Edward Jones reviews

3.4

54% would recommend to a friend

(5,326 total reviews)
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Penny Pennington

58% approve of CEO

54% positive business outlook

Edward Jones has an employee rating of 3.4 out of 5 stars, based on 5,326 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
2.0
Jun 19, 2009
Recommend
CEO approval
Business Outlook

Pros

As a financial Advisor, the other FAs in your region really do care about your success. The payouts are quite competitive, and the company is very stable (as opposed to all the publicly-traded companies in the field that are liable to be bought out by a competitor at any moment).

Cons

It's hard to feel good about selling mediocre investments. It's no coincidence that low-cost index funds are taking a larger and larger portion of mutual fund assets. In short, your chances of beating a low-cost index fund with an active fund are *very* slim. Unfortunately, Edward Jones senior management has managed to ignore this fact for over three decades now. If you work at Ed Jones, selling active funds with sales loads is your only option. (Aside from selling individual stocks and bonds, which is even more irresponsible.) Essentially, working as a FA at Jones makes you a salesperson selling a mediocre array of investment products. If you want to provide a high level of service to your clients, you'll have to go elsewhere.

4.0
Jun 2, 2009
Recommend
CEO approval
Business Outlook

Pros

Once you have established your business, Edward Jones allows you to run your office the way you want as long as your business is legal, ethical and profitable. Also, depending on your success, you also have the ability to become a partner with the firm once you have met certain expectations and requirements.

Cons

The door-knocking requirement of initially building your business works very well in rural/small town environments. This method of building a business probably is not the best method of building a business in urban areas.

5.0
Jun 1, 2009

Great company

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Very professional work environment. Strong culture. MAnagement communicates well with employees. Partnership, so achieving quarterly profitability is not the main focus.

Cons

In a fast paced world, Edward Jones seems to be a bit behind the times when it comes to technology.

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