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Edward Jones Clawback - COVID

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Aug 31, 2020 3:09 pm

I’ve gone through with the last 14 months with EJones. Due to Covid we aren’t allowed to meet with clients, prospects, anything face to face. The only sourcing strategy is LinkedIn, which doesn’t work. Other firms are building relationships and gaining clients. This is not what I signed up for and it’s impossible to build my business.

I signed a contract for 3 year, 75k buyout. If I resign will they come after me for the 75k? I have very limited AUM. Not sure I’ll stay in the industry or not. Guidance is appreciated.
Mar 9, 2021 4:37 pm

Did you end up staying or leaving? Joining another firm? I’m curious about this as well.