Edward Jones Reviews

Updated March 26, 2015
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  1. 1 person found this helpful

    Career success highly dependent on favoritism and AUM given as a new employee

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

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

    Pros

    -Lots of flexibility with work autonomy
    -Don't need prior experience or licenses to become an FA

    Cons

    -If starting new, with no AUM or clients, you will most likely fail
    -Favoritism for certain FAs and you may end up getting the short end of the stick
    -Full of promises of great office near where you live and an assistant, reality is you may end up 40minutes away from your home with a useless assistant.
    -Performance standards are similar whether you were given a few million in assets or 0 and may be difficult to reach
    -You will be making close to minimum wage

    Advice to ManagementAdvice

    -Be more fair to all new FA's

    Doesn't Recommend
    Positive Outlook
    No opinion of CEO
  2. Everything is not Roses,

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

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

    Pros

    Great group to work with. Training to get into field is very good.

    Cons

    Salary and earnings are not standard. Many people walk into large books of business and are successful full from day one. Others spend years knocking on doors trying to get to the promised pot of gold. They spend too much effort recruiting and get the quantity and lose many quality advisors that cannot make it without some amount of help

    Doesn't Recommend
    Neutral Outlook
  3. 4 people found this helpful

    Nice place to work but...

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Technical Generalist in Tempe, AZ
    Current Employee - Technical Generalist in Tempe, AZ

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

    Pros

    Very friendly company, based in St Louis. The company is consistently rated as one of the best places to work. Hires and promotes a lot of women in their operations departments

    Cons

    Salaries are low for back-office employees. Software and legacy systems are far behind the industry. Overall, you could say the company is technologically challenged.

    Advice to ManagementAdvice

    Quit telling your brokers they are the sole source of income. It gives them egos they don't deserve. Competitive advantage comes from the efficiency of your back-office employees and from the tools they use, not from how many offices you can open. Upgrade your technology.

    Recommends
    Neutral Outlook
    No opinion of CEO
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  5. Great career if you want to accept responsibility for your results

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

    I have been working at Edward Jones full-time (more than 8 years)

    Pros

    I have freedom to run my business the way i want to. Not required to sell any specific products. Generally the products offered are very high quality and have withstood the test of time. Opportunity to make limited partner and share in the profits in the firm are fantastic.

    Cons

    It is a difficult business to get started in. Need to be a self starter in order to go out and meet people. Rejection is an emotion you will experience often.

    Advice to ManagementAdvice

    Need to spend more time in the classroom training portion of financial advisor training. Too much time in the initial training is done by one individual by themselves.

    Recommends
    Positive Outlook
  6. This is a good company with lots of support, but low salaries

    • 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

    There is plenty of support and training.

    Cons

    Salary starts fairly low and increasing salary is slow

    Advice to ManagementAdvice

    Raise pay scale

    Recommends
    Positive Outlook
  7. GREAT PART TIME POSITION

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - On Call BOA in Auburndale, FL
    Current Employee - On Call BOA in Auburndale, FL

    I have been working at Edward Jones part-time (more than 3 years)

    Pros

    flexibility; pleasant office conditions; professional associations; GREAT training; most offices are extremely similar in set up and activities; headquarters support is great.

    Cons

    On Call's must work 100 hours annually and must travel to get enough hours; travel paid only after 30 miles one way. 1000 annual one time threshold for benefits almost impossible to achieve.

    Advice to ManagementAdvice

    On Call travel pay needs to be door to door; Training should be more accessible from home. On Call's need annual reviews and pay raises for training and performance .Senior On Call position would be great. Restructure the 1000 hour threshold for benefit inclusion or offer benefits to Senior On Calls who work 100+ mile radius.

    Recommends
    Positive Outlook
  8. Love working at Edword Jones.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Technical Consultant in Saint Louis, MO
    Current Employee - Technical Consultant in Saint Louis, MO

    I have been working at Edward Jones

    Pros

    Challenging projects. Allowed to make decisions. Not micro managed. Great people. Most of the project leaders are competent. Most of management are human. Opportunities for advancement and a multitude of different technical exposures if you want. Flexible work schedule.

    Cons

    Project deadlines are tight and often unrealistic which can upset work life balance. You just have to push back because most of management want life/ work balance as well. Formal business dress can be expensive.

    Recommends
    Positive Outlook
    Approves of CEO
  9. FA Intern

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Financial Advisor Trainee in Saint Louis, MO
    Former Employee - Financial Advisor Trainee in Saint Louis, MO

    I worked at Edward Jones

    Pros

    Valuable experience and skills learned.

    Cons

    Lots of cold calls and door-to-door activities.

    Recommends
    Positive Outlook
    No opinion of CEO
  10. Salesmen, not financial pros

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

    I worked at Edward Jones

    Pros

    You are paid while studying for licensing exams and sales training. Home office provides constant, easy to contact support.

    Cons

    The Edward Jones Financial Advisor is a salesperson and not a financial planner. If you can't sell, face to face, on people's front step, don't apply.

    Doesn't Recommend
    Positive Outlook
    No opinion of CEO
  11. Great experience, phenomenal company culture

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - On-Call Branch Office Administrator in Kansas City, MO
    Current Employee - On-Call Branch Office Administrator in Kansas City, MO

    I have been working at Edward Jones part-time (more than 3 years)

    Pros

    great compensation, hands-on training, best company culture I have seen

    Cons

    i had no negative experiences

    Recommends
    Positive Outlook
    Approves of CEO

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