Edward Jones - Archaic business practice with an unsophisticated value added | Glassdoor
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There are newer employer reviews for Edward Jones

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Helpful (13)

"Archaic business practice with an unsophisticated value added"

StarStarStarStarStar
  • 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.

Other Employee Reviews for Edward Jones

  1. Helpful (1)

    "Great company with a lot of great people!"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Senior Recruiter in Maryland Heights, MO
    Current Employee - Senior Recruiter in Maryland Heights, MO
    Approves of CEO

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

    Pros

    Very flexible work environment with ability to work from home. The associates know their objectives and are empowered to reach them.

    Cons

    Pay is not as high as other competitors in the industry.

    Advice to Management

    It is important to hire external talent but they need to continue to promote from within as well.


  2. Helpful (1)

    "Great Culture"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Service Specialist in Saint Louis, MO
    Current Employee - Service Specialist in Saint Louis, MO
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Edward Jones full-time (More than 3 years)

    Pros

    Great people and great culture. They work hard to make everyone feel part of the team. They also rarely have to do lay-offs, which some of their competitors can't say for themselves.

    Cons

    The healthcare benefits are expensive. But this may be more of a comment on the industry standard rather than EJ themselves.

    Advice to Management

    Work on the quality of middle tier leadership.

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

See Most Recent

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