Edward Jones

  www.edwardjones.com
  www.edwardjones.com

Edward Jones Reviews

Updated December 11, 2014
Updated December 11, 2014
925 Reviews
3.8
925 Reviews
Rating Trends

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Edward Jones Managing Partner Jim Weddle
Jim Weddle
625 Ratings

Review Highlights

Pros
  • If you choose the team carefully you can have a good work/life balance (in 43 reviews)

  • Great training especially if you have limited to no financial knowledge (in 70 reviews)


Cons
  • It can be tough to see enough decision makers by going door to door during the daytime (in 57 reviews)

  • Door knocking was one of the hardest things I've ever done in my life (in 68 reviews)

More Highlights

256 Employee Reviews Back to all reviews

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  1. 1 person found this helpful  

    Great company

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Edward Jones

    Pros

    People, culture, dedication to results, work-life balance, clear vision and goals

    Cons

    HQ Compensation
    Lack of opportunity outside St. Louis

    Recommends
    Positive Outlook
    Approves of CEO
  2.  

    Excellent culture with a focused vision.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Edward Jones (more than 8 years)

    Pros

    Edward Jones has one of the best working environments. It is collaborative and focused on a vision so that everything that is done is in line with the ultimate objective of serving the client.

    They also did everything to make sure things were done right and for the right reason. Very values based.

    I highly respect this firm. They truly care about their associates.

    Cons

    My work/life balance was not in balance. The firm is making strides to improve opportunities for working at home and desk share, so that is great to see. They really care about their associates well-being.

    Advice to ManagementAdvice

    It would be great if the divisions could have been aligned in what tools they offer their associates in terms of operational efficiency and work at home options. It seemed as though the different divisions had different opportunities and it felt like some of these should have been uniform across the firm.

    Recommends
    Positive Outlook
  3. 1 person found this helpful  

    Great place to work. Treat people very good.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Financial Advisor in Grand Rapids, MI
    Former Employee - Financial Advisor in Grand Rapids, MI

    I worked at Edward Jones full-time (less than an year)

    Pros

    Pay you while you are studying for series 66 and series 7

    Cons

    Difficult to understand when pay goes down and commissions go up. Not very clear on that.

    Advice to ManagementAdvice

    Be more clear on pay and commissions and when and how they work.

    Recommends
    Positive Outlook
    Approves of CEO
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  5. 3 people found this helpful  

    Branch Office Administrator

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Senior Branch Office Administrator in Elmhurst, IL
    Former Employee - Senior Branch Office Administrator in Elmhurst, IL

    I worked at Edward Jones (more than 10 years)

    Pros

    Edward Jones is a great company to work for especially if you have a good office partner, Each office has one investment advisor and a branch office administrator. They have an excellent training system especially if you're new to the industr. It is a service oriented position which allows you to get to know your clients and to help them with their financial services. Getting to know the clients and help them made the position meaningful. the benefit package is a good one

    Cons

    There is really no room for advancement, since there are only two positions; the investment advisor and the support staff position.

    Advice to ManagementAdvice

    Acknowledging the support staff with more money or better perks would probably keep more people. investment advisors are compensated at a much higher level as the profit center.

    Recommends
    Positive Outlook
    Approves of CEO
  6.  

    Short but meaningful. Reputable company that treats it's employees and clients well.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Financial Advisor Trainee (FACD) in Washington, DC
    Former Employee - Financial Advisor Trainee (FACD) in Washington, DC

    I worked at Edward Jones full-time (less than an year)

    Pros

    Paid training. Notable reputation. No controversy during financial crisis. Flexible hours. Entrepreneurial opportunity,

    Cons

    Aggressive sales goals. Door to door sales.

    Recommends
    Approves of CEO
  7. 1 person found this helpful  

    Financial Advisor

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Financial Advisor in Nashville, TN
    Current Employee - Financial Advisor in Nashville, TN

    I have been working at Edward Jones full-time (more than an year)

    Pros

    Autonomy, no cap on potential income, great culture

    Cons

    Training has not adapted to changes in the market (still trained almost solely to build business through door to door solicitation)

    Advice to ManagementAdvice

    Realize that different demographics exist and training should be modified to create better support on a region to region basis

    Recommends
    Neutral Outlook
    Approves of CEO
  8. 3 people found this helpful  

    Great Support and Pay if you can get on with them

    • Comp & Benefits
    • Work/Life Balance
    • Culture & Values
    Current Employee - Senior Branch Office Administrator in DFW, TX
    Current Employee - Senior Branch Office Administrator in DFW, TX

    I have been working at Edward Jones full-time (more than 5 years)

    Pros

    Excellent Support, Low Stress, Great Retirement Plan, No Micro-managing, Good Hourly Pay, You do NOT have to have a degree

    Cons

    Fixed Income. As a BOA your bonuses are tied to the success of the advisor you are supporting which can change at any moment. No chance to make additional income if you have a new or low-performing advisor so bonuses are not guaranteed. No chance for advancement unless you go commission only and become an FA. Health Ins is high deductible/HSA (but they do contribute to HSA) it's ok if you don't have kids

    Advice to ManagementAdvice

    Offer BOA's a decent base salary to become advisors, they know the position and what it takes to be successful here but are not given the same chance as outside recruits who sometimes are less qualified and knowledgeable. Also veteran BOA's sometimes are stuck getting no branch bonuses because of turnover while a brand new BOA may be receiving thousands in bonuses if she gets assigned to a more stable advisor. This creates animosity and says that tenure is not valued or rewarded.

    Recommends
    Approves of CEO
  9. 3 people found this helpful  

    Great Company, great training, need assets

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Financial Advisor
    Current Employee - Financial Advisor

    I have been working at Edward Jones full-time

    Pros

    Culture is great; people actually want you to succeed (may be skewed because of the whole partnership thing); help from senior advisors

    Cons

    door knocking; not everyone starts with assets, based on a region by region basis; my friends all started with assets and they're doing well, but my region is very young; sense of territories with new FA's always coming to your town

    Advice to ManagementAdvice

    Let a new advisor get his/her feet under themselves before sending in a new FA in that same town; 2 months isn't really a long enough time

    Recommends
    Neutral Outlook
    No opinion of CEO
  10.  

    No room for advancement

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Edward Jones full-time

    Pros

    Great company values, work-life balance, home office support

    Cons

    No room for advancement; compensation just okay

    Recommends
    Positive Outlook
  11.  

    Great company

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous
    Current Employee - Anonymous

    I have been working at Edward Jones

    Pros

    Lots of autonomy, the work you put in to the job is what you will get out of it. Would recommend.

    Cons

    It can sometimes be difficult to deal with the commission only pay structure. You aren't guaranteed a paycheck.

    Recommends
    Positive Outlook
    Approves of CEO

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