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As selling stocks gets tougher, the number of brokers has dropped 12 percent since 2008 to about 363,000 last year. Edward Jones is finding success by sticking to its old ways.
Edward Jones's James Weddle and Robert Keenan of St. Bernard Financial Services Inc. were elected to the Financial Industry Regulatory Authority's Board of Governors at its annual meeting.
Edward Jones uses "questionable telemarketing" tactics to recruit customers, according to New Hampshire regulators.
The privately owned broker-dealer aims to expand 5% a year and hit 20,000 advisors nationwide by 2020, Mark Eberlin of Edward Jones says.
Americans now hold $179 billion in 529 college savings plans. But less than a third of Americans actually know what a 529 plan is, according to a recent survey by Edward Jones .
A former Edward Jones advisor has jumped to Hilliard Lyons in Paducah, Kent.
Wells Fargo added a former Edward Jones advisor in Hudson, Ohio.
The firm is revving up its recruiting efforts as it eyes a growing market.