I applied online. The process took 4 weeks. I interviewed at Edward Jones (DeKalb, IL) in Mar 2010
Interview
The interview process is long and detailed. The reason for this is that once they commit to someone, they spend a significant amount of money, time, and resources into training them. This is almost unheard of in the financial industry where they basically hire everyone and throw a phone book at them and say "figure it out". Attrition is significantly lower than the industry average. The point I am making with all of that is the the interview process is tough. It starts with a phone screen, then a phone interview, then you have to go out and find 25 leads to make sire that you can actually do our form of prospecting, then after that you have a face to face interview with a partner at their office. Finally you need to create a business plan and the last step is " a day in the life". This is where you spend a half day doing a simulation of a typical day in a financial advisors life. This is a test to see how you handle managing outgoing phone calls with incoming calls, how you delegate roles to your assistant, how you do in pitches, etc. They then go and give you a grade on every step of your interview process and weight them based on importance. So you can see how extensove this is/ my recommendation is to not be scared off by it. If you can pass,you know that you are with a company committed to your success.
Interview questions [1]
Question 1
As a partner, I own part of the form. It costs 180k to train you and get your office up and running. Why should I as a partner invest in you?
Interview process first consists of numerous dinner events, all very laid back where you get to learn more about the company and the advisors in the region, and they get to learn more about you. If you keep getting invited back to dinners, consider it progress in the interview process. Honestly, the best, most effective interview process.
I applied through an employee referral. I interviewed at Edward Jones (Vancouver, WA)
Interview
it's a series of interviews with people in the office then a full-day of simulating the role of the advisor where you're receiving calls from clients and team mates as well as receiving emails. As a career-changer, this was the part of the interview phase where I realized Edward Jones wasn't the right start to my career as a financial advisor and ended up going somewhere that invested in my growth rather than a "sink or swim" type of place.
Interview process is very lengthy. 6 steps, very in depth. HR screening, in person interview, 1 year plan, day in the life role play (3 hours long) where you had to call actors who were playing clients and prospects