Edward Jones reviews

3.4

54% would recommend to a friend

(5,325 total reviews)
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Penny Pennington

58% approve of CEO

54% positive business outlook

Edward Jones has an employee rating of 3.4 out of 5 stars, based on 5,325 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
Mar 12, 2014

Financial Advisor

Recommend
CEO approval
Business Outlook

Pros

Most ethical advisor firm by far, truly look out for their clients Great training especially if you have limited to no financial knowledge Good Support and help for new advisors

Cons

Sales Sales Sales... minimal financial knowledge truly needed Door knocking and cold calling, in all weather Very high turnover/burnout rate

1.0
Oct 11, 2013
Recommend
CEO approval
Business Outlook

Pros

The training on selling techniques is ok, people are friendly, the trips were first class. They put up a new sign outside and only charged my office $4,000.

Cons

The image they create that you are working for yourself is completely wrong, there is no question they control everything you do. The payouts are very low, they only pay once each month. The general partners call the shots and get all the money. Product offerings are very thin. They want you to sell A Share everything so the clients lose a chunk of funds to commission up front. They are now trying to jam everyone into managed accounts....which are more costly over time with no guarantee of better performance. Field supervision is repressive, questioning everything you do and forcing you to waste time explaining what you did even if it was suitable. The regional people forget your phone number when you need them most. They expect you to recruit and undertake regional tasks without remuneration.

2.0
Apr 25, 2013
Recommend
CEO approval
Business Outlook

Pros

-Provide you with all of the financial tools you need for analysis -Veteran FA's will go out of their way to try and help new ones -provide industry standard training for exams (no better or worse then most others) -better base salary then Indy firms, but minimum wage for first 2-3 months -Good Culture (client's interest) -Some nice people

Cons

-Bad Culture (if you struggle , the company claims you are not a "hardworker" and doesn't offer much help to find a solution) -Absolutely ZERO work/life balance first 3 years (you will work from 8 a.m to 9 p.m weekdays, and 6 hours Saturday -One Size fits all approach, no innovation with sales/prospecting techniques -Software/ technology is a complete joke (the system has fantastic content, however it takes me 2 hours to get into the system most days and terrible usability) -Big Brother Feel -- you will receive calls from a faceless name in STL every other day -If you are "New/New" you will work from home for 1 year -Stiff contract (you can quit anytime, but be ready to pay them back for training) -Door-knocking can work, but it isn't very enjoyable (Unless you are the perfect jones fit) -Benefits worse then rest of the industry My Advice - If your not the type of person who talks to everyone they come across in any situation, then do not take this job. You are expected to basically befriend thousands of people in hopes that some of them will like you enough to give you some of their nest egg. To me, this was just incredibly draining and monotonous. You have to truly know that you want this job, be able to accept having no life for 3 years, and be extremely self-disciplined. I am a very hardworking person, but I need some structure in my work life, therefore it wasn't the best place for me. I thought It sounded like a good opportunity with alot of freedom. In truth you have too much freedom in your daily activities, but absolutely 0 freedom in long-term orientation, goals, and expectations.

Viewing 202 - 204 of 5,325 Reviews

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