Edward Jones

  www.edwardjones.com
Work in HR? Unlock Free Profile

Edward Jones Reviews

These reviews contributed towards 2010's Best Places to Work recognition. See ratings and reviews for all time.

Review Highlights

Pros
  • If you choose the team carefully you can have a good work/life balance (in 36 reviews)

  • Great training one of the best programs in the industry for training financial advisors (in 63 reviews)


Cons
  • Out of date prospecting, door to door simply doesn't work in some areas (in 49 reviews)

  • Door knocking was one of the hardest things I've ever done in my life (in 63 reviews)

More Highlights
80 Employee Reviews
Relevance Date Rating
in
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Approves of CEO

     

    It's not for everyone!

    Financial Advisor (Former Employee) Cary, NC

    ProsFull Autonomy, it's your business, it's all up to you to make it or throw in the towel. Great home office support, good training.

    ConsDoor to door prospecting, door to door prospecting, and door to door prospecting,

    Advice to Senior ManagementI like the company and I like their mission statement, I'm just not cut out to do door to door prospecting.

    No, I would not recommend this company to a friend

    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Approves of CEO

     

    Great place to work

    Investment Banking Analyst (Former Employee) Saint Louis, MO

    ProsGreat place to work. People are fantastic. Great work-life balance. If you want a satisfying career and you want to work with great people, this is the place for you.

    ConsCan't really think of a downside. I've been with Edward Jones for 4 years. It's a wonderful company and I am satisfied with my career.

    Advice to Senior ManagementConsider revising the maternity leave policy. In Europe, they have a 1 year paid leave policy. Vacations should be longer as well.

    Yes, I would recommend this company to a friend

    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Approves of CEO

     

    A great employer, but some minor downsides...

    BOA Branch Office Administrator (Current Employee) Cleveland, OH

    Pros-Great benefits, flexible schedule, good compensation. They provide you with all the training you need to get started. If you get along with your advisor, life will be just fine. They have profit sharing and 401k matching.

    ConsThe health benefits are not the best. If you work in an office where you hate your advisor (boss), life could be miserable.

    Advice to Senior ManagementAllow BOA's to get licensed without having the branch being profitable. Work on getting better health benefits that don't cost so much for a family.

    Yes, I would recommend this company to a friend

  1. We want your feedback – Are these company reviews helpful to you?  Yes | No
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Approves of CEO

     

    Good starting platform

    Financial Advisor (Current Employee) Philadelphia, PA

    ProsTraining is good; great place to start at and get your Series 7 license, etc. and get some good industry experience. You get to have your own office and make your own hours as long as you are making money. Other FAs are very supportive and genuinely try to help you out and make sure you do well.

    ConsPayout structure is low compared to the other major brokerages. Also the firm teaches you alot about selling, but not much about actual finance and investing principles. If you didnt learn about economics and finanical markets in college or are not very familiar with investments, then you are on your own to get "up to speed" and learn about the industry. Some advisors seem comfortable with not knowing squat about investing and just sell what EJ tells them to. If you are analytical and like being able to research investments, follow companies, options, etc, then this is not a place for you to be at, go be an analyst at a hedge fund or investment bank.

    Advice to Senior ManagementPut a training program in place to make sure advisors know more about the finance industry and a broader range of investments. There needs to be more FAs out there who can actually "advise" instead of just sell.

    Yes, I would recommend this company to a friend

    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • No Opinion of CEO

     

    I'll never know...

    Sales Intern (Former Employee)

    Prosyou get paid during your study time while preparing to take the series 7 exam- which is not a bad way to go

    Conswas let go just before i was to sit and take the exam- my scores were just a bit below expectations..

    Advice to Senior Managementlook at the whole picture when evaluating your employees- allow a bit more flexibility in job related performance reviews to allow a bit more flexibility

    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Disapproves of CEO

     

    door knocking tough in a world of con artists

    Financial Advisor (Former Employee)

    Prosthis company knows what it wants and is willing to help you along--everybody knows what your going through trying to build clients in the beginning because they had to do it as well.

    Consthey claim that they don't recruit people from the financial industry with current clients and want hard workers who are follow their formula instead, but it seems the only people who have come to edward jones with a clients already in tow are the only one's with any type of security in the beginning years.

    Advice to Senior Managementthey should spend more time and money on other forms of marketing and advertising than door knocking

    No, I would not recommend this company to a friend

    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Approves of CEO

     

    Support the Investment Advisors in the field

    Development Leader (Former Employee) Lake Saint Louis, MO

    ProsStable employer. Good benefits. The ability to become a Limited Partner. Strong corporate culture.

    ConsLimited growth potential. Very few people make it out of the trenches to make higher incomes. The company tends to micro manage the rank and file employees. If you do not drink the cool aid you will not advance with the company.

    Advice to Senior Managementreevaluate your compensation package. You need to increase pay rates for the home office associates

    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Approves of CEO

     

    Good place to learn

    Intern (Current Employee)

    ProsThis was a good experience, overall nice people with a general knowledge of the financial services industry, best experiences gained in client relations

    ConsVery little financial knowledge necessary, work mainly based on generating clients to gain assets under management, small branch offices, too many branches

    Advice to Senior ManagementTo cut down the walls between boas and fas, consider making some offices such as regional leaders larger, with multiple fas and boas

    Yes, I would recommend this company to a friend

    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Approves of CEO

     

    Good Place, not for everyone!!!!

    Financial Advisor (Former Employee) Reading, PA

    ProsBe your own boss
    Major Flexibility
    Great compensation after a few years
    Independence
    Great training
    Great Ethics
    Operate in independent workspace
    Really teaches a trainee how to help their clients fully

    ConsTerrible health benefits, if you are looking for this you will not find it here.
    Terrible salary compared to other financial advisors, especially wire house firms.
    Your mentor is usually a good distance away, mine was over 2 hours away.
    If you like to work in a team enviornment this is not the place for you.
    Overall it is a great company, but not the right fit for everyone.

    Advice to Senior ManagementManagement is very knowledgeable, however, your management is either in St. Louis or your mentor who can be anywhere. You will be the main manager and big boss.

    Yes, I would recommend this company to a friend

    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • No Opinion of CEO

     

    Great Training

    Financial Advisor (Current Employee) Atlanta, GA

    ProsGreat training, own office, like own business

    ConsDoor knocking which works, but gets you smaller investments, rollover 401k's

    Advice to Senior ManagementNone

Worked for Edward Jones? Contribute to the Community!

Your response will be removed from the review – this cannot be undone.