Edward Jones - This is a great company that is family friendly. EJ is an industry leader. | Glassdoor
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There are newer employer reviews for Edward Jones

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"This is a great company that is family friendly. EJ is an industry leader."

Star Star Star Star Star
  • Work/Life Balance
  • Culture & Values
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Current Employee - Financial Advisor in Las Vegas, NV
Current Employee - Financial Advisor in Las Vegas, NV
Recommends
Positive Outlook
Approves of CEO

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

Pros

EJ offers a great deal of support and encouragement

Cons

tough industry, a lot of studying

Other Employee Reviews for Edward Jones

  1. Helpful (4)

    "Be a hardcore salesman or you won't last as an FA"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Financial Advisor in Chicago, IL
    Former Employee - Financial Advisor in Chicago, IL
    Doesn't Recommend
    Negative Outlook
    Approves of CEO

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

    Pros

    ****Before taking a job as an FA you need to look at yourself and seriously ask yourself if you are willing to cold call/knock on strangers doors for years. Everyones says they can but very few can. If you are part of the 20% or so who make it, you'll get rich. This firm is great if you are a salesman. If you aren't you'll be gone quickly.

    -Freedom of owning your own business (but remember you don't own your business)
    -Fantastic support system to help you but YOU have to do the work
    -Great bonus structure and incentives to help you build along the way

    Cons

    - Prospecting and selling family, friends (can be complicated)
    - Always have to be selling
    - Your clients aren't yours if you leave, VERY BIG DEAL but no one cares when they're just starting
    - Very hard to build your business from scratch
    - Hard to compete against lower cost alternatives

    Advice to Management

    Don't be shills for American funds. Around 70% of EJ funds are in American funds, EJ is essentially the sales wing of American funds.

    Make stock trades cheaper so advisors can be competitive in the increasingly cost conscious retail investor space.


  2. Helpful (1)

    "The second-smartest career decision I ever made was coming to work here."

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

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

    Pros

    The ability to advise clients and invest their money with a high degree of objectivity -- Edward Jones does not produce its own financial instruments, so there is essentially no proprietary bias.

    Cons

    It's hard work in the early years; be prepared for long hours and long weeks. But the rewards are commensurate.

There are newer employer reviews for Edward Jones
There are newer employer reviews for Edward Jones

See Most Recent

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