The CEO of Edward Jones said one risky decision made her career take off
Edward Jones CEO Penny Pennington discusses her career transition from investment banking to financial advising, emphasizing the importance of authenticity in leadership. She credits her success to the risky decision to prioritize personal connection and trust over traditional banking roles.
Why it matters
This profile offers insights into corporate leadership philosophy and the evolving nature of client-advisor relationships in the financial sector.
Penny Pennington said she left banking because she wasn't sure that it mattered that she was the one showing up every day. IMF Penny Pennington said moving from banking to financial advising felt like "jumping off a cliff" to some. She said she left because she wasn't sure if it mattered that she was the one who showed up at work. The CEO said that as a financial advisor, she learned to be herself, and that opened doors. Penny Pennington's decision to leave investment banking over two decades ago clearly paid off. At the time, though, the move from banking to financial advising was viewed as risky, the CEO of Edward Jones said. Some people, she said, thought it was like "jumping off a cliff." Despite having a successful career in banking, Pennington said she had a clear reason for making the switch.
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