Edward Jones

www.edwardjones.com

Edward Jones Reviews

Updated January 27, 2015
Updated January 27, 2015
954 Reviews
3.8
954 Reviews
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Edward Jones Managing Partner Jim Weddle
Jim Weddle
640 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

223 Employee Reviews Back to all reviews

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  1.  

    fa

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

    I have been working at Edward Jones

    Pros

    It was a very good job. I made lots of money.

    Cons

    very long hours, worked some weekends

    Advice to ManagementAdvice

    do what you are doing

    Recommends
    Positive Outlook
    Approves of CEO
  2. 1 person found this helpful  

    Tough Job, but Best Job

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

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

    Pros

    I didn't believe it before I started, but after a year I can truly say that Edward Jones is a culture surrounded by doing what's best for the client. Work/life balance is flexible, but you will work your tail off like never before. After a couple years the pay can't be beat. The training is top notch and the support from EVERYONE is unbelievable. Every FA and BOA in your region (at least mine) will drop everything to help you succeed if you put in the work.

    Cons

    Doorknocking, doorknocking, doorknocking! Going door to door is the must humbling/hardest thing I've ever done. Walking around neighborhoods in a suit in the blazing summer heat and then doing it again in the freezing rain. Not for the faint of heart.

    Advice to ManagementAdvice

    Keep up the good work! Don't change a thing!

    Recommends
    Positive Outlook
    Approves of CEO
  3.  

    This is a great company that takes great care of all of their employees. Very happy to work here.

    • 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

    At Edward Jones, you get to be what you want to be. You are the boss. The work is challenging, but is very rewarding. I enjoy going to the office every day.

    Cons

    Getting started is challenging. It is a lot of long hours for not a lot of pay. It pays off in the end if you stick with it.

    Recommends
    Positive Outlook
    Approves of CEO
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  5. 1 person found this helpful  

    Lots of support, great, fair, smart people and excellent business culture.

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

    I have been working at Edward Jones full-time (less than a year)

    Pros

    The only financial services company that truly cares about the client, my brother heard from a competing company. The people here are great. I lived in Japan for 8 years and EJones has the same high commitment to servicing our own staff and clients that the best in the world has. My support team is hands off for the most part. Fair and honest. A lot is up to you. You have to realize you can't do everything and must ask for advice on how to get better. The help is top notch, so caring and personable.

    Cons

    You must learn to manage yourself. It's a double-edged sword: You have much freedom but also you have to work hard. Most people have to be told when they can take a break, lunch, time-off, etc. Not so much here. You have to generate activity on your own. You must be independent and be able to work as a team as well. I've been out in the field as a new Financial Advisor now for 4 months and licensed for 2 and a half months or so. First month was a little uncomfortable, but nothing you can't do. Second month started rocky but I got lucky from working hard and had a super month. So exciting. Now, I'm focused on balancing my work and continuing to learn more and improve every day.

    Advice to ManagementAdvice

    The best feeling was calling compliance for advice this morning and helping my client make the right decisions. There are so many stories of people helping others, new, old, head office, local office, BOA, doesn't matter. Everyone is a component of something always getting better. Once or twice I have a hard day, but I always hold my head high... I'm having fun.

    Recommends
    Positive Outlook
    Approves of CEO
  6.  

    Intern

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Intern in Atlanta, GA
    Former Employee - Intern in Atlanta, GA

    I worked at Edward Jones

    Pros

    Challenging, rewarding, fantastic mentor, and great work/sales experience.

    Cons

    Door knocking, walking neighborhoods during summer months, and cold calls.

    Advice to ManagementAdvice

    Consider the safety issues with going door to door in today's world.

    Recommends
    Positive Outlook
    Approves of CEO
  7.  

    Business Office Administrator

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - BOA Branch Office Administrator in Knoxville, TN
    Current Employee - BOA Branch Office Administrator in Knoxville, TN

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

    Pros

    Great company. Great benefits. Flexible schedule. Pay varies a lot depending on the success of the Financial Advisor. It's a great work environment and I feel like I have job security. Opportunities for advancement.

    Cons

    The hourly rate could definitely be a higher.

    Recommends
    Positive Outlook
  8. 5 people found this helpful  

    What an awesome culture

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

    I have been working at Edward Jones full-time

    Pros

    -For the amount of hours we work compared to your average Wall Street analyst in NY, our compensation is pretty good - though it would be right to increase given our increased responsibilities
    -Awesome awesome team culture. If there are office politics, I sure as heck don't know about them.. feels like a family to me.
    -Really truly, above any other place, feel like you are working to improve the lives of clients. The success of our clients ALWAYS comes first in any decision made.
    -It's a privately-held partnership... hard to explain until you see for yourself. Partnership offerings held every 3 years for employees.

    Cons

    - Only 2 weeks vacation if working for less than 3 years. 3 weeks vacation from 3 years of employment until you've been working for 10 years. That NEEDS to change. It sucks.
    - High deductible health insurance (not a fan)

    Advice to ManagementAdvice

    Please, for the love of goodness improve the vacation days. PLEASE.

    Recommends
    Positive Outlook
    Approves of CEO
  9. 3 people found this helpful  

    Wonderful place to be a Financial Advisor...if you can do the job.

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

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

    Pros

    One of the best "corporate" cultures in America. The highest rated in advisor satisfaction among major brokerage firms for 20 straight years.

    A partnership owned by the employees with ample opportunities to earn partnership regardless of your position with the firm.

    Exponential earnings potential limited only by your ability to create and maintain clientele.

    A "one FA per office" concept that essentially makes you pseudo-independent and eventually your own boss (as long as you're meeting/exceeding expectations and/or profitable).

    A dedicated business office administrator (BOA) who handles the operations of your branch.

    Some of the best training in the industry. Many firms attempt to hire new FAs away from EDJ after their first few years.

    Cons

    Hard Job. Convincing people you're the right person to manage and invest their money is not easy. Even if you're good, creating new clients is still a daunting task. This is a job best suited for extreme "people-persons" or type-A work-a-holics. 8 out of 10 hired don't make it.

    It can take a while to really make money. Those fortunate enough to receive some form of "asset-sharing" can start quicker. However, it all comes down to effort.

    Stressful job depending on your personality. You are responsible for other people's money, which isn't a task to be taken lightly. Down markets aren't fun. You always have to continue growing the business.

    Advice to ManagementAdvice

    Keep doing what you're doing, but don't forget the core values that make us different. We trust you.

    Recommends
    Positive Outlook
  10. 1 person found this helpful  

    Edward Jones is a great company to work for.

    Current Employee - Financial Advisor in Columbia, SC
    Current Employee - Financial Advisor in Columbia, SC

    I have been working at Edward Jones

    Pros

    Financial Services is a challenging field to work in and many are not successful because they are not willing to put in the hard work and expect it to be giving to them. Edward Jones is a great company to work for and will give you the tools to help make you successful if you are willing to put in the time and effort. You do have to introduce yourself to people in the community via door knocking but if you come up with a better way to meet clients, great but door knocking still works.

    Cons

    You do not have a direct boss, so you are managing yourself and have to make sure you are motivated enough to get out there and do the work in 100 degree heat. It can be view as a pro or con, but if you will do the work it will pay off.

    Advice to ManagementAdvice

    Keep up the great work! My wife and I love Edward Jones.

    Recommends
    Positive Outlook
    Approves of CEO
  11.  

    Great Place

    • 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 full-time (more than a year)

    Pros

    Great company. All about developing your growth. Great environment.

    Cons

    Advancment, thinking outside the box.

    Advice to ManagementAdvice

    N/a

    Recommends
    Positive Outlook

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