Edward Jones Reviews | Glassdoor

Edward Jones Reviews

Updated August 18, 2017
1,788 reviews

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1,788 Employee Reviews

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Pros
  • Work-life balance is a top priority (in 93 reviews)

  • Great culture, great training, good camaraderie (in 127 reviews)

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

  • Door knocking sucks most of the time (in 125 reviews)

More Pros and Cons

  1. 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


  2. "Great company to work for!"

    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

    I worked at Edward Jones full-time

    Pros

    Great work environment and good benefits.

    Cons

    Lower salary compared to other companies in the industry.

  3. "Great if you have no experience"

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

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

    Pros

    Payout is among the highest in the industry. Your own office admin.

    Cons

    Cult like mentality. Don't care about advisors who have built their own business

    Advice to Management

    Stop giving millions of dollars to new FAs who have no experience managing money


  4. "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


  5. "BOA for 3 years"

    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

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

    Pros

    Great company culture. My FA was great and a level 10 branch, which meant my bonuses wee very good. Base pay was terrible, even after I earned my BBA. Would not be worth it if not for the bonuses. But these are given based on FAs profitability and discretion, so those who are not in high performing branches won't see the same bonuses.

    Great benefits, 401k, profit sharing, vacation time

    Cons

    No room for advancement as BOA.

    Advice to Management

    More career paths for BOAs.


  6. Helpful (1)

    "Branch operations administrator"

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

    I have been working at Edward Jones full-time

    Pros

    If you get a good fa, nice to not have a ton of people coming down your throat. If successful fa,ability to get decent bonuses.

    Cons

    New DOL policies which are stricter than any other firm and causing clients and fast to leave. I understand wanting to protect the client, but some of what the firm wants is too much.
    It's good the bonuses are decent because after a ton of years in the business my base salary isn't even at 50k! And I have a college Degree! Little advancementioned and the firm is very strict on what boas are permitted to do which makes one less marketable if you wish to go elsewhere. Doesn't even use Microsoft Office unless you are in a leadership office or your fa willike pay for it.

    Advice to Management

    Give boas some credit and allow us to do more. Also, salary ranges need to be upped once again. To start a new board at 12/hrs when some Walmart and mcds employees get 15/hr...get real. And Sr boas with college should base be making 50k minimum in the northeast farmland without education should get 43k.


  7. "Branch Office Administrator"

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

    Pros

    Training, benefits, hours, low pressure environment.

    Cons

    I had a bad experience with the financial advisor running the office. He was a real piece of work and treated me like dirt.

    Advice to Management

    Give financial advisors training on how to respect their office staff.

  8. "FA mood can determine"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Doesn't Recommend
    Positive Outlook

    I worked at Edward Jones full-time

    Pros

    Paid time off is average to start

    Cons

    Business is based on personal relationship and communication skills of financial advisor than home office


  9. Helpful (1)

    "Do not work in Tailored BOA Support"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    I have been working at Edward Jones full-time

    Pros

    -Decent Salary
    -Decent vacation and sick time

    Cons

    -Hard to move around with the company starting at this position
    -Leaders don't care if you are overworked, overwhelmed, stressed, etc.
    -Department leaders have never been in your position and they have no idea how your systems work or all the issues your systems have or what you deal with on a daily basis

    Advice to Management

    -Edward Jones should require team leaders to train for several months in this position before become team leaders of this department
    -You should not make associates cover 10+ branches each day. There should be a 4 branch maximum unless the associate asks for more.


  10. Helpful (3)

    "They pay you exactly what your worth, but some people can't live on that."

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

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

    Pros

    Freedom to be in business for yourself but not by yourself. If I help enough people reach their goals, I will reach mine.

    Cons

    The first years your underpayed for the work you do. The next few years your fairly paid. But then your over paid for the rest of your career. If your looking for a job, you'll be disappointed. If your looking for a rewarding career you've found the right place.

    Advice to Management

    Thank you for allowing the people that work here to own this firm. Working with owners is a lot different than working with employees.


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