Edward jones branch office administrator salary: EDWARD JONES Branch Office Administrator – Hubbard, OH Salary

Edward Jones Branch Office Administrator Salary

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Updated August 22, 2022

$42,279yearly

To create our salary estimates, Zippia starts with data published in publicly available sources such as the U.S. Bureau of Labor Statistics (BLS), Foreign Labor Certification Data Center (FLC) Show More

$20.33 hourly

Entry level Salary

$33,000

yearly

$33,000

10 %

$42,279

Median

$52,000

90 %

How Much Does Edward Jones Pay Branch Office Administrators?

Edward Jones pays Branch Office Administrators $42,279 per year on average. This is 23% more than the national average salary for Branch Office Administrators.
Branch Office Administrators make $34,305 per year on average, or $16. 49 per hour, in the United States. Branch Office Administrators on the lower end of that spectrum, the bottom 10% to be exact, make roughly $33,000 a year, while the top 10% make $52,000.

Location impacts how much a branch office administrator can expect to make. Branch Office Administrators make the most at Edward Jones in Springfield, IL, Phoenix, AZ and Noma, FL.

How Much Does Edward Jones Pay Branch Office Administrators By Location?

If you want to get paid the most as a Branch Office Administrator at Edward Jones, Springfield, Phoenix and Saint Louis are the best options, as they are the highest-paying cities in this company.

Branch Office Administrator Salaries By Location At Edward Jones

Rank	City	Avg. Salary	Hourly Rate
1	Springfield, IL	$49,756	$23.92
2	Phoenix, AZ	$43,406	$20.87
3	Saint Louis, MO	$43,000	$20. 67
4	Noma, FL	$40,029	$19.24

Which Edward Jones competitors pay branch office administrators the most?

If you want to compare the branch office administrators salaries between Edward Jones and some similar companies, being employed by a company such as Apollo Global Management or Fidelity Investments would be a smart choice, as they are the highest-paying companies in this field. Additionally, companies like Citi and Stifel Financial also report highly competitive salaries for branch office administrators.

Highest paid Branch Office Administrator jobs at Edward Jones

Frequently asked questions about Edward Jones Branch Office Administrator salaries.

How Much Does Edward Jones Pay Branch Office Administrators An Hour?

Edward Jones pays branch office administrators $16 an hour, on average.

What Is The Starting Pay For A Branch Office Administrator At Edward Jones?

The starting pay for a Branch Office Administrator at Edward Jones is $26,000 per year, or $13 an hour.

How Much Does Edward Jones Pay Compared To Apollo Global Management?

Edward Jones pays $34,305 per year on average compared to Apollo Global Management, which pays $110,323. That works out to $16 per hour at Edward Jones, compared to $53 per hour at Apollo Global Management.

Have more questions? See all answers to common company questions.

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Updated August 22, 2022

Edward Jones – Erik Mansfield – Edward Jones Branch Office Administrator-Prospect Heights

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Branch Address: 6 N ELMHURST RD, Prospect Heights, IL 60070

If you find yourself looking for a fulfilling career, the Branch Office Administrator (BOA) role may be the right opportunity for you. BOAs team up with financial advisors to help clients achieve their long-term financial goals. We’re proud to serve over seven million clients. We don’t often brag, but we’re frequently recognized and awarded as a top place to work. Some of the many accolades include 100 Best Companies to Work For®” by FORTUNE magazine¹ and a Best Place to Work for LGBT Equality by the Human Rights Campaign.

Our Branch Office Administrators are a valued part of the client team, and we credit much of our success to their unique experiences and professional backgrounds. We value different viewpoints to help achieve results.

