Financial Advisor - Anonymous employee Edward Jones Employee Review

3.0
Oct 26, 2015
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

EJ has a great company culture. They've been in business of almost a century and they've got their stuff down as far as helping clients invest their money for the long term. For new financial advisors, they have a great training program that will get you licensed and on your way to building a book of business. NOTE: You will have to work super super hard to build that book and it'll be about 5 years before you start to make anywhere near $100k.

Cons

They take 60% of your profits. The financial advisors are the only profit center for the company. In the beginning, they'll give you a salary and help you out. Once you become established however it doesn't make sense for you to keep your book there. My "mentor" had a book of business that generated $1M in profit each year, yet he was only making $400K. I know that's nothing to scoff at, but when your hard work and effort has built a book generating a million dollars a year, it doesn't make sense that the company would take $600k. It's not even a 50% split. The company takes more, and they really don't do much for you. Also, to build your business you will be going door to door introducing yourself to strangers. I didn't have a problem with that, but I know some people do.

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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 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

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