Edward Jones reviews

Lower payouts...due to the fact that Edward Jones covers the overhead of your branch office. Very high attrition. Imposing contract for people new to the industry. The way you're trained to gain clients is by knocking on doors. With the individual office, company seems fractured. Home office does its best to work in this system, but it's difficult for the new advisor in his or her own office to really get business going...unless he or she is fortunate enough to take over a book.

If being an advisor is not your final calling, then you'd have to relocate to St. Louis to seek growth within the firm (which is probably likely for most broker-dealers). Also, EDJ disguises itself as a firm that's "solely" focused on "helping" people reach financial goals in a warm and fuzzy way. Mostly, that's true, but the "bottom-line" is what it's about when it's all said and done and you will be out the door now matter how many accounts you open per month.