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 retired) took home over $130,000,000 in GP comp last year while our pathetic little LPs earned only a fraction of the GP shares.
2025 GP comp from this article:
PP $27.8m
AM $21.3m
KC $21.7m
DC $19m
KJ $21.3m
TOTAL $131.5
- FL retired at the end of 2025
Yet while they roll in the dough, we're faced with layoffs, offshoring, AI and the lowest morale I've ever seen in more than two decades. Shoot... each of these partners will make more money between now and 12/31 than most of us will ever see in our lives, much less be able to accumulate & grow for our own retirement.
It's been said before... you don't hate these trolls enough.