Edward Jones reviews

3.4

53% would recommend to a friend

(5,333 total reviews)
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Penny Pennington

57% approve of CEO

53% positive business outlook

Edward Jones has an employee rating of 3.4 out of 5 stars, based on 5,333 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
Nov 20, 2022
Recommend
CEO approval
Business Outlook

Pros

Some flexibility because my financial advisor allows it.

Cons

Home office only cares about on going growth and training for Financial Advisors. They bring in the assets. They do not realize BOA's help keep the assets at the branch. We work for probably 10 - 15 k less than industry average. No extra money for licenses and FA has to give you permission to get license. This is new carrot Penny Pennington has dangled in front of BOA's. Studying must be done on work time along with doing our other duties. Off work study time not allowed and not paid for. Hard to do when FA's is gone most of the time and we are holding down fort. Major discontent amongst BOA community. No future in position. Offering market raise in January to hopefully bring us up to market average but FA makes decision on how much BOA gets, should be same amount across board, this is not based on performance. It is a market raise. Many FA's will opt out or give lowest so it won't hurt their profit statement. HR will always side with FA due to them bring in assets. Pass on this company until they get with the times.

3.0
Nov 5, 2022
Recommend
CEO approval
Business Outlook

Pros

Great co-workers in the region.

Cons

New BOA's starting pay is almost as much as seasoned BOA's. Not compensated nearly enough based on the amount of work and responsibility expected. FA's control BOA's pay and bonus amounts so you are at the mercy of what mood your FA is in when rewarding raises and bonuses. The FA's are making tons of commission and bonuses plus earning reward trips while their BOA's are getting nothing or very little of the rewards while doing a significant amount of the day to day work. The health insurance premiums and deductibles are the worse I've seen for a large company. Individual deductible almost $5k and family is almost $10k but premiums are still crazy expensive. 401k match is maxed out at $500/yr for a company the promotes retirement planning--how embarrassing!! Current CEO is a very outspoken liberal.

1.0
Jun 23, 2022
Recommend
CEO approval
Business Outlook

Pros

-Slightly flexible schedule -Lack of supervision

Cons

-FAs are not held accountable for their action -FAs have unlimited vacation and will abuse it -You will constantly texted about work on the weekends -You will be expected to lie Do not work this company if you want good pay or respect. Your financial advisor will walk in screaming every day, will be out of the office 4 months out of the year and will completely disrespect and disregard you. I was promised a promotion with a raise. It took two months for me to get the promotion . They called to offer me the promotion with my raise and called back 30 minutes later and told me raise would only be half of what they said. HR is non existent, there is absolutely no protection from your financial advisors abuse. You will be asked to lie by your FA and cover up their mistakes. Nepotism is also a very common thing and you will be blamed for your FAs families mistake.

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