Financial Advisor Troy Nelson Helps Shape The Future Of Wealth Management

Edward Jones continues to strengthen its position as a premier firm to grow and optimize a practice by offering financial advisors flexibility to build a practice on their own terms.

Published on Feb. 9, 2026

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Edward Jones' teaming model helps financial advisors grow practices and build stronger client relationships. Troy Nelson, financial advisor and principal in Bismarck, ND, is an example of how leadership and new practice models, including teams, are creating success for Edward Jones financial advisors. Nelson's team fosters a culture of trust and collaboration, helping drive sustainable growth and deeper client relationships.

Why it matters

As client needs become more complex, Edward Jones' teaming approach gives financial advisors the option to structure their practices around shared goals and complementary strengths, all while maintaining the firm's hallmark of personalized, long-term client service. This allows advisors like Nelson to provide highly personalized ways of working that are deeply rooted in client experience.

The details

Since announcing new practice models in 2024, more than 4,300 Edward Jones financial advisors are in new practice models and 500+ advisors are active or enrolled in teams. Nelson's leadership was featured in the recently released book, The Masters List, published by SHOOK® Research in partnership with Forbes, which recognized top advisors redefining excellence in wealth management.

  • Edward Jones announced new practice models in 2024.
  • More than 4,300 Edward Jones financial advisors are in new practice models and 500+ advisors are active or enrolled in teams since 2024.
  • Nelson has been recognized nationwide by Forbes SHOOK as one of America's Top 250 Wealth Advisors for five consecutive years (2021–2025).
  • Nelson was selected as a Forbes SHOOK Best-in-State Wealth Advisor, ranked No. 1 in North Dakota during the same time frame (2021–2025).

The players

Troy Nelson

A financial advisor and principal in Bismarck, ND, who is an example of how leadership and new practice models, including teams, are creating success for Edward Jones financial advisors.

David Chubak

The Principal and Head of Wealth Management and Field Management at Edward Jones.

Edward Jones

A leading financial services firm in the U.S. and through its affiliate in Canada, with more than 20,000 financial advisors serving more than 9 million clients with a total of $2.5 trillion in client assets under care.

SHOOK® Research

A research firm known for its data-driven approach to identifying the most outstanding financial advisors in the industry, and the publisher of The Masters List.

Forbes

A media company that partnered with SHOOK Research to publish The Masters List, recognizing top advisors redefining excellence in wealth management.

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What they’re saying

“Teaming is one way Edward Jones is continuing to evolve for the future. By giving our financial advisors the freedom to choose how they build and run their practices, we're helping them create highly personalized ways of working that are deeply rooted in client experience.”

— David Chubak, Principal, Head of Wealth Management and Field Management at Edward Jones (lifehealth.com)

“Being featured in The Masters List is a tremendous honor. At Nelson Wealth Management, we've expanded our offerings and built a team to support clients at every life stage, whether they're juggling a young family, managing growing wealth, planning for business transitions, or mapping out a meaningful retirement. I hope my growth story underscores how a collaborative team approach can provide the guidance and life-long support clients deserve.”

— Troy Nelson, Financial Advisor and Principal (lifehealth.com)

The takeaway

Edward Jones' teaming model is helping financial advisors like Troy Nelson build highly personalized practices that are deeply rooted in client experience, demonstrating how a collaborative approach can provide the guidance and long-term support clients need as their financial needs become more complex.