Edward Jones Reviews | Glassdoor

Edward Jones Reviews

Updated July 22, 2017
1,761 reviews

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3.7
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Edward Jones Managing Partner Jim Weddle
Jim Weddle
1,078 Ratings

1,761 Employee Reviews

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Pros
Cons
  • Door-to-door residential prospecting is a core sourcing strategy (in 120 reviews)

  • Door knocking sucks most of the time (in 124 reviews)

More Pros and Cons

  1. Featured Review

    Helpful (20)

    "I will never leave this firm!"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Financial Advisor in Dallas, TX
    Current Employee - Financial Advisor in Dallas, TX
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    The autonomy to build my practice focusing on my strengths and having the support of a large company to help in areas that are not the best use of my time to serving clients' needs is unparalleled. The opportunity to earn ownership in the partnership is open to everyone at the firm not just the financial advisors.

    Cons

    Takes time to build your individual practice.

    Advice to Management

    Please continue focusing on supporting the branch team and not just the FA. Thanks for making the tough choices with new regulation to keep the partnership healthy for future generations.


  2. "EDJ"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - On-Call Branch Office Administrator in Beloit, WI
    Current Employee - On-Call Branch Office Administrator in Beloit, WI
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Edward Jones part-time (Less than a year)

    Pros

    Consistently high standards and great coworkers.

    Cons

    None other than not being able to get shifts sometimes.

  3. "Accounting, Bookkeeper, Administrator"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Full Charge Bookkeeper in Bossier City, LA
    Current Employee - Full Charge Bookkeeper in Bossier City, LA
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Edward Jones full-time (More than 10 years)

    Pros

    Want to Learn from this company and work for them

    Cons

    May need to be trained

    Advice to Management

    Fast Worker and great with people. Love to work with financial jobs.


  4. "Branch Office Administrator"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Branch Office Administrator in Houston, TX
    Former Employee - Branch Office Administrator in Houston, TX
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at Edward Jones full-time (More than 5 years)

    Pros

    -Great work life balance
    -Amazing Benefits
    -Great team environment and well knit colleagues
    -Good pay structure
    -Great reputation
    -Investment research and insight.

    Cons

    Edward Jones is an amazing company to work for. One thing I do need to say here is that how amazing the company will be is subjective. It all depends on the Financial Advisor you work with. If the advisor knows what they are doing and considers you to be an equal and a team mate, there is nothing that can stop you from being the best of the best. BUT if the advisor you are working with is not a good fit, find another advisor to work with or the advisor you work with will make it impossible for you to truly benefit from the position and the company. I was fortunate enough to have worked with multiple advisors but the last one I worked with was just not a good fit and because of this person, I have a bad taste towards the company. I would definitely go back in the future but kmow better which advisor to work with and which one to not work with.

    Advice to Management

    Listen to the BOAs and consider their feedback valuable to the company. Just because a financial advisor is a revenue producing asset to the firm, that doesn't mean that they should be able to treat BOAs as personal assistants who was dishes and go to their homes for contractors coming over. Also, if an advisor is not pleased with a BOA find a more suitable position for the BOA based on their performance and the value they bring to the firm. So many valuable assets have been lost because of unaccomodating advisors.


  5. "Good opportunity for self starters who want control of their career."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Financial Advisor in Indianapolis, IN
    Current Employee - Financial Advisor in Indianapolis, IN
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Edward Jones full-time (More than 5 years)

    Pros

    Great support with startup of new offices. Complete flexibility, good training and pay (for those who work). I make my own hours and run my own business (without all the overhead).

    Cons

    Higher stress/lots of hours in the first year or two. Nepotism runs rampant.
    Company is sales based, as such management often speaks from "both sides of their mouth"

    Advice to Management

    Keep doing what you are doing. Weigh the pros and cons of promoting advisors to leadership positions solely based on their revenue.


  6. Helpful (1)

    "Overall great culture"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Team Leader in Saint Louis, MO
    Current Employee - Team Leader in Saint Louis, MO
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Edward Jones full-time (More than a year)

    Pros

    Great culture, highly collaborative and respectful

    Cons

    Slow on decision making and overly conservative


  7. "Investment Service Specialist"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Investment Service Associate in Fayetteville, AR
    Current Employee - Investment Service Associate in Fayetteville, AR
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Edward Jones full-time (More than a year)

    Pros

    Flexible, great work/life balance, solid management, rich culture, advancement opportunities, work from home opportunities, benefits

    Cons

    Compensation, variable bonuses, issues with Edward Jones online system

    Advice to Management

    Think more outside the box, don't take a cookie cutter approach

  8. "No compassion."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Senior BOA in Stratham, NH
    Current Employee - Senior BOA in Stratham, NH
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I have been working at Edward Jones full-time (More than 10 years)

    Pros

    Good money if you stay long enough.

    Cons

    15 years, then talked into leaving when my chronic illness made it hard to work a full week. Wanted to do 3 days, but FA didn't want that. Replaced by full time BOA and one part time doing 3 days a week!

    Advice to Management

    Watch your Gas and how they treat their Boss. Stand up for the BOAs.


  9. Helpful (1)

    "Solid if its your cup of tea"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Comp & Benefits
    • Senior Management
    Current Employee - Financial Advisor in Saint Louis, MO
    Current Employee - Financial Advisor in Saint Louis, MO
    Doesn't Recommend
    Positive Outlook
    Approves of CEO

    I have been working at Edward Jones full-time (Less than a year)

    Pros

    Great 401k options
    EJ covers the cost of setting up your business
    Solid training

    Cons

    Door knocking not for everyone
    Sales quotas can lead to questionable ethical decisions


  10. Helpful (1)

    "Home Office Operations"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Saint Louis, MO
    Current Employee - Anonymous Employee in Saint Louis, MO
    Doesn't Recommend
    Positive Outlook
    Approves of CEO

    I have been working at Edward Jones full-time (Less than a year)

    Pros

    Flexible hours. Ability to work from home or become home based if your job allows it. Decent benefits (401k, profit sharing, health). Good people to work with.

    Cons

    Promotions non-existent unless you switch jobs. Competitive pay non-existent. When a competive market adjustment comes due its only updated on paper i.e. midpoints.

    Advice to Management

    Pay is low ranking on surveys & as a result question was removed from annual survey. Stop avoiding the problem & do something about it. That's why people are leaving & going to competitors where they're doing similar work for higher pay.


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