4.0
20 Nov 2009
Current employee
Orange, CA
Recommend
CEO approval
Business outlook
Pros
Training and support to get you licenced and prospecting for clients is great All local management is on a volunteer basis so you get to learn from those that want to teach you Run and operate your own office Women do very well here due to the nature of how Edward Jones solicits business
Cons
Literally go door to door in neighborhoods trying to find clients. If you do not do this everyday for the first 3-5 years you will not make it. Buy and hold philosophy for clients is more buy and ignore. The production requirements force new financial advisors to sell upfront single commision products instead of building a book with managed accounts. There is more emphasis on recuriting new advisors than training current advisors