Edward Jones Reviews in Washington, DC

906 Reviews
3.7
906 Reviews
Rating Trends

Recommend to a friend
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Edward Jones Managing Partner Jim Weddle
Jim Weddle
615 Ratings

Review Highlights

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 69 reviews)


Cons
  • Out of date prospecting, door to door simply doesn't work in some areas (in 53 reviews)

  • Door knocking was one of the hardest things I've ever done in my life (in 67 reviews)

More Highlights

2 Employee Reviews Back to all reviews

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  1.  

    Look beyond the numbers so Financial Advisors can succeed

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

    I worked at Edward Jones full-time (more than 5 years)

    Pros

    Can learn very much in a short period of time.

    Cons

    Little support or encouragement. Too much empohasis on the investment they have in you and little acknowledgemnt or care of the investment you have in them. No opportunity for advancemnt for BOA or FA.

    Advice to ManagementAdvice

    Consider getting a new "secret weapon". It's not realistic to expect existing financial advisors to "mentor" new advisors. Most are in competition with new advisors and do not have the time nor the skill set to provide simple encouragement.They just want the brownie points for mentoring and no accountibility for actually helping. Big reason for the turnover is burnout and total lack of encouragement. From my experience, under performing adviors are ususally very thoughtful and not doing the right work (too much admin and hand holding) and work their tail off for the firm for very low pay. To have a FA Support division who only reaches out when a FA needs a performance warning is ineffective. These leaders should regularly reach out with a few kind words. Surely they can find something complimentary to say. Isnt that a leader? Where else would this encouragement come form? Who hurts when you fire advisors after several years of nurturing a busness? The people you claim to care so much about, the clients. Its not hard to be genuine in helping advisors succeed. The answers are not always in your numbers.

    Doesn't Recommend
    Positive Outlook
    Disapproves of CEO
  2.  

    No Freredom

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Financial Advisor in Washington, DC
    Current Employee - Financial Advisor in Washington, DC

    I have been working at Edward Jones

    Pros

    Training was fine. Advisors were nice.

    Cons

    Lack of freedom to run your business.

    Advice to ManagementAdvice

    Not one size fits all

    Doesn't Recommend
    Disapproves of CEO

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