The investing world has moved on. Edward Jones hasn't. - Financial Advisor Edward Jones Employee Review

2.0
Jun 19, 2009
Recommend
CEO approval
Business Outlook

Pros

As a financial Advisor, the other FAs in your region really do care about your success. The payouts are quite competitive, and the company is very stable (as opposed to all the publicly-traded companies in the field that are liable to be bought out by a competitor at any moment).

Cons

It's hard to feel good about selling mediocre investments. It's no coincidence that low-cost index funds are taking a larger and larger portion of mutual fund assets. In short, your chances of beating a low-cost index fund with an active fund are *very* slim. Unfortunately, Edward Jones senior management has managed to ignore this fact for over three decades now. If you work at Ed Jones, selling active funds with sales loads is your only option. (Aside from selling individual stocks and bonds, which is even more irresponsible.) Essentially, working as a FA at Jones makes you a salesperson selling a mediocre array of investment products. If you want to provide a high level of service to your clients, you'll have to go elsewhere.

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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