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3 people found this helpful  

Learning Experience

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

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

Pros

They have a great study process for the Series 7 and 66. Pay you salary to sit at home and study 40 hours a week. The best situation is to take over an already established office. I had heard a statistic that management doesn't want to let out, but if you start completely fresh (no office, or inherited clients) then the failure rate was close to 90% for people in the first 3 years.

Cons

High pressure sales... if you don't perform they will begin cutting your salary back until the point that you simply can't pay your bills so you have to quit. They aren't quick to firing people, but they will cut pay back so much that you have to move on. Out of date prospecting, door to door simply doesn't work in some areas. The senior management don't want to hear this because it worked for them.... in the 1970s. Business as usual, just keep knocking.

Doesn't Recommend
Neutral Outlook
Approves of CEO

Other Reviews for Edward Jones

  1.  

    Overall, my experience is postitive.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - BOA Branch Office Administrator  in  Dayton, OH
    Current Employee - BOA Branch Office Administrator in Dayton, OH

    I have been working at Edward Jones full-time for more than 8 years

    Pros

    Interesting work with great clients. Flexible hours and excellent office amenities.

    Cons

    With just 2 people in each office, there is no back up. The job can take over your life.

    Advice to ManagementAdvice

    BOA position should have several levels other than 2. The greater responsibility, the greater the pay.

    Recommends
    Positive Outlook
    Approves of CEO
  2.  

    Great company to work for if you have a family

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

    I worked at Edward Jones as an intern for less than a year

    Pros

    Great work life balance at this company, treat employees generally well and most seem happy. Work for yourself and make your own opportunities.

    Cons

    If you aren't driven or don't like interacting with others this is not the job for you. Can be rough to start and build you client base.

    Neutral Outlook
    No opinion of CEO
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