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Reallocation gives pop to Edward Jones’ first fund launch
New offering grabs $2.8 billion in first few days; a JPMorgan fund has similar outflow.
Edward Jones settles cold-calling case for $750,000
The New Hampshire Bureau of Securities Regulation accused the firm of unlawfully soliciting clients on do-not-call lists
Jones moves to capitalize on fee business
With more than half of its revenue coming from fees, Edward Jones plans to start selling proprietary investment products in a sharp break from the past.
Edward Jones adds a fund family to its preferred list
J.P. Morgan secures a highly coveted place in the broker's stable of asset managers.
Execs put out word about bond jitters
Jim Weddle, a managing partner at Edward Jones, has done something that he hadn’t done in more than…
Helping school kids
Edward Jones financial advisers in Sierra Vista, Ariz., have collected $10,000 in school supplies in their third annual…
Edward Jones pulls plug on Hartford life, annuity sales
The Hartford's surprise exit from several key businesses is still making waves in the advice industry. The latest news: Edward Jones has ceased selling the carrier's life insurance and annuities.
Ex-Edward Jones brokers under FBI scrutiny over alleged Ponzi scheme
The FBI is investigating two former Edward Jones brokers based in South Dakota for their role in a “selling-away” case that involved raising money from clients who invested in an alleged Ponzi scheme.
Rare win for a rep in defamation suit against Edward Jones
Former adviser with firm claims broker-dealer defamed him on U-5 termination report; brokerage ordered to pay $100K
Edward Jones teeing up cheaper VA share class
Company says O shares won't have front-end load, making them cheaper than other contracts; will likely discourage exchanges
Why Edward Jones could add 2,400 new reps this year
Brokerage firm Edward Jones this week announced that it plans to add up to 20 branch offices to the more than 60 it has in the state of Utah.
Prudential hooks up with Edward Jones to launch A-share VA
Prudential Financial Inc. is teaming up with Edward D. Jones & Co. LP to create a new A-share variable annuity. The insurer expects to submit a filing for the product in the next 30 to 60 days.
Advisers rate the B-Ds: Who’s #1?
The latest adviser satisfaction ratings are in. And this year, the rankings include independent broker-dealers -- as well as a few surprises.
Edward Jones loses star reps to wirehouses
Edward Jones lost two million-dollar producers in the span of a month. That's a surprise -- given the firm's reputation for holding on to top talent.
Edward Jones axes longtime research boss Alan Skrainka
Alan Skrainka, a familiar face on CNBC, had worked at the firm for nearly 30 years. His time at Jones came to a screeching halt, however, after the brokerage fired him for using written material without proper attribution
Edward Jones to hire 1,000 advisers this year
St. Louis-based brokerage firm says it is reaping the benefits from the national trend of financial advisers exiting bigger brokerages and bringing their clients with them