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- Work/Life Balance
- Culture & Values
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- Comp & Benefits
- Senior Management
I worked at Edward Jones full-time (More than 8 years)Doesn't RecommendNegative OutlookDisapproves of CEODoesn't RecommendNegative OutlookDisapproves of CEO
None. Any pros are by far outweighed by the cons. There is some freedom to the work, which is not really freedom at all as you will feel constantly under the gun to produce more revenue and clients.
To achieve success, you have to be willing to be unscrupulous and somewhat dishonest to clients. You have to sell expensive and under-performing mutual funds. We all know (or should) that index funds are the best solution for the vast majority of clients, but this company will delude you into thinking you are doing right by someone by steering them into something else. Have some respect for yourself and DON'T. Just don't work here, you will end up hating yourself and what you've done to clients.
Advice to Management
Move entirely away from a commission based structure and into a fee based model. Lower your overhead costs, especially in St. Louis. Do something to help reduce the massive turnover in employees every year. In fact, just sell the company and move into another line of work. This one doesn't suit you.