Edward Jones - Hardest work I've ever done | Glassdoor
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There are newer employer reviews for Edward Jones

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Helpful (3)

"Hardest work I've ever done"

Star Star Star Star Star
  • Work/Life Balance
  • Culture & Values
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Current Employee - Financial Advisor in Des Moines, IA
Current Employee - Financial Advisor in Des Moines, IA
Doesn't Recommend
Neutral Outlook
Approves of CEO

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

Pros

You'll ultimately be given your own office to run with significant autonomy. A chance to build and run your own business with minimum interference. Technical support when called upon is generally positive, prompt, and quite helpful.

Cons

Compensation is not as glowing as advertised. Significant dropout rate of new advisors in first 3 years. Lots of pressure for you to help recruit new advisors. Training geared towards selling rather than building strong portfolios for clients

Advice to Management

Tendency to describe those who leave as slackers who just didn't work hard enough...as in, yes their is turnover but we're losing those who really weren't willing to do the work. Don't significantly raise goals in the midst of a significant economic downturn.

Other Employee Reviews for Edward Jones

  1. Helpful (1)

    "Financial Advisor FACD"

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

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

    Pros

    Great training one of the best programs in the industry for training financial advisors. Jones paid for licenses in securities and insurance. Provided educational courses both in classroom and online with experienced financial advisors.
    Great support from specialist in home offices in Arizona and St. Louis.
    Clients love the face to face relationship they are able to develop knowing their financial advisor is located locally withing their community. As an advisor we focus on meeting clients financial goals short term and long term. Building a great relationship with the client in the community allows us to help our clients meet those goals.
    Managing your own office, you can't put a price on it!

    Cons

    Long hours but if the most is made of your time the pay is amazing.

    Advice to Management

    Update online capabilities for both employees and clients, completely move away from the green screen.


  2. Helpful (2)

    "For entry level financial consultant jobs, this is the best option."

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - BOA Branch Office Administrator in Little Rock, AR
    Current Employee - BOA Branch Office Administrator in Little Rock, AR
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Edward Jones invests heavily in the education of their employees. If you want to be a financial consultant, and you pass through their hiring process, you are set up well by this company.

    Cons

    I was not comfortable with the business model of door knocking that is still in practice. I am not sure that this is still relevant today even if it worked 10 years ago. An administrator is expected to do service calls that are very similar to telemarketing for advisors they support. This can be a nuisance to do around other duties.

    Advice to Management

    After I left EJ, people expressed to me that they were turned off by the door to door approach of sales. I am sure that some people are successful with it, but I think the perception of door knocking as an antiquated approach is more than corporate realizes.


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

See Most Recent

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