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      Edward Jones

      Engaged Employer

      Edward Jones reviews

      3.4

      54% would recommend to a friend

      (5,325 total reviews)
      avatar

      Penny Pennington

      58% approve of CEO

      54% positive business outlook

      Ratings by demographic groups

      Edward Jones has an employee rating of 3.4 out of 5 stars, based on 5,325 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
      Jul 21, 2010

      Good introduction to investment industry

      Financial advisor
      Recommend
      CEO approval
      Business Outlook

      Pros

      Training for investment advising good work environment fast recognition and praise for performance

      Cons

      Medical benefits terrible- very high deductible low commission payout during entire phase of career low compensation compared to similar firms make a decision to leave, and they turn on you like a wild dog very political, need to take over existing office to have good shot at making grade first year I was a very good performer by their metrics, and still was let go due to politics lip service that they do what's best for the client, but the advising process and product offerings do not reflect that

      3.0
      Jul 20, 2010

      Product focused compensation, although added AUM after I left

      Investment representative
      Recommend
      CEO approval
      Business Outlook

      Pros

      Overall a company with excellent values and no proprietary products to be pressured to sell. Liked opportunity to have my "own business" (see con) which was a nicely appointed office IN my home town.

      Cons

      Your "own business" is not really the case. I was technically an employee and therefore the book of business is really Jones'...not yours to pick up and take where ever you may choose in the future. I didn't do my homework well enough on how Advisors are paid (fee for service (hourly/project), % of assets under management, or commission on the sale of a product). At the time I was primarily limited to selling a product (mutual fund, stock, etf, bond, insurance) and the fee-based possibilities required at least $500k to get started. Since then, they have launched a fee-based platform which I have heard the Advisors appreciate. In my current situation I can do all three, giving me the flexibility to be compensated in the way that makes the most sense for my client. This is a tough business to get started. Perhaps optimal if you are young, single and financially flexible OR if you have some significant savings in place OR if you have a spouse that can support you while you build an income.

      4.0
      Jul 18, 2010

      Good people.

      Intern
      Recommend
      CEO approval
      Business Outlook

      Pros

      Empowering work/business model. Good people. Potential for excellent compensation, if you can perform to very, very high expectations. Good opportunity for mentorship by experienced, successful brokers.

      Cons

      Cold-calling is not fun. Difficult to get into markets not already saturated by other Edward Jones brokers. There is some bad-mouthing of other brokers, but that will be the case in any hyper-competitive, commission-driven environment.

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      ReviewsEdward Jones reviews

      Glassdoor has 5,717 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.