Edward Jones reviews

3.4

53% would recommend to a friend

(5,329 total reviews)
avatar

Penny Pennington

57% approve of CEO

54% positive business outlook

Edward Jones has an employee rating of 3.4 out of 5 stars, based on 5,329 company reviews on Glassdoor which indicates that most employees have a good working experience there. The Edward Jones employee rating is in line with the average (within 1 standard deviation) for employers within the Financial Services industry (3.7 stars).

Reviews by job title

5K reviews
1.0
May 29, 2011
Recommend
CEO approval
Business Outlook

Pros

they pay for your licenses and pay you while you study for them

Cons

nothing else - poor compensation, poor management, very poor setup for the FA This is the worst job I've ever had in my life. I have heard this job being described by a GP as one of the greatest opportunities in american capitalism - DO NOT BE FOOLED! they want you to do almost free advertising for them and take your accounts when you fail. This is too similar to a pyramid scheme - guess who benefits? All the general partners at the top!

1.0
May 26, 2011
Recommend
CEO approval
Business Outlook

Pros

The freedom to work your own hours. The cell phone discount. Pretty good training for the Series 7 and 66.

Cons

Starting from ZERO accounts and trying to build a book of business by going door-to-door dressed like a Jehovah's Witness is extremely inefficient. Their business plan is to hire as many FAs as possible, hope they open a few accounts, and then fire them for not meeting performance expectations and transfer their accounts to those who have "made it". The few FAs who are successful usually rely on getting friends and family members to invest with them in order to get their business going. The company culture is very Kool-Aid-ish. They send you to the home office for rah-rah training and hold regional meetings to try and motivate you to sell. They say all you need to do is follow the "recipe", which is make 25 contacts a day--what a joke. Working from home also sucks--its hard to seem credible when you tell a prospect you work out of your kitchen.

Viewing 4978 - 4980 of 5,329 Reviews

Glassdoor has 5,721 Edward Jones reviews submitted anonymously by Edward Jones employees. Read employee reviews and ratings on Glassdoor to decide if Edward Jones is right for you.