What percentage does Edward Jones take?
Edward Jones Review – High Fees, Poor Reviews
| Edward Jones Details | |
|---|---|
| Trade Transaction Fee | $4.95 |
| Trade Commissions | Up to 2.50% |
| Management Fee | 0.50% to 1.35% |
| Account Type | Roth, Traditional, SEP, SIMPLE, 529, Taxable |
Do Edward Jones advisors make good money?
The typical financial advisor at Edward Jones is paid an hourly rate while studying for licenses and training. Having completed the training, a middle-of-the-pack advisor would earn roughly $60,550 during her first year and $62,500 (likely all from commissions) in year three.
How much does financial advisor make at Edward Jones?
Average Edward Jones Financial Advisor yearly pay in the United States is approximately $51,784, which is 29% below the national average. Salary information comes from 71 data points collected directly from employees, users, and past and present job advertisements on Indeed in the past 36 months.
How much does a Top Edward Jones financial advisor make?
Edward Jones Financial Advisor Salaries
| Job Title | Salary |
|---|---|
| Edward Jones Edward Jones Financial Advisor salaries – 57 salaries reported | $53,076/yr |
| Edward Jones Edward Jones Financial Advisor salaries – 5 salaries reported | $17/hr |
| Amazon Edward Jones Financial Advisor salaries – 1 salaries reported | $104,396/yr |
How much is Edward Jones worth?
The company currently has relationships with nearly 8 million clients and $1 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) |
| Total assets | US$1.27 trillion (2019) |
Does Edward Jones have hidden fees?
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.
How much do you need to invest in Edward Jones?
Extensive fund choices The initial investment minimum to open an account is $5,000.