January 8, 2025 - The investigation found that Edward Jones charged front-load commissions for investments in Class A mutual fund shares in situations where the customer sold or moved the mutual fund shares sooner than originally anticipated.

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June 9, 2025 - Edward Jones, LPL Financial, RBC Capital Markets, Stifel, and TD Ameritrade will collectively pay more than $19 million in restitution to affected customers and up to $9.87 million in fines and costs.

April 8, 2025 - According to SEC records, Edward Jones fired Winslow in December 2021, saying he failed to communicate he received funds from a client and bought gold coins with client funds that weren’t disclosed to the firm.

April 8, 2025 - John Winslow is accused of taking over $920,000 from a client and trading gold coins to conceal it.

March 7, 2025 - An Edward Jones lifer who spent 22 years at the firm before being fired in October has accepted an industry bar rather than cooperate with an investigation into whether he had reimbursed customers for losses in their accounts, according to a ...

March 14, 2025 - A former Edward Jones financial advisor has filed a lawsuit against the firm, alleging that its diversity and equity policies unfairly disadvantage white financial advisors in terms of compensation, benefits, and career opportunities.

January 17, 2025 - The Texas State Securities Board announced today that it has joined a multi-state settlement with Edward D. Jones & Co., L.P. (Edward Jones) which will see Edward Jones pay $17 million in penalties for supervisory failures that affected main street investors.

July 7, 2025 - The Investor Protection Unit of the Delaware Department of Justice has joined a $17 million settlement with Edward D. Jones & Co., L.P. (“Edward Jones”) resulting from a multistate investigation into the broker-dealer’s supervisory failures. Customers paid front-loaded commissions for certain mutual fund shares despite later moving brokerage assets into fee-based investment advisory accounts.

February 14, 2023 - When a Picture Isn’t Worth 1,000 Words: Jones Loses TRO Bid Against Million-Dollar Broker – AdvisorHub (Feb. 10, 2023) Edward Jones’ Bid to Restrain Ameriprise Broker Backfires with $762K Arbitration Loss – AdvisorHub (Nov.

February 12, 2025 - The investigation found that Edward Jones charged front-load commissions on investments for some clients who sold or moved their mutual fund shares sooner than originally anticipated.

January 10, 2025 - Jones & Co. following an investigation that found the firm improperly supervised the transfer of certain brokerage account assets into advisory accounts. The NDBF is a member of the North American Securities Administrators Association (NASAA), ...

May 20, 2025 - Edward Jones has agreed to pay $17 million to settle a multistate investigation into how it handled the transfer of assets from brokerage to advisory accounts.

January 28, 2025 - According to the North American Securities Administrators Association, the investigation spanned four years and included 14 state securities regulators. The investigators looked into how Edward Jones supervised moving customers’ assets from brokerage to advisory accounts following the U.S.

August 23, 2023 - For example, following the 2016 “cross-selling scandal,” Wells Fargo advisors moved with near record velocity. Similarly, after a brief honeymoon period with Bank of America in which the legacy Merrill culture remained intact, many Merrill advisors left the Thundering Herd in the late 2010s and early 2020s as the “bankification” of the firm became more and more evident. And the most recent wave, as movement data proves, is among Edward Jones ...

February 9, 2023 - Recently, a Securities Exchange Commision (SEC) investigation into Edward Jones ended, with the investment firm owing more than $20 million in SEC fines. Unless you were a client of the firm, this news likely disappeared into the void.

July 27, 2021 - The lawsuit, which was first filed in 2018, alleged “systemic, intentional race discrimination” within the company, leading to the underrepresentation of Black financial advisors as well as lower pay than their counterparts.