Edward Jones Employee Reviews

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Advisors treat assistants poorly
Branch Office Administrator (Former Employee) –  Brandon, MB14 February 2018
I had a malevolent boss who put me down and threatened me and abused me emotionally. He was rude and was never in the office and constantly shamed me for things outside of my control. He was rude to clients too.
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Best job culture and work life balance
Senior Investment Service Specialist (Former Employee) –  Mississauga, ON22 January 2018
One of the best financial investment dealers to work in.Entry level to experienced positions are rewarding. Best training available when you start as a fresher.
Pros
Best Holiday and Sick days allowance
Cons
Progression is limited
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Perfect place to grow a practice
Financial Advisor (Current Employee) –  Victoria, BC3 January 2018
If you want to start an investment management practice there is no better place than Edward Jones. Is it hard work? Of course it's hard work! But the perks of success are worth the effort if you can make it through the first 3 or 4 years. The good thing is now they pay a salary for the first four years because they know attrition is highest at this time. What are the perks? Once you get to $12-15M (will take 3-4 years) under management you will make approximately $50k a year. If you can get to this point you will start a snowball effect where your existing clients contribute to accounts and start to refer you business. So within 3 more years you will likely have a 6 figure salary. From there the sky is the limit. Most advisors that succeed with EJ make well over $100,000 and work 40-45 weeks a year. You create your own schedule, even in the early years, so if you have kids it's awesome! They send you on 5 star vacations twice a year if you bring in an achievable amount of assets. Like I said, it's not easy. But if you have the grit and desire, your quality of life after the first several years will be almost unmatched.
Pros
Support, Early salary, Potential for unbelievable quality of life
Cons
Hard work in early years
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Interesting Experience
Financial Advisor (Former Employee) –  Vancouver, BC2 December 2017
It’s a good work place. More of a sales job the company provides extensive training and support. One gets lot of support through other advisors and mentors
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Sales oriented
FINANCIAL ADVISOR (Former Employee) –  Toronto, ON30 November 2017
Door-to-door sales pitch as a financial advisor. If you can't door-knock, you won't success. Extremely supportive but demanding company culture. Someone will always look over your shoulder, but if you can't make the targeted goals, your business won't last either way.
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Garbage.
Financial Advisor (Former Employee) –  Barrie, ON13 November 2017
If you have to REALLY sell the job to get prospective employees, have ridiculously high turnover of same employees, and have to do the same thing to get and retain clients there is something wrong with your business model.
There's also a reason why self directed discount brokerages are taking over - the general public has been screwed over enough by salespeople claiming to be financially literate.
Obsolete, foul smell like the used car salesmen of days gone by.
Do everyone a favour and stay away from this company and others like it. If you're a client, move your portfolio to either a real independent broker or manage your own money.
Pros
None
Cons
Long hours, unethical
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Edward Jones
Branch Office Administrator (Current Employee) –  Edmonton, AB12 November 2017
They favor the advisors and not the administrators who basically do all the work..
The job is pretty enjoyable but its the beauracacy that isn't enjoyable
I loved meeting the clients and getting to know them
Pros
Hmmmmm
Cons
Long hours -no work life balance
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Great culture, coworkers and training
FINANCIAL ADVISOR (Current Employee) –  Belleville, ON7 November 2017
Great culture and coworkers. Long hours. Expect very little pay for the first several years. Very emotionally changeling. Lots of door knocking and cold calls
Pros
Free perks from wholesalers and trips
Cons
Long hours, little pay
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Perfect for the person who thrives on working independently.
Branch Office (Former Employee) –  Hamilton, ON7 November 2017
At Edward Jones, you work as part of a team in a 2 person branch office, providing a variety of administrative support tasks to a Financial Advisor.
The culture is relaxed and informal, but professional.
You must enjoy working alone, and possess the initiative and confidence to proceed with tasks independently.
The opportunity is there to be eligible for Branch Office bonuses.
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odd culture, weak field leadership
Financial Advisor (Former Employee) –  Toronto, ON23 October 2017
As a company run by financial advisers with an almost religious reverence to past general partners, it takes some getting used to. Millennials will not fit in unless they like to "do it the way we have always done it".

