The news comes just three months after the Phoenix-based Independent Broker-Dealer acquired Landenburg.
Edward Jones warned the coronavirus crisis will likely reduce its profitability for 2020 due to a decline in assets under care and interest income.
“This is a train wreck that’s going to happen and you can see it coming."
Two months into the fight against the most severe pandemic to arise in the age of globalization, neither the health nor the economic war has been won.