This job will NOT help you achieve your financial goals - Senior BOA Edward Jones Employee Review

2.0
Nov 15, 2023
Recommend
CEO approval
Business Outlook

Pros

Only reason I gave 2 stars instead of 1 is because the health insurance is decent...

Cons

As a BOA you will be tied to a desk in an office for 8 hours a day. Your manager is the financial advisor (FA) and 95% of them are terrible people to work with and will consistently ask you to cross the line of your job description, which could get YOU fired if you are caught. If the FA is not doing enough business you will not get a bonus or be eligible for a promotion to have a Senior title. Also the salary you are hired at determines how much you will get paid for the rest of your career at Edward Jones (EJ). No matter what salary you are hired at the max raise you will get annually is 5%. You could put in 20 years at EJ and not make $80k/yr. in California. Every now and then (I only saw this 1 time in my 4 years) they do a firm-wide cost of living adjustment, but it's still not enough, maybe a 2% increase. You are the only employee of the FA so all the work they don't want is dumped on you, and you have to do it. There are "jokes" (but it's not really a joke it's true) about this job, EJ wants soccer moms who are bored and want to work to keep busy, but don't really need the money. And if you are wanting to open an account and make trades, the trades for employees are only discounted, they are not free. There is no career path other than becoming a Financial Advisor, and forget about any sort of work/ life balance unless you get one of the 5% of actual humans as a FA, but even then you have to submit an hourly timecard and the company can check to see when your workstation was active.

Explore other reviews about Edward Jones

5.0
Jul 13, 2026
Recommend
CEO approval
Business Outlook

Pros

Paid training and licensing exams Trainers and classes were enjoyable Supplied laptop and training materials

Cons

Intense interview process Information overload during training High pressure expectations of performance

2.0
Jun 24, 2026
Recommend
CEO approval
Business Outlook

Pros

They have allowed the HBA’s (home based associates) to remain remote

Cons

Micromanagers, they say they are okay if you want to apply to another department within the firm but the minute you do it’s like you get a target on your back. The pay doesn’t match the workload and the word is that you have to quit and then come back to make what you should already be getting paid. Benefits are terrible but 401k is pretty good

1
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