Next cascade should focus on redoing cascade 1. Since cascade 2, we’ve seen the same incompetent leadership coming through. How about doing cascade 1 correctly before shaving associates first? As they say, it all starts with leadership and we have... — read more 

I am watching the Big XII championship game right now presented by Edward Jones. In a first quarter commercial break here pops up our beloved Penny Pennington with her dyed hair (when you see her in person she has plenty of gray). She talks about... — read more 

Human Capital had a meeting yesterday and to say that it showed the firm is going nowhere. Over 10 years and none of the HC leadership has ever been any good but if we are trying to "Project 2030" what is this? SM has no direction, just all over the... — read more 

Did anyone in the HO receive and email from HR about updating your work history, education and skills? Just curious as I’ve been with EDJ for a long time and never received this kind of email before.

I’m so sick of the AI slop on Penny’s Page. Real interesting how all these em dashes started showing up after generative AI advanced. Disrespectful. Just stop posting instead of pretending we are all too stupid to notice.

Anyone receive theirs yet? Just curious how long they will make us wait for it, being the holiday season and all.

How many of you agree that one of the first signs a company's leadership is beginning to fail, from top to bottom, is when feedback is disguised as praise (so you have a chance to keep your job and not be targeted in retailation) and true... — read more 

My position was eliminated and I received the severance summary form. Am I understanding correctly that the severance offer "package" arrives on my last day and has to be signed by 5pm? If so, how are we supposed to have time for an attorney to look... — read more 

As part of the reorg, we have this new sales enablement function. I still have not seen the value of this function as none of the leads are not really doing much. What is this supposed to be? Can we get some competent people to enable this?

Do you think PP has ever seen Christmas Vacation? I say no….

It's become a standard practice here for leadership to schedule last-minute "urgent" meetings, often to discuss issues that have been pending for weeks. This blatant disregard for personal time and planning has created a constant state of exhaustion... — read more 

https://m.facebook.com/story.php?story_fbid=pfbid0roqpdp5UX4KS1QNaNghonZw12YD4MTJgvkWHdzy6KQLJGKAbsYu6NkAibDYhWFYKl&id=61568467476584&mibextid=Nif5oz

Sitting here remembering when each holiday season, BOAs could choose a turkey or ham to take home. I was so proud to provide that for my family. That "founder of the feast" feeling. When that program was axed a year after PP got here, I thought it... — read more 

What was the deal today with that firm wide system outage between 12-1:00? Comms screens, Outlook, Zoom, Surpas all went down and rumors were saying cyber attack. It was down for over 45 minutes in my area. Not one email was sent out by the powers... — read more 

Chubak is planning unannounced layoffs before Christmas. This is a psychological ploy he used at Citi in order to "keep the survivors in line". Apparently, he is paranoid the people left behind will form some type of revolt against senior... — read more 

EJ actually has a 6 page "layoff guide" available to help clients when their lives are turned upside down. How nice...better refrain from further comment.

When I first entered this industry decades ago I was told by a fellow associate who had been in the industry for decades themselves this is how leaders who are insecure operate. In my decades in the industry I have seen this first hand for myself to... — read more 

I've heard from a few people that there's no need to worry about layoffs until next year. The higher-ups don't want to upset people too close to the holidays. Is this true or is it just wishful thinking?

Today's a sad day as more VSPd or ISPd associates walked out the door. Some exhaled, took a deep breath and said "good riddance". Others started to cry as they're leaving a place they've called home and family for numerous years. I'm sad to see... — read more 

I’ve heard that conversations are happening to reinstate a return to office for the entire work-week as opposed to the current 3-day requirement. Does anybody have any additional intel to confirm or deny this is on the table? I feel like the open... — read more 

Feeling so uneasy tonight. I just realized that tomorrow is the last day for those who received a VSP. I was lucky but it’s not lost on me that tomorrow will be some’s last paycheck. We lost a total of 4 people in our area and none of them have found... — read more 

In another thread someone said the field is being targeted with layoffs now? Can anyone verify this and how widespread it is?

I heard that Chubak got well over $4MM for a sign-on bonus here- I can’t even imagine earning that in my whole career. It’s just another example of how far removed he is from the rest of us.

Since the layoffs, most of my department is working overtime. Others, like myself, are still working their 40 hour work week and letting the work be delayed. We haven't been told directly to work overtime, we're just expected to do more with less... — read more 

A few commonalities between the penny (1 cent) and Penny: The penny is 232 years old, Penny’s reign feels just as long. The first penny had a woman, free flowing hair, symbolizing liberty. This Penny symbolizes tyranny. A “penny for her thoughts”... — read more 

Have you looked at the 401K investment changes on the email from Monday? Seems like they are narrowing down our choices. And it’s odd that there is a Schwab IRA option. Aren’t they a competitor?!

Leaving Loudly: Why I’m Gonr After a Decade The End of a Chapter Friday marks my last day after ten years of dedication, hard work, and consistently exceeding expectations—90% of my ratings were top-tier. Yet, despite the numbers, the experience left... — read more 

https://www.advisorhub.com/edward-jones-to-raise-1-4-billion-in-2026-partnership-offering/

This is something I’ve observed and was curious if others have seen the same. I’ve seen females rise faster within EJ home office than male colleagues. Obviously there are many males still being promoted and serving in leadership positions but is HR... — read more 

Penny Pennington announced Edward Jones is the official Wealth Management partner of the Big XII Conference. This figures. A third class wealth management firm for a third class athletic conference. Everyone knows the top two conferences are the... — read more 

If AI is supposed to replace mundane, everyday tasks then why wouldn’t we reduce GP headcount further? Some of these GPs do not add any strategic value, they seldom make critical decisions and don’t have the competency to lead the people through... — read more 

I am joining EJ in couple of weeks and really worried about layoffs. I am leaving my current job to join EJ. There is pay bump in this job at EJ but I am afraid that the work load is too much and not sure how much is the bonus. They said the bonus... — read more 

In the email about lp they also talked about this new director role. Is ej finally gonna stop pretending gp is about anything other than how much you kiss up? Some of the partner jobs are less scope than some of the dl's so guess if you have a big... — read more 

Today is my last day at this clown show. Good luck to those that choose to stay on this sinking ship. It will be slow, but inevitable with PP, DC and the other clowns running the show. Peace.

As a retired, original LP owner I am wondering why the most obvious question was not addressed. How will this change affect annual payout percentage, for original owners, in the future. We have enjoyed an average 20% for many, many years. Will that... — read more 

Curious….has anyone who received an ISP found a job yet? This market is brutal and I feel like I’ve been blacklisted. Since early September I’ve only had one real interview and three “networking” calls. I actually had a recruiter say ‘they (Edward... — read more 

Media reports are swirling

I want to start this conversation because something isn’t adding up in the way our company talks about risk and reward. We’ve all heard the narrative: “Partners take on the financial risk, while employees share in the success.” But when you look at... — read more 

Thoughts on new lp?

It appears as if security at Home Office is being more aggressive lately. We have been told to report anyone who we do not recognize on our floor immediately to firm security. We have also been told to not hold the door open for anyone after we... — read more