BOA - BOA Branch Office Administrator Edward Jones Employee Review

1.0
Jul 19, 2016
Recommend
CEO approval
Business Outlook

Pros

NONE.. ZERO. NADA.

Cons

Don't waste your time interviewing because you'll be stuck in the '70s, if hired. The pay is so far below market rate as to be insulting. And don't expect any kind of raise at annual review time. Their idea of a raise is $0.34 an hour. That's not a typo. That was my raise after being at the company two years. And any kind of bonus will depend on how greedy your FA is. He/She determines how much you will receive. The BOAs are expected to do all the dirt work, and forget about how late you have to stay to complete it. This is particularly true if you happen to have the bad luck to work for an FA who waits until 3:00pm to start pushing out projects. As I emphasized up front, DON'T waste your time as a BOA with Jones. It's a dead-end job.

Explore other reviews about Edward Jones

5.0
Jun 14, 2026
Recommend
CEO approval
Business Outlook

Pros

Great place to transition into the world of Financial Advising

Cons

Tough business to get started on your own.

2.0
Jun 9, 2026
Recommend
CEO approval
Business Outlook

Pros

Holds firm to its conservative investment philosophy.

Cons

The firm has been behind the times for decades. It is great that they are finally trying to get up to speed, but the rate of change is not manageable. There has been a high turnover in support staff and it's hard to get accurate information when needing support. It also seems like they have lost their original focus of being the local friendly financial advisor in your backyard and being accessible to the masses. The focus has shifted to high-net-worth individuals and catering to the wealthy. I've watched several advisors get pushed out because they expressed concern and needed support they weren't receiving. When hired as an advisor I was told I'd receive all of this wonderful training of what to say and how to overcome objections and did not receive any of that training. Most of the training is a high-level overview with homework of figuring it out on your own time. In order to be successful as an advisor at Edward Jones, you need to plan on working 80 hours a week for at least the first five years at the firm with little to no support.

See reviews by: Helpful|Rating|Date|All