Edward Jones

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Edward Jones Reviews in Wichita, KS

930 Reviews

3.8
930 Reviews
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Edward Jones Managing Partner Jim Weddle
Jim Weddle
644 Ratings

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  • Out of date prospecting, door to door simply doesn't work in some areas (in 49 reviews)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

1 Employee Reviews Back to all reviews

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  1. 3 people found this helpful  

    Good Training program for first 2 years. Beware of hardball tactics if you choose to leave.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Investment Representative  in  Wichita, KS
    Current Employee - Investment Representative in Wichita, KS

    Pros

    They will get you through your Series 7, 63, and Life Insurance Licensing, and teach you the basics of selling. Not many companies will do that for beginners anymore.

    Cons

    You do have to sign a 24 month agreement to pay them back for the expense of training you if you leave before that time. Also, if you become a good producer, as I did, they will Fight you, and turn on you, and keep your clients if you try to leave. They are evil. They constantly tout their "Family Friendly culture", but it's more like a Mafia family if you decide to go. No one will ever speak to you again, and the company will try to rub you out, since you will now be in competition for the clients you have brought into the firm. Pay as an employee is only about 35%, and you will starve. I worked night & day to meet their goals, but when they keep over 60%, plus you have marketing expenses, etc, it means you work for next to nothing.

    Advice to ManagementAdvice

    Do not go after reps who choose to leave because they have worked to build a business, and if they need more money by going independent, you should not be able to hold that against them. They have this growth plan that means putting a new rep in every half mile in major cities. You farm that area for years, spending your own hard-earned money to advertise, and then they give it away to another new rep - and you are a bad person if you point this out.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

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