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
Feb 9, 2016
Recommend
CEO approval
Business Outlook

Pros

Training is pretty good for someone who hasn't been in sales. People are willing to help you.

Cons

Very hard to start. Humiliating door to door sales, closing rate is terrible. Hard to find valid prospects. No leads come in at all, and some people get big asset assistance while otherS struggle to pay their bills. Overall this experience cost me about $25k of my own money to supplement my income. Training is good but doesn't go much beyond sales skills. Didn't feel versed in investments enough to be confident in making recommendations.

3.0
Jan 16, 2016
Recommend
CEO approval
Business Outlook

Pros

Edward Jones is a terrific training ground to become a financial advisor. They will provide everything you need to obtain your series 7, & Series 66 & State Life & Health. They will train you about products and how to sell. They will provide you an opportunity to live locally & have your own office & BOA. If you are either a college student or changing careers this is the place to ONLY start. If you start during mid-late 40s - leave after five yrs unless you get assets. They have top notch advisor phone support.

Cons

Edward Jones is a Financial advisor puppy mill, they only want to create clones who do not think for themselves. They speak of client-suitability, but EDJ does not care about your experience, knowledge, or Financial advisor suitable training. They will NOT be-upfront about the number of advisors that never make it or leave. Out of my class of 14 individuals who started 5yrs, ago There are now 2 left who were given assets. I left at Year 5yr on my second best monthly production, because I WOULD NOT let Edward Jones in a few more years give me the invitation to leave. I saw a number of advisors who built offices over 6-7yrs and production went down and they were told goodbye. Never build an office from scratch, you will rarely get any goodnight or additional assets. They are willing to take a college student from the field as a Financial Advisor who has failed in a Branch (bring to St. Louis), or directly from college and then give them a 25M+ asset book. after 9 months. The will never be offered to a carrer-changer over 25yr old. They speak of balance between work-home, only they speak of it, but they ONLY want WORK. You can end-up burning through savings if you have responsibilities, like a family.

5.0
Dec 21, 2015
Recommend
CEO approval
Business Outlook

Pros

Flexible work days because you decide if/when you want to work. Reasonable Pay (between $11-13.40). 100 working hours required every year. One-on-one interaction with clients. Professional atmosphere. Your own desk and large front office space. Regularly on Fortunes 100 Best Companies to Work For. Challenging, but manageable, tasks to work on and complete. Great job for a college student or someone who wants to work on the side.

Cons

There is no guarantee you'll work X amount of hours every week. There are 70 hours of online training modules you must complete before you officially begin working at a branch. You must get to work on your own dime. i.e.: if someone needs you to fill in across town and you want to work for them, you are usually required to use your own gas money to get there. There is no driving compensation. Not a lot of room for growth unless you apply somewhere else in the company. No benefits.

Viewing 241 - 243 of 5,325 Reviews

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