Edward Jones Wants To Recruit Industry Veterans, Offers Big Bonuses

Thursday, May 05, 2011 07:00
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Edward Jones Wants To Recruit Industry Veterans, Offers Big Bonuses

Tags: recruiting

Edward Jones wants to overcome perceptions that it's the training ground of the independent channel, and it's offering seasoned advisors big bonuses to sign up.

This Website Is For Financial Professionals Only


 

Great interview with Jordy Evans of Edward Jones over here.

 

What it boils down to is that Evans wants to recruit a net 230 already-licensed advisors a year to the firm, which currently only gets 50 veterans a year and makes up the rest with trainees.

 

To court this crowd -- who have a lot of options already -- he's streamlined the application process and is offering a substantial 40% production bonus for newcomers who keep producing at current levels once they switch.

 

 

 

 

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