There are newer employer reviews for Edward Jones

2 people found this helpful  

Great support and nice people

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Culture & Values
  • Career Opportunities
Current Employee - Anonymous Employee
Current Employee - Anonymous Employee

I have been working at Edward Jones full-time

Pros

Good benefits, 401k pretax and Roth available, profit sharing and you are immediately 100% vested. Home office is only a phone call away and their support and courtesy is amazing. Received support from home office when I had a difficult office situation. I now work with a very nice financial advisor and we get a long well. There is a lot of training modules on line so you can learn about services that your particular office does a lot of, ie, insurance, estate planning and a great variety of other services.

Cons

Edward Jones promotes the 2 office team and both the FA & BOA are encouraged to build the business. The boa wears so many hats it is difficult to master everything. The job can be quite stressful sometimes. I do not think we are fairly compensated especially in comparison to what the "team" accomplished but the financial advisor receives the perks. Compensation can vary greatly between boas depending on the profitability of that particular office so the pay is unequal even in your own region.

Advice to ManagementAdvice

The financial advisor is the money maker and should be compensated as such but he could not perform his duties and make the contacts and bring in new business or service the branch existing business without his partner. If you want the BOA to be a partner you should value them as such. I have been with this company for 7 years and think very highly of them. However, I am currently looking at a company where I have been offered a higher salary, profit sharing and more opportunity for advancement. I don't want to leave Edward Jones but I am feeling undervalued and in a sense duped into thinking that I am a real member of a team.

Recommends
Positive Outlook
Approves of CEO

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

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  1. 2 people found this helpful  

    I learned a lot about prospecting

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

    I worked at Edward Jones

    Pros

    Good culture, all the experienced advisors try to help the new people as much as they can. You can get lots of support when you have questions too

    Cons

    The landscape of building a business is so different from 15 or 20 yrs ago as it is today. Need to get new advisors with access to clients who have money faster

    Advice to ManagementAdvice

    The way to retain people is not to have them under constant threat of termination.

    Recommends
    Positive Outlook
    Approves of CEO
  2.  

    Received some of the best training in the industry with Edward Jones.

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

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

    Pros

    Edward Jones is consistently rated by Forbes as one of the top 100 companies to work for. They are a professional organization and ensure all of their employees are ethical and honest in their business. They are community focused and encourage their employees to engage with the people in the city in which their office is located.

    Cons

    As a financial advisor at Edward Jones, you will be asked to do a lot of sales type activities and put in very long hours. The ability to earn a high salary is a far stretch and can take a financial advisor many, many years to achieve. And, their health insurance coverage is a high deductible coverage so be prepared to spend a lot of your own money out of pocket.

    Recommends
    Positive Outlook
    Approves of CEO
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