Edward Jones

  www.edwardjones.com
  www.edwardjones.com

Edward Jones Jobs & Careers in Raleigh, NC

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Edward Jones Reviews

925 Reviews
3.8
925 Reviews
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Edward Jones Managing Partner Jim Weddle
Jim Weddle
625 Ratings
  1. 3 people found this helpful  

    This Job is Akin to Playing the Lottery

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Financial Advisor in Raleigh, NC
    Former Employee - Financial Advisor in Raleigh, NC

    I worked at Edward Jones

    Pros

    The ceiling at Edward Jones is extremely high. There really is no limit to what you can achieve as a Financial Advisor with this company. Once you have established yourself, you have a lot of financial security and freedom with your time.

    Cons

    The failure rate of new financial advisors is astronomical. I would say in my area about 5% of new advisors lasted beyond the first year. The company treats new employees like spaghetti thrown against a wall, they just wait and see who sticks. Also, they advertise that first year advisors typically make at least 40K, however this is only accurate if you are among the 5% of successful advisors. Of the 95% who leave after about six months, they will likely make around 10K during that time. Most advisors who do make it do so not because of skill or work, it's typically luck. Happening to find the right client(s) at the right time during the right economic circumstances. Many hard working, educated, and talents new advisors had no chance to make it their first year.

    Advice to ManagementAdvice

    Leadership at Edward Jones ought to be much more concerned about where they put new Advisors and how many new Advisors they place in a given area during a given time.

    Doesn't Recommend
    No opinion of CEO

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