Edward Jones reviews

3.5

55% would recommend to a friend

(5,317 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 5,317 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
Dec 13, 2008
Recommend
CEO approval
Business Outlook

Pros

Edward Jones allows you to, within limits, be your own boss. The investment business when it is good can be fun. Jones has a simple model that works most of the time. The job is the best thing since sliced bread if you can last ten years.

Cons

The pressure can be ridiculous at times. Be careful where you place your office because you will be held strictly accountable for your sales numbers. Nepotism is a problem at all brokerage houses and Edward Jones is no exception. It's a real morale killer to work hard for two or three years and then get passed up by some guys who just took over an office of someone retiring. There is a certain political correctness that exists at the firm. The firm acts like everyone starts from scratch when many advisors walk into good situations. Try to negotiate a good deal going in. They make it sound like you have real good odds building from scratch but you don't. The job actually gets harder in years three and four. The expectations are easy to hit in the first couple of years. Try to have communication with the regional leaders so you have a chance at opportunities (assets) as they become available.

5.0
Nov 26, 2008
Recommend
CEO approval
Business Outlook

Pros

Being part of a privately held multi-international franchise business that doesn't require a large sum of money to obtain. You are independent and represent the ONLY profit center for the partnership (no internal competition). Running a legal, honest, moral, and ethical business that promotes the client's interest first in all cases, is promoted and expected by management with dire consequences for violation. The Financial Advisor is held responsible and accountable. Performance is rewarded for profitability and service excellence thru the benefits package, profit sharing plan, 401K plan, travel incentives, bonuses, and being invited to become a partner/owner of the firm.

Cons

The autonomy of each Financial Advisor can leave you isolated from the face-to-face sharing of ideas and support with other Financial Advisors unless you reach out and seek for that type of support. Tax structure/deduction for business expenses as an employee are not as good as they could be as an independent advisor.

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