Edward Jones

  www.edwardjones.com
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Edward Jones Reviews

Updated Jul 29, 2014
All Employees Current Employees Only

3.4 851 reviews

81% Approve of the CEO

Edward Jones Managing Partner Jim Weddle

Jim Weddle

(580 ratings)

64% of employees recommend this company to a friend

Review Highlights

Pros
  • If you choose the team carefully you can have a good work/life balance (in 36 reviews)

  • Great training one of the best programs in the industry for training financial advisors (in 63 reviews)


Cons
  • Out of date prospecting, door to door simply doesn't work in some areas (in 49 reviews)

  • Door knocking was one of the hardest things I've ever done in my life (in 63 reviews)

More Highlights
193 Employee Reviews Back to all reviews
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    • Culture & Values
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    I can't imagine working anywere else

    Senior Branch Office Administrator (Current Employee) Seattle, WA

    ProsGreat family/work life balance. I love working in a 2-3 person office...no office drama. The training provided is superb and should allow for anyone to succeed who has the drive. Pay, benefits and bonuses are competitive. I enjoy working with everyday people...Edward Jones focuses on the individual investor rather than the high net worth or institutional accounts. You really feel like you are making a difference in your clients' lives.

    ConsLittle room for advancement for a non-financial advisor. Must be self-motivated and able to multi-task. If you aren't a good match for your Financial Advisor it can be an unpleasant work environment, and moving offices can be stressful.

    Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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    Far exceeded my expectations

    Financial Advisor Intern (Current Employee) Orlando, FL

    ProsPrivately owned, so the business environment is so much different catering to both the employees and the clients
    FACD training program is world-class, there is nothing like it for recent college grads
    Lots of opportunities as average advisor age is about 50, and they are on track to hiring more than 1000 advisors a yr
    Compensation is what you make of it, your work will directly reflect in your pay. 100k to 300k a yr is normal in this company
    Very personal, stress face to face meetings with clients which they value so much. You will make many friends of them
    Diversification trips are one of many ways you are compensated as an FA, and the trips look absolutley amazing

    ConsSort of old-fashioned in business plan but it works for them and creates more valued relationships
    Very hot when trying to door knock in the summer in Florida.

    Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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    • No Opinion of CEO

     

    The best training in the industry from a company that cares about your career.

    Financial Advisor (Former Employee) Little Rock, AR

    ProsGreat training. High pass rate for Series 7 and 66 exams. You will always know what is expected of you and what you need to do to accomplish your goals as well as theirs. The job is tough, but Edward Jones will make sure you aren't alone.

    ConsThe Edward Jones culture can be overwhelming at times. Also, you will be limited as to what you can provide for your clients, but most of what they truly need - you can provide.

    Advice to Senior ManagementSo much consideration is given in the beginning of a career at Edward Jones, but once you are successful, the company will leave you alone. Sometimes this harsh transition can be difficult.

    Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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    • Culture & Values
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    • Approves of CEO

     

    Great company

    On-Call Branch Office Administrator (Current Employee) Saint Louis, MO

    ProsThe company seems to offer competitive benefit packages. Their training program for both Financial Advisors and also BOA's, is impressive and easy to follow.

    ConsAs a BOA, it seems difficult to transfer to the corporate office for career progression.

    Advice to Senior ManagementIt would be nice to provide a career path for those BOA's interested in career progression.

    Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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    Can't imagine living a better life than I am with jones

    Financial Advisor (Current Employee) Chicago, IL

    Pros-Independence to work as you please and do what is successful for your particular strengths
    -Income potential. I started straight out of college, taking over a very small book (less than 5 million), and didn't sell to any friends or family, yet still have made more than 100% of my friends every single year just by following Jones' recipe
    -Work life balance. I come in as I please and leave as I please
    -Pride in running your own office
    -satisfaction in truly making a difference in your clients lives (being that you truly do what's right for your clients)
    -traveling. Not only are the diversification trips unbelievable, but the summer regionals are very nice and the due diligence trips are great.

