Edward Jones reviews

3.5

55% would recommend to a friend

(5,326 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 5,326 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
May 9, 2023
Recommend
CEO approval
Business Outlook

Pros

Flexibility in your work day to take care of personal commitments when needed, leave at 5 most days and not be on call, no or little travel required. The people in the product teams are easy to work with and get along with, in general the workers in the work are kind and down to earth.

Cons

The firm is undergoing significant transformation in their ways of working, by undertaking agile ways of working, a new business model, lots of new leadership, expectations of a lot of new technology at once on existing infrastructure and expecting it to run smoothly while bringing in contractors and consultants to run these efforts that do not understand the systems or culture, which creates insanity in the systems and instability in the infrastructure. The lack of leadership and decision making causes an uncomfortable environment to function in on a daily basis. There is unnecessary swirl and chaos on a daily basis causing significant delay toward progression and positive outcomes in delivery. A lack of accountability at the highest levels to push decisions to the leaders in the work causes more confusion, frustration and chaos in progression toward positive outcomes and deliverables. They want to work in a matrix environment but it functions in a siloed nature and a lot of back-door conversations and deals are made to disrupt and stop progression toward positive change. It's insanity at it's finest. Leaders at the highest level are focused on gaining power and stepping on anyone and everyone along the way to get it regardless of the consequences. There are too many leaders and not enough workers, the workers are under appreciated and significantly over worked. To fix it, they hire more contractors off-shore who break the code and cause the full-time staff to work double their normal schedules to fix the breaks, resulting in burn-out and then attrition rates to increase. The project professionals are treated like admin assistants and demeaned on regular basis, when you ask for support from the leadership teams, your ignored and given lip-service that you "should continue to bring your authentic self and that you bring value to the organization with the work you're contributing even if you don't feel it." No one in the firm understands what program or project leaders can offer or contribute to the work and therefore the expectation is to schedule meetings, take notes and administrative in function. When you try to contribute from a strategic nature or process improvement lens you're quickly shut down and told you're working outside of your lane and expertise. Leaders at the higher levels do not receive feedback to improve and improve for the future, they reprimand and react negatively. In general above a team leader or director position, leaders do not want to hear or act on any feedback to make change for improvement and the reaction is generally negative.

2.0
Dec 2, 2021

Cut throat

Recommend
CEO approval
Business Outlook

Pros

Freedom to make your own schedule. Founding principles of Ted Jones to treat and look after those who built the firm (the employees vs non-employee family members). Systems and procedures to set your career path for success.

Cons

Employed with the firm for 9+ years. At the height of the pandemic, pre-vaccines, we were mandated to close in-office operations. My numbers dropped and I missed expectations by 0.16 of 1%. A fraction, of one percent. I appealed to their human side, as my wife was 7mo pregnant, unemployed as an event manager with Hilton, and I was a lifetime employee with the firm. Started at 25 and thought I’d retire there. Showed proof of business that would close the following month, well above the nominal shortfall, and instead of granting me an exception given the circumstances, they terminated my employment. Shocked and disappointed to say the least.

2.0
Mar 27, 2020
Recommend
CEO approval
Business Outlook

Pros

Some branch offices offer a lot of flexibility, but the job really depends on who you work with. You are working with one person and only one person 40 hours a week. If you get along and have a great relationship, it can be a great job. If you don't... If you can stick around, you can be a limited partner. At least 5 years employed. There can be some good income from that. otherwise, your salary will be low and compared to low banking type jobs.

Cons

There is no advancement for Branch office administrators. You can be a "senior" Branch office administrator after 3-5 years, but that's only a raise. You will be doing the same job from the day you start to the day you quit. There is no love or respect for BOA's from the home office or the financial advisors. Many FA's treat you like their personal secretary, no one is really sure what the BOA's role is. Make sure you really like the person you interview with before you accept the role. Changing locations is not easy, and there is a stigma that follows you even if it is the FA who is an unreasonable jerk. Recruiting - They want everyone to recruit new FA's. This will be a fire hose type situation and they expect you to be recruiting 24/7 even though you are paid hourly and BOA's do not receive any type of bonus for referring candidates.

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