Edward Jones reviews

3.5

55% would recommend to a friend

(5,318 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 5,318 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
2.0
Feb 23, 2009
Recommend
CEO approval
Business Outlook

Pros

They will give people a chance to be a financial advisor that don't have a big book to tranfer, like other companies look for.

Cons

They don't care about the people out doorknocking. If you are not making money for them they will cut you quick. It is in insanely hard thing to do, especially in the current environment and market conditions. They are also very conservitive and believet that every investor needs class A shares of American Funds. You are basically trained that all annuities and fee-based accounts are bad even though they can be a great fit for many investors.

4.0
Feb 12, 2009
Recommend
CEO approval
Business Outlook

Pros

Depending on the attitude of the financial advisor you work for, the job can provide for enormous flexibility and work/life balance, which is reflective of Jones culture. A good BOA/FA relationship can offer a very pleasant work environment. As a BOA with an excellent relationship with my FA, I can attest to the value of such a tension- free workplace. However, this could be a torturous place if the opposite were true. Its just the BOA and FA all day long-- no one else. If you don't get along, your day will be hell. If you are looking to get your foot in the door in the investment industry in a non-sales capacity, Edward Jones is probably an excellent place to start as they are willing to hire applicants without experience. However, if you already have a significant background, and you are looking for a company to recognize that and pay you accordingly, Edward Jones is probably not for you.

Cons

Although the company states that market analysis is used to determine rate of pay, compensation is not competitive for branch office administrators. It takes many years for your salary to become acceptable. This is particularly difficult for those who do not work in an office that is profitable enough to qualify for bonuses--which are difficult to attain. The benefits are adequate at best. Only high- deductible insurance coupled with an HSA is offered. While there is a profit sharing, which is variable, the company matches only 500.00 per year in the 401k. The overall culture of the company is a positive one but is sometimes slightly difficult to swallow. They really want you to drink the proverbial "kool-aid". The worst consequence of not drinking it is that you may occasionally find yourself chuckling or rolling your eyes.

4.0
Feb 12, 2009
Recommend
CEO approval
Business Outlook

Pros

Your own office and Assistant. Trips potential. Managed and directed a wide range of strategic planning, financial analysis and organizational management functions. Developed and implemented improved policies and procedures, resulting in improved efficiency and productivity. Use clear, concise communication skills in conjunction with organizational skills to perform daily duties. • Effective management, technical, and supervisory skills. • Developed and implemented improved policies and procedures, resulting in improved efficiency and productivity. • Recognized for long hours, commitment to customers, attention to detail, professionalism, and follow-up. • Use clear, concise communication skills in conjunction with organizational skills to perform daily duties.

Cons

Your own office and Assistant. The culture is a one size fits all. There is little room to develop your business based on location, culture market conditions or

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