We’ll give you the support you need. Our team will be there every step of the way, providing:

• Comprehensive 6-month training including an experienced peer to help mentor you
• A wide support network that extends from your branch office to your region to the home office
• You’ll often work independently but will have a team of thousands backing you every step of the way

Can you see yourself…

• Delivering exceptional personalized service to ensure clients feel understood and informed
• Taking an active role in the annual business planning process to assist in developing strategies for the upcoming year
• Actively listen for situations in the clients’ lives that may indicate a need for additional services
• Driving marketing activities such as planning and executing events

You can also expect…

• A culture of continuous improvement and professional development reflecting a respect for individuals and their unique contributions
• An inclusive environment where everyone’s different viewpoints are valued and help to achieve results.
• We recognize individual efforts through a rewards program that promotes a long-term career, your financial security and you and your family’s well-being
• Full-time Associates receive the following benefits:

  • A compensation package that includes bonus potential, profit sharing, a 401k(US) and Group RRSP (Canada) and comprehensive and competitive health benefits. Read more about our total compensation approach.
  • Paid time off including vacation, sick, holidays and personal days

Don’t wait, apply today!

1. From FORTUNE ©2021 FORTUNE Media IP Limited. All rights reserved. Used under license. FORTUNE and FORTUNE 100 Best Companies to Work For are registered trademarks of Fortune Media IP Limited and are used under license. FORTUNE and Fortune Media IP Limited are not affiliated with, and do not endorse products or services of, Edward Jones Investments.

• The opportunity for merit increases as you progress in the role. Hiring Range below is a subset of the total salary range.

Hiring Minimum: $19.85

Hiring Maximum: $26.47

90,000 Advisors: How do Edward Jones and Merrill Lynch compare? | Investopedia

While all full-service brokers strive to provide a very high level of customer service, these firms take many different approaches to their business.

Some tend to go after corporate clients while others target individuals. Merrill Lynch and Edward D. Jones are two big firms in the full-service arena that have been around for decades, and one is taking its training and sales team in a new direction, while the other is taking a more traditional approach that led to significant growth in the past few years.

Here’s how they differ for potential brokers testing the waters for a larger firm. (For related reading see: Brokerage or DIY?)

Origins and History

On January 6, 1914, Charles E. Merrill opened his brokerage firm at 7 Wall Street in New York City. He was soon joined by his friend Edmund Lynch and the company was renamed Merrill Lynch the following year. The company made several smart early-stage investments that paid off well, including photos of RKO and Safeway grocery stores. At 1941, the company teamed up with Fenner and Beane, a commodity trading and investment company that became the first Wall Street firm to publish an annual financial report. In the 1950s, the company became a member of the board of directors of the NYSE. It went public in 1971 and continued its reign as the largest investment firm of its kind until it was bought by Bank of America (BAC BACBank of America Corp27. 75-0. 25% Created with Highstock 4. 2 6 ) in January 2009 of the year. Merrill operates as the asset management arm of its parent company.

Edward Jones was founded by Edward D. Jones in 1922 in Mexico, Missouri. A second office was soon opened in Pueblo, Colorado, and telematics was used to communicate between the offices. The bill for this device was so high that many other offices were opened in a straight line between the original pair to pay for it. (That’s why Kansas had offices like Hayes, Dodge City, and Manhattan.)

Edward Jones has outlived the competition as AG Edwards has become the industry’s premier investment company with its own type of business model. (For related reading, see: 5 Most Influential Bankers of All Time.)

Miscellaneous Business Models

Both firms are full-service companies committed to providing a full range of services to their clients, including investment management, life and disability insurance, IRAs and CDs, qualified and non-qualified plans, banking services, and comprehensive financial services. plans. But the similarity ends.

Edward Jones took a much more personal approach to business building for his brokers, requiring them to split the pavement in the subdivisions surrounding their offices and knock on doors to solicit clients. Edward Jones emphasizes personal service with his business model, staffing each office with two people – a licensed broker and a branch administrator who handles administrative tasks. The broker is solely responsible for attracting business to the branch.

This model worked for the company because it allows it to establish a presence in locations where larger offices with multiple brokers would not be sustainable. For this reason, you will usually find at least one of these branches located in a small town and other outlying locations where large firms are reluctant to go. This model has allowed the company to thrive despite the fact that every year it loses about a tenth of its brokers due to non-compliance with quotas.

