Edward Jones financial advisers have one goal: to make a positive difference for their clients.
“Regardless of what happens with COVID-19 and the challenges it presents now, and in the months ahead, it’s important to have financial goals,” says Todd Young, Edward Jones financial adviser and regional leader for 60 branch offices in the Denver metro area.
“People are still building plans to send their kids to college. They are still preparing for retirement,” Young says. “It’s critical to be able to work with someone one-on-one who will take the time to understand what you need and help you build strategies to meet your goals. You need someone who can help you navigate the next days and the months ahead.”
Young knows his clients, especially those who may be retired or are nearing retirement, are especially nervous about the future. That’s why he and his associates have been proactive about reaching out to clients to let them know there’s a plan that’s appropriate for them.
Edward Jones, founded in 1922, has 373 locations in Colorado. In addition to working to help its clients, Edward Jones also works to support the communities it serves. Volunteerism is a vital component of the firm’s culture.
“We all feel very fortunate that we get to do what we do, so we contribute our time to giving back,” Young says.
Edward Jones raised more than $3.3 million in 2018 for the Alzheimer’s Association annual Walk to End Alzheimer’s. As a presenting sponsor for the event, the company’s total contribution topped $6 million. In Colorado, the company organized 39 Walks to End Alzheimer’s that drew 314 participants and raised more than $56,000.
Looking to the future, Edward Jones plans to continue recruiting more high-caliber financial advisers and will continue its Goodknight mentorship programs to ensure new associates are successful. The company devotes 24% of net profits annually — $229 million in 2018 — to profit sharing for associates who have been employed six months or more and work at least 20 hours a week.
“Our philosophy is we work together, we share our financial rewards, and that brings out the best in everyone,” Young says. “That’s something that personally I cherish.”
Years named: 8
Headquarters: St. Louis, Mo.
Employees: 47,317, with 855 in Colorado
Locations: 373 in Colorado
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