Edward Jones reviews

3.4

54% would recommend to a friend

(5,325 total reviews)
avatar

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
1.0
Feb 12, 2017
Recommend
CEO approval
Business Outlook

Pros

A lot of autonomy

Cons

Some get handed an office and assets, others start from scratch with little support. Field trainers look at you as competition. 2 year base salary gets cut after 8 months. Simply not a level playing field and I was personally lied to on several occasions. If you start and take over an office with 20 million or more in assets you'll be fine, but if your a poor sole starting out new new then you will have a rough time and made to feel like you need to work harder while others get 5 million without standards changing. They hire as many people as possible right on top of you selling the same area to different folks. After starting you learn about pressure to recruit. The whole system is based on the veterans getting accounts from the new guys. The training is on door knocking and folks don't like people just showing up on their doorsteps. I was within standard until I decided to quit but the standards are raised each month. Horrible experience being new new and treated like cannon fodder. The 100 best places to work, well that's the old vets talking that are making a living on the backs of new guys. Think long and hard and ask a lot of questions before accepting a position.

3.0
Nov 21, 2016
Recommend
CEO approval
Business Outlook

Pros

Lots of schedule flexibility and low stress levels if you work for a nice FA.

Cons

Absolutely no advancement potential and raises are very small. Not great for a single income household. I have to work a couple of other jobs to make ends meet.

3.0
Oct 5, 2016
Recommend
CEO approval
Business Outlook

Pros

The training provided is the best in the business. The company culture is fantastic - employees are genuinely rooting for your success and willing to help you along the way. The opportunity of having your own successful business with the strong supportive base that the home office provides is exceptional, if you are in the right time of your life to take advantage of it.

Cons

It's hard. Extremely hard. Here are some things to consider - 1. The company is still "old school" when meeting clients. You will knock on doors in neighborhoods until you just dont think you can knock anymore...and then you'll find a way to knock on 20-30 more. It's awkward, it's defeating, and it's extremely inefficient. I'm not saying that Jones should move away from the model - I understand and support its belief that an advisor/client relationship should be personal and begin with a face to face contact. But it will take A LOT of man hours. You have to be prepared to work 4-5 late nights a week and Saturdays for at least a year before you can back off a little. It sounds doable - but when you couple the long hours with the awkwardness and inefficiency of what you are doing, it wears on you. You really need to be 100% committed to this job for the first several years in order to grow it well enough to sustain you (there is reward for the hard work in the long run - you just won't see it for quite a while). 2. Your salary is not guaranteed for the amount of time Jones says it is. If, at the 8th month mark, you are anywhere below "exceeding expectations", your already low salary will drop by 30%. They don't tell you that when you are hired. They tell you that you will have "x" salary for a year and then a decreased salary in both years 2 and 3. What they fail to mention is that the salary quotes isn't guaranteed. 3. They DO have a fantastic training program, however it still isn't enough.

Viewing 280 - 282 of 5,325 Reviews

Glassdoor has 5,717 Edward Jones reviews submitted anonymously by Edward Jones employees. Read employee reviews and ratings on Glassdoor to decide if Edward Jones is right for you.