Edward Jones

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.

Profit plummeted in the second quarter as economic conditions and rising expenses took a toll on the firm's results.

Financial advisor Jennifer Marcontell went independent after more than 20 years with her prior brokerage, which itself is making a major change to its structure.

In J.D. Power's annual survey, a significant portion of wirehouse and independent representatives said they're considering a move to another firm.

There are signs that the firm’s headcount slippage is slowing, but that may account for reduced earnings due to higher compensation costs.

Executives of firms like J.P. Morgan, Morgan Stanley and Bank of America benefited from a stronger market in 2021 that increased incentive pay.

Senior brokers delegated to make compensation decisions systematically favor white men, according to a new lawsuit.

The brokerage sustained a net loss of hundreds of brokers last year after a pause in hiring during the coronavirus, according to its annual report.

In J.D. Power’s annual survey, independent and employee reps gave wealth managers a higher satisfaction index than last year.

Its parent seeks to support more holistic planning by combining it with two other subsidiaries.

At FP’s INVEST conference, executives from major firms explained how the coronavirus has altered the advisor and client experience for the long term.

With Edward Jones poised to settle a racial discrimination class action for $34 million, what does the case say about the state of diversity and inclusion in wealth management?

After its industry-leading headcount dipped slightly during the temporary ban, the wealth manager plans to offer more resources for incoming recruits.