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      Edward Jones

      Engaged Employer

      Edward Jones reviews

      3.5

      55% would recommend to a friend

      (5,326 total reviews)
      avatar

      Penny Pennington

      59% approve of CEO

      55% positive business outlook

      Ratings by demographic groups

      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
      Oct 26, 2016

      Financial Advisor

      Financial advisor
      Recommend
      CEO approval
      Business Outlook

      Pros

      Good initial training, but only if you plan on staying with Jones your entire career. They only train you on the limited selections of investments they offer.

      Cons

      Horrible support for new advisors from others in your own region. They only want you to succeed to the point where you bring in a few decent accounts that they can take over once you leave. The back stabbing among advisors is the worst I have ever seen. When you do leave, you quickly find out that your training is very basic. The wholesalers who see their advisors are exclusive to Jones because they don't want their advisors to know what is available to others in the industry that actually do own and run their own businesses instead of being an underpayed Kool Ade drinking employee they sucker into paying all of their overhead out of their commissions. All for a book of business you do not own, and will never be allowed to sell when you retire. Jones advisors are made fun of by all others in the industry, but their arrogance makes them believe it is jealousy. I don't know why anyone would be jealous of a 25-40% payout plus paying expenses on an office and book of business that you have no ownership in. Yeah, I'll take 90% and owning my own business, and being able to offer more advanced investments and alternatives to MY clients and the book I own any day of the week.

      5.0
      Aug 7, 2016

      BOA - Best Job Ever!

      Boa branch office administrator
      Recommend
      CEO approval
      Business Outlook

      Pros

      What I love most about my job is that it is a low stress job. One Financial advisor and one BOA (Branch Office Administrator ) for most offices. The highest levels may have an extra BOA or two. You work as a team, getting to know your clients and serving their individual financial needs. The pay and benefits are good and I love the feeling of helping people meet financial goals. My finanial advisor and I work well together and have mutual respect for one another. There is a lot to learn, but there are home office direct lines that walk you through every process and answer every question that arises, not just during training, but for all employees, anytime. You are also assigned a Mentor the first year of training. The support among the staff is unprecedented in my 30 year work history. There are also quarterly bonuses. I left my last job that I loved after 15 years of employment due to relocating. I was sure I'd never find a job I lived as much as that one. I was wrong. I worked for a year at a bank corporate office and kept looking until I was hired at Edward Jones. It is my favorite job ever! I highly recommend them and the BOA position to anyone. My children are grown now and I won't be utilizing it, but they just added a 4 month PAID new baby package for the main caregiver to our benefits. 4 Months! They are good to their employees. I won't leave Edward Jones until I retire if I can help it!

      Cons

      Really can't think of any cons.

      2.0
      Jul 22, 2016

      Financial Advisor

      Financial advisor
      Recommend
      CEO approval
      Business Outlook

      Pros

      The training program is very supportive to help pass Series 7 & 66. There is a possibility of work life balance after 5/6 years, but family suffers prior to that.

      Cons

      After that, there's an island and if you're not around someone that takes you under their wing, you'll be forgotten and no one will help until it's too late. Most of the training after passing exams is called just in time when actually it's too late. It is all volunteerism so expectations of support are just a verbal expression not reality. There are safety issues going door to door. With technology EDJ needs to embrace a safer way to grow business. They preach growth of a diverse group of FAs but if you're a woman or black there is nothing in place to increase retention. The turnover for both women or minorities is huge. They have a diversity group that offers nothing to women or minorities just a falsehood of support through existence only. Pay could be better too. The compensation is okay compared to other firms.

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