Edward Jones reviews

3.4

54% would recommend to a friend

(1,218 total reviews)
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Penny Pennington

58% approve of CEO

54% positive business outlook

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1K reviews

Reviews about "Compensation"

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2.0
May 3, 2024

Not What It Used to Be

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

-Many Leaders actually do care about you -Many Branch Teams are Kind and Easy to Work With -Underscore development and key skills

Cons

Where to begin. They have changed the culture. Everything is about optimizing this and optimizing that but they never want to invest the resources to see it through well. IE they say they want to see results but don’t actually put in the pay and time. Everything is a priority. -Pay regardless of location is the same (ie Tempe and STL the wages are the same) even though cost of living is not -401K they do profit sharing but there is only a match up to $500 -Some GPs only care about their partnership gains (IE maximize profit now even if it hurts strategy and firm later) -Some FAs are entitled even if you try and help

4.0
May 2, 2024
Recommend
CEO approval
Business Outlook

Pros

High level of support and a smooth onboarding process from Home Office associates. The BOA position can offer considerable independence and autonomy. Jones promotes & encourages the development of meaningful relationships with both clients and colleagues. Many opportunities for continued training are offered. The firm is also very supportive of BOAs transitioning to licensed Financial Advisors.

Cons

Leadership levels vary greatly from branch to branch, with a lack of genuine oversight over direct managers' conduct in branch offices. While branch growth influences bonus opportunities, it ultimately hinges on the Financial Advisors' efforts, potentially resulting in career stagnation for Branch Office Administrators (BOAs). Long periods of working alone in an office can be challenging for some people.

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