Edward Jones Jobs & Careers in Santa Fe, NM

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Edward Jones Reviews

899 Reviews
3.7
899 Reviews
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Edward Jones Managing Partner Jim Weddle
Jim Weddle
609 Ratings
  1.  

    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.

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