there are whisperings of a future lp offering. Would anyone buy in? With assets out almost exceeding assets in, i will probably sit this one out
Offsite…
Whenever we have these off sites for our division, I always feel like we leave with more questions than answers. Just once , it would be good to have GPs that can answer questions directly vs wishy washy unclear responses.
Why do we need so many layers of management?
What’s the point of having all of them? If we really need to reduce costs, why aren’t we cutting some of those positions instead of the people actually doing the work?
Departner
I'm in New York this week and a friend of mine works at Goldman and said in their model they "departner" people every few years. That way you don't have someone with a nothing job making millions of dollars. If Jones is serious they will look at... — read more
No Queen's Rally
October 23, 2025 there will be a No Queen's rally on public property at 12555 Manchester Road. St. Louis, MO at 2 pm protesting Penny Pennington's terrible leadership. Signs and petitions for a vote of no confidence will be provided.
Penny Must Go!
That is all. Thank you.
Partnership Restructuring Meeting November 5th
Penny just announced there will be a partnership restructuring meeting on November 5, 2025. This is being presented as a very exciting opportunity for the firm. I would not expect this to be very associate friendly regardless of how Penny tries to... — read more
Six Figures for Hoda Kotb, Really?
Penny brought Hoda Kotb in to speak at a conference for six figures while she is laying people off, demoting people, and sending American jobs to India. Where are Penny's priorities? Penny is managing partner to make sure the work gets done. Penny... — read more
Why So Surprised?
All these posts the last few months really confused me. I left Jones in 2023 after being there about 5 years. Easy job but no real money, went to FinTech and TC is three times my Jones pay. Jones is a glorified pyramid, everyone in the finance... — read more
Grant Me Grace, Dang It!
Hi Y'all, I know I am the worst thing that has ever happened to this once great firm. I know I am bringing the worst leaders the business world has to offer in and giving them GP payouts from day one instead of rewarding the long-tenured associates... — read more
Execution Team
Does anyone else find it odd and totally insensitive that the group of people handling offboarding of VSP'd and ISP'd associates is named the "Execution Team"? Is this just an insensitive error naming the team or is it some type of twisted... — read more
Penny's Page 10/13/25
In Penny's Page dated 10/13/25 it talked about the concept of Ikigai. For those who do not waste their time reading Penny's garbage anymore Ikigai is the intersection of doing what you love, doing what the world needs, getting paid for what you are... — read more
Recycled Leaders
I am not sure how some of these so called leaders make it to the top. But, that is one issue. What really boggles my mind is how so called leaders make decisions at one company. The first company turns around and reverses mistakes that leader... — read more
Contractors future Role
Any updates on contractors working for Edward Jones such as CGI, Accenture and Deloitte ? It already seemed like they wanted to fill as many positions with them as possible instead of full time EJ employees, but with the future offshoring seemingly... — read more
Rewarding the Wrong Things
Employers say they want people with integrity, loyalty, and to become really good at their jobs in order to serve the clients/customers with exemplary service and products. But, they reward people who do whatever it takes to advance. They tell FA's... — read more
What’s the most ridiculous examples of wasteful spending you’ve seen?
What’s the most ridiculous examples of wasteful spending you’ve seen? Drop your wildest stories of money being lit on fire. No names, just chaos.
What have layoffs improved?
Can somebody name one thing that's better now than it was before layoffs? I'll wait.
Hired Back?
Is anyone hearing of ISPs getting hired back? Or was that just a ruse?
Wheels Up to India
This week a big group heads to India including Penny, a few ELT and OC, Operations, and Digital. 30 GPs and directors will be touring cities in India to make a decision on where the Edward Jones Flag will be placed in India. This is the next round of... — read more
Penny's Missteps
Could Penny have sc--wed this firm up any more if she was trying? I would doubt it. She probably needs to pull a George Costanza and do the opposite of every single instinct she has ever had. If she did that the firm would probably soar. Penny is... — read more
Founder's Day 2025
I know Founder's Day was supposedly put on a hiatus during the pandemic, but leadership said they were going to bring it back or something to replace it once the world opened back up. Once the pandemic was over Penny was the new managing partner. ... — read more
Career Advancement
Who has been advancing Penny over and over again during her career? I mean just look at her name. That is way too much alliteration and redundancy. I could never take her seriously because of her silly name when I first met her as an FA. If she... — read more
No matter how hard you worked, no matter how much you believed in the firm before, you can never feel safe again.
