VERY LOW BOA COMPENSATION-POOR PAY - BOA Branch Office Administrator Edward Jones Employee Review

2.0
1 Feb 2013
Recommend
CEO approval
Business outlook

Pros

Working for Jones allows a sort of independence but the key to happines in this "job" is to be teamed with a good financial advisor. This job will be a living nightmare if the financial advisor's personality and work ethic does not mesh well with yours. The home office support is awesome and the technology makes the job very easy.

Cons

Very very low pay for Office Administrators. Financial advisors receive commissions on new accounts, life insurance, annuities, long term care, and so on, they also receive these lavish diversification trips. BOA's receive no commissions and the bonuses are based on the Financial advisors discretion, and of course we receive no diversification trips. The only prizes we receive is if we complete a trimester goal-which may put 25-100 back in my paycheck. I have an undergraduate degree in Business and I have received no increase in pay and am not allowed to put my academic accreditation behind my name on my business cards. The company is not very family friendly oriented and Human Resources doesnt really seem to take input from the BOA's. My pay is very low compared to area businesses.

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

1.0
23 Jun 2026
Recommend
CEO approval
Business outlook

Pros

- Decent benefits programs. - Teammates who cared about the quality of work they provided and the people they worked with. - Direct superiors who were people of integrity that I respect immensely and wish nothing but the best for.

Cons

- Recent removal of remote work for all associates regardless of how long they had worked remotely previously (13 years in my case). This push to onsite work will damage long term profitability and likely cause a mass exodus of talented associates (if it has not already). - Massive amount of offshore outsourcing that has greatly reduced the quality of work at the home office. - Lack of flexibility regarding work schedules that has severely damaged work-life balance.

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