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
1.0
Mar 8, 2019
Recommend
CEO approval
Business Outlook

Pros

Just making sure you read all the information give to you. The pros are they have a great training and way to look at the business. The issue they have higher fees than many and they have low client interest. Not many want to become clients compared to the other investment advisor companies out there.

Cons

The amount you agree to reimburse Edward Jones is $75,000.00. There shall be no reduction in the amount of training costs owed by you in the event your employment is terminated during the first year of service as a financial advisor of Edward Jones. If, within three (3) years after receipt of your can sell date, your employment with Edward Jones is terminated by you or by Edward Jones, you maintain registration of your license with FINRA and accept employment with any entity as either an employee or independent contractor engaged in the sale of securities and/or insurance business, you agree to reimburse Edward Jones

2.0
Sep 28, 2018

Financial Advisor

Recommend
CEO approval
Business Outlook

Pros

It was one of the best training programs in the United States to get into the industry of financial advising, or at least it used to be. I don't know how much it's changed. I've been gone a while.

Cons

Nepotistic, chauvinist, good old boys club. Don't expect to be treated fairly as a new employee unless you are related to a long-time advisor, or if you are a good-looking, 25-35 year-old white male, preferably with connections to a fraternity or local family wealth. It's still possible to be successful, but not very likely. Be prepared to lose your marriage, your life, and your sanity to get there. You will have 60+ hour work weeks for at least 5 years. If they tell you 2-3 years, don't believe them. I was there for more than 10 years. I never saw someone feel "they made it" until probably 7 years in, but by then the damage will be done to your personal life and your family unless you are married to a saint.

1.0
Dec 21, 2017

Financial "Advisor"

Recommend
CEO approval
Business Outlook

Pros

They pay for series 7 and 66

Cons

Where do I start. This is by far the worst experience of my life. You go through a 2 month process, and they preach that this is the greatest job in the world. I had zero support as far as training. Your job is not a FA. Your job is to walk through neighborhoods and annoy people all day long. Most people are not home because they are working. So after you work 50 to 60 hours Monday through Friday, you are then expected to spend all day on Saturday door knocking. I probably knocked on 3000 doors and got 1 client. They want you to recruit all of your family and friends. Yeah, I am going to give my life savings to someone who has been in the business for a month and take it away from my current financial advisor who has been in the business for 30 years. Stay away from this job for your own sanity. I never post on job boards, but I am just trying to help others from making an awful decision. If you are lucky enough to get 20 million in assets given to you, then by all means take the job. Otherwise, stay far far way from Edward Jones.

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