Edward Jones CEO on Market Environment, Leadership

The video discusses the current economic environment characterized by lower returns and the need for careful planning and risk management. It explores the demand for private assets, particularly private equity, and the challenges of liquidity. The discussion also covers client behavior in volatile markets, business growth strategies, and the impact of zero-fee trading. Additionally, it highlights the role of women in finance and the evolution of hiring practices to promote diversity.

What is a key strategy for clients in a lower return environment?

• Avoid any form of investment

• Focus solely on high-risk assets

• Plan carefully and think long-term

• Invest heavily in private equity

Why is private equity not ideal for those needing liquidity?

• It offers high returns

• It is only available to retail investors

• It is highly liquid

• It is illiquid and not set up for income production

What trend is observed among clients during market volatility?

• Focusing on international markets

• Increasing investments in real estate

• Moving to cash

• Investing more in stocks

How has the financial firm grown through downturns?

• By focusing on short-term gains

• By investing in training and development

• By cutting costs and retrenching

• By reducing client base

What is the firm's approach to increasing female representation among financial advisors?

• Focusing on stocks and bonds

• Reducing the number of female advisors

• Hiring only male advisors

• Telling the story of financial advising as a people-centric business