Edward Jones

Edward Jones
WikiStock Rating	⭐⭐⭐
Founded	1922
Registered Region	Canada
Regulatory Status	IIROC regulated, suspected FINRA clone
Product & Services	Wealth strategies; Insurance and Annuities; Solutions for business owners: Retirement Plans, Cash Management Solutions; Investment products: Stocks, bonds, mutual funds etc.
Fees	Brokerage Account: 0.5% to 3.0%
	Edward Jones Guided Portfolios: program fees start at an annual 1.5% with reduced rates for higher asset levels
	Edward Jones Portfolio Program: program fees start at an annual 1.5% with reduced rates for higher asset levels; investment management fees range from 0.43% to 0.60%,
Customer Service	Canada headquarters: Edward Jones, 90 Burnhamthorpe, Road West, Sussex Centre, Suite 902, Mississauga, ON L5B 3C3
	Tel: (877) 370-2627
	Email: catherine.stengel@edwardjones.com; Darryl.Konynenbelt@edwardjones.com

Edward Jones Information

　　Edward Jones, founded in 1922 in St. Louis by Edward D. Jones Sr., is a reputable financial services firm known for its client-focused approach and commitment to integrity. Edward Jones offers personalized investment services across its extensive network of more than 15,000 branches, including brokerage accounts, guided portfolios, and comprehensive retirement planning.

　　Operating under stringent regulatory oversight, including supervision by IIROC in Canada and FINRA in the U.S., Edward Jones ensures compliance and client protection. However, concerns have been raised about a suspicious FINRA clone license associated with the firm.

　　For more detailed information, you can visit their official website: https://www.edwardjones.ca/ca-en or contact their customer service directly.

Pros & Cons

• 　　Regulatory Oversight: Regulated by IIROC in Canada, Edward Jones adheres to stringent regulatory standards, ensuring client protection and compliance.

• 　　Personalized Service: Edward Jones is known for its personalized approach to financial planning, with dedicated financial advisors offering tailored advice based on individual client needs and goals.

• 　　Wide Range of Services: The firm provides a comprehensive range of financial products and services, including brokerage accounts, guided portfolios, retirement planning, insurance solutions, and various investment options.

• 　　Branch Network: With over 15,000 branches across North America, Edward Jones offers convenient access to financial services and local advisors in communities large and small.

Cons:

• 　　Suspected FINRA Clone: Concerns about a suspicious FINRA clone associated with Edward Jones have raised questions about regulatory transparency and credibility, warranting careful scrutiny from prospective clients.

• 　　 Higher Fees and Commissions: Some of Edward Jones' services involve higher fees and commissions compared to online brokerage platforms, particularly for transaction-based accounts.

Regulatory Status

　　Regulations:

　　Edward Jones operates under the regulatory oversight of prominent financial authorities globally. In Canada, it adheres to the regulations set by the Investment Industry Regulatory Organization of Canada (IIROC).

　　However, concerns have been raised regarding its suspicious clone FINRA license, identified with CRD#: 250/SEC#: 801-3297,8-759, which some view skeptically in terms of credibility.



　　Safety Measures:

　　Edward Jones' privacy policy ensures the protection of client information through rigorous security measures. These include encryption, secure storage, and controlled access. Client data is used only for necessary services and is kept confidential, adhering to regulatory standards for privacy and security.

Products & Services

　　Edward Jones offers a comprehensive range of financial products and services tailored to meet diverse client needs.

• 　　Investment Services:

• 　　Brokerage Accounts: Provides flexibility in investment choices with options for systematic investing and gifting to minors.

• 　　Guided Portfolios: Offers personalized investment strategies with ongoing guidance from financial advisors.

• 　　Portfolio Program: Features automatic rebalancing and predictable fees for hassle-free investment management.



• 　　Insurance and Annuities:

• 　　Life Insurance: Protects families financially and supports long-term goals.

• 　　Living Benefits Insurance: Prepares for unexpected life events with flexible financial strategies.

• 　　Business Insurance: Offers protection tailored to the unique needs of business owners.

• 　　Annuities: Provides retirement income and tax-deferred savings growth.



• 　　Solutions for Business Owners:

• 　　Retirement Plans: Helps business owners set up workplace retirement plans for themselves and their employees.

• 　　Cash Management Solutions: Assists in managing business expenses efficiently.



• 　　Investment Products:

• 　　Stocks, Bonds, Mutual Funds: Diversifies investment portfolios with quality options selected by Edward Jones advisors.

• 　　Fixed Income Investments: Provides regular income to complement investment strategies.

• 　　Exchange-Traded Funds (ETFs): Offers broad market exposure with flexibility and diversification benefits.



