There are newer employer reviews for Edward Jones

2 people found this helpful

Financial Advising

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Culture & Values
  • Career Opportunities
Current Employee - Financial Advisor in Santa Rosa, CA
Current Employee - Financial Advisor in Santa Rosa, CA

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

Pros

Great support to become licensed, conservative values

Cons

No work/life balance, cult like culture, lots of scripts, health insurance lacks negotiating power with providers, technology and tools are limited

Advice to ManagementAdvice

Decision making processes in recruiting and placement into offices need to be restructured to identify staffing opportunities, "ownership" messages to advisors should be objective, more effort in diversity and technology

Doesn't Recommend
Neutral Outlook
No opinion of CEO
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  1. 2 people found this helpful

    Great training and support, but pure commission environment

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

    I worked at Edward Jones full-time (more than 3 years)

    Pros

    Great training and support
    Ability to work out of your own office
    Responsive support staff in Tempe and St. Louis
    Yearly regional meetings that get you in a good position to plan your business

    Cons

    Door Knocking
    As a new advisor, you are almost forced to sell commission generating products due to revenue goals Edward Jones places on new advisors. No real opportunity to develop a fee-based business early on.
    A TON of work early on, with little return. Very high attrition.
    Edward Jones rips off new advisors. Low pay-out. As a general partner/limited partner, they take a pretty significant portion or revenue generated by the advisor, especially on insurance products. GP and LP's are pretty happy though.

    Advice to ManagementAdvice

    Allow new advisors opportunity to build a fee-based business. The industry is going away from commissions due to inherit conflict of interests.

    Doesn't Recommend
    Neutral Outlook
    Approves of CEO
  2. discriminatory treatment of disabled employees

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Investment Representative
    Former Employee - Investment Representative

    I worked at Edward Jones full-time (more than 8 years)

    Pros

    good performance rewards for employees

    Cons

    payouts low for industry standards

    Advice to ManagementAdvice

    Don't discriminate or bully employees with disabilities

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
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