The founders of EJ (including Ted himself) knew this and used that understanding to build a virtuous cycle of success that became Edward Jones. Trust built commitment, commitment fostered ownership, ownership supported loyalty, loyalty fueled... — read more 

Don’t say a word.. Davy’s gonna buy you a mockingbird.. and if that mockingbird doesn’t pay… you’ll get to keep your benefits and LP. ASK: does anyone know how many huckleberries got demoted and how their pay/ pay progress was impacted? Why is that... — read more 

Since we've Reimagined the values on which this firm stands, let's get rid of the Toast to Ted and Toast ELT: You've truly discovered the secret inGREEDient to success. The revolutionary way in which you've enriched yourselves and your friends... — read more 

Dear ELT, Since it's known that members of your team monitor this site, I would like to talk to you about your use of ChatGPT in writing firm wide correspondence. ChatGPT has a few idiosyncrasies that make it's use obvious to anyone that knows... — read more 

Don't forget to go to Glassdoor or other sites that potential talent might use to peek behind the curtain before interviewing and light them up. Be sure people know what a toxic place they've become.

If the firm expects or wants remaining associates to stay with the firm, you’d think they would give them a reason. Where’s the enhancements to comp, benefits, profit sharing, etc. that were dangled nearly two years back and mentioned again a few... — read more 

Hi y’all I hope you had a good weekend. As we look to start this week in our new reality, I feel so energized and proud to see our progress that we made in the last 6 months. We’ve managed to cut away less useful roles, brought in people that we... — read more 

Diversity consultant/trainer caught in profane tirade at McDonald’s. This happened in Ypsilanti. She’d just attended a conference in Detroit. https://www.youtube.com/watch?v=QR5GAeOeOs0 She’s still employed but her coworkers (who could be compared... — read more 

When my husband was diagnosed with stage 4 cancer my FA told be to look after my husband and my family, that my job would always be there for me. He had arrangements for me to work from home when things were bad after treatments and boy were they... — read more 

It’s always pi---d me off looking at those people that immediately have 30,000 steps at midnight. Ain’t no way you’ve covered 30,000 steps. Also those that have 30,000 steps everyday of the challenge Those are the people with no integrity and ought... — read more 

In this job market, that would have been a lot better than being laid off. I'd trade any of you demoted folks in a second.

Penny - why pay a speaking fee of $200,000 each to hear their motivational speeches? You should have hired them to give us pep talks about “Dribbling up the middle on our resumes” and the “Uneven bars of life”.

Last week many were told they could work from home. Now I'm facing going back in to the office knowing several teammates are gone and I've been demoted. My new team knows I was demoted. None of them were even impacted, so it feels like they cannot... — read more 

That they fire 259 people the week before Labor Day, the day the country celebrates the working population. A little insensitive, no? Unnecessarily cruel? But I guess when you have millions you don’t need a sensitivity chip. Read the room Penny.

All I see is frustration, anger, and disarray. Morale wasn’t great before, but now it’s completely tanked. Yes, I still have my job, but I feel sick just thinking about coming in tomorrow. Things can be done well and for everyone’s benefit, or badly... — read more 

We're at the St. Louis City soccer game. Guess what the promotional item is. Edward Jones sponsored lunch box. Seriously the weekend of he-l week? It sure got people in St Louis talking about how sad and disappointed they were of what happened... — read more 

This is the true joy in life, being used for a purpose recognized by yourself as a mighty one. Being a force of nature instead of a feverish, selfish little clod of ailments and grievances, complaining that the world will not devote itself to making... — read more 

Heard there is a small contingency of GP's discussing a no confidence vote for Penny. Has this ever happened at the firm?

The following transcript is Q/A with “Pondscum” in 2015 along with a 2017 YouTube video of him practicing the same talking points he spouts today. This parrot needs a new cr--ker. https://youtu.be/vxs9phSWz_U After the event, I caught up with... — read more 

Since this Enterprise Reimagine was so bad, who will take responsibility? There are loads of complaint from field and survivors, who should take responsibility? Also hearing that this is the master plan that Chubak wants Penny to do ER so that he... — read more 

I'm so tired of this cr-p.

