Edward Jones: Discrimination By Customers

Decent Essays
Customers are much less discriminated by their amount of assets under the firm’s management. All customers can get a service from individual broker, although more and more companies increasing the requirement for it, for example, Merrill Lynch provide the traditional personal service by a single broker only to the customers with assets over $500,000. Customers of Edward Jones are offered longer-term, more stable, and less risky products. The firm spends their money for developing its FAs and strengthening the relationship with the local community. Even though its brokers had been prohibited from having a computer in their office until recently, Edward Jones has invested huge amount of capital in its information and operating systems for better

Related Documents

  • Superior Essays

    Ethics, broadly defined, is the a set of values or principles established by society for its betterment. Many of these values and principles are incorporated into culture and law. Organizations today integrate ethics into the foundation of their businesses in order to augment the professional value and trustworthiness of the their enterprise. Both public and private companies are expected to uphold certain ideals and internal controls for the benefit of their stakeholders. Operating with high virtues dictates an enterprise’s true value.…

    • 1234 Words
    • 5 Pages
    Superior Essays
  • Decent Essays

    Peter Maroney is a Vice President and Financial Advisor in the New York office of Bernstein. He advises individuals and institutions regarding a wide range of financial planning and investment matters, tailoring comprehensive strategies uniquely suited to each client’s individual resources, tax situation, risk tolerance and estate planning goals. From 2010 to 2014 and prior to joining Bernstein, Maroney was director of business development at PennantPark Investment Advisers, where he developed, financed and launched the firm’s first hedge fund product. From 2006 to 2009, he was director of investor relations at Concordia Advisors. Before that, from 2005 to 2008, Maroney was a vice president at Avenue Capital.…

    • 151 Words
    • 1 Pages
    Decent Essays
  • Decent Essays

    Mr. Muhammad alleges that he was terminated on June 4, 2011, based on retaliation of a previous discrimination complaint against management. The previous discrimination complaint alleged that Goodyear Consultants management violated Mr. Muhammad an African American Muslim rights under the federal mandated Religious Accommodation rights. Goodyear Consultant Human Resource Department (HRD) advised management (Mr. Karl Rove) that Mr. Muhammad requested to work third shift for thirty (30) days during the month of Ramadan.…

    • 73 Words
    • 1 Pages
    Decent Essays
  • Decent Essays

    It makes me and my son Chris Erasmus proud as we announce that we have crossed another milestone in the history of Pro-Sure Brokers. On the 1st of August ‘16 our company complete 16 years of its establishment. I take this occasion to thank each of Pro-Sure Brokers valued clients What began as a small brokerage has risen up to stand tall amongst the business leads of the time. Our company has countless achievements and accomplishments, especially from the last 5 years which proved to be exceptionally productive for our company.…

    • 283 Words
    • 2 Pages
    Decent Essays
  • Improved Essays

    A good way that investors relations can impact the success of Spartan Mortors, Inc is in measuring how their stock hit the apical point in 20 years time. Their efforts to inform current and future shareholders definitely aided them in their successs. Due to their company growth their market capital was amplified twice over and allowed them Director of Investor Relations: Mining Indaba- London, Ontario In Canada there are many jobs that connect and have affiliates with investor relations.…

    • 384 Words
    • 2 Pages
    Improved Essays
  • Great Essays

    This suite incorporates an extensive variety of standard reports that let individuals examine exchanges each day, week, or month and contrast the outcomes with various parts of the nation, different parts of the world, or predefined gatherings of comparable banks. Discussion Points a. MasterCard administrators are propelled to expand (1) the quantity of people who have and utilize a MasterCard charge card, (2) the quantity of banks and different customers who issue these Cards to clients and additionally workers, and (3) the quantity of areas that acknowledge MasterCard installments. Examine how MasterCard could utilize its information stockroom to enable it to extend each of these client bases. b. MasterCard makes its examination tools accessible to the majority of its associated banks and different backers. It realizes that getting its customers to utilize these instruments can be basic to keeping them as steadfast clients.…

    • 933 Words
    • 4 Pages
    Great Essays
  • Improved Essays

    The disparate treatment and disparate impact are two theories of discrimination. Disparate treatment is intentional discrimination in the workplace imposing different standards on different individuals on their characteristics of protected class (i.e. sex, race) (Robinson and Franklin, 2010, p. 58). The theory of discrimination of the Civil Rights Act of 1964 had only one form of unlawful discrimination, which was disparate treatment. Burden of proof, is one method of disparate treatment, which is proof from the individual that filed a claim against the employer in order to establish that discrimination actually occurred. This led to the cases below: McDonnell Douglas Corporation v Green (1973) and Texas Department of Community Affairs…

