The Best Brokers Are Far from Wall Street

Forget about the big guns at Merrill Lynch and Morgan Stanley, the archrivals that raid each other’s staffs for multimillion-dollar producers and talent, bruise egos and change employee comp plans, advisers say.

Edward Jones, the sedate regional broker out of St. Louis, has just pulled off the highest ranking in the J.D. Power 2015 survey of employee adviser satisfaction, followed by second-place Raymond James and third-place Charles Schwab.

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