Guiding investors in the future

Published 9:14 am Wednesday, June 3, 2015

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Financial adviser Paul Nolette works out of the Edward Jones office at 1506 E. Main St. in Albert Lea. – Renee Citsay/Albert Lea Tribune

Financial adviser been with business 7 years

Serving serious, long-term investors through face-to-face, personal relationships.

That is the specialty of Edward Jones, an employee-owned business with branch offices in Albert Lea.

Paul Nolette, a financial adviser working out of the Edward Jones location at 1506 E. Main St., has been with the company for seven years.

He came to Albert Lea in January from Mankato.

Nolette said Edward Jones was founded in 1922 in St. Louis, Missouri, by Edward D. Jones and was typical of most New York exchange firms. In 1948, the founder’s son, Ted Jones, returned to the family business after studying agriculture and working on Wall Street.

Paul Nolette’s Edward Jones office is at 1506 E. Main St. in Albert Lea. – Renee Citsay/Albert Lea Tribune

While working his territory in Missouri and Illinois, he began experimenting with the concept of having branch offices outside of St. Louis.

Today, Edward Jones has over 11,000 branch offices, and revenue has grown from $16 million in 1977 to over $6 billion annually. The firm employs over 30,000 people.

Nolette said the company has a tool where it can create a customized financial plan tailored to each individual investor. Clients also have the ability to view their investments anywhere at anytime from many devices. (Further reading: how to invest in bitcoin UK at the right time)

He said what sets Edward Jones apart from other companies is its high client-satisfaction surveys.

The financial advisers build relationships with their clients as they meet with them face to face and provide tailored solutions.

In the upcoming year, Nolette said there are several scheduled educational seminars to help clients make good decisions about their retirement.

Anyone interested in finding out if they are on track to reaching their financial goals can call Nolette’s office at 373-0668 to set up an appointment for a complimentary financial assessment of their current plan.