InvestmentNews
investmentnews.com › wirehouses › edward jones job cuts and buyouts hit 811 employees
Edward Jones job cuts and buyout hit 811 employees. - InvestmentNews
August 28, 2025 - Employees received notice Monday and Tuesday that they were losing their jobs, the Business Journal reported. The company did not release information about severance payment costs or the number of home office associates who were transferred to other jobs as part of the restructuring and how many saw pay cuts. Edward Jones conducts its "home office operations" from two campuses, in the St.
Reddit
reddit.com › r/investing › edward jones laying all us bases associates off and moving support overseas
r/investing on Reddit: Edward jones laying all us bases associates off and moving support overseas
October 16, 2024 -
Have a friend working there and they are moving all office support to India. Document processing has gone from 2 days to 25 days in their department. More layoffs next year and going department by department.
Hope no one needs anything fast! Just another reason to stay away!!!
Edward Jones planning layoffs before the end of August
Their model is totally ****ed. People are now wise to how much damn money these % of AUM guys are taking for basically doing nothing. The future is a la carte financial advisory/pay per service rather than % of AUM. Jones knows this but is wayyy too slow to react. I don't know a SINGLE millenial (That doesn't literally work for Jones) that has an account with EJ, let alone any Gen Z. A relative of mine works there and she said the last time there was a small market downturn they cut out free coffee at STL corporate. Pretty pathetic. Anyway yeah they are doing voluntary early retirement and what is unknown is to what degree they will lay off people that don't take it. Edit : If you want to learn more, here's the math behind how much of a ripoff a financial advisor is who takes 1% of your assets under management. Some take even more! More on reddit.com
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August 14, 2025Is Edward jones as bad as they say?
They nickel and dime you: https://www.edwardjones.com/sites/default/files/acquiadam/2022-12/ira-schedule-of-fees.pdf E.g., just to have an IRA with them costs you $75 / year. They also charge you 2% load on dividend reinvestment of a stock. Plus when you try to leave they smack a $100 termination fee on you. To put this into perspective, at one of the “big 3” low cost brokers (Schwab, Fidelity, Vanguard) (and many others), these services are free. And EJ does absolutely nothing to warrant this price differentiation. Plus there are the indirect shitty aspects of EJ, such as pushy salespeople looking for commissions on subpar product, and terrible expense ratios on nearly all funds they offer (last I checked, which was about 6-8 years ago) on their IRA’s. More on reddit.com
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July 10, 2023Has anyone had any positive experiences with Edward Jones?
EJ is a commission based advising firm with very high fees. Wouldn’t recommend them for any investor. More on reddit.com
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October 31, 2024Edward jones laying all us bases associates off and moving support overseas
Well Edward jones is shit if you use them shame on you More on reddit.com
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October 16, 2024Spokesman-Review
spokesman.com › stories › 2025 › aug › 26 › edward-jones-begins-layoffs-including-at-its-headq
Edward Jones begins layoffs, including at its headquarters
August 26, 2025 - Catherine Stengel, spokesperson for Edward Jones, said in a statement the firm is committed to “communicating early and transparently with our colleagues throughout the process and take decisions that impact our colleagues very seriously and strive to make them according to our core values.” · “Our top priority remains supporting our colleagues and serving our clients,” she said. The layoffs are affecting employees of Edward Jones’ “home office,” which provides support to financial advisers in the field.
AdvisorHub
advisorhub.com › home › news › edward jones shrinks number of branch offices
Edward Jones Shrinks Number of Branch Offices - AdvisorHub
March 24, 2025 - Edward Jones, which typically rents its branch offices for 5-year terms, said its total lease cost rose 3.5% to $418 million last year. It leases around 12% of its space directly from its advisors, according to the filing. A spokesperson said last week that the Big Apple branch will open by this weekend with an initial 10 advisors. ... Good news for all the sub shop franchises.
Stlawyers
stlawyers.ca › blog-news › edward-jones-reorganization-job-cuts-2025
"Enterprise Reimagined" reshapes Edward Jones: 259 laid ...
