Edward Jones prioritizes client-centered financial planning, addressing healthcare costs and multi-generational wealth transfer.
Financial literacy programs by Edward Jones aim to empower younger generations and improve confidence in investing.
Deep dives
Client-focused Financial Planning
Financial advisors at Edward Jones take a client-centric approach, addressing concerns such as healthcare costs, inflation impact on purchasing power, and multi-generational wealth transfer. Clients are more focused on how their financial plan supports their life goals, such as health, family legacy, and retirement purpose.
Financial Education Initiatives
Edward Jones is spearheading financial literacy programs, reaching 25 states and 5,000 high schools to improve financial knowledge amongst students. These initiatives lead to increased confidence and likelihood of investing among the younger generation, fostering a culture of responsible financial management.
Long-term Financial Planning
As financial landscapes evolve and generational wealth transfer unfolds, Edward Jones emphasizes a partnership between employers, financial advisors, wealth management firms, and public policy to address retirement challenges. By focusing on comprehensive financial planning, multi-generational wealth, and early financial education, they aim to empower clients towards long-term financial security and resilience.
Future of Wealth Management
Edward Jones recognizes the shifting dynamics in financial planning, shaped by increasing healthcare costs, inflation, and evolving retirement goals. By integrating financial literacy programs, fostering partnerships, and adapting to changing client needs, they envision a future where financial management is proactive, personalized, and inclusive of diverse generational objectives.
Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF. Bloomberg News News International Economics & Policy Correspondent Michael McKee and Bloomberg Intelligence Chief US Interest Rate Strategist Ira Jersey break down the minutes of the March 19-20 FOMC meeting and they share their thoughts on Wednesday's US CPI data. Hartley Rogers, Executive Co-Chairman at Hamilton Lane, discusses investing in private markets. Bloomberg News US Airlines Reporter Mary Schlangenstein talks about Delta’s outlook topping estimates thanks to a revival in business travel. And we Drive to the Close with Penny Pennington, CEO at Edward Jones. Hosts: Carol Massar and Tim Stenovec. Producer: Paul Brennan.