Pros
Edward Jones provides an excellent opportunity to make great deal of money, for those who are willing to put forth the effort needed to succeed. The fact that they pay you during your training, as well as pay for all of your licensing requirements definitely helps those who are new to the industry. Benefit packages are adequate and the flexibility you have, once you have established your office, is great.
Cons
Edward Jones can be a very lonely place to work. For new advisors who are working from their homes, the success rate is "advertised" as roughly 30%. From what I have seen, that really seems to be a high estimate. New advisors who are given offices to take over, or who are able to take advantage of one of the office sharing arrangements are much more likely to survive. Also, the Edward Jones system seems to work best for those who prefer to follow someone's directions, rather than think a great deal. A very "in the box" type of company. For some personalities, this is a great benefit. For others, however, it could be quite frustrating. I would highly recommend taking an honest assessment of your likes/dislikes before making the jump.