Pros
1) Great study program to pass series 7, seriess 66 and group 1 (life/health) licensing. 2) Potential to earn a high income if you can survive the first 3 to 5 years financially. 3) A high level of support and training provided from your peers. 4) Higher chance of success if you live in a small town. People in larger cities tend to invest with firms like Merril Lynch, Morgan Stanley, Fidelity, etc...
Cons
1) Edward Jones will send you an impressive recruitment CD when you are going through the interview process. PAY SPECIAL ATTENTION to the part where they state the average earnings are $50,000 in your first year. It disturbed me deeply to learn from a seasoned Financial Advisor that Edward Jones was referring to home office employees. It is interesting that they send you a CD and do not put the recruitment video on their web site. I was employed for about one year and earned $2,000 during the first quarter and my salary went down $500 each quarter. After 12 months I was on 100% commission. I had a good week and sold $100,000 in bonds and only earned $1,000 in commissions. 2) Extremely low success rate. Approximately 80% to 90% of Financial Advisors are not able to survive past the first few years. This is true of the entire investment industry. 3) Edward Jones way of doing business is to walk door to door. This is by far the most difficult job I have ever had!