Edward Jones reviews

3.4

54% would recommend to a friend

(5,326 total reviews)
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Penny Pennington

58% approve of CEO

54% positive business outlook

Edward Jones has an employee rating of 3.4 out of 5 stars, based on 5,326 company reviews on Glassdoor which indicates that most employees have a good working experience there. The Edward Jones employee rating is in line with the average (within 1 standard deviation) for employers within the Financial Services industry (3.7 stars).

Reviews by job title

5K reviews
1.0
Mar 3, 2014

Financial Advisor

Recommend
CEO approval
Business Outlook

Pros

Training was engaging and thorough. Training department personnel were more than helpful and always available for follow up. Regional events are very high end and accommodating.

Cons

Knocking on doors and not having an office to work out of is a major problem when trying to get advisors up and on their way. After being out of the company for a year I am still meeting people in the community that say there was no way they would have ever used EDJ based on the way they seek out new clients. New advisors are never given straight truthful answers. Makes you feel so less of a person than you are. 800 contacts through door knocking and networking with less than 6 months of being a vulture and attempting to get at the prospects money makes it an impossible task for a "new, new" advisor. Ask the hard questions before accepting a position with this company and make sure you get the answers not some half witted, beat around the bush answer that gets you off of their back. Very disappointed.

1.0
Jan 19, 2014

Do not be fooled by their ratings

Anonymous employee
Recommend
CEO approval
Business Outlook

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.

4.0
Dec 27, 2013
Recommend
CEO approval
Business Outlook

Pros

If you're working with the right person, if it's the right fit, and your branch is profitable, you've got pretty great job security. There's a good variety of tasks, so you don't get bored, and it's generally very rewarding to develop relationships with clients. The company is finally recognizing the importance of the branch team (as opposed to just focusing on the FA), and is tailoring more training to the team. The compensation is so-so, but the benefits are quite good, especially the profit-sharing and limited partnership. The corporate culture is unique and supportive.

Cons

As noted, the compensation is underwhelming, and there are limited career advancement opportunities for BOAs once you've made Sr. BOA. The biggest challenge is finding an FA with whom you're well-matched. I've seen many FA/BOA relationships turn toxic when their personalities just didn't mesh. The FAs get minimal training on how to manage their BOA, which contributes to the problem.

Viewing 301 - 303 of 5,326 Reviews

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