Edward Jones Reviews | Glassdoor

Edward Jones Reviews

Updated December 12, 2018
2,241 reviews

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4.1
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Edward Jones Managing Partner Jim Weddle
Jim Weddle
1,401 Ratings

Employee Reviews

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Pros
  • "Flexibility for god work/life balance" (in 113 reviews)

  • "Great training and support; put clients interest first; industry leading compensation" (in 146 reviews)

Cons
  • "75-85% of time spent door to door trying to generate prospective clients" (in 140 reviews)

  • "You will do excessive door knocking" (in 181 reviews)

More Pros and Cons

  1. Featured Review

    Helpful (129)

    "I pinch myself"

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

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

    Pros

    The second best decision of my life was saying yes to the EDJ opportunity. I have put four kids through college and am well prepared for my retirement. I will celebrate my 20th anniversary soon and look forward to the next 10 years.

    Cons

    No one will do the work for you. You must turn strangers into clients. There is no better way than starting with a handshake.


  2. "Financial Advisor"

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

    I have been working at Edward Jones full-time (More than 8 years)

    Pros

    First class home office support to go along with the freedom of running your own shop.

    Cons

    Culture varies based on region of the country.

  3. "Edward Jones - Financial Advisor"

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

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

    Pros

    Ability to have a positive impact on your community
    Incredible culture
    Ability to drive your own income
    Ability to set your own schedule (HUGE if you have a family!)
    Access to a plethora of business building tools and strategies
    Amazing training and resources
    Incredible past and an even more optimistic future outlook!

    Cons

    I can't think of any cons. I came from corporate America and am extremely happy I made the decision to join Jones!

    Advice to Management

    Continue listening to your employees. We feel like we're being heard and you show that through your quality communication.


  4. "Financial Advisor"

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

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

    Pros

    With the help of Edward Jones reputation and funding, I opened my own office within 5 minutes of my home, hired an administrator (paid by Edward Jones) and have become profitable within five years. I'm earning six figures, and building myself a $20-30k raise each year from now until retirement. I enjoy my work and the camaraderie between other advisors.

    Cons

    -High cost for monthly health insurance premiums and a $7000 family deductible.

    Advice to Management

    Figure out a way to reduce health insurance premiums for all advisors. While premiums are firm subsidized in an advisors early years, every advisor's situation is different and this subsidy should last until higher income levels.


  5. "It's family"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Branch Manager in Overland Park, KS
    Current Employee - Branch Manager in Overland Park, KS
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Phenomenal support system with the tools to help you do your job effectively.

    Cons

    "Good old boy" network that has no room for women

    Advice to Management

    Understand and listen better to BOA's. They are a plethora of information.


  6. "Senior Recruiter"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    The culture, the people, the collaboration, and the work.

    Cons

    My only con is I wish I found EDJ years ago.


  7. Helpful (3)

    "Financial Advisor"

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

    I have been working at Edward Jones full-time (More than 3 years)

    Pros

    I love being able to make my own schedule after a while, and being able to put my family first. The work is hard, especially at the beginning, but after a while it became the best job I've ever had. The culture is amazing within the firm, whether you want to go up the ladder or focus on your branch.

    Cons

    It is a hard, humbling start. You are building your own business, and unless you already have a network of people ready to invest with you, you are doing it from scratch.

  8. "Financial Advisor"

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

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

    Pros

    Freedom to run your business. No glass ceiling. The consummate american opportunity career the does not discriminate except by your effort.

    Cons

    The bigger we get, the more difficult change becomes.


  9. Helpful (1)

    "Senior Branch Administrator"

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

    I have been working at Edward Jones full-time (More than 8 years)

    Pros

    Growing firm with lots of potential, Learn on the job, 2 person branch offices (FA & BOA), Build and maintain client relationships the old fashion way" face to face", exposure to financial services industry, including; IRA's, Stocks, Mutual Funds, Life Insurance and Retirement planning, help others build successful futures, opportunity to grow financially including becoming a Limited Partner of the firm, vacation, sick time, paid holidays, medical and 401k benefits, opportunity to participate in regional leadership roles, mentor new Branch Administrators, if you love to learn, enjoy people and want a career with potential for personal and financial growth Edward Jones is a great place to work.

    Cons

    May take time to build a practice if the Financial Advisor is new

    Advice to Management

    Keep the Edward Jones culture the same as the original founders envisioned while rapid growth is moving the Firm into the future


  10. Helpful (1)

    "Financial Advisor"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Financial Advisor in Richmond, MI
    Current Employee - Financial Advisor in Richmond, MI

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

    Pros

    The culture is amazing. The client truly comes first, yet the firm strives to make sure that their associates feel heard and appreciated with ample opportunity for compensation and bonuses that reflect their effort and foster self-development. My associates truly feel like friends and family, as do my clients. We also have technology that allows us to truly dive deep with our clients and provide a stellar experience.

    Cons

    The health insurance is expensive, and the job requires a LOT of hard work for advisors as they grow their practice in the first few years. However, if it were easy, then everyone would do it! As you advance you have more flexibility, but there is a huge emphasis on work/life balance and family values from day one. The pros far outweigh the cons if you are willing to put in the work, and expectations are clearly set during the interview process.