Edward Jones "door knocking" Reviews | Glassdoor

Edward Jones Employee Reviews about "door knocking"

Updated Nov 26, 2019

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4.0
77%
Recommend to a Friend
96%
Approve of CEO
Edward Jones Managing Partner  Penny Pennington
Penny Pennington
206 Ratings
Pros
  • "We are given an enormous amount of support from our home office(in 158 reviews)

  • "Great training for resume building(in 153 reviews)

Cons
  • "Hard to build a business from scratch door knocking(in 171 reviews)

  • "Get used to Door-to-door prospecting(in 156 reviews)

More Pros and Cons

Reviews by divisions

Reviews about "door knocking"

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  1. Edward Jones - Financial Advisors | Division of Edward Jones

    "Great Company Culture"

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

    I have been working at Edward Jones full-time for more than a year

    Pros

    Family feel Good compensation if you work hard Opportunity to get experience "running your own business"

    Cons

    Door knocking Typical sales pressure Possibility to deal with a lot of rejection

    Edward Jones2019-08-26
  2. Helpful (4)

    "Be Prepared for Door-to-Door Sales"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Financial Advisor Trainee 
    Doesn't Recommend
    Neutral Outlook

    I worked at Edward Jones full-time for less than a year

    Pros

    Training was top notch. The firm pays you while you are studying for licensing exams. Some folks in the region seem to genuinely care about one another.

    Cons

    You must be excited about going door-to-door in residential neighborhoods trying to "sell" your services and the firm's services. If you are not passionate about this process, you will struggle. Be prepared for long days with the hope of getting a handful of phone numbers each day (if you're good and lucky enough to catch folks home). Hopefully, of the phone numbers you get, some will answer when you call. Of those... that answer, hopefully a few will agree to meet with you. Of those that meet with you, hopefully a few will open accounts and move assets. Then you continue this process for 3-5 years until your book of business is built. Other FAs will tell you that they built their business without door-knocking. It rare, especially at the beginning.

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    Advice to Management

    The door-to-door system becomes less and less effective each year. Most homeowners do not appreciate having someone knock on their door to try and sell products or services. Today, most companies that still do door-to-door sales are known for selling junk or garbage. Get with the times and come up with modern ways for new FAs to start without the antiquated sales approach. Forcing everyone to go door-to-door fails... to take advantage of each new FA's individual personality and skills. You're losing good folks because of the outdated process.

    Show More
    Edward Jones2019-11-26
  3. Edward Jones - Financial Advisors | Division of Edward Jones
    Helpful (1)

    "Financial Advisor"

    StarStarStarStarStar
    Former Employee - Financial Advisor 

    I worked at Edward Jones full-time

    Pros

    A great culture where people aren't afraid to help the new guys.

    Cons

    Too much door knocking, Not the most effective way to build your business.

    Edward Jones2019-11-05
  4. Edward Jones - Financial Advisors | Division of Edward Jones
    Helpful (1)

    "Your time is what you make of it."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Financial Advisor in Seattle, WA
    Neutral Outlook
    No opinion of CEO

    I worked at Edward Jones full-time for more than a year

    Pros

    A great way to become introduce to life as a financial advisor. A lot freedom of movement in regards to managing your own time and small business. Senior advisors are willing to help if you ask them. Good support/coaching network, but onus is on you to make things happen.

    Cons

    Come prepared with your business plan AND marketing strategies detailed out to include how you will manage your day-to-day activities. Door knocking/Cold walking is NOT as bad as it seems, but if you don't have much luck there you need to have other sources available to generate clients/accounts with. You're time is what you make of it, if you can't manage it effectively enough your business will suffer. Prepare... to put MANY hours in on the front end of things.

    Show More
    Edward Jones2019-10-03
  5. Edward Jones - Financial Advisors | Division of Edward Jones
    Helpful (3)

    "Great company but be ready for the grind"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Financial Advisor in Saint Louis, MO
    Doesn't Recommend
    Negative Outlook
    Approves of CEO

    I have been working at Edward Jones full-time for less than a year

    Pros

    Base salary Great training Benefits Unlimited potential Paid training

    Cons

    Door knocking Starting with nothing , no leads just whoever you know

    Advice to Management

    Help advisors find an area to direct business More leadership with a way to not feel thrown to the wolves

    Edward Jones2019-09-12
  6. Edward Jones - Financial Advisors | Division of Edward Jones

    "Financial Planner"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Financial Advisor in Kansas City, MO
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Edward Jones full-time for more than 5 years

    Pros

    Good people that work there

    Cons

    Door knocking on a day to day basis

    Advice to Management

    None

    Edward Jones2019-07-30
  7. Edward Jones - Financial Advisors | Division of Edward Jones
    Helpful (13)

    "Headed in a bad direction."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Financial Advisor 
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    I worked at Edward Jones full-time for more than a year

    Pros

    They put a lot of effort into training and paying for it upfront.

    Cons

    Outdated model by still promoting door knocking; it isn't effective in today's world. They over promise on advancing in your career., the only people that make it are the ones that are given assets or retirement plans. They are also over hiring right now and is creating high turnover since they don't have enough resources to support new people.

    Advice to Management

    Change your model quickly and start giving more support to the new people instead of over hiring.

    Edward Jones2019-07-18
  8. Edward Jones - Financial Advisors | Division of Edward Jones

    "Good company"

    StarStarStarStarStar
    Current Employee - Financial Advisor 

    I have been working at Edward Jones full-time

    Pros

    Freedom and unlimited income potential is what attracted me to this job.

    Cons

    Hard to build a business from scratch door knocking.

    Advice to Management

    n/a

    Edward Jones2019-06-17
  9. Edward Jones - Financial Advisors | Division of Edward Jones
    Helpful (1)

    "Know what you're getting into before you jump"

    StarStarStarStarStar
    Former Employee - Financial Advisor Trainee 

    I worked at Edward Jones full-time for more than a year

    Pros

    Base pay while building your book of business plus a small percentage of commissions.

    Cons

    I felt forced to sell A share mutual funds from certain companies. Also door knocking is not a good method to attain clients.

    Edward Jones2019-05-24
  10. Edward Jones - Financial Advisors | Division of Edward Jones
    Helpful (2)

    "Great company"

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

    I have been working at Edward Jones full-time for more than a year

    Pros

    Unlimited income make your own schedule run your own business

    Cons

    can be very challenging Their sourcing strategy relies mainly on door to door knocking, which can be very reliable depending on location, but in some areas is very hard due to no soliciting signs and very bad opinion of door to door salesman in general.

    Edward Jones2019-04-09
Found 171 reviews