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Edward Jones Reviews

Updated 21 February, 2018
1,959 reviews

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3.8
StarStarStarStarStar
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Approve of CEO
Edward Jones Managing Partner Jim Weddle
Jim Weddle
1,210 Ratings

1,959 Employee Reviews

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Pros
  • Work-life balance is a top priority (in 99 reviews)

  • Great training program for new advisor (in 137 reviews)

Cons
  • Knocking door to door to generate business (in 128 reviews)

  • Door knocking sucks most of the time (in 139 reviews)

More Pros and Cons

  1. "Couldn't ask for better"

    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 10 years)

    Pros

    Focus on client goals, family oriented

    Cons

    Hard to come up with one


  2. "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


  3. Helpful (3)

    "Financial Advisor"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Financial Advisor in Calgary, AB
    Current Employee - Financial Advisor in Calgary, AB
    Doesn't Recommend
    No opinion of CEO

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

    Pros

    Lots of training and support. People are always willing to help you.

    Cons

    They continue to have extremely high turnover. They dont do a good job of hiring the right people and/or ensuring people know what they are getting into

    Advice to Management

    Need a better compensation system for new hires to attract the right people


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  5. Helpful (1)

    "Cut-throat, uncollaborative, vertical organization"

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

    I worked at Edward Jones full-time (More than a year)

    Pros

    Decent comp.
    Pizza Lunches
    Lots to learn

    Cons

    Mis-management
    Uncollaborative
    Vertical organization
    Inflexible, top-down
    There Way or No Way!
    Bullying, Lack of Ethic


  6. Helpful (2)

    "Advisor Role"

    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

    - willing to hire people who have very little financial services experience.
    - investment philosophy is solid, and advisors build portfolios within the confines stipulated by the firm. Meaning client portfolios are being designed at a basic level by professional investors with decades of experience.
    - business building is the choice of advisor, Edward Jones suggests F2F is a good way but you can build you business in any way you wish.

    Cons

    - lack of brand recognition in Canada


  7. Helpful (3)

    "old styles of managment"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Financial Advisor in Toronto, ON
    Current Employee - Financial Advisor in Toronto, ON
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

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

    Pros

    earning expectations are very attractive

    Cons

    door to door sales will little support of payoff

    Advice to Management

    Get away from the "Grandpa" way of thinking if you want to attract millennials


  8. "Financial Advisor"

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

    I worked at Edward Jones full-time (Less than a year)

    Pros

    Professional Work Environment, Guidance and Support

    Cons

    Have to be self motivated, lots of door knocking, focus on sales, membership fees

    Advice to Management

    Have starting salary for Financial Advisors be closer to industry mean specifically during the starting phase for new advisors.


  9. "Run away."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Financial Advisor in Toronto, ON
    Current Employee - Financial Advisor in Toronto, ON
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

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

    Pros

    Nothing, they will try to brainwash you to make cents on the dollar while they take 70% of your commissions. Go to Desjardins or investors group or freedom 55 financial. Anything but this company. Take my word for it.

    Cons

    Absolutely terrible management.
    They try to con your family and friends.
    You owe the 65,000 dollars if you try to quit. You cannot work for 3 yrs in Canada with any other securities company if you quit.

    Advice to Management

    It's not 1920. You can't knock on doors and expect anything but repulsion.


  10. "Sales"

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

    I have been working at Edward Jones full-time

    Pros

    Training. Salary for first couple years

    Cons

    Door knocking, low salary and culture

    Advice to Management

    Ditch door to door to retain talent


  11. Helpful (3)

    "It hardly gets better...but you need to stick with it!"

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

    I worked at Edward Jones full-time (More than 10 years)

    Pros

    Company offers freedom with responsibility, if you are a good producer you can work your own hours, have clients that you like and have a good work life balance.
    You need to be self motivated because company has little patience for slackers.

    Cons

    Engagement of more senior advisors who are willing to help, but are never asked.

    Advice to Management

    There is a world outside Regional Leaders, they should not be the only source of the information how the field is doing.


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