Edward Jones looking to invest in new tech, analysts say

Edward Jones Launches Service for Investors With $10 Million And Up
Edward Jones, the brokerage firm long known for serving Main Street customers, wants to drum up more business with wealthy investors. The St. Louis-based company is launching a new private client service for investors with a minimum of $10 million in investible assets.
Behind the layoffs: Edward Jones looking to invest in new tech, analysts say
Edward Jones is looking to catch up with its competitors by investing in new technology, essentially replacing workers at its headquarters here, analysts say.
Edward Jones confirms layoffs will hit St. Louis-area home office
Edward Jones will lay off some administrators of its home office team in the St. Louis area, but Managing Partner Penny Pennington said there isn’t a specific number or timeline.
Edward Jones Launches Private Client Services for High-Net-Worth Clients
Edward Jones, “investing significantly” to enhance its services for high-net-worth clients, announced the firm’s first private client services offering for U.S. high-net-worth clients, Edward Jones Generations.
Edward Jones is going upmarket with new high-net-worth service
The firm's new offering, targeted toward investors with at least $10 million, will put it head-to-head against some of Wall Street's biggest names.
Edward Jones will cut 'home office structure' in multi-year move
Edward Jones said Wednesday that it plans to reduce the size of its home office, but didn’t provide details on whether that would trigger layoffs.
Edward Jones launches new service for high net worth clients
Edward Jones announced the launch of Edward Jones Generations, a new private client services offering tailored to the needs of high net worth clients in the United States. The service is set to be available to select clients in the second quarter of 2025 and will see a broader expansion in 2026.
Layoffs coming to Edward Jones in St. Louis
Company spokesperson Catherine Stengel said these cuts will "strengthen our collaborative, client-first mindset and alignment with our firm goals."
Edward Jones' new service targets investors with at least $10M
Starting in the second quarter, the financial services giant's expanded wealth management service will be available to a limited number of clients in select cities, including St. Louis.
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