Edward Jones reviews

3.4

54% would recommend to a friend

(5,325 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 5,325 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
5.0
Apr 8, 2010
Recommend
CEO approval
Business Outlook

Pros

Job security, consistent firm growth, constant learning of financial aspects, firm/vendor policies and transactional processes. You can choose to work directly with clients/prospects as the Financial Advisor (FA) or as the Branch Office Administrator (BOA) or if you prefer you can support the over 12,000 US branches in a corporate environment with offices located in Tempe, AZ and St. Louis, MO. I think the FA and BOA positions are for people who want to do have virtually the same job functions for the long term and home office associate positions are for people that prefer climbing the corporate ladder, having a variety of job functions throughout their career.

Cons

As a BOA, there is not much room for career advancement. If you meet the requirements, you can get promoted to Senior BOA, other than that you may take on your region's leadership roles such as Regional Leader BOA, Regional Meeting Coordinator, BOA Mentor Coordinator and so on.

4.0
Apr 6, 2010

Did not make it.

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Good upside for those who make the cut.

Cons

High sales goals if you do not already have a base of influence.

3.0
Apr 5, 2010
Recommend
CEO approval
Business Outlook

Pros

Freedom to run your own office, consistency with firm philosophy and direction, respect to FAs as business owners, total comp if you are a GOOD producer, quality of work/life balance

Cons

Unless you have $100m+ in AUM, it's hard to maintain an above-average income. Lack sophisticatipon to compete for HNW clients. Simplistic investment philosophy outdated in today's high-tech, global world. Transaction-based comp in a planning-based environment, conflict of interest. Not fairly compensated for full-service due to mandatory breakpoints and discounts. Firm states clients best interest always comes first, but they don't practice this when it comes to taking care of clients with FA turnover, research and recommendations (Have had a BUY on HD & PFE for 10 years!!), Recommended clients HOLD Lehman bonds all the way down to ZERO. Insists on switch letters and client signatures as a CYA for themselves instead of protecting the client when it comes to getting out of bad investments (like AIG annuities!).

Viewing 5143 - 5145 of 5,325 Reviews

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