Edward Jones reviews

3.5

55% would recommend to a friend

(5,324 total reviews)
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Penny Pennington

59% approve of CEO

55% positive business outlook

Edward Jones has an employee rating of 3.5 out of 5 stars, based on 5,324 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
Nov 1, 2018

Too many cooks...

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Edward Jones will pay you to get licensed.

Cons

Very sketchy hiring process with regards to how compensation is calculated. Example, now I'm having to re-earn a deferred bonus. Deferred, as in already earned but not paid. Lots of promises regarding how helpful your fellow advisors will be when the reality is they simply don't have the time required to offer the help. Too Many Cooks! Edward Jones has a goal of 15,000+ advisors nationwide by 2020 and they're going to get there. They'll get there by hiring and placing advisors pretty much anywhere with no regard for the other advisors in that area trying to build their business. For example, I live in a small town that already had 4 Edward Jones advisors and I was told that there wasn't room anymore, however, six months after I was hired the firm placed two more advisors in the town, and then added two more six months after that. That's eight advisors in a town that could barely support 4. Finally, they won't tell you this so I will. Don't take the job unless you have a substantial savings account you can use to offset your income during the first 5 years. I'm now broke and living paycheck to paycheck.

1.0
Feb 21, 2018

Financial Advisor

Recommend
CEO approval
Business Outlook

Pros

Winning nearly $90,000 in my FINRA Arbitration. It probably cost EJ nearly $500,000 in an attempt to ruin my career. In the end; I won, EJ had to expunge what was put on U4/U5, and pay nearly $70,000 in attorney's fee. They flew several people from St. Louis to testify against me, in addition to, hiring "big shot attorney's from San Francisco.

Cons

The most unethical company I have ever worked for, being wrongfully terminated, and having my book of business giving to an advisor with less than a year experience in the business and a bankruptcy in his past (Great qualifications for a Financial Advisor).

4.0
Dec 29, 2017

BOA

Recommend
CEO approval
Business Outlook

Pros

Learning / teaching system was awesome. They have mentors to help the new BOA's with the questions that come up. The whole process was great. Keep you up to date with all regulations and job changes were communicated in a timely manner.

Cons

Salary was not in line with all the responsibilities put on the shoulders of the BOA. Home office always sided with the FA when in conflict with a BOA. Should have a unbias person mediate. Understandable that they would side with the FA as they bring in the money. But believe me most clients rely on the BOA's more so than the FA's.

Viewing 97 - 99 of 5,324 Reviews

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