Edward Jones recruits military veterans to broker ranks
Jim Weddle, managing partner - Edward Jones
On this Memorial Day weekend, a reminder that veterans are not only appreciated for their military service but also can be a keystone to a successful business strategy.
Edward Jones[5] has been recruiting veterans as part of its strategy to recruit brokers. It has launched a training and compensation package designed to make the transition to a career in financial services more attractive. You’ll find the details here[6].
Jones has historically based its hiring strategy on recruiting successful business people, but candidates were tough to find during the recession because they were reluctant to leave the jobs they had. Military officers and other veterans were among the targets[7] for the strategy under Jones managing partner Jim Weddle[8].
During 2013, Edward Jones added 695[9] new financial advisers, bringing its ranks to 13,158, including about 1,500 veterans. Assets under care grew by $118 billion to $787 billion during the year.
Edward Jones reported[10] record profit of $674 million on record revenue of $5.66 billion for 2013.
Shoptalk, Banking, Economic development
References
- ^ Greg Edwards (feeds.bizjournals.com)
- ^ This email address is being protected from spambots. You need JavaScript enabled to view it. (feeds.bizjournals.com)
- ^ Twitter (twitter.com)
- ^ Facebook (www.facebook.com)
- ^ Edward Jones (www.bizjournals.com)
- ^ here (www.ejcareer.com)
- ^ among the targets (www.bizjournals.com)
- ^ Jim Weddle (feeds.bizjournals.com)
- ^ added 695 (www.bizjournals.com)
- ^ reported (www.bizjournals.com)