Edward Jones - Middle of the pack | Glassdoor
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There are newer employer reviews for Edward Jones

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"Middle of the pack"

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
No opinion of CEO

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

Pros

Great opportunity to start without established book, network of financial advisors very helpful, reasonable monthly sales goals

Cons

Limited Market/stock Research and mediocre commission structure

Advice to Management

Provide better market and stock research to help FAs service their clients

Other Employee Reviews for Edward Jones

  1. Helpful (7)

    "Do not be fooled by their ratings"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

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

    Pros

    Stable employment. You wont get fired unless you speak up against management.

    Cons

    The "culture" worsened every year since I began working at Edward Jones over 10 years ago.
    Discrimination and preferential treatment are common practice at Edward Jones.
    General partners can skip over any company policy.
    The CEO use the "suggs" suggestions box as a forum for scolding employees who complain. Some suggs don't get signed with the financial adviser's name for fear of retaliation.
    The company nickle and dimes employees while making huge profits. "Profit Sharing" is heavily skewed toward management and general partners.
    Forget about work/life balance if you decide to work for Edward Jones.
    The anonymous "feedback" the company solicits yearly or bi-yearly is NOT completely anonymous. Be careful of submitting a negative review via that system.

    Advice to Management

    Be open minded about criticism and don't retaliate against employees who speak up.


  2. Helpful (1)

    "Great company and culture but know what you are signing up for"

    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
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at Edward Jones full-time (More than 8 years)

    Pros

    Ability to control your own destiny and be your own boss, great culture within the regions, help/training readily available...just need to ask, helping people achieve their goals and dreams

    Cons

    I love EDJ but know this: It's a 100% commission/fee-based after 2 years, door-knocking/prospecting = lots of rejection, handling clients complaints = managing people of all different types, high stress situations at times (but what important job doesn't have that)

    Advice to Management

    Think outside the box - as EDJ is anything but a flat organization. Flat in the field, yes, but their are so many layers of corporate B.S. in St. Louis that it almost creates an "us" versus "them" culture. If it's truly a partnership, then advisors should know about how they could potentially ascend within the region and the firm. With the bold growth initiatives of 2020 there needs to be more field based area leaders that aren't 20+ year vets aka middle aged, white males. Embrace younger, successful advisors that think outside the box for these roles along with women and minorities. You may "say" you are doing some of this, but you are not.


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

See Most Recent

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