August 29, 2025 - Stay informed with Samfiru Tumarkin LLP's latest on employment law, disability & personal injury: media interviews, releases, and legal wins.
KSDK
ksdk.com › article › news › local › st-louis-based-edward-jones-financial-services-to-layoff-workers-before-august › 63-da072a55-64e5-43c4-9dc4-ce06e6f48a5c
Edward Jones planning layoffs before the end of August
— Edward Jones will reduce the size of its home office that employs more than 9,000 people by the end of this month, but it’s unclear how many will lose their jobs or how deeply the St.
Published August 14, 2025
Edward Jones
edwardjones.com › us-en
Edward Jones: Financial Advisors and Wealth Strategies
Edward Jones offers a personal approach to investing with 18,000 financial advisors ready to support your retirement, education savings and insurance needs.
Reddit
reddit.com › r/stlouis › edward jones planning layoffs before the end of august
r/StLouis on Reddit: Edward Jones planning layoffs before the end of August
August 14, 2025 -
https://www.ksdk.com/article/news/local/st-louis-based-edward-jones-financial-services-to-layoff-workers-before-august/63-da072a55-64e5-43c4-9dc4-ce06e6f48a5c
Top answer 1 of 5
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Their model is totally ****ed. People are now wise to how much damn money these % of AUM guys are taking for basically doing nothing. The future is a la carte financial advisory/pay per service rather than % of AUM. Jones knows this but is wayyy too slow to react. I don't know a SINGLE millenial (That doesn't literally work for Jones) that has an account with EJ, let alone any Gen Z. A relative of mine works there and she said the last time there was a small market downturn they cut out free coffee at STL corporate. Pretty pathetic. Anyway yeah they are doing voluntary early retirement and what is unknown is to what degree they will lay off people that don't take it. Edit : If you want to learn more, here's the math behind how much of a ripoff a financial advisor is who takes 1% of your assets under management. Some take even more!
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The entire IT staff is in the process of being shipped to India.
AdvisorHub
advisorhub.com › home › news › edward jones expands partnership levels, alludes to capital raise
Edward Jones Expands Partnership Levels, Alludes to Capital Raise - AdvisorHub
November 6, 2025 - You “own” nothing my friend. And that is the great lie you’ve been told. Once you go independent, then you ACTUALLY OWN your business! lol 🙂 ... Edward Jones offers class B shares that pay out 4% less than the A shares and end up diluting the value for existing shareholders.
MegaBusinessJournal
megabusinessjournal.com › home › blog › is edward jones going out of business? latest status
Is Edward Jones Going Out of Business? Latest Status
September 4, 2025 - Is Edward Jones going out of business? No, the company is thriving with expanded services in 2025, serving 9 million clients across the U.S. and Canada.
Edward Jones
edwardjones.com › us-en › why-edward-jones › news-media › press-releases
View Our Press Releases | Edward Jones
Edward Jones Enhances Workplace Retirement Plan Offerings to Support Local Businesses and Their Employees
Edward Jones
edwardjones.com › us-en › investment-services › investment-products
Investment Products For Your Future | Edward Jones
Diversify your portfolio with a broad mix of investments. We review the universe of stocks, bonds and mutual funds to select quality options for you. ... No matter your investment strategy, Edward Jones is here to help. Explore our investment products and rates, and get to know the basics.
Edward Jones
edwardjones.com › us-en › working-financial-advisor › fees
Financial Advisor Costs & Fees | Edward Jones
Building customized financial strategies that work for your goals and comfort with risk · Providing the knowledge and guidance you need to feel confident, informed and in control of your future · Staying connected throughout your journey to help keep you on track. There are many benefits to working with a financial advisor, so before you make any decisions about your path forward, we want to understand what’s important to you. Contact an Edward Jones financial advisor for a no-cost, no-obligation consultation today.
Reddit
reddit.com › r/financialplanning › is edward jones as bad as they say?
r/FinancialPlanning on Reddit: Is Edward jones as bad as they say?
July 10, 2023 -
I have 50k in a Roth there. Is it a bad idea to keep my money with them? I’ve heard a lot of negatives online and in other Reddit communities.
