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Edward Jones

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Edward Jones

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Edward Jones FAQ

Have questions about working at Edward Jones? Read answers to frequently asked questions to help you make a choice before applying to a job or accepting a job offer.

Whether it's about compensation and benefits, culture and diversity, or you're curious to know more about the work environment, find out from employees what it's like to work at Edward Jones.

All answers shown come directly from Edward Jones Reviews and are not edited or altered.

61 English questions out of 61

January 11, 2021

What is paid time off like at Edward Jones?

Pros

Salary matches with the current market

Cons

No dedicated business users to the IS teams and no proper process flow documentation in information systems, no work life balance they expect you to be available on phone anytime they call you, they ask you to be a SME, even the person is very new to the team, paid vacation is only 10 days until you gain 5 years of experience, it is not incremental year by year

No dedicated business users to the IS teams and no proper process flow documentation in information systems, no work life balance they expect you to be available on phone anytime they call you, they ask you to be a SME, even the person is very new to the team, paid vacation is only 10 days until you gain 5 years of experience, it is not incremental year by year

January 11, 2021

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January 7, 2021

Does Edward Jones offer relocation assistance?

Pros

- Helpful Colleagues - Feels like a smaller company - Competitive Compensation - Lots of training support

Cons

- Lots of turnover in regional leadership roles - Old school mentality to prospecting (door knocking strongly encouraged) - Benefits package is OK, not great

Benefits package is OK, not great

January 7, 2021

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December 5, 2020

Does Edward Jones offer dental insurance?

Pros

Edward Jones cares about its employees and its clients. They provide 16 weeks maternity leave. They offer health insurance, dental, vision, life insurance for free. There are plenty of different job types you could apply for. The salary is competitive. There is potential for bonuses. Profit sharing is provided to all employees for free. There is the ability to become limited partner Or even general partner. When you get settled in to the career path I want Edward Jones, you stay for a very long time.

Cons

Company's structure is a little odd. Each financial adviser has their own location and only one office administrator which puts you with that person all day, If you decide to work in a local branch. You have to really get along with your branch partner. Most positions you apply for require some sort of college degree. Although the pay is competitive as it is on the lower side. This may be due to The company's structure of every financial advisor having their own office. I can see how expensive that would be to maintain.

Advice to Management

Consider adding multiple financial advisers and branch team members per office. This may increase profitability exponentially. This may also reduce the potential for branch team conflict, if applicable.

They offer health insurance, dental, vision, life insurance for free.

December 5, 2020

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February 28, 2022

Does Edward Jones offer family leave?

Pros

The firm has excellent benefits including profit sharing, 4 months of maternity leave, trimester bonuses, etc. Very big on diversity and inclusion.

Cons

Nearly impossible to move around inside Legal if you aren't an attorney (also for getting a higher bonus). Forced interactions to create a "relationship based culture" even when it was clear that people didn't get along. Not flexible in work schedules (in Legal specifically) like the rest of the firm. Micromanagement at it's finest. Flat out lying to tell someone what they want to hear to "keep them happy" but when it all shakes out, being told YOU misunderstood and it wasn't what was promised.

Advice to Management

Tell the truth, even if its not the answer your associate wants. It will save hard feelings in the long run. Be more flexible, even if it is more complicated and not the "easy" path, you'll keep associates around longer. Do not force those who do not get along to "lunch" or "coffee" together or work on projects together when it can easily be avoided.

The firm has excellent benefits including profit sharing, 4 months of maternity leave, trimester bonuses, etc. Very big on diversity and inclusion.

February 28, 2022

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May 20, 2021

Does Edward Jones have a pension plan?

Pros

EJ is a family oriented company

Cons

Lower than industry standard pay, not great benefit plan, no pension

Lower than industry standard pay, not great benefit plan, no pension

May 20, 2021

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61 English questions out of 61

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Company Updates

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Edward Jones

324 days ago

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We are excited to announce Edward Jones financial advisors rate firm “Highest in Employee Advisor Satisfaction among Financial Investment Firms", according to J.D. Power.
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Edward Jones Financial Advisors Rate Firm #1
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