Edward Jones reviews

3.4

53% would recommend to a friend

(5,327 total reviews)
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Penny Pennington

57% approve of CEO

54% positive business outlook

Edward Jones has an employee rating of 3.4 out of 5 stars, based on 5,327 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
3.0
Aug 17, 2013

Good Only If You Suck Up to the Right People

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Great if you're a middle-aged white male who plays golf. Otherwise, not so much.

Cons

Still in the dark ages, technology-wise. For example, in 2011 they were still investigating Linux on z! Really??? People advance on their ability to kiss up to senior management, not on the quality of their work or business achievements. Also, they try to force you to have your investment accounts with Edward Jones, which is very expensive. Jones charges 2% of the dividend payment for the service of re-investing dividends, in addition to high trading fees. As a "benefit," employees receive one free trade every four months - woo hoo! Pay is below market.

1.0
May 25, 2013

WARNING---Watch Out

Recommend
CEO approval
Business Outlook

Pros

Not sure if there are any.

Cons

The employment contract is very one sided: Edward Jones sided. If you leave the company for any reason (e.g. they fire you) within the first 3 years, you owe Edward Jones $75,000. They expect new FA's to work 60 hours a week. I think they are a sect, like Scientology.

3.0
May 9, 2013
Recommend
CEO approval
Business Outlook

Pros

Training, co-workers bend over backwards to help out new advisors.

Cons

Build client base by going door-to-door. First performance benchmark is at four months. If not met, termination of employment is a real possibility. 14 hours days (10 on weekend) expected of new advisors. Selling front-end loaded mutual funds (5.75%) difficult when many superior no-load funds are available.

Viewing 391 - 393 of 5,327 Reviews

Glassdoor has 5,719 Edward Jones reviews submitted anonymously by Edward Jones employees. Read employee reviews and ratings on Glassdoor to decide if Edward Jones is right for you.