Edward Jones

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848 Employee Reviews (View Most Recent)

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2 people found this helpful  

Great company, but business model not a good fit for me

Financial Advisor (Former Employee) Seattle, WA

ProsIndependence, great training, regional leadership in my area was and is fantastic, as are all the people I met while working for the company. If you can "drink the green kool aid", you will love it. The people that succeed are incredibly passionate about what they do and the company, and it's inspiring. Got to meet several former managing partners while working for the company. If you like being on your own without a boss, you will like it. You have support, but you have to seek it out and pick up a phone in order to get it. You really do get to build your business as you want to, as long as you are profitable and ethical, which is really empowering.

ConsThe business model just wasn't a great fit for me- you are very isolated, working from home for a good portion of your training. You have trainers and mentors but, as they are also FAs, their priority is building their own business and you sometimes feel like you are imposing. I am more team-oriented and did not like the idea of sharing my office with just a BOA, which I might not have had any input on hiring. As with most financial firms, getting as many contacts as possible is the priority, and left very little time for any sort of life outside of work (I wanted to go back to school for my MBA, and was told there simply wouldn't be time). If you are a woman, be prepared to be severely outnumbered- my region had the best m-f ratio in the country, but I heard from other women that it was a boys' club and that there was some perceived biases that you couldn't do the job and be a good mother and wife (I heard that from a woman in the South). Even though you go door-knocking during the interview process, I was shocked at how difficult it was day in and day out. Pay for FA trainees is on par with industry, but a lot less than I made at my previous job as a retail manager for a large cell phone company. Be prepared for 60-70 hour work weeks and sleepless nights stressing over numbers. From what I was told, it doesn't get better until year 4. It's helpful to have a spouse that doesn't work, but my husband has his own career and it was too much for us at this time.

Advice to Senior ManagementHonestly, it was a great experience and I am really grateful for the opportunity; it just wasn't a good fit for me and my family at this point in our lives. Having great regional leadership makes a huge difference, and I have nothing but respect for those that can stick it out.

Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • No Opinion of CEO

     

    The best training in the industry from a company that cares about your career.

    Financial Advisor (Former Employee) Little Rock, AR

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


    Pros: Great training. High pass rate for Series 7 and 66 exams. You will always know what is expected of you and what you need… Cons: The Edward Jones culture can be overwhelming at times. Also, you will be limited as to what… Advice to Senior Management: So much consideration is given in the beginning of a career at Edward Jones, but once… Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company… More
    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Approves of CEO

     

    Great company

    On-Call Branch Office Administrator (Current Employee) Saint Louis, MO

    I have been working at Edward Jones for more than 5 years


    Pros: The company seems to offer competitive benefit packages. Their training program for… Cons: As a BOA, it seems difficult to transfer to the… Advice to Senior Management: It would be nice to provide a career path for… Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company… More
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