Edward jones is a good place to start - Financial Advisor Edward Jones Employee Review

2.0
9 Feb 2009
Recommend
CEO approval
Business outlook

Pros

Edward jones gives you a business model that, if the chips fall into place, can workout to be a successful plan. Best reason to work for EDJ is to get experience, licensed, and some great training to go along with it.

Cons

Downsides are that nepotism is rampant. You are out on your own and may not get much help from the senior advisors. You must sign a 3 year contract so READ it carefully, if you quit with-in the first 3 years you are required to pay training cost up to $75,000. And they won't let you keep any of your clients .

Explore other reviews about Edward Jones

5.0
9 Jun 2026
Recommend
CEO approval
Business outlook

Pros

Great starting pay, good training

Cons

I did not find any cons

2.0
9 Jun 2026
Recommend
CEO approval
Business outlook

Pros

Holds firm to its conservative investment philosophy.

Cons

The firm has been behind the times for decades. It is great that they are finally trying to get up to speed, but the rate of change is not manageable. There has been a high turnover in support staff and it's hard to get accurate information when needing support. It also seems like they have lost their original focus of being the local friendly financial advisor in your backyard and being accessible to the masses. The focus has shifted to high-net-worth individuals and catering to the wealthy. I've watched several advisors get pushed out because they expressed concern and needed support they weren't receiving. When hired as an advisor I was told I'd receive all of this wonderful training of what to say and how to overcome objections and did not receive any of that training. Most of the training is a high-level overview with homework of figuring it out on your own time. In order to be successful as an advisor at Edward Jones, you need to plan on working 80 hours a week for at least the first five years at the firm with little to no support.

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