FACD Grad - Success depends upon region/assets given - Financial Advisor Edward Jones Employee Review

1.0
24 Jul 2019
Recommend
CEO approval
Business outlook

Pros

Preface: I have been with EJ well over a year and am exceeding all expectations. Flexibility Chance of taking over a office potential pay Travel program Salary (although it is low) Licensing

Cons

Where to begin... -EMPLOYMENT AGREEMENT - states that if you leave within 3 yrs of your can sell date, you can be sued for $75k of training costs. They lure in 20 something year olds and essentially have them sign away their futures knowing that most of them will fail out. -If you are a white male, you are very unlikely to receive any type of asset sharing opportunity no matter how well you produce or your work ethic. -Many of the so called "leaders" in my region received their office/assets & try to give advice to newer advisors that are actually grinding to build their book of business. -Your future success is completely dependent upon you receiving either assets or an office... Unless you come from money/have an extensive network. -Their training program is highly regarded in the industry which is why I chose EJ, I don't understand how. They literally focus on teaching you to prospect/doorknock. I feel completely underprepared to help clients manage their entire life savings. The advice I received from regional leadership was that I will learn from doing. What kind of advice is that??? This job is so important, there needs to be much more structure around training advisors to actually be FA's rather than salespeople. - Many Many Many more... like any other company, my only caution to someone considering this opportunity is that you truly evaluate your options. Don't drink the EJ cool-aid. It can very well be a good opportunity, if you are lucky..

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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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