What does Edwards Jones do?
Edward Jones is a brokerage firm that provides investment advice. With many locations around the U.S., the firm is able to provide a personal approach to their clients in the communities they serve.
Which investment company has lowest fees?
Fidelity, Schwab and Vanguard each have specific qualities that appeal to investors, which I'll discuss shortly. But they're the best overall because they charge minimal fees, including $0 commissions on stocks, mutual funds, exchange-traded funds (ETFs) and options. Does Edward Jones pay a salary? All employee financial advisors receive minimum guaranteed salary (MGS) in an amount determined by federal and state law. MGS does not fluctuate and is paid regardless of quality or quantity of work performed.
Are financial advisors happy?
Financial advisors are one of the least happy careers in the United States. As it turns out, financial advisors rate their career happiness 2.7 out of 5 stars which puts them in the bottom 10% of careers. Is it stressful being a financial advisor? According to Financial Planning magazine, financial advisors face significantly more stress than the average profession, with male advisors reporting 26.2% high levels of stress than the national norm. Sometimes you may feel like squeezing the crap out of a stress ball, and that's okay.
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- How are Edward Jones advisors paid?
Financial advisors at Edward Jones are paid on a straight commission basis. The firm and themselves get commission revenue from the financial products they sell. Most financial advisors in the broker-dealer industry are paid on a similar model.
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