From 2009 to 2012, the company’s net income grew by 42%, exceeding only $5 billion in 2012. Merrill Lynch is only up 10% in the same period. Edward Jones has also been consistently ranked in Forbes’ annual Top 100 Employers list. (For related readings, see: Top broker-dealer firms for 2015. )

Merrill’s Shift

Perhaps for this reason, Merrill Lynch has begun to shift its focus away from pumping stocks or other securities to customers for a more comprehensive and holistic approach to financial planning, including insurance and estate planning. For years, the firm has been making its bread and butter, focusing primarily on landing high net worth individuals who have at least $250,000 in liquid assets and pumping individual stocks or other securities.

But Merrill is moving to a RIA-based platform that charges asset management fees instead of fees. He also implemented a three and a half year training program that includes a financial planning module from the CFP curriculum, executive and business development, and even topics related to emotional well-being. RIAs receive a salary plus bonuses and commissions during the life of the program and are expected to receive at least 10 million new assets each year. Merrill Lynch receives about 150,000 applications each year, but only a handful of people have been selected for this program. New hires are also paired with more experienced consultants who can show them the tricks of the trade and how to close sales. Many industry and RIA experts believe that Merrill’s approach is a good idea and will give interns a much broader perspective on the business once they start working. (For related readings, see: Top Regulated US Stock Brokers.)

Merrill also started their own discount service in 2010 known as Merrill Edge. This platform is designed to compete with Charles Schwab (SCHW SCHWCharles Schwab Corp44. 57-0. 57% Created with Highstock 4.2.6), E* merchants, and other discount brokers who offer many value-added services to their clients. Merrill has made it, to serve small investors who do not meet the financial requirements to be fully functional clients. According to the information, the service combines “Merrill Lynch’s investment ideas plus the convenience of Bank of America banking.”

The Bottom Line

Edward Jones and Merrill Lynch represent two of the oldest and best known investment companies on the market today. Prospective brokers and planners looking to get started in the business will find comprehensive training programs at both firms. Edward Jones offers full back office and branch administrator support for new hires, while Merrill offers an advanced training program that offers mentorship from an experienced advisor. (For related reading, see: Working for an Independent Broker-Dealer vs. Big Bank.)

Rod Paige

For the biologist Rod Page, see Roderick D. M. Page.

Roderick Raynor Page (born June 17, 1933) served as the 7th U.S. Secretary of Education from 2001 to 2005. Paige, who grew up in Mississippi, moved from classroom teacher to college dean and school superintendent to be the first African American to serve as the head of US education.

Page was sitting with George W. Bush at Emma E. Booker Elementary School in Sarasota, Florida when Bush received word that a second plane had crashed into the World Trade Center on September 11, 2001.

On November 15, 2004, Page announced his resignation after leading the president’s education program for four years. White House domestic policy adviser Margaret Spellings was named his successor. The US Senate confirmed it on January 20, 2005 after Bush’s inauguration for a second term.

Page was interim president of his alma mater, Jackson State University, from November 2016 to June 2017. ^{[1] [2]}

Content

• 1 Early life and education
• 2 Careers
• 3 Other classes
• 4 Honors and awards
• 5 Coaching record
• 6 See also

early life and education

Born in Monticello, Mississippi, Page is the son of High School educators. ^[3]

He earned a bachelor’s degree from Jackson State University in Jackson, Mississippi. He earned a Master’s degree and a Doctor of Education degree in Physical Education from Indiana University Bloomington. ^{[4] [3]}

Career

Paige served in the US Navy from 1955 to 1957. He subsequently taught health and physical education and coached at Hinds Agricultural High School and Hinds Community College in Mississippi from 1957 to 1963. From 1964 to 1968, Page served as the head football coach at Jackson State University, compiling a 25–19–2 record. At Jackson State he recruited and coached Lem Barney who later played for the Detroit Lions and was inducted into the Pro Football Hall of Fame. ^{[5] [6]} From 1971 to 1975, Page served as the head football coach at Texas Southern University, and served as the university’s athletic director from 1971 to 1980. ^[4]

