Founded in 1922, Edward Jones is a financial services leader with more than 14,000 financial advisors. Join Yahoo Answers and get 100 points today. When factoring in bonuses and additional compensation, a Financial Advisor Trainee at Edward Jones can expect to make an average total pay of $48,932 . I don’t understand the difference between asset and capital ? Founded in 1922, Edward Jones is a financial services leader with more than 14,000 financial advisors. In fact, you’ve never shared any specific tactics of what you are doing so I still question it. The average Edward Jones salary ranges from approximately $28,709 per year for Branch Administrator to $94,031 per year for Java Developer. I personally in my first month am over 200% above standard. Edward Jones Salaries in the United States. To people saying it is too late to negotiate, I am curious why you think that? It is not great service.
These figures are given to the Indeed users for the purpose of generalized comparison only. Edward Jones pays a guaranteed salary for the first 18 months, then you earn income from you clients. Explore careers at Edward Jones and be a part of that difference. Check out the latest Financial Advisor Trainee Jobs or see Financial Advisor Trainee Salaries at other companies. Do BOAs receive annual reviews and salary increases? You’re fresh out of college with no professional work experience and you think you deserve a higher pay than what they are offering?!?! Today its a car payment and a few dinners with your girlfriend. What is the work environment and culture like at Edward Jones? Edward Jones financial advisors operate individual branch offices. Salary estimated from 822 employees, users, and past and present job advertisements on Indeed in the past 36 months. I can’t believe the pay structure was a mystery until this point! Edward Jones' U.S. financial advisors may only conduct business with residents of the states for which they are properly registered. I understand why you hate them, and I respect it. This estimate is based upon 110 Edward Jones Financial Advisor Trainee salary report(s) provided by employees or estimated based upon statistical methods. For example, the Guided Solutions Flex Account has a minimum asset value of $25,000 while the Guided Solution Fund Account only requires a minimum of $5,000.
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I currently make $12.37/hr working at the university dining center. FORTUNE and Time Inc. are not affiliated with and do not endorse products or services of, Edward D. Jones & Co., L.P. How much Edward Jones Financial Advisor Salary? If you were to leave Edward Jones, what would be the reason? The typical Edward Jones Financial Advisor Trainee salary is $48,339. Lines and paragraphs break automatically. Compare all Branch Administrator salaries in the United States, Job openings matching Branch Administrator in Edward Jones, A typical branch office has one financial advisor who meets with clients face-to-face and one branch office administrator who enhances the team's ability to…, See all jobs matching Branch Administrator in Edward Jones, Reviews about Pay & Benefits for Branch Administrator in Edward Jones, See all Edward Jones Branch Administrator reviews about Pay & Benefits. It’s what happens when you are not 1099. I would think of you as a small cap growth stock. It’s called a draw. What wasn’t negotiable despite my attempts was the contract (i.e. Supplemental salary is based on a number of factors, including prior experience. Career recommendations for Branch Administrator, Explore information on salaries, job satisfaction, skills and more. Edward Jones is a brokerage firm - they make their money through transactions - if you buy mutual funds through them be prepared to pay as much as 5.75% up front. Answers to the above variables are needed to determine if you’re getting a fair rate or not. As your business grows, your supplemental salary will adjust as you move toward compensation that is based more on commissions. Well I suppose I haven’t technically accepted. The average Edward Jones salary ranges from approximately $28,709 per year for Branch Administrator to $94,031 per year for Java Developer. In the car dealership world it’s called going into the bucket. The salary was taken away after one year. No, I have no professional work experience. All financial advisors receive a minimum guaranteed salary (MGS) in an amount determined by federal and state law. Average Edward Jones hourly pay ranges from approximately $11.18 per hour for Administrative Assistant to $24.00 per hour for Client Relations Specialist. I know guys that held legit 8-5 m-f jobs during college while going to night class and they got hired at a higher rate because they had PROFESSIONAL experience of some sort. A fee is charged when you invest with Edward Jones and the amount depends on the type of financial product you purchase. Please note that all salary figures are approximations based upon third party submissions to Indeed. As of January 09" EDJ has adopted the Minimum Guaranteed Salary (MGS) which for me in a four week month is $1820. That is all. I don't know the company, but you need to look over your hiring paperwork. Rewarding you for the profit and bonus opportunities you create – with no managers in the branch to take a cut. That being said it’s very hard for me to recommend Edward Jones because of their benefits specifically the healthcare options. They provide ample benefits to employees are very eager to assist when necessary. In fact, I’m not sure how they get away without pay the losers OT, ha … me too and working about 30-35. To the extent supplemental salary is lower than MGS on a monthly basis, Edward Jones pays additional salary to ensure financial advisors receive full MGS. ), 7 of the Best Situational Interview Questions.
Our draw is the same amount as well. This estimate is based upon 110 Edward Jones Financial Advisor Trainee salary report(s) provided by employees or estimated based upon statistical methods. About Edward Jones and Edward Jones Financial Advisor Salary I’m getting $9.72/hr, and it just seems really low to me. We are the career destination for driven professionals eager to make a difference, from financial advisors and branch office administrators to the home office teams who support them. The Senior Financial Reporting Manager is responsible for applying appropriate GAAP requirements as needed, creating processes, and setting policy. All employee financial advisors receive minimum guaranteed salary (MGS) in an amount determined by federal and state law.
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