There are newer employer reviews for Edward Jones

3 people found this helpful  

Stop filling out the application now

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

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

Pros

A recognized national name.
You are, to a point, your own boss.

Cons

Nothing but door to door sales to get your initial and ongoing business.
Demeaning practice of making you a sales and new business jockey.
No actual advising of your clients, as they have you shove mediocre funds with high fees in front of clients, skimming the border between shady and illegal from a suitability standpoint.
Terrible upper management is out of touch with reality.
Hours are just crazy, you'll probably work 12 hour days, every day, and even weekends, for little to no results.

Don't believe the hype of this job, if you don't already have a book of business you WILL fail and they will simply transfer your clients to a good ol boy advisor who has been there forever. Run far away to a real investment company who will value you as a person. This business model will quickly crash in a few years when older customers fade off, so there isn't much of a future anyway. I'm assuming Ed Jones paid off the "top places to work" lists, this should be bottom of the barrel.

Advice to ManagementAdvice

Stop luring in college grads by simply lying about the position and potential.

Doesn't Recommend
Negative Outlook
No opinion of CEO

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

Sort: Rating Date
  1. 2 people found this helpful  

    OK

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

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

    Pros

    Great training program...small office environment...some schedule flexibility

    Cons

    Lack of compassion for employees

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

    Financial Advisor

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

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

    Pros

    Training was engaging and thorough. Training department personnel were more than helpful and always available for follow up. Regional events are very high end and accommodating.

    Cons

    Knocking on doors and not having an office to work out of is a major problem when trying to get advisors up and on their way. After being out of the company for a year I am still meeting people in the community that say there was no way they would have ever used EDJ based on the way they seek out new clients. New advisors are never given straight truthful answers. Makes you feel so less of a person than you are. 800 contacts through door knocking and networking with less than 6 months of being a vulture and attempting to get at the prospects money makes it an impossible task for a "new, new" advisor. Ask the hard questions before accepting a position with this company and make sure you get the answers not some half witted, beat around the bush answer that gets you off of their back. Very disappointed.

    Advice to ManagementAdvice

    Take away the "new, new" advisor status and figure out better ways to inject advisors into the community. It will give the company more respect and give the new advisors a better experience. Truth is how you earn respect.

    Negative Outlook
    No opinion of CEO
There are newer employer reviews for Edward Jones

Work at Edward Jones? Share Your Experiences

Edward Jones

 
Click to Rate
or

Your response will be removed from the review – this cannot be undone.