Most will not succeed - Financial Advisor Edward Jones Employee Review

2.0
1 Dec 2016
Recommend
CEO approval
Business outlook

Pros

Edward Jones gives you the autonomy to "run your business" how you like, as long as you meet the bottom line. This means flexible hours, not having a boss hovering over your shoulder, etc... As an advisor, your earnings potential is unlimited, and can be very rewarding after sticking with the company for 5+ years. The sales training is excellent and they give you the tools you need to succeed. The people in your region genuinely want you to succeed,

Cons

Unless you have an extensive personal network of wealthy individuals, you will be knocking on doors to meet people in your area to drum up business. Unless you are an unbelievably good salesperson, you will likely struggle to get by and the job becomes extremely mentally tough and stressful. Also, unless you are given a book of business soon after starting (most aren't), you will need to build a book of business completely from scratch. For this reason, the success rate here is probably 20-30%, and that includes those lucky enough to inherit assets. Furthermore, the company does not offer a 401k match to financial advisors, instead offering partnership bonuses to those who reach profitability (typically 3-6 years in). The medical benefits are also expensive and inferior to those of many other large companies.

Explore other reviews about Edward Jones

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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