Edward Jones

The firm could be roasted on the coals of its own publicly shared goals for increased hiring and support for diverse advisors, as well as its internal data that allegedly tracks related metrics.

Every score fell as investors gave wealth management firms ugly grades in a time of slumping stocks and bonds and fears of a recession.

Managing partner Penny Pennington received lower pay last year due to the declining business.

The case of fired broker Cory Clem, who accused former Edward Jones colleagues of betraying him and stealing his valuable client relationships, illustrates how things can go wrong during transitions. Here's what advisors can learn about making a clean break.

Cedarwood Financial Partners left Edward Jones after decades in an effort to carry out ambitious growth targets.

The mega-broker secured a victory with Secure 2.0 legislation in December after intense lobbying for the bill.

The giant wealth management firm allegedly made inaccurate representations to the regulator involving the call logs on two of its internal network drives.

The firm is rolling out team affiliations and internal career pathways into advisor roles, while looking to siphon off veterans from wirehouses by continuing a popular no-strings-attached transition offer.

Falling stock values pushed down client assets, even as the smaller base of brokers took in a higher amount of incoming holdings than a year ago at this time.

Penny Pennington had worked for Edward Jones for some 17 years when she was named the managing partner in 2019.