Edward Jones Reviews

Updated April 24, 2015
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3.8
1,015 Reviews
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Edward Jones Managing Partner Jim Weddle
Jim Weddle
666 Ratings

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 Pros and Cons

Employee Reviews

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  1. Featured Review

    Helpful (8)

    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)

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    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 Management

    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.

  2. Financial Advisor

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

    I worked at Edward Jones full-time (More than a year)

    Doesn't Recommend
    Neutral Outlook
    Doesn't Recommend
    Neutral Outlook

    Pros

    Flexibility of schedule, self-managed daily schedule, competitive pay, opportunity for great bonuses the first three years, base salary pay first two years plus commissions.

    Cons

    Very little hands-on training in the field; very demanding sales quotas; base salary pay will drastically drop every quarter unless you are meeting sales expectations; expected to mostly work out of your own home; you must generate all your own leads through door-to-door sales (all cold leads)

    Advice to Management

    More hands on training in the field and accountability measures to ensure success

  3. Branch Office Administrator

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

    I worked at Edward Jones

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Excellent compensation (health and life insurance, IRA matching), and opportunity to work toward performance-based bonuses, contingent upon the financial advisor's participation.

    Cons

    Branch office administrators' bonuses and partner opportunities are completely dependent upon the financial advisor they work with-they only are available if the advisor decides to "share" them. While the company offers some incentives to do so, such as bonus matching, this still is an un-ideal setup.

    Advice to Management

    Continue providing quality service to your client network - really impressed by Advisory program, and keep promoting a culture of integrity and customer service!

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  5. Trader

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

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

    Recommends
    Positive Outlook
    Recommends
    Positive Outlook

    Pros

    A lot of development opportunities, leaders are extremely helpful and accessible, great work-life balance, and everyone is extremely nice.

    Cons

    The trader job sometimes can get a little boring and slow paced.

  6. Helpful (1)

    BOA

    • 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

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Edward Jones offers great incentives to their employees

    Cons

    If you are a BOA, it is unlikely you will become a Financial Advisor

  7. A company who really takes care of the employees

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

    I have been working at Edward Jones full-time (More than 3 years)

    Recommends
    Positive Outlook
    Recommends
    Positive Outlook

    Pros

    The benefits are amazing and the pay is competitive.

    Cons

    As with everything, there is room for improvement, but minor things.

  8. Financial Advisor

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Wealth Advisor in Wilmington, NC
    Former Employee - Wealth Advisor in Wilmington, NC

    I worked at Edward Jones full-time (More than 3 years)

    Recommends
    Positive Outlook
    Disapproves of CEO
    Recommends
    Positive Outlook
    Disapproves of CEO

    Pros

    no immediate supervision to report to
    diversification trips

    Cons

    push their own agenda at times

    Advice to Management

    don't abandon the EDJ culture

  9. Great place to work

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

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

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Pay training and benefits all top notch

    Cons

    Lots of hard work, getting started can be hard

    Advice to Management

    Keep doing what you doing

  10. Branch Office Administrator

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

    I have been working at Edward Jones full-time

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    We are committed to long-term investment philosophy that emphasizes quality and diversification. We serve individual investors who are interested in proven investing strategies instead of the latest fads.Here, we believe in a simple philosophy: The best way to provide personal, individualized investment advice and services to our clients is to meet with then one on one, face to face, to build lasting relationships.

    Cons

    The rate of pay for this position is not comparable to others in the industry. The benefits are comparable to others.

    Advice to Management

    Continuous education and advancement is encouraged with this company. There is a good support system in place for each position through the home office in St.Louis.

  11. Helpful (1)

    Investment Consultant

    • 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

    Recommends
    Neutral Outlook
    Recommends
    Neutral Outlook

    Pros

    Great Training and supportive environment

    Cons

    Pressure Packed and to partner driven

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