Read the HO QA questions and the ELT answers and seems to me like they will now be masking ISPs and layoffs with a term titled Future Ways of Working… I am all for the future and the tech we can invest in but my issue is we are nowhere ready for all... — read more
2025 MP/GP/ELT comp
https://www.financialadvisoriq.com/c/5115064/722894/edward_jones_chief_penny_pennington_dips According to this article, PP's income took a 3.5% cut and only took home $27.8mil in GP earnings. In fact, the top 6 partners (including FL who's now... — read more
Rumor Has it…
They are eliminating all of the TLs in practice management, giving them 60 days to find a new job in the firm with not many other details provided on what then. As many of us saw, once you were ISP’d there was no going back, you were black balled... — read more
The leader litmus test
There are two types of leaders. The confident ones hire the best minds around them, people who'll challenge them and give honest advice. The insecure ones hire yes-men. The second kind is running this company straight into the ground, and they're... — read more
United Way trivia event:
Am I the only one that finds it odd that this large charity event we hold every year does not have our MP anywhere near it? I swear this woman is a ghost and is checked out from this company. She makes time to fly around the country for photo ops at... — read more
Digital Town Hall - GCC India update
Heard the update on GCC. A lot of questions were asked by attendees of which some were selected for response. The answers were non-answers which was not surprising. People can handle uncertainty and difficult truths much better when they are... — read more
Sc--wing over Class A LP holders
In the new LP filing, it looks like capital is being restructured in a way that totally sc--ws over Class A LP holders. It appears the new Class B has no guaranteed return, but will receive all variable profits. It appears Class A retains the 7.5%... — read more
Digital managed solutions
As a CFP is it my fiduciary obligation to recommend clients pay .65 vs 1.35? Nice to know exactly what full service advice costs the GPs.
CES
I highly recommend to fill out the CES that was sent out and make sure to put in comments. I am not sure how much ELT will care about these, but they at least get shared out in meetings with results and that has some importance.
Home office compensation
For decades, Edward Jones’ home office compensation and benefits have been well below average. 20% below-market salaries and bonuses; terrible health benefits; stingy PTO; a pathetic $500 401(k) match. Although there’s a heavily-trod path of young... — read more
What Happens If Associates Do Not Participate in the Class B Purchase
If the workforce collectively refuses to sign the promissory notes or buy into the new Class B LP structure, the firm's engineered restructuring playbook faces a critical roadblock. Management cannot easily absorb the capital shortfall, leading to a... — read more
The Private Partnership Exit & Debt-Shifting Playbook
Stage 1: The Valuation Peak & The Secret Trigger The Catalysts: Historical peak returns (e.g., 50%+) begin a sharp, permanent downward trajectory toward lower double digits (e.g., ~23%). The Executive Realization: Aging senior partners realize... — read more
LP Update Nothing Burger
Was it just me or was that LP update nothing new?
LP Liquidation
Does anyone know how long its taking the firm to liquidate LP's after ISP? My last day was July 2 and I still haven't gotten my LP liquidation. Just curious if anyone that had an LP after being ISP'ed can tell me about how long it took to get the... — read more
Edward Jones named to the PEOPLE’s 2026 Companies That Care list
We home office associates find this award horribly ironic. Wonder how much they had to pay to make it on this list.
PP sighting off campus over weekend
I’m a former Jones associate who was laid off through a VSP. I was at West County Mall Saturday with a friend who also used to work for Jones, but left long before the current nonsense. After we parted ways, she stopped at Michael’s and ran into... — read more
Public/ Private
PP said we’re not selling the firm. But do you think going public is a possibility?
Are HBAs sc--wed?
Worst case, they will be asked to relocate to St. Louis or Tempe at some point soon. Best case, they will be allowed to continue in their remote roles with no prospect of advancement. I would love to hear your thoughts.
What's severance like these days?
I've heard everything from 3 weeks per year down to 2 weeks total. Where's the actual official info available?
