Edward Jones financial services company is a US-based financial services firm specializing in individual retirement and investment accounts. The company has over 14,000 locations throughout the U.S., Canada and Hong Kong.
Edward Jones was founded by Edward D. Jones Sr. in 1922 with a single location in St. Louis, Missouri to provide brokerage services for individuals who otherwise would not have access to professional financial advice due to their own or the banks’ high cost of service imposed on them because of lack of expertise or perceived low net worth. In 1958, the company began offering mutual funds through its optional fiduciary division called Edward D . Jones & Co from which came the current day business structure that is known as “the partnership”.
In 2018, Forbes ranks Edward Jones at the top of the “Best Employers in Canada” list. The company is number 90 on Forbes’ Global 2000, a list showing the top public companies worldwide based on a composite score from accounting numbers and annual sales.
Important Update on COVID-19
In response to COVID-19, Edward Jones working hours can vary, or maybe the spot can be currently closed as a consequence of quarantine limits. Check out the specifics of delivery choices on the local website of Edward Jones.
Edward Jones tweaked their shopping hours to permit employees a little extra time to clean as well as resupply goods on racks. Added to that, numerous Edward Jones locations have recently set up distinct shopping hours for members of the at-chance class.
What time does Edward Jones open?
| Monday | 08:00 AM – 05:00 PM |
| Tuesday | 08:00 AM – 05:00 PM |
| Wednesday | 08:00 AM – 05:00 PM |
| Thursday | 08:00 AM – 05:00 PM |
| Friday | 08:00 AM – 05:00 PM |
| Saturday | closed |
| Sunday | closed |
Other questions concerning their working hours
Is Edward Jones open on Sundays? – No, they are closed on weekends like any other government company.
What are Edward Jones hours for today? – You can look through our tables and in case you need a certain store – examine the official webpage.
When does Edward Jones close? – Edward Jones closes at 5 pm.
Are they open right now? – You need to look at the table above.
What is the history of Edward Jones Investments?
In 1922, Edward D. Jones Sr., who was a working-class man, started his own company called Edward D. Jones & Co in St. Louis, Missouri with the primary purpose of providing brokerage services for individuals who had no access to professional financial advice due to costs imposed on them by banks because of their lack of expertise or perceived low net worth.
In 1958, this business structure evolved into what is now known as “the partnership”, which allows investors to directly invest in Edward Jones funds without incurring sales loads or commissions.
During the 1960s and 1970s, Edward Jones grew tremendously with the help of new laws that allowed banks to offer investment services.
Between 1993 and 2002, Edward Jones grew from 400 employees to more than 11,000. During the same time period, they increased their client assets by six times; U.S.-based client assets were $47 billion in 1993 and grew to $258 billion in 2002 under Luecke’s leadership.
Under his tenure as CEO of Edward Jones Investments, he was selected five times by Institutional Investor for its All-America Research Team, which consists of 15 analysts on 32 U.S. exchanges.
During 2001–2015, Fortune ranked Edward Jones among the “100 Best Companies to Work For” while job website Glassdoor ranked corporate culture as number 1.
In 2018, Forbes ranks Edward Jones at the top of the “Best Employers in Canada” list. The company is number 90 on Forbes’ Global 2000, a list showing the top public companies worldwide based on a composite score from accounting numbers and annual sales.
In 2018, Forbes ranks Edward Jones at the top of the “Best Employers in Canada” list. The company is number 90 on Forbes’ Global 2000, a list showing the top public companies worldwide based on a composite score from accounting numbers and annual sales.
Edward Jones Holiday Hours – Close
| DATE | HOLIDAY |
|---|---|
| January 1 | New Year’s Day |
| November 28 | Thanksgiving Day |
| December 25 | Christmas Day |
| February 22 | George Washington`s Birthday |
| January 21 | Martin Luther King Day |
| May 27 | Memorial Day |
| July 4 | Independence Day |
| September 2 | Labor Day |
| October 14 | Columbus Day |
| November 11 | Veteran`s Day |
| December 24 | Christmas Eve |
Edward Jones Holiday Hours – Open
| DATE | HOLIDAY |
|---|---|
| February 14 | Valentine’s Day |
| February 18 | President’s Day |
| March 5 | Mardi Gras Fat Tuesday |
| March 17 | St. Patrick’s Day |
| April 19 | Good Friday |
| April 21 | Easter Sunday |
| April 22 | Easter Monday |
| May 5 | Cinco de Mayo |
| June 16 | Father’s Day |
| May 12 | Mother’s Day |
| October 31 | Halloween |
| November 29 | Black Friday |
What are the locations of Edward Jones companies?
Today they have more than 15 000 locations all over the USA and Canada. They operate under such areas as Phoenix, Kansas City and Chicago.
Edward Jones near me
What services do Edward Jones Investments offer?
Edward Jones Investments offers financial services to individual investors, including brokerage & retirement plans. They also offer wealth management services to help their clients build and protect assets over the long term.
Wealth strategies:
Edward Jones offers a wide range of high-quality products and services to help you pursue your financial goals, including:
Retirement plans -including 401(k), 403(b), 457, and other employer-sponsored plans.
Investment management – whether you want a simple investment plan or a customized portfolio, we have the expertise to help you meet your needs.
Financial planning – is your trusted partner, we can work with you to create personalized strategies that fit both your short-term and long-term goals.
Individual stocks – from blue chips to mid-caps, our experienced brokers can help you choose from thousands of individual securities across many sectors.
Mutual funds – those looking for mutual funds will find more than 5500 fund choices on the products menu.
Trust company:
They offer trust services to help their clients create personalized estate plans, provide asset protection and achieve financial goals.
Separately managed accounts – investment management tailored to fit your unique needs.
