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 1, 2016

Most will not succeed

Recommend
CEO approval
Business Outlook

Pros

Edward Jones gives you the autonomy to "run your business" how you like, as long as you meet the bottom line. This means flexible hours, not having a boss hovering over your shoulder, etc... As an advisor, your earnings potential is unlimited, and can be very rewarding after sticking with the company for 5+ years. The sales training is excellent and they give you the tools you need to succeed. The people in your region genuinely want you to succeed,

Cons

Unless you have an extensive personal network of wealthy individuals, you will be knocking on doors to meet people in your area to drum up business. Unless you are an unbelievably good salesperson, you will likely struggle to get by and the job becomes extremely mentally tough and stressful. Also, unless you are given a book of business soon after starting (most aren't), you will need to build a book of business completely from scratch. For this reason, the success rate here is probably 20-30%, and that includes those lucky enough to inherit assets. Furthermore, the company does not offer a 401k match to financial advisors, instead offering partnership bonuses to those who reach profitability (typically 3-6 years in). The medical benefits are also expensive and inferior to those of many other large companies.

2.0
Aug 14, 2016
Recommend
CEO approval
Business Outlook

Pros

Benefits are about average. Home office back-up and assistance is great. Except for the Financial Advisor, the position is unsupervised.

Cons

The position has evolved from a clerk and data entry position to one in which the BOA is now responsible for ensuring regulatory compliance in many areas. The salary is not consistent with the responsibilities. BOAs are treated as the lowest rung on the ladder and paid accordingly. The financial advisors are financially trained sales people. They have no managerial skills and do not know how to work with BOAs. Stop wasting time with personality tests. The problem is not what personality types work well together, the problem is that FAs harass, demean and insult BOAs to the point of illegal verbal harassment.

1.0
Aug 12, 2016
Recommend
CEO approval
Business Outlook

Pros

Working with clients, new tasks and assignments relieve any boredom

Cons

Financial advisor has sole discretion over branch office administrators employment. Because FAs cost so much to train the company caters to FA. There is no appeals process or regards for either employees time of service. after that you are never able to work for the company in any capacity. My manager left company 2 weeks after he fired me.

Viewing 85 - 87 of 5,319 Reviews

Glassdoor has 5,711 Edward Jones reviews submitted anonymously by Edward Jones employees. Read employee reviews and ratings on Glassdoor to decide if Edward Jones is right for you.