The company offers wealth management services; retirement and college savings products; stocks, bonds, and mutual funds; insurance and annuities; cash and credit services; and planning and expense management for business owners.

Helping Make the World a Better Place | Edward Jones.

The firm's investment philosophy – investing for the long term in quality investments aligned with our clients' goals and risk tolerance – appeals to clients who value clear and straightforward guidance as they work toward long-term goals.

Edward Jones is a subsidiary of The Jones Financial Companies, L.L.L.P., a limited liability limited partnership owned only by its employees and retired employees and is not publicly traded.

The top competitors of Edward Jones include Fidelity Investments, BlackRock, Vanguard, Bank of America and BNY Mellon. Edward Jones has 3,073 active competitors.

Edward Jones lets people work with a human advisor while robo-advisors are computer programs. Edward Jones tends to charge a higher fee than a robo-advisor. Despite that higher cost, some investors prefer the personalized touch and empathy that comes from a human advisor.

The most famous line of John Paul Jones was 'I have not yet begun to fight,' uttered in response to calls for his surrender at the Battle of Flamborough Head.

“You can't be a sexy person unless you have something sexy to offer. With me, it's my voice: the way that I sing, the way I express myself when I sing.”

It often comes down to culture For example, advisors were accustomed to a “yes-centric” management team that operated through a business-friendly and common-sense lens. Increasingly, however, the firm is taking a compliance-first approach that is making even simple business challenging to complete.

The firm reported an attrition rate of 4.7% for the second quarter compared to the 6% it reported for the same period in 2022. Edward Jones this year gave all advisors the option to work in teams or share real estate after piloting the program for around a year.

Edward Jones fees are tiered, so they decrease as your account grows in value. Still, a 1.35% fee is high, even compared to other financial advisory firms. These fees are especially high considering most people can create similar portfolios with a little bit of research and a desire to learn more about investing.

Edward Jones does not serve as a fiduciary except for at the Plan level of retirement plans. This means that their advisors aren't legally required to put their clients' needs ahead of their own. And Edward Jones' compensation disclosure admits that some of its advisor incentives could lead to conflicts of interest.