Edward Jones Reviews | Glassdoor.ca

Edward Jones Reviews

Updated 25 June, 2018
2,044 reviews

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3.8
StarStarStarStarStar
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Approve of CEO
Edward Jones Managing Partner Jim Weddle
Jim Weddle
1,260 Ratings

2,044 Employee Reviews

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Pros
  • "Work-life balance is a top priority" (in 103 reviews)

  • "Great training, support, autonomy, very high income potential" (in 137 reviews)

Cons
  • "Door to door client interactions" (in 132 reviews)

  • "Door Knocking, not the worse but not a pro" (in 168 reviews)

More Pros and Cons

  1. Featured Review

    Helpful (1)

    "No smoke and mirrors. This company is very up front with what it take to do this job. Great Company"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Financial Advisor in Edson, AB
    Current Employee - Financial Advisor in Edson, AB
    Recommends
    Neutral Outlook
    Approves of CEO

    I have been working at Edward Jones full-time (Less than a year)

    Pros

    Honesty, integrity, a chance to make a difference in people’s lives, excellent education, continued education, create your own clientele, unlimited support, able to create your own hours after established.

    Cons

    Quotas are very high, difficult to reach under certain conditions. Very long hours and hated work to get established, need to have great salesmanship, thick skin, and be able to multitask at a extreme level.

    Advice to Management

    Working out of ones home is not conducive to the kind of clientele you want your new FA’s to acquire.


  2. "Great Company"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Financial Advisor in Mississauga, ON
    Current Employee - Financial Advisor in Mississauga, ON
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Edward Jones full-time (More than 3 years)

    Pros

    Autonomy,great support and mentorship.

    Cons

    managing your own time can be a difficult skill for some, but if you are organized and driven, this role is one of the best in the industry.

    Advice to Management

    Help Financial Advisors learn different marketing strategies to grow business.

  3. "business analyst"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Edward Jones full-time

    Pros

    Great Place to work

    Cons

    No room for advancement.


  4. "Overall Nice Company"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Recommends
    Neutral Outlook
    Approves of CEO

    I worked at Edward Jones full-time

    Pros

    good training
    good support
    encouraging environment

    Cons

    low salary
    extremely time consuming


  5. "Financial Advisor"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Winnipeg, MB
    Former Employee - Anonymous Employee in Winnipeg, MB
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I worked at Edward Jones full-time (More than 5 years)

    Pros

    Ted Jones had great insight

    Cons

    Culture and values no longer respected or followed

    Advice to Management

    Get back to roots of how company was established.


  6. "Good Training, lack of communication, not the best compensation"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Neutral Outlook
    Approves of CEO

    I have been working at Edward Jones full-time

    Pros

    Training was good for the most part

    Cons

    lack of communication between departments, not the best compensation, will not pay for all of your courses

    Advice to Management

    better communication and invest in your employees more


  7. "BOA position"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - BOA Branch Office Administrator in Ottawa, ON
    Former Employee - BOA Branch Office Administrator in Ottawa, ON
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I worked at Edward Jones full-time (More than 3 years)

    Pros

    The clients and the work were great. I enjoyed what I did and learned a lot. Had 1 hour lunch every day which was nice.

    Cons

    Working in a 2 person office is not ideal when 1 of those persons is unreasonable, or greedy or not a real boss, just a salesperson. The BOA’s work hard, they do everything but sell (and they do have to see banking services). BOA’s salaries are paid by Head Office, but raises were contingent on the reviews of the Sales Consultant, so if you were making more than them, or close to it, they would give a poor review and no raise would be given. Some offices where there were respectful consultants all was good, but get a bad apple and you are stuck with only option of getting another job.

    Advice to Management

    Revise the 2 person office motto or have other means of reviewing performance of BOAs.

  8. Helpful (2)

    "Good, not great."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Edward Jones full-time (More than 3 years)

    Pros

    - In growth mode
    - People are friendly and helpful
    - Good culture, but lacks modern flare

    Cons

    - Dated technology (still using Internet Explorer!)
    - Slow bureaucratic approach
    - Very conservative


  9. Helpful (3)

    "Financial Advisor"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Financial Advisor
    Current Employee - Financial Advisor
    Neutral Outlook
    Approves of CEO

    I have been working at Edward Jones full-time (More than a year)

    Pros

    Family values, work events

    Cons

    Door knocking, aggressive penalties if leave to another company ie. $65K


  10. "Great Training"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Financial Advisor in Mississauga, ON
    Current Employee - Financial Advisor in Mississauga, ON
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Edward Jones full-time (Less than a year)

    Pros

    Best in class training and support.

    Cons

    Door Knocking and Cold Calls


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