/p>\n ***Limited partnership is a security and can only be acquired through a securities offering that complies with the securities laws. The offering of limited partnership can only be made through a registered offering document or pursuant to an exemption. There is no assurance that the firm will engage in future offerings of limited partnership or that the offering criteria will be the same as in the past. Invitation to participate in any offering is at the discretion of the firm.<\/p>\n<\/div>\n [\/av_textblock]<\/p>\n [\/av_three_fourth][av_one_fourth min_height=” vertical_alignment=’av-align-top’ space=” margin=’0px’ margin_sync=’true’ padding=’0px’ padding_sync=’true’ border=” border_color=” radius=’0px’ radius_sync=’true’ background_color=” src=” attachment=” attachment_size=” background_position=’top left’ background_repeat=’no-repeat’ animation=” mobile_display=” custom_class=’search-widget search-widget-vertical’]<\/p>\n [\/av_one_fourth][\/av_section]<\/p>\n","protected":false},"excerpt":{"rendered":" [av_section min_height=” min_height_px=’60px’ padding=’no-padding’ shadow=’no-border-styling’ bottom_border=’no-border-styling’ bottom_border_diagonal_color=’#333333′ bottom_border_diagonal_direction=” bottom_border_style=” id=”<\/p>\n","protected":false},"author":423,"featured_media":0,"parent":19950,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"100-width.php","meta":{"_acf_changed":false,"pgc_meta":"","footnotes":""},"persona":[],"class_list":["post-14825","page","type-page","status-publish","hentry"],"yoast_head":"\nSalary for up to five years<\/h3>\n
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Commissions<\/h3>\n
New asset compensation<\/h3>\n
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\n[\/av_section]<\/p>\nSample Compensation Schedules<\/h3>\n
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\n[av_row row_style=’avia-heading-row’][av_cell col_style=”]Year[\/av_cell][av_cell col_style=”]Salary*[\/av_cell][av_cell col_style=”]New Asset Compensation[\/av_cell][av_cell col_style=”]Commission**[\/av_cell][av_cell col_style=”]Total Compensation[\/av_cell][\/av_row]
\n[av_row row_style=”][av_cell col_style=”]1st Year[\/av_cell][av_cell col_style=”]$72,188[\/av_cell][av_cell col_style=”]$16,866[\/av_cell][av_cell col_style=”]$5,250[\/av_cell][av_cell col_style=”]$94,304[\/av_cell][\/av_row]
\n[av_row row_style=”][av_cell col_style=”]2nd Year[\/av_cell][av_cell col_style=”]$58,125[\/av_cell][av_cell col_style=”]$27,324[\/av_cell][av_cell col_style=”]$24,000[\/av_cell][av_cell col_style=”]$109,449[\/av_cell][\/av_row]
\n[av_row row_style=”][av_cell col_style=”]3rd Year[\/av_cell][av_cell col_style=”]$43,125[\/av_cell][av_cell col_style=”]$32,652[\/av_cell][av_cell col_style=”]$48,750[\/av_cell][av_cell col_style=”]$124,527[\/av_cell][\/av_row]
\n[av_row row_style=”][av_cell col_style=”]4th Year[\/av_cell][av_cell col_style=”]$28,125[\/av_cell][av_cell col_style=”]$27,891[\/av_cell][av_cell col_style=”]$93,188[\/av_cell][av_cell col_style=”]$149,204[\/av_cell][\/av_row]
\n[av_row row_style=”][av_cell col_style=”]5th Year[\/av_cell][av_cell col_style=”]$13,125[\/av_cell][av_cell col_style=”]$20,520[\/av_cell][av_cell col_style=”]$150,000[\/av_cell][av_cell col_style=”]$183,645[\/av_cell][\/av_row]
\n[av_row row_style=”][av_cell col_style=”]6th Year[\/av_cell][av_cell col_style=”]$0[\/av_cell][av_cell col_style=”]$11,124[\/av_cell][av_cell col_style=”]$192,000[\/av_cell][av_cell col_style=”]$203,124[\/av_cell][\/av_row]
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\nBased on a new financial advisor whose performance standards are 100% of standard:
