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      Edward Jones

      Engaged Employer

      Edward Jones reviews

      3.4

      54% would recommend to a friend

      (5,326 total reviews)
      avatar

      Penny Pennington

      58% approve of CEO

      54% positive business outlook

      Ratings by demographic groups

      Edward Jones has an employee rating of 3.4 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
      Jun 20, 2022

      Don’t believe the lies

      Financial advisor
      Recommend
      CEO approval
      Business Outlook

      Pros

      Unlimited compensation potential, EDJ pays you to study for SIE, S7, S66 full time. The company has been around for 100 years and did not need to be bailed out or bought out during major financial crashes.

      Cons

      -Doorknocking, cold calling, cold messaging on LinkedIn, and prospecting family/friends are main ways you’re encouraged to build your book of business. -You will pay out of pocket for any networking/leads groups they encourage you to join to build your book. -Opportunities (Retirement Transition Plans, Goodknignts, Taking over an office) are overwhelmingly given to people related to FAs (spouses, children). No, this is not illegal, but if you are a new FA with no relatives at Edward Jones you will not be given these opportunities then you will be compared to those who were given these opportunities. -On the website it says you will be given an office and a BOA. You will NOT be given these until you “prove yourself” to your region. You will be doing all admin work for years out of a crappy back office. -Products are not good compared to other financial firms. -Cult like vacations, meals, outings where you “Toast to Ted” before drinking/eating. Ted Jones is treated like a God. -Depression, anxiety, and suicide ideation is real for newer advisors (less than 5 years in) and EDJ does not care. -I could go on, but if you want to know the truth before you take this job go to the 1 star ratings for Financial Advisor on Glassdoor and read those…all the information is true.

      4.0
      Jan 19, 2022

      Can be a great place to work-very region dependent

      Financial advisor
      Recommend
      CEO approval
      Business Outlook

      Pros

      Flexibility with scheduling Income potential Outstanding trips Client Relationships Name Recognition

      Cons

      Nepotism Old Boys Club Edward Jones is at a bit of a crossroads right now, with a management team that is trying to move them into the future, with diversity and inclusion, and a workforce that is fighting tooth and nail every step of the way. As an advisor, you will work incredibly hard and be poorly compensated for it the first 3-5 years. Then it will level out to where work and pay are fairly equal, and at some point you'll move into the stage where you are overcompensated for your work. My biggest complaint about EJ though is their disingenuous "folksy" image. They will put out press releases with statements saying that the Regional Leader is a volunteer role, when in reality, Regional leaders get partnership that can easily equal $100K-250K in additional income for life. That is not "volunteering" by an stretch. Edward Jones is a great place to launch your career, but then going independent is the smartest move. Don't build a book for someone else, build it for yourself. Look at firms like Raymond James, Commonwealth, and LPL among others.

      3.0
      Jun 17, 2021

      Eh.

      Boa branch office administrator
      Recommend
      CEO approval
      Business Outlook

      Pros

      Set work schedule, adequate training, decent support from home office, and decent benefits. Trimester bonuses can be good if you work in an upper-level office and the advisor is willing to share.

      Cons

      You are only working with one other person in the office (the financial advisor). You have to get along well with them, because again, it's only you two there. Most of the time, there is very little work to do. I spend most of my days playing games on my phone honestly. This gets old pretty quick. Might be a good job for someone about to retire.

      Viewing 154 - 156 of 5,326 Reviews
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      ReviewsEdward Jones reviews

      Glassdoor has 5,718 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.