Anybody works/worked for Edward Jones

I went there for an internship. Got it but didn't take it. It was with a financial advisor. I don't know if thats what your looking for.

She told me they pay for your series 7, you can have your own office, and they pay for your front desk assistant. Mostly your job is networking to get more clients and more money. I don't know there rules for managing the actual capital tho.
 
Quote from Jaysal555:

I went there for an internship. Got it but didn't take it. It was with a financial advisor. I don't know if thats what your looking for.

She told me they pay for your series 7, you can have your own office, and they pay for your front desk assistant. Mostly your job is networking to get more clients and more money. I don't know there rules for managing the actual capital tho.
From what I gather they are NOT fee-only advisors...but mostly sales, sales, sales.

I wonder how the model works if you stop growing assets?
 
Quote from SuperVolatility:

From what I gather they are NOT fee-only advisors...but mostly sales, sales, sales.

I wonder how the model works if you stop growing assets?

No idea, she seemed like she was more worried about getting more clients and keeping the ones she had then managing the money. Not what I wanted.
 
Quote from Jaysal555:

No idea, she seemed like she was more worried about getting more clients and keeping the ones she had then managing the money. Not what I wanted.
yah..sounds like salesman not a investment manager :-(
 
Quote from DataCruncher:

from what I have heard, it's a lot of old-school style going door to door looking for clients

Tell me about, the main project for the internship was making a presentation to a retirement community in her area.
 
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