Edward Jones - Always do what is in the client's best interest | Glassdoor
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Helpful (1)

"Always do what is in the client's best interest"

StarStarStarStarStar
Former Employee - Financial Advisor
Former Employee - Financial Advisor
Positive Outlook
Approves of CEO

I worked at Edward Jones full-time

Pros

Great culture, everyone helps everyone else to succeed, great on going training and very friendly.

Cons

Very difficult to succeed as a new FA. Starting from scratch with zero assets will take a lot of energy, great sales techniques, confidence and a lot of perseverance and it helps to have a fair amount of savings to get you through the sparse months.

Advice to Management

Find a way to spread out the available assets to all the new FA's rather than just giving them to a few.

Other Employee Reviews for Edward Jones

  1. "Great people / complex politics."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Senior Program Analyst in Tempe, AZ
    Former Employee - Senior Program Analyst in Tempe, AZ
    Recommends
    Neutral Outlook
    Approves of CEO

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

    Pros

    Many of the folks that work there are brilliant. The company does an outstanding job of espousing it's culture as the best of breed / lean corporatocracy , and that shows in the success many of my colleagues have found there through out the years. They offer competitive bonuses for high (salaried) performers throughout all divisions and departments. Some of the very best mid-manager and directors I have worked with are here (I'm in year 14 of my profession).

    I love that the leaders are very hands on and keen to make themselves aware challanges and set-backs. By channeling this upstream, you get a bit of reprieve from the sometimes aggressive 'tug-of-war' that takes place between projects.

    Cons

    Their self-promotion culture is a bit obnoxious, and the pay is well below standard levels - at first. Their corporate comfort can suck you in, while the political climate can get a little thick times - expect lots of 'red tape'. They're a very 'basics' company in many respects - deriving their ethics and attitude from 'Main' street rather than Wall street. which is not a bad thing per say, but may prove a bit stifling if you're expecting to press on with avant-garde or non-traditional practices.

    Advice to Management

    Averse to finding out what the troops (in IS) are pining for? None of my co-workers want to sound needy, but they Do understand that many folks are feeling over-burdened or arbitrarily 'pulled in many directions'. While their jobs are valued, morale worsens because this increase in pressure then comes to resemble a heavy footed penalty for the (decidedly nice) relationship that employees have with the company.
    Try to pry a little more with the individual effort contributors and see what everyone is saying - there is unison in their voice.


  2. Helpful (7)

    "Stop filling out the application now"

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

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

    Pros

    A recognized national name.
    You are, to a point, your own boss.

    Cons

    Nothing but door to door sales to get your initial and ongoing business.
    Demeaning practice of making you a sales and new business jockey.
    No actual advising of your clients, as they have you shove mediocre funds with high fees in front of clients, skimming the border between shady and illegal from a suitability standpoint.
    Terrible upper management is out of touch with reality.
    Hours are just crazy, you'll probably work 12 hour days, every day, and even weekends, for little to no results.

    Don't believe the hype of this job, if you don't already have a book of business you WILL fail and they will simply transfer your clients to a good ol boy advisor who has been there forever. Run far away to a real investment company who will value you as a person. This business model will quickly crash in a few years when older customers fade off, so there isn't much of a future anyway. I'm assuming Ed Jones paid off the "top places to work" lists, this should be bottom of the barrel.

    Advice to Management

    Stop luring in college grads by simply lying about the position and potential.

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

See Most Recent

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