Top 5 Alternatives to Edward Jones

In this article, we will take a look at the top 5 alternatives to Edward Jones. If you want to read our detailed analysis, you can go directly to Top 12 Alternatives to Edward Jones.

5. JPMorgan Chase & Co. (NYSE:JPM)

Assets Under Management (AUM) as of March 31, 2024: $3.6 Trillion

Number of Customers/Clients: 60 Million

Revenue (TTM) as of March 31, 2024: $251.07 Billion

JPMorgan Chase & Co. (NYSE:JPM) ranks fifth on our list. Individuals can find a wealth advisor to work with either virtually or locally. The company provides holistic investment services, personalized lending solutions, and integrated banking services. JPMorgan Chase & Co. (NYSE:JPM) has $3.6 trillion in assets under management (AUM) and the company also reported a 20% uptick in client assets, which grew to $5.2 trillion in Q1 2024.

4. Fidelity Investments

Assets Under Management (AUM) as of December 31, 2023: $4.9 Trillion

Number of Customers/Clients: 50 Million

Annual Revenue (2023): $28.2 Billion

Fidelity Investments reported annual revenue worth $28.2 billion in 2023. Fidelity Investments, formerly known as Fidelity Management & Research, is a financial services company based in Massachusetts, United States. It offers financial planning and advice to more than 50 million individuals. It is home to more than 74,000 associates across nine countries.

3. The Vanguard Group

Assets Under Management (AUM) as of December 31, 2023: $8.6 Trillion

Number of Customers/Clients: 50 Million

Annual Revenue: N/A

With more than 50 million clients, The Vanguard Group ranks third on our list of the best alternatives to Edward Jones. The investment management company was founded in 1975 and has $8.6 trillion in client assets. The company provides investment advice and risk management services. It is popular for its transparent and low-cost solutions.

2. The Charles Schwab Corporation (NYSE:SCHW)

Assets Under Management (AUM) as of March 31, 2024: $9.12 Trillion

Number of Customers/Clients: N/A

Revenue (TTM) as of March 31, 2024: $18.46 Billion

The Charles Schwab Corporation (NYSE:SCHW) ranks 2nd on our list of the best alternatives to Edward Jones. Users can engage in self-directed investing by using existing resources and expertise. Users can receive personalized education and support for active trading. It also offers automated investing tools. The Schwab Intelligent Portfolios creates a portfolio based on a client’s goals. The Charles Schwab Corporation (NYSE:SCHW) has over $9 trillion in assets under management (AUM) and over 35 million active brokerage accounts.

1. BlackRock, Inc. (NYSE:BLK)

Assets Under Management (AUM) as of March 31, 2023: $10.5 Trillion

Number of Customers/Clients: 35 Million

Revenue (TTM) as of March 31, 2024: $18.34 Billion

BlackRock, Inc. (NYSE:BLK) ranks first on our list of the best alternatives to Edward Jones. The investment management company is based in New York, United States. The company has more than $10.5 trillion in assets under management (AUM). It provides investment advisory and risk management solutions. BlackRock, Inc. (NYSE:BLK) reported a trailing 12-month revenue of $18.34 billion, as of March 31, 2024.

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