Edward Jones

  www.edwardjones.com
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849 Employee Reviews (View Most Recent)

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

1 person found this helpful  

Not a good fee based advisory business, cant meet production goals unless you sell high upfront commissions only

Financial Advisor (Current Employee)

Prosno start up costs, will train you every inch of the way on how to sell, your on your own to learn how to make your clients money. Good way to get foot in door for college grads and people with no capital to start thier own business

Cons40% payout accross the board basically, your on your own but still not feel as though you are in control. They offer a fee base or commission base, your choice, but if your looking to be a fee based broker, ed jones profitability and requirements do not meet standards for using fee base products, meaning you wont be meeting standard commission guidelines if you try to build fee base business, you will most def go broke and lose your job trying to do whats right for the client

Advice to Senior Managementdo not offer the option to sell advisory fee based products to new financial advisors in the firm, a person either believes fee base or commission base. OFfering both and only using the commission base as a way to track individual performance is like shooting yourself in the foot. it is hard to sell a fee structure if you believe in commission only, and vice versa.

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

    1 person found this helpful  

    Stressful environment.

    Anonymous Employee (Former Employee)

    I worked at Edward Jones


    Pros: Good people. Good internal culture. Cons: Door to door sales strategy is antiquated and can be… Advice to Senior Management: Embrace changes No, I would not recommend this company to a friend More
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Disapproves of CEO

    3 people found this helpful  

    Just another "good ol' boys' club"

    Anonymous Employee (Former Employee)

    I worked at Edward Jones


    Pros: Name recognition Ability to set up shop nationwide Decent training and access… Cons: Workplace ignorance/insensitivity is highly prevalent Immaturity of new hires is obvious - some of the employees are plucked right out of high school without even attending… Advice to Senior Management: Get a clue when it comes to workplace sensitivity and making sure you squash inappropriate comments, behavior, and attitudes before they get… No, I would not recommend this company to a friend More
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