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\n[av_row row_style=’avia-heading-row’][av_cell col_style=”]Year[\/av_cell][av_cell col_style=”]Salary*[\/av_cell][av_cell col_style=”]New Asset Compensation[\/av_cell][av_cell col_style=”]Commission**[\/av_cell][av_cell col_style=”]Total Compensation[\/av_cell][\/av_row]
\n[av_row row_style=”][av_cell col_style=”]1st Year[\/av_cell][av_cell col_style=”]$72,188[\/av_cell][av_cell col_style=”]$11,244[\/av_cell][av_cell col_style=”]$3,500[\/av_cell][av_cell col_style=”]$86,932[\/av_cell][\/av_row]
\n[av_row row_style=”][av_cell col_style=”]2nd Year[\/av_cell][av_cell col_style=”]$58,125[\/av_cell][av_cell col_style=”]$18,216[\/av_cell][av_cell col_style=”]$16,000[\/av_cell][av_cell col_style=”]$92,341[\/av_cell][\/av_row]
\n[av_row row_style=”][av_cell col_style=”]3rd Year[\/av_cell][av_cell col_style=”]$43,125[\/av_cell][av_cell col_style=”]$21,768[\/av_cell][av_cell col_style=”]$32,500[\/av_cell][av_cell col_style=”]$97,393[\/av_cell][\/av_row]
\n[av_row row_style=”][av_cell col_style=”]4th Year[\/av_cell][av_cell col_style=”]$28,125[\/av_cell][av_cell col_style=”]$18,594[\/av_cell][av_cell col_style=”]$62,125[\/av_cell][av_cell col_style=”]$108,844[\/av_cell][\/av_row]
\n[av_row row_style=”][av_cell col_style=”]5th Year[\/av_cell][av_cell col_style=”]$13,125[\/av_cell][av_cell col_style=”]$13,680[\/av_cell][av_cell col_style=”]$100,000[\/av_cell][av_cell col_style=”]$126,805[\/av_cell][\/av_row]
\n[av_row row_style=”][av_cell col_style=”]6th Year[\/av_cell][av_cell col_style=”]$0[\/av_cell][av_cell col_style=”]$7,416[\/av_cell][av_cell col_style=”]$128,000[\/av_cell][av_cell col_style=”]$135,416[\/av_cell][\/av_row]
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\nBased on a new financial advisor whose performance standards are 75% of standard:
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\n[av_row row_style=’avia-heading-row’][av_cell col_style=”]Year[\/av_cell][av_cell col_style=”]Salary*[\/av_cell][av_cell col_style=”]New Asset Compensation[\/av_cell][av_cell col_style=”]Commission**[\/av_cell][av_cell col_style=”]Total Compensation[\/av_cell][\/av_row]
\n[av_row row_style=”][av_cell col_style=”]1st Year[\/av_cell][av_cell col_style=”]$72,188[\/av_cell][av_cell col_style=”]$8,433[\/av_cell][av_cell col_style=”]$2,625[\/av_cell][av_cell col_style=”]$83,246[\/av_cell][\/av_row]
\n[av_row row_style=”][av_cell col_style=”]2nd Year[\/av_cell][av_cell col_style=”]$58,125[\/av_cell][av_cell col_style=”]$13,662[\/av_cell][av_cell col_style=”]$12,000[\/av_cell][av_cell col_style=”]$83,787[\/av_cell][\/av_row]
\n[av_row row_style=”][av_cell col_style=”]3rd Year[\/av_cell][av_cell col_style=”]$43,125[\/av_cell][av_cell col_style=”]$16,326[\/av_cell][av_cell col_style=”]$24,375[\/av_cell][av_cell col_style=”]$83,826[\/av_cell][\/av_row]
\n[av_row row_style=”][av_cell col_style=”]4th Year[\/av_cell][av_cell col_style=”]$28,125[\/av_cell][av_cell col_style=”]$13,946[\/av_cell][av_cell col_style=”]$46,594[\/av_cell][av_cell col_style=”]$88,664[\/av_cell][\/av_row]
\n[av_row row_style=”][av_cell col_style=”]5th Year[\/av_cell][av_cell col_style=”]$13,125[\/av_cell][av_cell col_style=”]$10,260[\/av_cell][av_cell col_style=”]$75,000[\/av_cell][av_cell col_style=”]$98,385[\/av_cell][\/av_row]
\n[av_row row_style=”][av_cell col_style=”]6th Year[\/av_cell][av_cell col_style=”]$0[\/av_cell][av_cell col_style=”]$5,562[\/av_cell][av_cell col_style=”]$96,000[\/av_cell][av_cell col_style=”]$101,562[\/av_cell][\/av_row]
\n[\/av_table]<\/p>\nImportant Information<\/h4>\n
Trimester profitability bonuses<\/h4>\n
Profit sharing<\/h4>\n
Travel awards<\/h4>\n
About half qualify<\/h5>\n
Two chances to earn each year<\/h5>\n
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Partnership<\/h4>\n