    Cons-Nepotism. Friends or family of regional leader or GPS always get the best situation.
    -Those that take over good situations always have the best advantage for leadership roles and partnership. I feel like they need to take what you take over onto consideration when giving out leadership roles

    Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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    • Approves of CEO

     

    My experience as a Financial Advisor Intern

    Financial Advisor Intern (Current Employee)

    Pros-Make your own hours
    -Get to leave your office to meet with clients
    -Personable business
    -No limit to your income
    -Never get bored because you are always trying to grow your business, and there are always ways to get involved more in the company.
    -Great business to have in the long run because all you work you have put in is paying off. You are able to work a 20 hour week if you desire.
    -The ability to make partner.

    ConsAs an intern it was confusing to me in the aspect that I didn't know if I worked under the BOA. She has more experience and knowledge than me, and I can learn from her but at the same time I'm a Financial Advisor Intern and I get paid more than the BOA. (Which the BOA was aware of and not happy about)
    This also caused an awkard situation because she would see that I get taken out to lunch with the other FA's and have more privledges and it did not sit well with her because I was just an intern coming straight from college and only working here 2 months.

    Advice to Senior ManagementI am truely grateful for this amazing experience. It is one of the best out there. From the compensation to the personal growth, it is an all around great program. The request I would make is that the BOA's not be aware of the compensation that FA Interns receive. In my situation I get paid more than my BOA. So you can imagine this created a bit of an awkward situation. I believe the compensation is well justified because I am living away from home and paying high month-to-month rent to live 2 months in my apartment.
    I also wish I could have recieved some type of reimbursement for the tolls I paid to visit other financial advisors. Other than that I believe EJ is a great company, and I would be honored to work here.

    Yes, I would recommend this company to a friend

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    Great company, great benefits and good pay

    Financial Advisor (Former Employee) La Crosse, WI

    ProsThey really do care about you as a person. The culture is very family orientated and others will help to make sure you succeed. You are able to make your own schedule and work as much or as little as you want as long as your are profitable. You get paid fairly for helping others.

    ConsLower payout structure than some other firms but they make up for it in what they provide you.

    Advice to Senior ManagementBetter explain to advisors what they are getting for the commission you keep. The fact that they pay for your rent, assistant, utilities, marketing materials, etc greatly out ways a higher payout. Just wish I new that before I left the company and went independent.

    Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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    • Approves of CEO

     

    Best Job I have ever had

    On-Call Branch Office Administrator (Current Employee) Houston, TX

    ProsOnly have to work with one person in office. Work life balance is right on. The benefits are amazing.

    ConsThe pay is very low for a BOA position. Should be higher because of the amount of work you do compared to the amount of work the FA does.

    Advice to Senior ManagementMake salaries more desireable.

    Yes, I would recommend this company to a friend

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    This is a good company with a lot ot offer

    Intern (Current Employee) Brigham City, UT

    ProsJob Benefits
    Entrepreneur Atmosphere
    Strong Compensation Package
    Training Program

    ConsThere isn't a whole lot that is negative as long as you work hard and get your business started right

    Advice to Senior ManagementFind a way to help new FAs

    Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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    • Approves of CEO

    9 people found this helpful  

    Be a better applicant and know what positions for which you are a good fit.

    Financial Advisor (Current Employee)

    ProsI can not thank Edward Jones enough for the blessings that I have received for my family thu this wonderful firm. GREAT CAREER. GREAT COMP. GREAT CLIENTS.

    ConsTHE POOR APPLICANTS (WHO MANY OF WHICH YOU CAN FIND ON THIS SITE WHO NO LONGER WORK AT EDJ)
    EDWARD JONES IS A GREAT COMPANY THAT INVESTS IN THE SUCCESS OF EVERY EMPLOYEE. It amazes me to see folks who come to work for EJ and receive the best training in the INDUSTRY and then don't do their part. Then guess where they end up? Writing a negative review on glassdoor. The partnership pays over 100k for each employee to be trained and put on the path to profitability. If YOU are NOT WILLING to WORK HARD, save the partners the cost of training you and save virtually everyone at the firm their portion of the profit sharing that would have been more if it wasnt for the fact that you didnt do enough honest SELF-EVALUATION on the job you wanted to have.

    That being said, please don't apply for EDWARD JONES, if you aren't willing to do the work to become very successful. (oh and by the way, no other firm wants you either; go to the top of this page and search in a different industry please. There is no way around the hard work to become successful)

    Advice to Senior ManagementGREAT MANAGEMENT BOTH REGIONAL AND CORPORATE.

    Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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