I've been working at Jones for nearly my entire professional career, right out of college, for the past decade. I worked hard to prove myself in the eyes of leadership and my peers. Copious amounts of overtime, volunteering for more work repeatedly... — read more
Inhumanity
It was bad enough we didn't get to say goodbye to those they threw out of the firm as the firm asked us all to stay home to receive calls. We found out if you were laid off you were immediately banned from the building like you were a criminal. ... — read more
BOA.... Series 7
Is it true starting in January and beyond; if a BOA wants to work at a branch the BOA needs the Series 7? If so, is this a way for the firm to cut overhead at the branch level?
Layoffs
On a recent visit to Home office, I noticed an open bar (with paid servers) providing free beer and wine each evening we were there. I’m at a bit of a loss as to how this helps clients and why it is better to have this than the home office... — read more
Who the f*** docks employees a week's pay at Christmas time?
Check your Amplify for this week's Grinching. Who does that? What kind of leadership takes money from people at Christmas? Godda-n.
Managing Partner Missed Opportunity
Edward Jones missed their opportunity to name a managing partner that could have led us into the future without all of the Enterprise Reimagined turmoil. Edward Jones' Canadian president, DG, was the correct choice to lead the firm, not Penny. DG... — read more
Subject: 200+ Monthly Terminations, “Voluntary” Severance, and Potential WARN Act Violations
Over the past several months, it’s clear the company has been consistently laying off employees — roughly the same number each month, almost like clockwork. While leadership has publicly acknowledged these reductions, there are a few things don’t... — read more
Edward Jones Midwestern Values?
Lately I have been seeing ads talking about Edward Jones' midwestern values and St. Louis roots. This may have been true for a century. Since Penny took over as managing partner she has laid off St. Louisans in the home office and sent their... — read more
Enterprise Reimagined First Layoffs in Firm History?
Penny and team are touting Enterprise Reimagined as the first time in firm history EJ has had layoffs. Penny has said August 2025 was the first time there has been layoffs at EJ. I know for a fact that is a bold face lie. As early as 2023 some of... — read more
Trimester 2 Business Update
Did anyone else find it odd that Penny and team held the trimester 2 business update at a branch conference in Scottsdale, AZ? I have been at EJ for over a decade and I cannot recall a trimester business update not originating from the auditorium at... — read more
Hypocrisy At Its Finest
When Penny was named managing partner she spent like a drunken sailor on leave. Now she admits her mistake and says she is holding herself accountable. How is holding yourself accountable by laying people off and demoting people while she stays and... — read more
Asset bleed
There is constant talk about assets bleeding. Fingers point from above on what is not being done by areas and departments of the firm to motivate the field to improve. I would be curious the impact of Enterprise Reimagine to clients leaving who may... — read more
Post ER Demotions?
I survived ER in August and was moved to a new position. This new team seems a mix of different grade levels (not confirmed, just my feeling). Anyone heard of talk, or maybe think that, in the next months there could be another re-alignment of... — read more
100K Fee for H1B1 Visa??
https://www.cnn.com/2025/09/19/politics/trump-h1b-visa-fee
ISP means ISP...low odds of getting one of the 200+ open roles
I just wanted to provide my experience as someone who has been "ISPed." While I can appreciate the capability to look for a role (whether in Jones or outside) and get paid (something you probably wouldn't get anywhere else...which helps), from my... — read more
Gold/diamond employee pins
I’m an ex-employee with several gold anniversary pins with diamonds in them. Anyone know whether these have any value, even if to a jeweler who’d melt them down? I have no use for them and would love to at least get enough money out of them for a... — read more
How the mighty have fallen…
Anyone catch the trimester update yesterday and enjoy watching Penny feigning “empathy” while standing in her $5k custom spray painted EJ blazer? God what a pathetic excuse for an executive. She and the ELT live in a complete bubble! Disgusting.
Still undecided........
I opted out of VSP. I have mixed emotions on staying.... who else is in my shoes?