New offering grabs $2.8 billion in first few days; a JPMorgan fund has similar outflow.
Edward Jones is launching a proprietary fund. The bigger question is why?
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.
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.
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.
Edward Jones uses "questionable telemarketing" tactics to recruit customers, according to New Hampshire regulators.
Brokers at Edward Jones are being asked to sign a new employment contract. While the agreement is not new, the tough wording has caught some reps by surprise.
Wells Fargo added a former Edward Jones advisor in Hudson, Ohio.
A former Edward Jones advisor has jumped to Hilliard Lyons in Paducah, Kent.
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 .