Edward Jones - Great opportunity to be your own boss. | Glassdoor
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There are newer employer reviews for Edward Jones

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Helpful (2)

"Great opportunity to be your own boss."

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

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

Pros

A perfect blend of business independence and excellent back office support gives financial advisors the ability to build a successful business serving investors.

Cons

New advisors receive a modicum of sales training and very little technical training. Investors are well advised to work with advisors that have been out for a few years.

Advice to Management

Consider implementing a process that gives clients the choice of an experienced advisor if/when their FA leaves Edward Jones. This will help build brand loyalty and emphasize the client experience over individual branch location profitability. This may be a better growth strategy than cycling clients through repeated inexperienced FAs.

Other Employee Reviews for Edward Jones

  1. Helpful (2)

    "I learned a lot about prospecting"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Good culture, all the experienced advisors try to help the new people as much as they can. You can get lots of support when you have questions too

    Cons

    The landscape of building a business is so different from 15 or 20 yrs ago as it is today. Need to get new advisors with access to clients who have money faster

    Advice to Management

    The way to retain people is not to have them under constant threat of termination.


  2. Helpful (11)

    "Archaic business practice with an unsophisticated value added"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Financial Advisor
    Former Employee - Financial Advisor
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

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

    Pros

    Bottom drawer sales training
    Develops people skills
    Some financial product exposure

    Cons

    Slimey,controlling peers
    Terrible heath benefits
    Poor Technology
    Sophomoric approach to business development
    Meager pay first few years

    Do not start as a new-new. It is a revolving door and a way to for established advisors to gain assets when the new broker dies on the vine. Jones's 20/20 vision ( They want to ramp up to 20,000 advisors by 2020) has them cramming advisors on top of each other in small towns. Being the catfish of the financial industry already, this initiative is hurting advisors cash flow. I traversed neighborhoods that have been recently prospected by 3 different Jones guys.

    There is a lot of propaganda out there: Jones being a top 10 place to work...I want to know who Fortune is talking to; most likely home office weenies or advisors who inherited $15 mil plus. I was with Jones almost a year and a half and didn't see one new-new survive from my region.


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

See Most Recent

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