Sold a bill of goods. Be very careful with the hype. - Financial Advisor Edward Jones Employee Review

1.0
Aug 10, 2016
Recommend
CEO approval
Business Outlook

Pros

Paid training during the series 7 Occasional paid trips Certain level of control over your hours and breakdown of your day

Cons

The numbers they sell you upfront are fantasy. EXTREME nepotism. Sons and nieces of partners will be given many millions in assets, which is the ONLY way to make this work. Performance standards for anyone without connections and free clients are completely unrealistic. You will be used to generate leads for other brokers. The pay is terrible. 40% of commissions is very low compared to other firms. The PRODUCTS are awful. High commissions on trades is a complete conflict of interest. try a fee based model. You are pushed to sell the most expensive products.

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.

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