SMA’s for fee-based advisory services – they offer both discretionary management of assets as well as portfolio management. They can also serve as a trustee or agent on an account if necessary.
Account options:
Retirement accounts – including individual & joint accounts, rollover IRAs.
Trusts – including living trusts, revocable trusts, and irrevocable trusts.
529 plans – this is a tax-advantaged way to save for college.
Estate planning – they provide personalized estate plans with strategies that include insurance, investments, trusts, and more.
Asset protection – they offer asset protection strategies to help their clients protect savings & retirement assets from lawsuits or other legal claims.
Pension plans – including 401(k), 403(b), and IRA accounts.
Insurance and Annuities:
Term life insurance – this is a way to ensure your life for a set period of time at a fixed rate.
Whole life insurance – this policy offers lifelong protection with savings & cash value features.
Universal life insurance – this is a flexible form of permanent insurance that can be tailored to customers’ needs. It has an investment component and premiums can vary over the years based on investment performance and need.
Variable universal life – this policy also has an investment component, but premiums vary even more widely than in standard universal life plans. The savings potential is unlimited, which makes it ideal for those who want to build wealth faster than they could with other policies.
Indexed universal life -this provides coverage similar to whole or variable universal life but also includes market participation in either the S&P 500 or Dow Jones Industrial Average.
Annuities – in addition to single premium and monthly income options, they offer fixed & variable annuities.
Long-term care plans – this helps protect you from the high costs of long-term nursing home care. They can be used to pay for a variety of services including at-home assistance, assisted living facilities/nursing homes and adult day care centers.
Solutions for Business owners:
SEP IRAs – these IRA accounts offer the same tax advantages as traditional IRAs, but there is no employer contribution required.
Solo(k)s – these are retirement plans that self-employed individuals can establish for themselves and their employees.
Profit-sharing plans – these allow small business owners to reward key employees while also reducing payroll taxes by making contributions on behalf of all participating employees.
403(b) Plans – this plan works much like a 401(k), but it’s typically offered by nonprofit organizations or schools to their employees.
Cash balance plans – this type of defined benefit plan allows business owners to put away money each year in order to grow future retirement income faster than could be done with other types of savings vehicles.
Plans for your employees – they can also help you offer a wide range of savings solutions to your employees. Options include SEP-IRA, SIMPLE IRA, 401k, or 403b plans.
Company stock plan – this option allows business owners to match their employees’ contributions with company stock at no cost to the employees.
Profit-sharing/ESOPs – they can provide information about how these alternative methods of retirement savings work and whether they are appropriate for your situation.
Work with a financial adviser
At Edward Jones, you can work with a financial adviser who can provide you and your family with guidance and financial strategies. Their advisers (RIA) are registered investment advisors.
There is no fee for their service; this allows them to be unbiased in the investments they recommend rather than being motivated by commissions or other incentives like some other firms.
Edward Jones focuses on building long-term relationships that enable them to really understand the needs of their clients and give sound advice based on those specific needs.
Their mission: “To help clients achieve their long-term financial goals through comprehensive financial planning, world-class products and services, and firm leadership.”
The financial advisers will help you to design a plan based on your needs. They will also help you to monitor that plan, adjust it as needed and implement it.
They can offer insurance products if they are available in your state. If they are not, they may recommend other reputable companies that do offer them.
The financial advisers will review expenses including how much money is spent per year on food, transportation, housing, entertainment, and so forth. After this review has been done they will present various options for saving or getting out of debt based on what they find.
You should know that the information contained here is general in nature and cannot substitute for individualized tax or legal advice which can only be provided by a professional tax adviser or attorney respectively after reviewing your situation with all your pertinent facts and circumstances. For more information please contact Edward Jones, we do not offer tax advice or legal services as part of this advertisement.
Client Resource Center
Any client of Edward Jones may request a copy of their current RIA Form ADV from the Client Resource Center. This is basically a disclosure document that explains the fees and how they work, services offered, products or products under consideration along with specific information regarding your account(s) and why they were recommended.
They have also developed a brochure called “The Next Step”. It goes into greater detail about some of the topics discussed in the article including retirement planning, asset allocation, diversification strategies and general investment advice.
With this Resource Center clients can access a wide range of literature including Advisor Training and Development, Brochures, Publications, Tools and Calculators as well as the ability to request a Wealth Management Consultation or call an office near you.
Investing – whether it is for retirement, insurance protection or investing strategies – involves risk which could result in the loss of money invested. There is no guarantee that any investment strategy will be successful.
What are the benefits of using Edward Jones?
To summarize the article, Edward Jones is a large financial advisory company that focuses on long-term relationships and building trust. They provide no-fee advice in order to remain unbiased and work with you one on one in order to build a plan based on your unique needs.
They offer insurance products if they are available in your state and can review expenses and help you find ways to save money or get out of debt. The Client Resource Center allows clients access to resources such as literature, tools, and calculators for planning their retirement or general investing.
Edward Jones emphasizes building long-term relationships and offers no-fee advice. They also offer insurance products and can help you design a plan to save or get out of debt. Access to literature, tools, and calculators is available through the Client Resource Center.
How much money do you need to invest with Edward Jones?
For the initial investment, they don’t have many requirements. All they need is $5,000. If you are investing in mutual funds then the minimum investment amount is $2,500-$3,000 dollars.
If you’re looking for financial advice and want to meet with an adviser face-to-face, expect to pay a one-time fee of a couple hundred dollars or more. Fees range from a few hundred dollars to thousands depending on your individual situation and which products you choose.
From there it can range anywhere from 0% to several percent depending on what product/s you decide on going with as well as other factors such as overall assets under management or goal type etc.