• 　　Retirement Accounts:

• 　　Offers various retirement account types tailored to individual financial goals and tax strategies, including Tax-Free Savings Accounts (TFSA) and Registered Education Savings Plans (RESP).

• 　　Cash and Credit Services:

• 　　Assists clients in managing investments effectively, finding suitable mortgage solutions, and optimizing borrowing opportunities.

Fees Review

　　Edward Jones offers a range of account types with varying fee structures tailored to client preferences and investment styles.

• 　　Brokerage Account:

• 　　Costs and Fees: Commissions on trades typically range from 0.5% to 3.0%, varying based on the investment type and amount.

• 　　Minimum Investment: No specific account minimum, but some investments require minimum purchase amounts.

• 　　Edward Jones Guided Portfolios®:

• 　　Costs and Fees: Clients pay a monthly program fee starting at 1.5% annually, adjusted for higher asset levels. Additional internal expenses for some investments may apply.

• 　　Minimum Investment: $25,000.

• 　　Edward Jones Portfolio Program®:

• 　　Costs and Fees: Clients pay a combined monthly fee including a program fee starting at 1.5% annually (adjusted for asset levels) and an investment management fee ranging from 0.43% to 0.60% annually, depending on the portfolio model selected.

• 　　Minimum Investment: $15,000.

　　These fees cover fees of various aspects of account management and advisory services, if you want to keep updated with the latest fee structure, contact the company or visit https://www.edwardjones.ca/ca-en/working-financial-advisor/fees

Customer Service

　　Edward Jones provides diverse customer support channels, offering assistance through phone, email, physical address and maintains social presence on Facebook, LinkedIn and YouTube.

• 　　Canada headquarters:

　　Edward Jones, 90 Burnhamthorpe Road West, Sussex Centre, Suite 902, Mississauga, ON L5B 3C3.

　　Tel: (877) 370-2627

• 　　St. Louis – South Campus:

• 　　Edward Jones headquarters, 12555 Manchester Road, Saint Louis, MO 63131.

• 　　270 Building, 1245 JJ Kelley Memorial Drive, Des Peres MO 63131

　　Tel: (314) 515-2000

• 　　St. Louis – North Campus:

• 　　201 Progress Pkwy. Maryland Heights, MO 63043.

• 　　130 Edward Jones Blvd. Maryland Heights, MO 63043.

• 　　170 Edward Jones Blvd. Maryland Heights, MO 63043.

• 　　Tempe regional headquarters:

　　Edward Jones, 8640 S. River Pkwy. Tempe, AZ 85284-2609.

　　For all global media inquiries, contact:Catherine Stengel, 314-515-5378

　　Email: catherine.stengel@edwardjones.com

• 　　For all national media inquiries, contact: Darryl Konynenbelt, 647-325-6897

　　Email: Darryl.Konynenbelt@edwardjones.com

　　Since Edward Jones has more than 15,000 branch office locations in the United States and Canada, you can visit https://www.edwardjones.ca/ca-en/find-a-financial-advisor/locations to look up for the exact one you want.

Conclusion

　　In conclusion, Edward Jones, established in 1922, remains a reputable financial services firm dedicated to client-centric values and regulatory compliance and offers a diverse array of products and services. These include personalized investment strategies, retirement planning, insurance solutions, and a variety of investment options such as stocks, bonds, mutual funds, and ETFs.

　　Regulated by IIROC in Canada and FINRA in the U.S., Edward Jones upholds stringent standards to protect client interests. However, recent concerns about a suspicious FINRA clone underscore the importance of vigilance in financial dealings with the company.

Frequently Asked Questions (FAQs)

• 　　Is Edward Jones regulated by any financial authority？

• 　　Yes, Edward Jones is regulated by IIROC (Investment Industry Regulatory Organization of Canada) in Canada and by FINRA (Financial Industry Regulatory Authority) in the United States, but its FINRA license with number CRD#: 250/SEC#: 801-3297,8-759 is suspected to be clone.

• 　　What types of products and services does Edward Jones provide？

• 　　It offers brokerage accounts, guided portfolios, retirement planning, insurance, annuities, and investment products like stocks, bonds, mutual funds, and ETFs etc.

• 　　Is Edward Jones suitable for beginners？

• 　　No, though Edward Jones is IIROC regulated and provides personalized guidance through financial advisors, its suspected FINRA regulation raises concerns for beginners who requires higher standard of security.

• 　　Does Edward Jones offer retirement planning services？

• 　　Yes, it offers comprehensive retirement planning services, including various types of retirement accounts and personalized strategies to help clients prepare for their retirement goals.

Risk Warning

　　Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information provided in this review may be subject to change due to the constant updating of the company's services and policies.