Most will not succeed - Financial Advisor Edward Jones Employee Review

2.0
Dec 1, 2016
Recommend
CEO approval
Business Outlook

Pros

Edward Jones gives you the autonomy to "run your business" how you like, as long as you meet the bottom line. This means flexible hours, not having a boss hovering over your shoulder, etc... As an advisor, your earnings potential is unlimited, and can be very rewarding after sticking with the company for 5+ years. The sales training is excellent and they give you the tools you need to succeed. The people in your region genuinely want you to succeed,

Cons

Unless you have an extensive personal network of wealthy individuals, you will be knocking on doors to meet people in your area to drum up business. Unless you are an unbelievably good salesperson, you will likely struggle to get by and the job becomes extremely mentally tough and stressful. Also, unless you are given a book of business soon after starting (most aren't), you will need to build a book of business completely from scratch. For this reason, the success rate here is probably 20-30%, and that includes those lucky enough to inherit assets. Furthermore, the company does not offer a 401k match to financial advisors, instead offering partnership bonuses to those who reach profitability (typically 3-6 years in). The medical benefits are also expensive and inferior to those of many other large companies.

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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