|
Compensation As a Financial Advisor, you have the potential to earn large net commissions once you make enough quality contacts and investment presentations to build a client base. However, we know that building your business will take time. For this reason, during the first 12 months after you become licensed, you may be eligible to receive a salary, commissions and other special bonuses. Use our Earnings Calculator to see how your current compensation compares to that of our existing Financial Advisors. Training & Support Compensation
You will be paid on an hourly basis while you study for your industry licenses and complete your initial training. Your hourly rate will be calculated based on your geographic location and your level of experience. New Account Bonuses
If you meet certain eligibility criteria, you may earn new account bonuses for the first 36 months after successful completion of study and initial training. These bonuses are designed to help support you while you get your business up and running. If eligible, you may receive a $500 lump sum bonus after you open your fifth qualifying account, a bonus of $100 per account when you open accounts 6-10, and a bonus of $200 per account when you open accounts 11 and above. Milestone Bonuses
Milestone bonuses are another exciting way to be rewarded for your performance. These bonuses are designed to recognize and reward the key milestones early in your career. Once you graduate from our training program, you will earn $1,000. If you perform at 100% standard or better, you will earn $4,000 at four months, $5,000 at nine months and $7,000 at 15, 22, 29 and 36 months. After your first 12 selling months, you can be paid in five unique ways:
- Commissions based on your performance
Payout ranges from 36% to 40%.
- Bonuses three times a year
You may earn generous trimester bonuses based on the profitability of the firm and your individual branch office. These bonuses are supplementary compensation designed to reward Financial Advisors, over and above their regular wages if and when their efforts produce a positive financial impact for their branch. The Firm reserves discretion to determine when and if bonuses are paid and the eligibility criteria for receiving a bonus.
- Profit sharing
Historically, 24% of post-bonus profit is paid out in a qualified profit-sharing plan. You are 100% vested from day one.
- Incentive travel opportunities
Superior performance is rewarded in many ways, one of which is through incentive trips. You may be awarded trips when you succeed in meeting the long-term goals of your clients through diversification of their assets. You may have two opportunities to earn trips each year. It may also be possible to combine the two into one "Super Trip." Destinations include top-notch resorts in places such as Hawaii, Switzerland, the Caribbean, Africa and Paris, to name just a few. All trips include spouses, and many welcome families, too.
Typically, more than half of our Financial Advisors qualify for each trip. Trip value typically ranges from $3,800 to $4,200 for two people or $8,000 for a “Super Trip.” Please note that all trips are taxable. Current eligibility criteria is that the Financial Advisor grosses $108,000 in six months and diversifies his/her business across four of eight categories. The Firm reserves the right to change the eligibility criteria and to determine when and if Incentive Trips are awarded.
- Potential to become a partner in the firm
Edward Jones’ parent company, The Jones Financial Cos., is a partnership. You may be offered limited and/or general partnership later in your career. Partnership selection is based on your branch profitability, how well you demonstrate leadership in industry and ethics, as well as your assistance to others in your region and in the firm. Go here to learn more about the Edward Jones partnership and how it impacts our culture. A Comprehensive Benefits Package
An Edward Jones Financial Advisor’s total return includes more than just a paycheck. Edward Jones provides access to a comprehensive package of benefits. Standard benefits, which are provided at no cost to you, include basic life insurance, basic accidental death and dismemberment insurance, income continuation plan for short-term disability, profit sharing and tuition reimbursement. Optional benefits, such as medical and dental coverage will be subsidized by the firm for the first 42 months. Other optional benefits offered by Edward Jones include long-term disability, supplemental life insurance, supplemental accidental death and dismemberment insurance, dependent life insurance, long-term care insurance, health care reimbursement account, dependent day care reimbursement account, 401(k) plan, after-tax plan and investment savings plan.
|
Tell A Friend!
Do you know someone who might be interested in an opportunity at Edward Jones?
send a postcard
Why Edward Jones?
If you think Edward Jones is like every other large investment firm, think again.
learn more
|
