Edward Jones FAQ

Have questions about working at Edward Jones? Read answers to frequently asked questions to help you make a choice before applying to a job or accepting a job offer.

Whether it's about compensation and benefits, culture and diversity, or you're curious to know more about the work environment, find out from employees what it's like to work at Edward Jones.

All answers shown come directly from Edward Jones Reviews and are not edited or altered.

59 English questions out of 59

7 January 2021

Does Edward Jones offer relocation assistance?

Pros

- Helpful Colleagues - Feels like a smaller company - Competitive Compensation - Lots of training support

Cons

- Lots of turnover in regional leadership roles - Old school mentality to prospecting (door knocking strongly encouraged) - Benefits package is OK, not great

Benefits package is OK, not great

7 January 2021

See 2 more answers

5 December 2020

Does Edward Jones offer dental insurance?

Pros

Edward Jones cares about its employees and its clients. They provide 16 weeks maternity leave. They offer health insurance, dental, vision, life insurance for free. There are plenty of different job types you could apply for. The salary is competitive. There is potential for bonuses. Profit sharing is provided to all employees for free. There is the ability to become limited partner Or even general partner. When you get settled in to the career path I want Edward Jones, you stay for a very long time.

Cons

Company's structure is a little odd. Each financial adviser has their own location and only one office administrator which puts you with that person all day, If you decide to work in a local branch. You have to really get along with your branch partner. Most positions you apply for require some sort of college degree. Although the pay is competitive as it is on the lower side. This may be due to The company's structure of every financial advisor having their own office. I can see how expensive that would be to maintain.

Advice to Management

Consider adding multiple financial advisers and branch team members per office. This may increase profitability exponentially. This may also reduce the potential for branch team conflict, if applicable.

They offer health insurance, dental, vision, life insurance for free.

5 December 2020

See 2 more answers

5 September 2019

Does Edward Jones offer parental leave?

Pros

I gained a lot of experience working for Jones and appreciate that most leaders encouraged frequent upward movement. Some benefits are really nice, like 16 weeks paid maternity leave and tuition reimbursement.

Cons

Oh boy. Where to begin. I was in Finance at HQ for 10+ years, and there have been a lot of very talented, strong associates leaving in recent years. A toxic and highly competitive culture within the division ensures that workers are ready to step on one another when the chance arises. There is a serious lack of trust and while results may vary, my leaders loved to rule by fear and creating drama by publicly picking favorites. Low, stagnant pay for the work many are being asked to do. Better hope you come in at a high salary because you'll be stuck with max 4% raises for the rest of your career due to the almighty "matrix". They rarely deviate from the salary matrix, even if your title and responsibilities change. I've seen it happen once or twice, but the associate had to put up a nasty stink about it and threaten to walk. Old antiquated systems. You will never have what you actually need to do your job. You will learn to develop workarounds and do without quite a bit. Stuffy dress code anyone? Business professional and not budging despite most other major St. Louis companies at least going business casual. Did I mention you're going to work alot. Like alot. My department quietly expected a minimim 50 hours/ week to just get the baseline work done. If you're capable, they'll give you projects to work on. Guess what though, still have to get the core work done. So now you're working 60-70 hours for a promotion or whatever other carrot they are dangling. But it'll likely never come because they hire people in cheap and like to keep them there. They like to tout that they are a private company so that makes them better. Work/ life balance, culture, LP, etc. I left it all for a public company and immediately got way more than I ever did at Jones. Casual dress code, salary almost doubled, more holidays, more sick time, equal vacation, and I haven't worked more than 41 hours a week since starting. If I need new software or equipment to do my job, it's at my desk by the end of the week. Best decision ever.

Advice to Management

Wake up. You've got a brain drain happening. Stop trying to squeeze your associates and start actually rewarding those who stand above. You've got record breaking profits and no debt. There's no excuse for what you're doing. I know Penny is tone deaf on business casual and jeans for HQ associates. You would be shocked by how much goodwill you would generate by something so simple. And it costs nothing.

Some benefits are really nice, like 16 weeks paid maternity leave and tuition reimbursement.

5 September 2019

See 11 more answers

20 May 2021

Does Edward Jones have a pension plan?

Pros

EJ is a family oriented company

Cons

Lower than industry standard pay, not great benefit plan, no pension

Lower than industry standard pay, not great benefit plan, no pension

20 May 2021

See answer

5 December 2020

Does Edward Jones offer life insurance?

Pros

Edward Jones cares about its employees and its clients. They provide 16 weeks maternity leave. They offer health insurance, dental, vision, life insurance for free. There are plenty of different job types you could apply for. The salary is competitive. There is potential for bonuses. Profit sharing is provided to all employees for free. There is the ability to become limited partner Or even general partner. When you get settled in to the career path I want Edward Jones, you stay for a very long time.

Cons

Company's structure is a little odd. Each financial adviser has their own location and only one office administrator which puts you with that person all day, If you decide to work in a local branch. You have to really get along with your branch partner. Most positions you apply for require some sort of college degree. Although the pay is competitive as it is on the lower side. This may be due to The company's structure of every financial advisor having their own office. I can see how expensive that would be to maintain.

Advice to Management

Consider adding multiple financial advisers and branch team members per office. This may increase profitability exponentially. This may also reduce the potential for branch team conflict, if applicable.

They offer health insurance, dental, vision, life insurance for free.

5 December 2020

See 5 more answers
  • 1
  • 2
  • 3
  • 4
  • 5

59 English questions out of 59

Popular Careers with Edward Jones Job Seekers

JobsSalariesInterviews