I sympathize with leaders and associates that have been hit with demotions. As a part of ER, does demotion mean lower title, lower salary grade or reduction in current salary?

Demoralized by your peers feeling forced into accepting VSPs? Shocked by the ISPs? Me, too. Now the additional layer as been revealed - the quiet demotions. Make no mistake, this is quiet firing. They want to make people miserable so they leave on... — read more 

I just found this forum, and I tried search but it's not really helping. I haven't been here long so I'm not sure how layoffs work. How do they let us know? Is it 1:1 or in a meeting? Are people done right away or is an end date provided? Basically... — read more 

I really thought that after this phase that I would find reason to believe in the firm again. The opposite happened. It’s clear to me that this is not a place I want to work. Even though I’m safe, my faith and trust in leadership is broken forever... — read more 

Hey y’all! Hoping you had a relaxing Labor Day weekend - I hope this Labor Day allowed you what I call the “3 Rs” - it brought you time to recharge, reflect, and reconnect with what matters to you most. My fourth “R”? “Remember” to sign your... — read more 

Last year Penny was compensated 29 Million Dollars. If each person laid off had total income of 100,000 including salary and benefits, the total cost is 25,900,000. So if Penny took one for the team she would only made a paltry 3.1 million dollars... — read more 

Hey Penny Pincher Pennington! The thin veil you put in front of every HO associate’s face will most certainly backfire! Hiring a ton of offshore associates for cheap won’t magically fix your problems!!! We tried it in the past! It doesn’t work!!!... — read more 

What has this company become. I’ve given 19 years of my life to it and how do the big wigs repay me? A choice between termination or demotion. There aren’t words big enough to express how disappointed I am. So much pain and sadness.

I know things feel heavy right now with the layoffs, demotions, and whispers of age discrimination. The execs might be trying to scare us into silence, but we’re stronger than that. I wasn’t personally hit by the layoffs, but watching my friends and... — read more 

The layoff #’s posted in St Louis journal seemed lower than expected

How many people were let got in ‘24 and early ‘25 due to offshoring ?

Anyone who thinks the business will run more smoothly now can forget about it. What we’re really in for is more workload, missing critical roles, and teams left in disarray. If anyone has seen a single case where layoffs served some strategic... — read more 

Hey Y'all! I've decided to channel my inner hungry humble swagger and adopt a growth mindset. I used to care about being a team player and actually executing on work that would move the firm forward. But now I realize I need to grow into a... — read more 

259 ISP’s. Not exactly the “100” ISP’s they told us to expect. For those who said yeah but they said it would be 100 “roles”. BS. That was just corporate speak to disguise the real numbers. If they are so transparent, how come they didn’t publish... — read more 

258 roles closed from vsp and 259 got isp I'm not a math genius but that's 517. Six months of me in panic wondering how both me and my wife who worked here until she just found a new role would pan out to feed 3 kids for 517 roles?????? This place is... — read more 

Let’s call a spade a spade. EJ “Preferred Fund Partners” are nothing more than a kickback scheme that pays the ELT and GP’s handsomely while passing along the bloated expenses and fees to EJ clients. The firm collected over $315 million alone in... — read more 

I know the first thing I’m going to do is move all my assets out Edward Jones. That way they can’t make any profits off of my investments now and the future. Will also tell family and friends to do the same.

This was done solely for profit. In a time of a weak job market, aggressive inflation, and the dawn of AI, they just crushed people’s lives for money. At a recent summer regional, Penny stated a few times, “over my dead body will this place be sold”... — read more 

It’s pretty clear leadership isn’t thinking beyond the next quarterly report. The long-term impact of shedding talent, experience, and skill doesn’t seem to matter at all. No matter how well or poorly a company is doing, there are always cuts, so... — read more