    • 667 Words
    • 3 Pages
    Improved Essays
  • Improved Essays

    Throughout an 11 year stint as a Derivatives Trader at both JP Morgan and Bank of America/Merrill Lynch, I Ross Tawanda Mtangi have seen, helped, and been a part of, many young people’s careers in finance. As a Harvard graduate I know what is like to struggle, persevere, and achieve one’s goals, and I have seen that same determination in Grisilidis Lopez. I graduated Harvard University in 2003 with an AB in economics, cum laude. I write in strong support of Grisilidis Lopez’s application for admission to law school. Grisilidis graduated with a bachelor’s degree in business administration, majoring in international business.…

    • 395 Words
    • 2 Pages
    Improved Essays
  • Decent Essays

    The History of the Equal Employment Opportunity Commission The Equal Employment Opportunity Commission (EEOC) was created under Title VII of the Civil Rights Act of 1964, which was signed into law by President Lyndon Johnson in 1964. The Equal Employment Opportunity Commission (EEOC) is the federal agency responsible for eliminating employment discrimination (by private employers) based on race, color, sex, religion and national origin. It is also responsible for the elimination of discrimination based on age or disability. More recently, in 2011 protection has been expanded to include lesbian gay and bisexual individuals, with the decision that “sex stereotyping” of citizens is a form of discrimination.…

    • 403 Words
    • 2 Pages
    Decent Essays
  • Superior Essays

    Analysis Of EEOC Vs. Federal Express

    • 2298 Words
    • 10 Pages
    • 10 Works Cited

    Federal Express (1995). A courier was harassed by a customer on her route. The customer made such comments as saying she looked better without any clothes on and repeatedly asked her out on dates. She brought this issue up with her supervisor who wrote to the customer asking him to refrain from ? any future conduct that could be perceived as offensive or intimidating?.…

    • 2298 Words
    • 10 Pages
    • 10 Works Cited
    Superior Essays
  • Decent Essays

    Jeffrey Schneider has risen to the peak of his profession with one thing in mind; deep knowledge in securities management, alternative investments and investment banking. He has proven to be an influential asset to the financial services market for over 17 years. He gives his outstanding team of employees the credit for the firm’s progress. After working with several financial services firms, he gained professional skills in alternative investment strategies and how to create and maintain relationships with his clients. During his working at Paradigm Global Advisors in 2002, he obtained the skill of being able to analyze managers.…

    • 1026 Words
    • 5 Pages
    Decent Essays
  • Improved Essays

    The Stock Market Crash

    • 517 Words
    • 3 Pages

    The stock market has long befuddled Americans because of its complexity and uncertainty. There have been strategies on how to attack the stock market, however, about 80% of people still lose money. A strategy to combat this is to diversify your assets to avoid having your investment crash if a company fails. This is, however, becoming an increasing issue due to 10% of the market index consisting of just 3 companies and 50% being comprised of only 50 companies. These companies became so large due to mergers and expanding their companies into areas where they were able to beat out the competition because they sell products at a lower price due to lower input costs.…

    • 517 Words
    • 3 Pages
    Improved Essays
  • Great Essays

    Training is required to work with clients to determine financial needs and goals and make recommendations. They are trained to be personable, reliable and organized. Banking and finance professionals are trained to have excellent interpersonal and communication skills since they have to work directly with clients requiring to organize and present financial information with clarity and accuracy. Also, talented personnel must also have solid communications skills in order to persuade clients to make sound financial decisions. Producing a talented individuals with a truly global perspective can maximize the competitive advantage of those professionals actively engaged in the fast-developing Banking and Finance sector in Asia…

    • 1257 Words
    • 6 Pages
    Great Essays
  • Improved Essays

    The Goldman Sachs Group, INC: Data Usage, Database Management, & Data Communication The Goldman Sachs Group operates as, “an investment management, investment banking, and securities company out of New York, New York”1. The company has four major business segments. These segments include: investment banking, institutional client services, investing and lending, and investment management. The very essence of their business is all about data: collection, mining, investigating, and distributing.…

    • 1100 Words
    • 4 Pages
    Improved Essays
  • Great Essays

    Securities are investment products, which represents small fractional rights over a business enterprise or a pool of assets. Business enterprises and corporate entities use securities as a tool to raise capital. Primarily, securities provide their holders with either participatory rights in the earnings and management of the business enterprise or promised fixed returns over the value of investment made through purchase of securities. Securities with participatory rights are called equity securities and securities with promised returns are called debt securities. A combination of both is known as hybrid securities.…

    • 1393 Words
    • 6 Pages
    Great Essays