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Edward Jones Reviews

Updated February 21, 2018
1,959 reviews

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3.8
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Edward Jones Managing Partner Jim Weddle
Jim Weddle
1,210 Ratings

1,959 Employee Reviews

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Pros
  • Work-life balance is a top priority (in 99 reviews)

  • Great training program for new advisor (in 137 reviews)

Cons
  • Knocking door to door to generate business (in 128 reviews)

  • Door knocking sucks most of the time (in 139 reviews)

More Pros and Cons

  1. Featured Review

    Helpful (18)

    "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. "Great Employer"

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

    I worked at Edward Jones full-time (More than 8 years)

    Pros

    Great company to work for. Good training programs.

    Cons

    Hard to leave the company if you have to.

    Advice to Management

    Try not to grow so fast.

  3. Helpful (8)

    "Hard Start Will Lead to Success"

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

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

    Pros

    Work life balance, unlimited income, career support, moral support, travel rewards, partnership, profit sharing 100% vested immediaty, you are able to decide who your clients are, compliance will always have your back if your legal and ethical, and EDJ changes lives (yours and your clients). If a person gives 110% for the first two years, EDJ will reward you with a career that you will retire from. Follow the recipe, enjoy the Kool-Aide!

    Cons

    You have to "put some hay in barn" for the first two years. You will work more than you have ever though possible. You will be stressed physically and emotionally. Your children will wonder where you are during the week. All your new coworkers will have excuse after excuse on why they aren't successful. The anxiety of failure will be your motivation. If you can accept this hard time in your career, you and you're family will be rewarded. My wife and I used to fight about money, no we only argue about where we go on vacation. The struggle is real:)

    Advice to Management

    Thanks Jim.


  4. "Good Job. Wanted More"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Investment Analyst in Grand Rapids, MI
    Former Employee - Investment Analyst in Grand Rapids, MI
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at Edward Jones part-time (Less than a year)

    Pros

    I was given flexibility with the ideas that I could share and explore while working. I was compensated at a level that I thought was fair. Status growth was available.

    Cons

    I did not want to do the same thing everyday. Sit at a desk, run reports, work for someone else. It was not challenging enough.

    Advice to Management

    Keep it up.


  5. "Sales"

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

    I worked at Edward Jones part-time

    Pros

    Great company to work for

    Cons

    Hard work, but worth it


  6. Helpful (2)

    "Good Place To Start Your Career"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Financial Advisor in Portland, OR
    Former Employee - Financial Advisor in Portland, OR
    Doesn't Recommend
    Positive Outlook
    Approves of CEO

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

    Pros

    Great training even if it is quite intense at times...well, most of the time. But then, they're trying to weed out those who won't be able to handle the rigors of running a branch.

    Cons

    Can be reeeeally competitive at times, to a fault. If "putting the client first" is the first priority then someone snuck in "putting the company first."

    Advice to Management

    Remember that when you make "promises" some people are going to be taking notes. Don't say it's "your business" to the new hire if you're going to later demonstrate to the Vet it's not.


  7. Helpful (4)

    "Financial Advisor"

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

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

    Pros

    1. As close to being an independent financial advisor as you can be while still having a lot of support (home office and in your branch)
    2. Very competitive salary to start, compensation percentage increases as your profitability and tenure increase.
    3. One of the best life styles in the financial industry - families are included in the rewards (travel, etc), you set your own schedule, no immediate manager looking over your shoulder.

    Cons

    1. It is a tough five years to get started. You need to have an entrepreneur mindset who is willing to do what it takes to get your business off the ground.
    2. If you have a total independent mindset, you will find some of the compliance restrictions to be limiting. For example, you may nothave a financial blog. You must be willing to stay within the boundaries given to you.

  8. Helpful (1)

    "Difficult to stay motivated as there isn't much growth in the company unless you choose to become a Financial Advisor."

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

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

    Pros

    The flexibility is great, if the financial advisor allows for it. It's nice to be on my own schedule on days I really need it the most.

    Cons

    Not a lot of growth for the BOAs. Benefits are mediocre as Vacation days start at 10 and increase to 15 after 3 years of service.

    Advice to Management

    Provide growth or salary opportunities to the BOAs. They are literally holding every branch office together.


  9. "Financial Advisor"

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

    I have been working at Edward Jones full-time

    Pros

    The company spends a lot on training and the hours are completely flexible leading to an amazing work/life balance.

    Cons

    Recent regulatory changes have added a lot of work and forced us to review our businesses. Despite support from home office this has created a pretty big workload.


  10. "Financial Advisor"

    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

    I have been working at Edward Jones full-time

    Pros

    Good training for young FAs and great support from other advisors

    Cons

    pay structure and door knocking

    Advice to Management

    everyone should start with some sort of book of business


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