Disappointing - BOA Branch Office Administrator Edward Jones Employee Review

1.0
20 Nov 2015
Recommend
CEO approval
Business outlook

Pros

Potential to make great bonuses if/when the office is profitable, profit sharing within first year of employment, HSA contribution matched by company, limited partnership after 5 years of employment.

Cons

Health insurance coverage is below average, with a $3300 deductible while still taking $40-$50 out of bi-weekly paycheck. Extremely fast-paced environment where Branch Office Administrator's are required to do just about everything except meet with clients and discuss their investments. They say it is to free up the Financial Advisor so they can meet with clients, but it is too much for one person to handle. The worst part about this place is that you cannot feel secure about your job. If the Financial Advisor leaves the office, whether to go to another company or to just take over another office, you are in jeopardy of losing your job...which is what happened to me. It did not matter that I was doing a good job or that my superiors were happy with my performance....because there was no place for me to go, I was laid off. You would not expect something like that to happen in a large company like EJ, and it is because of how they structure their offices. One FA and one BOA, until you have grown enough to hire an additional BOA, which is years away for most offices. This is in no way a defamation of character towards the company, but is simply the honest truth about a situation that can happen to anyone at any time. Probably the biggest disappointment of my professional career.

Explore other reviews about Edward Jones

5.0
23 June 2026
Recommend
CEO approval
Business outlook

Pros

Incentives, absolutely better than anything

Cons

Nothing other than corporate politics

2.0
24 June 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
See reviews by: Helpful|Rating|Date|All