Edward Jones added $18 billion in net new assets during the second quarter, up 6% from the year-over-year, according to its second-quarter regulatory update. Net revenue reached about $5 billion in the quarter, up 18% on an increase in asset-based fee revenue. “Edward Jones delivered strong business results in the first half of 2026, highlighted by a record second quarter that saw total revenue reach $5 billion, growth in client assets and advisory services, and continued momentum in net new assets,” said an Edward Jones spokesperson. Advisor compensation increased 18% in the second quarter, while variable compensation increased 33% and communications and data processing expenses increased 29% during the quarter. The cost increases come with other efforts Edward Jones has been making to retain its advisors and entice more to join.