Paige first moved to Houston in the 1970s, settling in the Brentwood division. He started a movement to remove the landfill from the edge of the community. The Texas Supreme Court eventually sided with the residents. ^[7]

Paige has been a teacher at Texas Southern University since she was 1980 to 1984, and in 1984 he became dean of the College of Education, where he worked until 1994. Page also founded the university’s Center of Excellence in Urban Education, a research center that focuses on issues related to learning and governance in urban school systems. .

As a Trustee and Officer of the Houston Independent School District (HISD) Board of Education from 1989 to 1994, Page co-authored the board’s “Declaration of Beliefs and Attitudes”, a statement of purpose and purpose for the school district that calls for fundamental reform through decentralization. , focusing on learning, accountability at all levels and the development of the core curriculum. The Declaration of Beliefs and Visions was the catalyst that initiated the ongoing comprehensive restructuring of HISD. As a trustee of HISD, Page created a HISD-accredited, municipal-style police department with police officers certified by the Texas Law Enforcement Standards and Education Commission. The Page Board of Education began this effort to make schools safer, and the HISD Police Department remains the only school district police department in the country to receive accreditation from the Law Enforcement Accreditation Commission. ^[8]

Paige became Superintendent of HISD Schools in 1994. As superintendent, Page created the Peer Examination, Evaluation, and Reorganization (PEER) program, which seeks guidance from business professionals and local communities to strengthen school support services and programs. He launched a system of charter schools that have broad discretion over staffing decisions, textbooks and materials. He saw to it that HISD paid teachers salaries that rival those of other major Texas school districts. Page made HISD the first school district in the state to introduce service contracts, modeled on private sector contracts, in which senior employees’ continued employment at HISD is based on their performance. It also introduced a teacher incentive pay, which rewards teachers for improving test scores.

While he was superintendent, Page led the district into contracting private schools to use them to educate some HISD students, instead of putting those students in overcrowded public schools. Under Page, HISD contracted with three Texas Board of Education-certified private schools to educate HISD students so their parents wouldn’t have to drive them to schools around the city. ^[9]

Many advertised Page’s “Houston Miracle” as student test scores soared under him. However, some schools underestimated the number of dropouts during his observation. ^[10]

Page was Secretary of Education from 2001 to 2005 under the President of the United States. George Bush. In No Child Left Behind The law, which sets new standards of accountability across the country, was developed with Page’s help, and it was Page’s Department of Education who implemented the law. The Bush White House’s development of No Child Left Behind relied in part on the success of the Houston Independent School District under Page.

Under Page, the department received clean audits from Ernst & Young for three consecutive years. Prior to 2001, the Department had only conducted one net audit in its history, and that audit was conducted by the Department’s Office of the Inspector General. ^[11]

Page proposed amendments to the rules introducing Title IX of the 1972 Education Amendment to give educators more options to create single-sex classrooms and schools at the primary and secondary levels. ^{[12] [13] [14]}

Page once referred to the National Education Association, the nation’s largest teacher union, as a “terrorist organization.” ^[15]

Other activities

Page served on the review committees of the Texas Educational Agency and the State Board of Education’s Task Force on Secondary Education, and he chaired the Youth Employment Subcommittee of the National Employment Policy Commission of the US Department of Labor. Page is a member of the NAACP National Association for the Advancement of Colored People. He is a former member of the Houston Skills Partnership Council, the Texas Commerce Bank Community Advisory Board, the American Leadership Forum, and the board of directors of the Texas Business and Education Coalition. He is a member of the Phi Beta Sigma fraternity. He is also a member of the Board of Trustees of the American Teachers College.

Honors and Awards

The Houston Independent School District renamed its James Bowie Elementary School after Page to become Rod Page Elementary School.