Edward Jones reviews

If you do not have 120+ personal contacts that will become clients , your SOL & they grt rid of you They may prevent you from getting another job in the industry by asking for a massive Training reimbursement. This may change as It’s actually illegal in some states. But it is in the contract. This is a big deal as the pay at most Advisory Companies is poverty. Not even sure how they could collect this money back because the pay initially is very bad They may, and in my case challenge your unemployment, if you choose to apply. This is pretty petty, I have an appeal that is ongoing. They are such a conservative company that they don’t advertise. You are your own advertising machine. No leads. And while they say, they’ll give you some starter accounts, i did not get any, You only get paid in the first five years based on new assets. This could be a lucrative business to be in, but it takes a lot of time

Pay is stagnant after you join, lack of career advancement opportunities, and you have to pay for continuing education out of pocket. I feel there are mixed messages about the firms purpose and what it wants to be when it grows up. The product shelf is limited and the firm currently charges clients 140bps for services that Schwab and Fidelity offer for free - how viable is this long term?