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They nickel and dime you: https://www.edwardjones.com/sites/default/files/acquiadam/2022-12/ira-schedule-of-fees.pdf E.g., just to have an IRA with them costs you $75 / year. They also charge you 2% load on dividend reinvestment of a stock. Plus when you try to leave they smack a $100 termination fee on you. To put this into perspective, at one of the “big 3” low cost brokers (Schwab, Fidelity, Vanguard) (and many others), these services are free. And EJ does absolutely nothing to warrant this price differentiation. Plus there are the indirect shitty aspects of EJ, such as pushy salespeople looking for commissions on subpar product, and terrible expense ratios on nearly all funds they offer (last I checked, which was about 6-8 years ago) on their IRA’s.
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They are very expensive and their advice is poor-to-average. They talk about the importance of relationships but steal your returns with their onerous fees and charges. Leave.
Edward Jones
edwardjones.com › sites › default › files › acquiadam › 2022-07 › IAS-3840D-A.pdf pdf
Program List REV JUN 2022 Page 1 of 9 Edward Jones Advisory Solutions® is an
Investments as of 6/2/2022. Subject to change at Edward Jones’ discretion.
Unbiased
unbiased.com › discover › financial-advice › edward-jones-financial-advisor
Edward Jones Financial Advisor Review 2026 - unbiased.com
3 days ago - A team of nearly 19,000 Edward Jones financial advisors services over seven million clients, and this Fortune 500 firm focuses on providing a wide range of expert financial advice, particularly in the insurance, ... Personalized, in-branch financial advice focused on investments, insurance, and planning. ... Personalized Service: Get in-person support from a dedicated financial advisor who knows your long-term goals.
Reddit
reddit.com › r/investing › has anyone had any positive experiences with edward jones?
r/investing on Reddit: Has anyone had any positive experiences with Edward Jones?
October 31, 2024 -
I made a post recently asking about which investing firms are the best. The majority responded with fidelity and vanguard. My issue is that in my area when I researched those two companies locally, all of the brokers for both companies had so many awful reviews . My experience with a broker from Edward jones was great and I spoke with her twice.
So I’m just curious if anyone has had a positive experience with Edward jones? If so why? And also if not, why?
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EJ is a commission based advising firm with very high fees. Wouldn’t recommend them for any investor.
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I know a few people who had (from their perspective) positive experiences with Edward Jones. Basically, it had to do with the advisor helping them with tax strategies and estate planning, and also access to certain high-yield municipal bonds that supposedly only Edward Jones had. But that perceived experience probably mostly comes down to Edward Jones’s business model: make the customer feel good about having their money there, while taking fees and percents of that money. So of course the Edward Jones broker is going to make you feel great, because if you go with Edward Jones then she’s going to make $$ off of you. For Vanguard and Fidelity, you don’t need a local person. You go though their website.
Edward Jones
careers.edwardjones.com › home › career areas › experienced financial advisors › products & services
Products to meet the needs of complex investors | Edward Jones
July 28, 2020 - Edward Jones Trust Company may use Edward Jones or other affiliates to act as a broker-dealer for transactions or for other services.
Edward Jones
edwardjones.com › edward jones › investment services › accounts overview
Edward Jones Accounts | Edward Jones
At Edward Jones, we're committed to helping you get there – whether you take a more active, hands-on approach, prefer to take a step back from day-to-day investing decisions or somewhere in-between. A hands-on approach with a wide range of investment choices including stocks, bonds, certificates of deposit (CDs), mutual funds, exchange-traded funds (ETFs) and annuities.Explore Select Account
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25financial.com › home › finance › edward jones vs competitors: what investors need to know
Edward Jones vs Competitors: What Investors Need to Know - 25 Financial
July 16, 2025 - In this post, we’ll explore how Edward Jones compares to competitors like Charles Schwab, Merrill Lynch, and others in terms of financial planning, investment management, access to alternative investments, and overall value, especially for high-net-worth individuals seeking sophisticated wealth management. Headquartered in St. Louis, Edward Jones is one of the most recognized financial services companies in the U.S., with over $1.9 trillion in assets under management (AUM).