There are newer employer reviews for Edward Jones

 

This is a great company that is family friendly. EJ is an industry leader.

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

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

Pros

EJ offers a great deal of support and encouragement

Cons

tough industry, a lot of studying

Recommends
Positive Outlook
Approves of CEO

874 Other Employee Reviews for Edward Jones (View Most Recent)

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  1. 4 people found this helpful  

    Be a hardcore salesman or you won't last as an FA

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

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

    Pros

    ****Before taking a job as an FA you need to look at yourself and seriously ask yourself if you are willing to cold call/knock on strangers doors for years. Everyones says they can but very few can. If you are part of the 20% or so who make it, you'll get rich. This firm is great if you are a salesman. If you aren't you'll be gone quickly.

    -Freedom of owning your own business (but remember you don't own your business)
    -Fantastic support system to help you but YOU have to do the work
    -Great bonus structure and incentives to help you build along the way

    Cons

    - Prospecting and selling family, friends (can be complicated)
    - Always have to be selling
    - Your clients aren't yours if you leave, VERY BIG DEAL but no one cares when they're just starting
    - Very hard to build your business from scratch
    - Hard to compete against lower cost alternatives

    Advice to ManagementAdvice

    Don't be shills for American funds. Around 70% of EJ funds are in American funds, EJ is essentially the sales wing of American funds.

    Make stock trades cheaper so advisors can be competitive in the increasingly cost conscious retail investor space.

    Doesn't Recommend
    Negative Outlook
    Approves of CEO
  2. 1 person found this helpful  

    Financial Advisor Career Review Edward Jones

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

    I have been working at Edward Jones full-time for less than a year

    Pros

    Great Company, Unlimited Opportunities within company

    Cons

    Pay is low in the early years, better than average after year 4, doorknocking is tough

    Advice to ManagementAdvice

    great job with FAs

    Recommends
    Positive Outlook
    No opinion of CEO
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