Edward Jones

www.edwardjones.com
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Edward Jones Reviews

976 Reviews
3.8
976 Reviews
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Edward Jones Managing Partner Jim Weddle
Jim Weddle
649 Ratings
  •  

    Good starting platform

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Financial Advisor in Philadelphia, PA
    Current Employee - Financial Advisor in Philadelphia, PA

    I have been working at Edward Jones

    Pros

    Training is good; great place to start at and get your Series 7 license, etc. and get some good industry experience. You get to have your own office and make your own hours as long as you are making money. Other FAs are very supportive and genuinely try to help you out and make sure you do well.

    Cons

    Payout structure is low compared to the other major brokerages. Also the firm teaches you alot about selling, but not much about actual finance and investing principles. If you didnt learn about economics and finanical markets in college or are not very familiar with investments, then you are on your own to get "up to speed" and learn about the industry. Some advisors seem comfortable with not knowing squat about investing and just sell what EJ tells them to. If you are analytical and like being able to research investments, follow companies, options, etc, then this is not a place for you to be at, go be an analyst at a hedge fund or investment bank.

    Advice to ManagementAdvice

    Put a training program in place to make sure advisors know more about the finance industry and a broader range of investments. There needs to be more FAs out there who can actually "advise" instead of just sell.

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