Edward Jones Reviews | Glassdoor

Edward Jones Reviews

Updated November 19, 2017
1,898 reviews

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1,898 Employee Reviews

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Pros
  • Work-life balance is a top priority (in 97 reviews)

  • Great training program for new advisor (in 133 reviews)

Cons
  • If you would want to be a Financial Advisor you would need to do a lot of door to door cold calls (in 128 reviews)

  • Door knocking sucks most of the time (in 135 reviews)

More Pros and Cons

  1. Helpful (1)

    "Best Financial Advisory Firm"

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

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

    Pros

    I have worked for three financial advisory firms over my 24 year career and Edward Jones is by far the best.

    Cons

    Single FA office may not be for everyone, but is a great factor for me. It is a nice change from the sea of FAs in some high-rise building downtown.

    Advice to Management

    Continue to develop tools, systems, resources for us to fully comply with the fiduciary standard rapidly.


  2. "FA"

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

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

    Pros

    Training salary is 70% of your last 2 year tax return average. Immediate benefits. Training is paid. But the good training only comes if you survive the initial field training.

    Cons

    Dishonesty among the ranks in regards to job stability, including HR staff. Must work 60+ hours unless you perform above average. It’s easy to believe all you have to do is pass the national and state exams, but this is not true. You must accept aggressive treatment and threats of termination on every call/meeting. And they mean it, you will walk a fine line or they will terminate you. The only time you will have leverage is if you become profitable and that will take 3+ years. They don’t care what you are capable of, if you push back any at all, they will fire you. They want cult members, not independent thinkers.

    You will have to teach yourself, field trainers may not give you the time of day, but you will be held accountable for what you don’t know. if you have no sales experience or corporate experience, proceed with caution. You must be able to learn on your own and work all alone, no excuses. Excuses will not be accepted no matter how legitimate they may be.

    Advice to Management

    Advice will not help, the culture is from the top down. People deserve honesty and integrity. Families deserve to be given clear information.

  3. Helpful (1)

    "Branch Office Administrator"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Recommends
    Approves of CEO

    I worked at Edward Jones full-time

    Pros

    Great support from home office. Client focused advisors. Have the opportunity to get to know your branch clients well. Very positive environment to work in.

    Cons

    Need to like to work independently, as offices are one advisor and one Branch Office Administrator (BOA); not a bad thing unless you are looking for a more social place to work. As a BOA not a lot of opportunity for advancement to a different role.


  4. Helpful (1)

    "Technical Path"

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

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

    Pros

    Really good company, they offer assocates good benefits and treat them fairly.
    Great opportunities to move/grow within the organization.
    No layoffs and ability to become limited partner

    Cons

    Technical Path can be restrictive unless you move to different areas. Have to work at not being caught in a box job wise.

    Advice to Management

    As with most companies leadership can be very hit or miss. Good leadership moves up, poor leadership stays. I have had very good leaders and some that would benefit from more comprehensive leadership training.


  5. "Edward Jones is as Welcoming as they come"

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

    Pros

    Establish a friendly environment at the office
    HQ is great at assisting problems

    Cons

    Strict policies on outside pay/involvement


  6. Helpful (1)

    "Financial Advisor"

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

    I worked at Edward Jones full-time

    Pros

    Competitive pay, nice people to work with.

    Cons

    Leadership could be better, training is not great.

    Advice to Management

    Pay more, train more, make the program longer.


  7. Helpful (2)

    "Great training program, they want you to pass your series testing."

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

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

    Pros

    Lots of resources to help you pass your tests, including a daily schedule to keep you on track. Upon finishing training, you are given a lot of autonomy to build business how you want, with help from EDJ. Every office only has 1 financial advisor (though this could also be a con)

    Cons

    Long hours (45-55 hours typically, though one week I worked 77 during training), includes saturdays. Building your own business can sometimes be hard without a direct supervisor telling you what to do. Must be comfortable with door knocking, though it is an effective way to find clients.

    Advice to Management

    Have more of an onboarding process and more communication throughout training. I was very lost about what my next steps would be after training.

  8. "FA Review"

    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 a year)

    Pros

    Work/Life Balance is great and I loved the freedom.

    Cons

    You have to door knock and you will not enjoy it.


  9. "Intern"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Recommends
    Positive Outlook
    No opinion of CEO

    Pros

    Good work environment
    Progress for future employment

    Cons

    Stuck in one area

    Advice to Management

    Give interns more of a widespread of opportunities


  10. "Sr. BOA"

    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 (More than 10 years)

    Pros

    They do what is right for the client.

    Cons

    They under pay Admin. Staff


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