Edward Jones

  www.edwardjones.com
  www.edwardjones.com
There are newer employer reviews for Edward Jones

 

Excellent Company

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

I worked at Edward Jones full-time (less than an year)

Pros

Surrounded by professional people and the company culture is great.

Cons

Lots of door to door canvassing required to create new business.

Advice to ManagementAdvice

May want to look for new ways to train advisors other than door to door canvassing as this seems to have become a bit antiquated as times have changed as well as no soliciting laws.

Recommends
Positive Outlook
Approves of CEO

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

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  1.  

    Company Great; Manager Needs Help!

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - BOA Branch Office Administrator in Madison, WI
    Former Employee - BOA Branch Office Administrator in Madison, WI

    I worked at Edward Jones full-time (less than an year)

    Pros

    Company training was extensive. Company benefits were great.

    Cons

    Manager needed training so as to not be a micro-manager.

    Advice to ManagementAdvice

    More management training.

    Recommends
    Neutral Outlook
    Approves of CEO
  2. 6 people found this helpful  

    Out for itself and not true to it's word.

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

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

    Pros

    -The limited partnership is great for those who can get it. It takes many, many years to be eligible.
    -They are not publically traded.

    Cons

    -The home office culture has really regressed over the past 3 to 4 years. It's become about who you know and not about performance. It's about who you're neighbors with, who you date, who you can joke around with.
    -Work/life balance in the home office has deteriorated over the past few years. It became about how many extra hours you can get your associates to work and how little you can pay them, while taking away benefits. It became about lies to possible candidates regarding the amount of hours you were expected to work (especially for those looking to leave public accounting). Those who enjoyed part-time hours were eventually pushed to work more (while still getting paid less) or their part-time status was taken away.
    The culture has become more about how much you can drain out of your associates rather than working together as one company to provide better service to clients. This, despite promises of it being a great place to work.
    -Upward feedback is nonexistent in the home office. They have a survey, feedback, action process every two years or so, but when partners and other leaders confront their associates about what they wrote, word spreads and people aren't honest anymore. The problem is they say there is an open door policy, but when individuals speak up, they are branded as negative and eventually forced out, in one way or another.
    -Actions do not back up leadership statements. Development is not encouraged with action, associates are required to work more and more, associates can not talk with their area partner unless they've gone through ALL levels in-between, and more.
    -Senior leadership have seen their income levels increase over 20% while associates have seen their net pay decrease due to health insurance increases and low raises averaging around 1% depending on where you're at in your pay grade.

    Advice to ManagementAdvice

    -Develop a true form of anonymous upward feedback. Have leaders rated by their associates on their objectives and their competencies. If there is high turnover in an area, look at leadership as studies show that most people leave their companies due to their direct management. If many people in an area are branded as negative, look at the area leadership. Don't be so quick to blame and brand associates.
    -Follow your statements with actions. Earn the trust of your associates and you will see productivity, engagement, and loyalty increase. If you are truly interested in your clients AND your associates, everyone benefits!
    -Get back to the culture where you can be trusted and where associates believe you care. It used to be a great place to work (in the home office).

    Doesn't Recommend
    Positive Outlook
    No opinion of CEO
There are newer employer reviews for Edward Jones

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