Edward Jones reviews

3.5

55% would recommend to a friend

(5,319 total reviews)
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Penny Pennington

60% approve of CEO

55% positive business outlook

Edward Jones has an employee rating of 3.5 out of 5 stars, based on 5,319 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
4.0
Jul 22, 2009

Great place to work

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

- Truly care for associates and clients - A balanced work/life approach - Lots of opportunity for leadership and development

Cons

- No major downsides except for as the firm grows larger decisions are slowed, culture is diluted and opportunities for senior management are diminished.

4.0
Jul 9, 2009
Recommend
CEO approval
Business Outlook

Pros

Probably the best big firm in the brokerage business. It is very careful not to even offer very risky products to clients. This keeps everyone out of trouble - clients, the firm, and advisors. The willingness to offer guidance is outstanding - at many firms, advisors guard their knowedge carefully and jealously, so as to keep their advantage. At EDJ my experience was that there was an enormous amount of camaraderie and willingness to spend time coaching and mentoring younger advisors. The tools available to help clients are outstanding as well. Many firms allow only top producers to use things like the Morningstar X-Ray - EDJ makes this available to all advisors. Also, the customer contact database is far superior to other firms I have worked for.

Cons

The work of a financial advisor is tough at all firms. EDJ could do more to support young financial advisors in their careers to reduce the failure rate. Benefits for financial advisors are very costly after the subsidy period is over (2 years?). At the end of the day all financial advisors at EDJ and other firms are sales people - that is what is valued the most - their understanding of portfolio construction and financial planning is hit or miss depending on the individual skills of the advisors they hire. My experience is that the experience of the average advisor is a little thin. I would not want my parents to invest with an EDJ advisor unless they had "real" credentials - a CFP or bachelor's or masters in financial planning. Truth be told, this is rare, not just at EDJ, but across the industry.

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