LP Structure
Why would anyone take this. Here’s a few things I’ve thought about: You have no control or say over how the firm is run No covenants and Class B has no rate floor, so you are last in line for any payouts If something happened in the... — read more
AI response quotes my opinion
Just an FYI for you. I entered a comment (on this site) about how Jones is reducing payouts on LP A share and provided my conjectures on its future. I was searching for sites that might provide more information on the offering. Guess what— AI quoted... — read more
I Am The Richest Woman in America
I'm the richest woman in America. I have a firm that despises me due to my faults. I have 10 ELT members. Two love only themselves. Each of them loves no one but one is very loyal. I have a wardrobe that transports me to the “big tent” that I... — read more
I think my leader is antisemitic
What do I do
Home office meeting was a joke
Their answers to questions were so bad. They are so disingenuous. There feels like there is so much more of a push to do more work and their answers are just around that they do so much research on pay, bonuses are good, etc. We don’t buy it. Why... — read more
What’s the catch with LP?
It seems way too hyped up to be true. I feel like so many of the answers to questions are “wait for the LP”. There has always been this promise of 20% returns. What’s the catch? Are they going to drop returns? I’m genuinely curious.
Just a numba
As a consult with a third party company, should I be upset that I don’t count as a person on the team? Cuz technically I guess I ain’t This place only fills the needs of humans with temporary support. Leadership says they care but do they? Just a... — read more
HBA relocation
At the town hall mtg, there was a slido question about HBA relocation. What was the outcome of the recent survey? Any plans requiring associates to move to St Louis? They didn’t get to that question. If anyone has inside scoop, please share.
5 Days a week
Haha. I knew it was coming. They just said anticipate 5 days a week in the home office connect when someone asked if they are gonna go back to two days at home. They said “nope. Actually we anticipate five days a week…” TOLD YA SOOOOOOOO. HBAs... — read more
RTO
Has anyone’s manager said anything to them about being in the office less than 4 days per week?
How low we've fallen
The only people I know who aren't job-hunting are the ones who can see the retirement finish line. They hate it, but they're hanging on. One colleague is less than six months away, he'd love to be laid off, get a paid summer and unemployment. I keep... — read more
So... what happened to everybody? VSP, ISP, left on your own, still there? How are you feeling about it?
The hardest part of being ISP'd was genuinely that I wouldn't get to see the people I got to know over a decade. I kept in touch with some that left on their own, pretty much all who I knew that also got ISP'd, and some that are still there. I know... — read more
No tokens for you!
Heard that teams are being limited on their AI spend due to extreme costs by some dev groups. Like $100 per month limit is what we were told, but don't know that for sure. Anybody else have more details on this shiz show? Hahahahaha...AI is so... — read more
Has anyone at Edward Jones taken on a second job just to make ends meet?
After eight years with the company, consistently good performance reviews, and earning my Series 7, I never expected to be living paycheck to paycheck. But with the pay scale failing to keep up with the rising cost of living, I have reached the point... — read more
Practice Advisory Consulting
Why, as a leader in the field, am I now having to do the work of this team? The math is strange - I generate revenue, the firm allocates my revenue for this home office work yet I’m the one doing their work. From what I hear - the GP running it is... — read more
Workplace Engagement
Why are we measuring workplace engagement with physical badge swipes? Is this how effective leaders measure employee engagement in 2026 when tech enables top talent to collaboration from anywhere? Policies like this make employees less engaged. What... — read more
What happens when the AI Bubbles bursts?
AI is overhyped and I think investors are starting to catch on. I have yet to hear how the AI companies, (ChatGPT, Claude...etc....) are going to make back the money money being spent on datacenters,(100s of billion$). As far as I can tell there... — read more
Here's the thing about layoffs
They cut the people, but they don't cut the work. So the rest of us are left trying to do the same amount with fewer hands. We're now all stretched way too thin and I can feel people burning out. I'm honestly worried that some of the remaining team... — read more
Lp proposal approved— all current lp owners are officially sc--wed
I just read Jones’ backstabbing lp proposal for B shares has been approved. Anyone owning A shares will be stomped on and buried. I believe they want all of you to transfer to B so Jones won’t be locked in to the guaranteed 7.5% and whatever profits... — read more
Reimagined 2027? Prepare Yourself, Apparently
From what I heard, Human Capital basically told leaders to take a training or read a book if they’re nervous about being laid off in the future. The focus should he gaining new skills. In other words, prepare yourself because it could happen. They’re... — read more
The Anatomy of an Efficient Office Day
Figured I’d use AI to create this since AI is our future. Thanks copilot! A chronological descent into corporate madness. 06:30 AM | The Commute of Champions Spend 55 minutes staring at brake lights because burning gas and inhaling highway... — read more