Edward Jones Reviews in Washington, DC | Glassdoor

Edward Jones Washington Reviews

4 reviews

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Washington, DC

1.7
StarStarStarStarStar
Recommend to a friend
Approve of CEO
Edward Jones Managing Partner Jim Weddle
Jim Weddle
2 Ratings

4 Employee Reviews

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Pros
  • Work-life balance is a top priority (in 98 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 137 reviews)

More Pros and Cons

  1. Helpful (2)

    "Short but meaningful. Reputable company that treats it's employees and clients well."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Financial Advisor Trainee (FACD) in Washington, DC
    Former Employee - Financial Advisor Trainee (FACD) in Washington, DC
    Recommends
    Approves of CEO

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

    Pros

    Paid training. Notable reputation. No controversy during financial crisis. Flexible hours. Entrepreneurial opportunity,

    Cons

    Aggressive sales goals. Door to door sales.


  2. Helpful (7)

    "disappointed"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - BOA Branch Office Administrator in Washington, DC
    Current Employee - BOA Branch Office Administrator in Washington, DC
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    I have been working at Edward Jones full-time

    Pros

    The EJ intranet "Joneslink" is a great resource and well developed.

    Cons

    Offices usually consist of two people. I have had to report issues or harassment from my boss, the financial advisor, to home office. Not only has the advisor retaliated, but the home office as well. I am working with a lawyer right now building my case. EJ definitely does not look out for its employees.

    Advice to Management

    I know a handful of other branch office administrators who are mistreated in the workplace. Yea, you're a "fortune" company but only the advisors are polled. It is time to realize that advisors may be rating so well because they are allowed to break laws, company policy, and then abuse employees with no consequences.

  3. "Look beyond the numbers so Financial Advisors can succeed"

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

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

    Pros

    Can learn very much in a short period of time.

    Cons

    Little support or encouragement. Too much empohasis on the investment they have in you and little acknowledgemnt or care of the investment you have in them. No opportunity for advancemnt for BOA or FA.

    Advice to Management

    Consider getting a new "secret weapon". It's not realistic to expect existing financial advisors to "mentor" new advisors. Most are in competition with new advisors and do not have the time nor the skill set to provide simple encouragement.They just want the brownie points for mentoring and no accountibility for actually helping. Big reason for the turnover is burnout and total lack of encouragement. From my experience, under performing adviors are ususally very thoughtful and not doing the right work (too much admin and hand holding) and work their tail off for the firm for very low pay. To have a FA Support division who only reaches out when a FA needs a performance warning is ineffective. These leaders should regularly reach out with a few kind words. Surely they can find something complimentary to say. Isnt that a leader? Where else would this encouragement come form? Who hurts when you fire advisors after several years of nurturing a busness? The people you claim to care so much about, the clients. Its not hard to be genuine in helping advisors succeed. The answers are not always in your numbers.


  4. "No Freredom"

    StarStarStarStarStar
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Financial Advisor in Washington, DC
    Current Employee - Financial Advisor in Washington, DC
    Doesn't Recommend
    Disapproves of CEO

    Pros

    Training was fine. Advisors were nice.

    Cons

    Lack of freedom to run your business.

    Advice to Management

    Not one size fits all


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