Hard work as you go door to door in your neighbourhood.
Pros
lots of encouragement during training
Cons
long hours, minimal benefits, old school mentality, leaders
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Great place to work
Financial Advisor (Current Employee) –  Toronto, ON18 October 2017
Edward Jones is a great firm, they support you and give you all the tools to succeed. If you're willing to put in long hours and work your tail off you will be successful. The starting pay isn't great but the benefits are good, the people are great and if you put the time in the paycheques will grow. Everyone is always willing to help you, you just have to ask. They are just like anything in life, if you put the time and effort in you'll be rewarded.
Pros
Company culture
Cons
starting salary
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No
Financial Advisor (Former Employee) –  Toronto28 September 2017
This review is not just true of Edward Jones but of some other firms as well. Someone just of the streets will probably not succeed no matter how hard of an effort you make. Jones can do a pretty good job teaching you to door-knock (yes you have to do this - a lot) and sales in general. There is only one problem, to succeed as a financial adviser you need to gather assets quickly and you probably won't do that going door to door as a newbie. You need to bag assets from other advisers or have wealthy friends and family who are willing to let you manage their assets. The former cannot be taught and the latter depends on your situation. If you can get 2 to 3 million in a year by these means then you will (probably) be ok, otherwise you will fail, no matter how hard you work. Most of the Edward Jones FAs that are successful got that way by having assets given to them by Edward Jones (took over an existing office, played politics, etc) or brought assets with them from another firm. It is very unlikely you will succeed with Edward Jones if you start from scratch.
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Very lonely
Branch Office Administrator (Former Employee) –  Winnipeg, MB10 September 2017
Since there are only the two of you per Office it got very lonely and boring at times.
Tasks were menial and mundane.
There was no workplace culture...it was a tiny office with only us.
The hardest part of the job would be trying to find something to do when I would go days with no meetings booked or entries to make.
Pros
Learned a lot about mutual funds and investing
Cons
Boring
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Good culture, but the work load and the targets are hard
Financial Advisor (Former Employee) –  Mississauga, ON2 September 2017
typical work day include doing door to door, calling and meeting new people,

you do have support from the head office but its all upto you to find your clients

the hardest part would be going 6 hours a day knocking and peoples door, raining snowing or hot blustering summer.

I personally enjoyed meeting people to help them out and also company does some entertainment
Pros
good company culture
Cons
door knocking
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Always new and exciting
Financial Advisor (Former Employee) –  Markham, ON30 August 2017
It is always a challenge to prospect for new clients. But this is also the most difficult aspect of the job. There are many rejections from clients, but ones must learn from experience and apply to new business prospect.
Pros
always something new
Cons
commission
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People are nice but the work-life balance is near to non-existent when just building your practice
Financial Advisor Trainee (Former Employee) –  Toronto, ON14 August 2017
People are nice but the work-life balance is near to non-existent when just building your practice especially in the tougher markets like Toronto. Good opportunity though but I would recommend it to those who don't have much other obligations like young children etc.
Pros
NIce supportive environment
Cons
Long hours to build your practice especially in the tough Toronto market
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Be Your Own boss
Registered Representative (Former Employee) –  Edmonton, AB9 August 2017
The training is excellent. Back office and corporate support is extra-ordinary. Help is just a phone call away.
Very conservative firm policy and sticks to a proven way of doing business
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Unimpressed
Branch Office Administrator (Former Employee) –  Red Deer, AB17 July 2017
I worked as a BOA for this company for 5 years. As an Administrator it was a decent enough job, easy hours, ok benefits and easy to maintain a social life.
The pay is not in line with the amount of work duties you may have and don't let them fool you about bonuses or advancement as it's all based on your FA. You won't qualify for a thing if they decide you don't deserve it or they dislike you. There have been many instances where the FA has gotten away with harassment and verbal abuses towards their BOA and unless you get the labor board involved, nothing will happen.

As the saying goes: BOA's cost money, FA's make money.

If you luck out and get a good person to work in office with, you'll be rewarded and be apart of a Team which makes it a nice place to work for. Just know that you have no job security as it's one FA and one BOA to office and if your FA doesn't meet all the extremely high and unreasonable requirements, you may be out of a job. When I was let go due to the loss of my FA, the Regional Leader of the Northern Alberta Region did not even call me to see if I was ok or offer any support.
Pros
Monday to Friday with no weekend shifts, great for family life
Cons
Terrible pay and no accountability for the FA's when it comes to the treatments of their BOA's
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high pressure
Financial Advisor (Former Employee) –  Mississauga, ON27 June 2017
It was a very results-driven atmosphere, with high pressure to hit the numbers every month. Management varied through the year, with different styles displayed
and their Human Resources Dep. are the worst when it comes to resolving conflicts. boo
Pros
none
Cons
stone-age technology and marketing techniques
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Awesome place to work
On-Call Business Office Administrator (Current Employee) –  St. Albert, AB24 June 2017
Edward Jones is the ideal company to work for. There are tons of advancement opportunities within the company, and they are very supportive of all of their employees.
Pros
Great culture
Cons
Family Company Policy
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Overall rating

4.0
Based on 984 reviews
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3.7Work/Life Balance
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