Edward Jones Reviews | Glassdoor.com.au

Edward Jones Reviews

Updated 15 October 2018
2,170 reviews

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4.1
StarStarStarStarStar
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Approve of CEO
Edward Jones Managing Partner Jim Weddle
Jim Weddle
1,348 Ratings

2,170 Employee Reviews

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Pros
  • "Flexibility in working hours allows work/life balance" (in 111 reviews)

  • "Great training to get you up and running" (in 142 reviews)

Cons
  • "75-85% of time spent door to door trying to generate prospective clients" (in 137 reviews)

  • "You will do excessive door knocking" (in 172 reviews)

More Pros and Cons

  1. Helpful (92)

    "I pinch myself"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Financial Advisor in Detroit, MI (US)
    Current Employee - Financial Advisor in Detroit, MI (US)
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Edward Jones full-time (More than 10 years)

    Pros

    The second best decision of my life was saying yes to the EDJ opportunity. I have put four kids through college and am well prepared for my retirement. I will celebrate my 20th anniversary soon and look forward to the next 10 years.

    Cons

    No one will do the work for you. You must turn strangers into clients. There is no better way than starting with a handshake.


  2. "Senior Branch Office Administrator"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Being in an LP puts the focus on long term growth rather than short term stock values.

    The home office associates are the best in the business and always there for you.

    Cons

    With only two people in each office the relationship is key to everything here.

  3. "BOA"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - BOA Branch Office Administrator in New York, NY (US)
    Current Employee - BOA Branch Office Administrator in New York, NY (US)
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Edward Jones full-time (More than a year)

    Pros

    Amazing benefits and maternity leave

    Cons

    I heard bad health benefits and office life can be a little boring if the advisor isn’t busy.


  4. Helpful (1)

    "Branch office assistant"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Recommends
    Neutral Outlook
    No opinion of CEO

    I worked at Edward Jones part-time

    Pros

    Great corporate culture and opportunities

    Cons

    Some work is tedious


  5. Helpful (1)

    "Love it!"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - BOA Branch Office Administrator
    Current Employee - BOA Branch Office Administrator
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Edward Jones full-time (Less than a year)

    Pros

    So let me tell you in all depends on the FA you work for. My recommendation is when you go to the interview make sure you feel them out and find out what keel their office is. They're ranked from 1-10 and it's based on assets managed. The higher the level the busier it will be and the better the bonus. Also depending on the area you might get offered great pay. For me they actually offered me more than I was making at my last job which was already okay for what I was doing.

    Days go by fast. My FA is very sweet and generous.

    Cons

    Technology we work with is a bit old but they're working to fix that. Slowly lol.

    The medical and dental could be better.

    Advice to Management

    None.


  6. "Tough business, fair company"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Financial Advisor
    Current Employee - Financial Advisor
    Neutral Outlook
    Approves of CEO

    I have been working at Edward Jones full-time (Less than a year)

    Pros

    Great Training. Most companies don’t give a decent base salary and are more commission heavy starting out. Flexibility. Good support from many FAs. Local company feel with big company support.

    Cons

    Door knocking is inefficient but effective. You can get burnt out quick. People with a large network of friends and family ready to invest would benefit the most. The services are expensive and that’s why many prospect don’t join. The overall business is tough, not specific to company. Technology is old school. You are selling more expensive services / products relative to other companies.


  7. Helpful (1)

    "Financial Advisor"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Financial Adviser in Calgary, AB (Canada)
    Current Employee - Financial Adviser in Calgary, AB (Canada)
    Recommends
    Positive Outlook
    Disapproves of CEO

    I have been working at Edward Jones full-time (More than a year)

    Pros

    Great Flexibility, good long term earning potential, your own office, training is top notch, puts the client first. New managing partner is soon to be hired

    Cons

    Poor pay to start, old school hierarchy and culture, closed to new ideas, often uses people to gather assets then discards them, high turn over rate, Jim Weddle, CEO, makes millions and is very closed to employee feedback. His responses to it are belittling.

    Advice to Management

    Listen to employee feedback, do more to helps FAs who have been working for you in the 3 to 4 range. Don’t make every perk a taxable benefit or have Jones cover the tax.

  8. "Best company in the financial services sector!"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Financial Advisor in Spruce Grove, AB (Canada)
    Current Employee - Financial Advisor in Spruce Grove, AB (Canada)
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Edward Jones full-time (More than 10 years)

    Pros

    The training is the best in the industry, the support from home office is fantastic, the support from other advisors in the field is unmatched. Technology works very well and product offerings are appropriate for our target market of the serious long-term individual investor. Research covers not only stocks but etf's and mutual funds as well. Consistent training opportunities allow us to hone our skills on a monthly basis. The family-oriented atmosphere of the company fits with my own philosophy of living a balanced life.

    Cons

    For those who wish to trade penny stocks or do other speculative investments, this is not the place.

    Advice to Management

    Keep on keeping current with technology and training on client-centric service so we keep ahead of the curve.


  9. "Financial Advisor"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Financial Advisor in Victoria, BC (Canada)
    Current Employee - Financial Advisor in Victoria, BC (Canada)
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Edward Jones full-time (More than 3 years)

    Pros

    Potential to earn unlimited income. Flexible schedule. Build and run your own business with unlimited support locally and nationally. Ongoing training throughout your career.

    Cons

    There are no areas for improvement that I have experienced at this time.


  10. "FACD"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Recommends
    Neutral Outlook
    No opinion of CEO

    I have been working at Edward Jones full-time (Less than a year)

    Pros

    Great opportunity, people seem to love their job!

    Cons

    Pay is a struggle, and the program seems laborious and too lengthy at times.

    Advice to Management

    Allow more feedback and check points for real growth. Innovation is a concept that feels far removed from the Edward Jones process.


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