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Edward Jones picks up experienced $289M advisor from Charles Schwab

The advisor was with Schwab for 14 years following a military career.

Edward Jones has a new advisor utilizing its technology capabilities and home office support in Albuquerque, New Mexico.

Financial advisor Andrew Furste joins the firm from Charles Schwab where he spent 14 years and managed more than $289 million in client assets. He previously served in the U.S. Military.

“Edward Jones stood out because of its focus on partnering with financial advisors to provide top-notch resources to serve our clients more completely,” said Furste. “From their digital initiatives to virtual business enablement tools, I’m excited for the access I’ll have to the tools that will strengthen my practice and ability to serve clients.”

He is joined by branch office administrator Judy Bruner.

Edward Jones has welcomed several advisors in recent weeks, including a $167 million advisor who returned to the firm having started his career there eight years ago, and one of the firm’s former office administrators who returned having gained experience as a financial advisor at Wells Fargo Advisors.

In its second quarter results, Edward Jones said its overall head count had increased by 42 advisors compared to the previous quarter and had boosted client assets under its care by 14% year-over-year to $1.8 trillion

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