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
2.0
Dec 20, 2016
Recommend
CEO approval
Business Outlook

Pros

Company is very strong investing in the training of new advisors. Fund companies, life companies, and annuity vendors service you quite well. Trying very hard to build up women advisors. Health benefits fair. Working at Home office is very positive.

Cons

Start out for months going door to door! Leadership determines who will succeed and fail. Large assets are given discriminately. Promises are not kept. 20% commission first couple of years 30% commission your 3rd year. So if you are not the chosen one to receive a large asset base you are in trouble. I was exceeding expectations throughout only to see $20,000,000 handed to new college graduates barely meeting expectations.

1.0
Aug 10, 2016
Recommend
CEO approval
Business Outlook

Pros

Paid training during the series 7 Occasional paid trips Certain level of control over your hours and breakdown of your day

Cons

The numbers they sell you upfront are fantasy. EXTREME nepotism. Sons and nieces of partners will be given many millions in assets, which is the ONLY way to make this work. Performance standards for anyone without connections and free clients are completely unrealistic. You will be used to generate leads for other brokers. The pay is terrible. 40% of commissions is very low compared to other firms. The PRODUCTS are awful. High commissions on trades is a complete conflict of interest. try a fee based model. You are pushed to sell the most expensive products.

1.0
Jul 19, 2016

BOA

Recommend
CEO approval
Business Outlook

Pros

NONE.. ZERO. NADA.

Cons

Don't waste your time interviewing because you'll be stuck in the '70s, if hired. The pay is so far below market rate as to be insulting. And don't expect any kind of raise at annual review time. Their idea of a raise is $0.34 an hour. That's not a typo. That was my raise after being at the company two years. And any kind of bonus will depend on how greedy your FA is. He/She determines how much you will receive. The BOAs are expected to do all the dirt work, and forget about how late you have to stay to complete it. This is particularly true if you happen to have the bad luck to work for an FA who waits until 3:00pm to start pushing out projects. As I emphasized up front, DON'T waste your time as a BOA with Jones. It's a dead-end job.

Viewing 70 - 72 of 5,319 Reviews

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