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
Nov 16, 2017

Financial Advisor

Recommend
CEO approval
Business Outlook

Pros

Great Training for Licensing Home office culture is great "Semi" Autonomous

Cons

I truly believe EJ is a great place to work, as long as you pick the right region. Unfortunately, you won't figure that out until later. Door Knocking is the answer to every problem, however they know it doesn't work well in bigger cities (home office has stated this to me directly) and they don't help coach on alternate methods. I didn't come into this expecting any assets to be given to me, however when you see assets being given out more based on popularity rather than effort or experience it can be demoralizing. It's not a level playing field. When things are going well, no one acknowledges it, however if you are having a bad month you are talked down to and belittled. Training within the region is poor. Other FAs "volunteer" to train you (it helps them get points for partnership in the future) but most have no real desire to do it. They have no formal training on how to train others and most, definitely should not be training others. The only true way to succeed is to be given assets or to have an affluent personal network of friends and family that will bring their money to you. Benefits aren't very good. Medical is VERY expensive for a mediocre plan. Employees should have free accounts. We are charged annual fees for our own IRAs where other firms waive fees for employee relationships.

1.0
Aug 26, 2017
Recommend
CEO approval
Business Outlook

Pros

Decent initial structure, they force you to overcome fear of door knocking and cold calling.

Cons

I'd leave but they will sue me if I do (unless I don't take my clients with me.) You must buy the partnership (disguised Preferred share). If you buy Dividend growing stocks you can avoid filing a us tax return and will eventually outpace the initial attractive income of LP. 2) An award trip is a taxable benefit. You'll get hit with a significant tax bill on you're next pay cheque. You're taking vacation with all your coworkers and force fed the green Koolaid. 3) no support on advanced financial planning topics. When engaging the Advanced Financial Planning Team (for High Networth Clients only) they will not publish a planning memo that is approved to show to the client. So what's the point?

2.0
Jul 7, 2017

Financial Advisor

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Licensing Training Program Work Life balance

Cons

Door Knocking Trainers after studying Lack of clear expectations

Viewing 229 - 231 of 5,325 Reviews

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