Don't expect them to honour their contract and words. I was hired with specific targets and milestones to get my own office and assistant, they have reframed their targets and it applied not only for new hires (makes total sense) but also for old contracts, which in my humble opinion is unethical (contracts and people's words should have value).
I didn't experience much grief with senior advisors but I saw and still hear about it from peers how veterans make very hard for new advisors to succeed and bring in assets. A lot of internal competition between FA's.
A lot of sales training and very little training on financial planning and investment selection. Makes you feel like they don't care about people's money, just about getting their money into the brokerage.
If you have an assistant you have a very good chance to succeed, as you will have someone taking care of the extensive admin work and you will have time to actually do your work.
Limited structure, compared to competitors in the industry: you don't have the option to hire assistants or build a team and grow exponentially.
Very low commission compared to competitors in the industry, I have interviewed 5 other companies and didn't see someone paying less than Edward Jones in Canada.
