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
1.0
Aug 12, 2019
Recommend
CEO approval
Business Outlook

Pros

Benefits, Pay, overall compensation, limited partnership, development opportunities

Cons

senior leadership, training, antiquated systems, and "culture" I am hoping this review helps someone because when I tried to find something like this review, there wasn't. I worked in the finance division and like most companies, depending on the team and area you are in determines your experience. Personally, I didn't have a great experience in the finance division. There was a lot of politics of life long Jones associates which created a culture of distrust, no transparency, and competitiveness. Hopefully, this helps someone if they are considering an accounting position.

5.0
Jul 10, 2019
Recommend
CEO approval
Business Outlook

Pros

2-person offices allow you to get to know your Branch Team. We care deeply about the client experience and building life time friends/relationships with our clients. This atmosphere fosters close family-type empathy and caring. Desire is to have clients you'd love to take on vacation with you and it happens. I've made friends for life in my 25+ years here. Every day is a learning experience with no two days the same. Industry is changing constantly which gives room for growing as an individual as well as with your Branch team. For Financial Advisors, you can work your own schedule and make things happen around the balance of family and business and career. Regional activities open doors to serve in the community while supporting each other in all areas of business. Edward Jones attracts the best people in the industry, the cream of the crop. It is a place to learn and grow for anyone who seeks to work hard and make a difference on a daily basis in other's lives.

Cons

Because we are mostly 2-person offices, you see both the good and the bad days of individuals. You must learn to give space when needed to your Branch team while respecting their needs as well as your own.

2.0
Dec 5, 2018
Recommend
CEO approval
Business Outlook

Pros

There are many good people at Edward Jones and they will help you. The training is excellent. The culture is usually very positive.

Cons

-The door-to-door sales will positively crush your soul. Door knocking can work but it really, really sucks. Make no mistake, this is an EXHAUSTING sales job. For the first three years or so you will work like a vacuum cleaner salesman, going door-to-door, pitching people in elevators, Christmas parties, when your kids are being born, when the Dentist is drilling your tooth...you name it, you will have to pitch people at every opportunity if you are going to succeed. -The firm is ultra-gynocentric and very PC, you must tow the PC line at all times or they WILL fire you, but I guess most of corporate America is this way now. -The Department of Labor (DOL) really fried the brains of home office. Jones spent over $100M in compliance for something that never happened and our competition KNEW it wasn't going to happen. This obsession with DOL cost the firm a lot of good people, created a massive amount of CYA from the home office (which never existed in the past), which rolled onto the branches. The new trainees from KYC come to the field with bizarre ideas of how to sell, all driven by home office CYA. Of course, the home office expects the field to tell the new FA's how to really do their job, but this flies in the face of the madness being taught at home office. Again, this is all new to Jones. -Lastly, if you have a bad or marginal BOA, you are doomed. There are some offices that manage to do reasonable well with a substandard BOA, but I can't imagine what the FA has to go through. -I left Jones due to their complete inability to find and retain quality administrative help (BOA's). I was tired of having to do everything myself. If you complain to HR, your BOA will simply start to document your every move, which will probably get you fired first, even if you are trying to do everything by the book. The new Jones rules are crushing. -The healthcare plan is very high-deductible, so it is nothing special. -The "profit-sharing" is pretty meager and is only what the GP's choose to throw your way if you are below level 5. Everything in the firm is geared toward level 5+. Below level 5 you are just cannon fodder.

Viewing 133 - 135 of 5,326 Reviews

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