Edward Jones Employee Reviews about "door knocking"

Pros

Work life balance, Flexible working hours, run your own business, they pay some of your expenses.

Cons

Lot of door knocking, if you do not inherit a book of accounts then make sure you have a good territory, program is designed to weed people out since only 25% make it past the first year, base pay is barely enough to live on since they pay you 75% of your previous income, you pay for your gas, marketing materials, client dinners, etc... Unless you move to St. Louis the train stops at FA. You can assume leadership positions but they barely pay you extra.

Pros

Flexible work schedule, company values

Cons

In my 3 years as an advisor with Edward Jones, the only successful advisors I have seen all received offices and/or assets to manage immediately. The rest of the people they hire are thrown to the wolves. Nepotism, a term I hate to use, runs extremely high. Friends of leaders get good offices, Spouses too. I was given nothing, started from 0, and was thrown into a level 1 (meaning very new) advisors office. It was not a good environment. The way they train you to bring in clients is by knocking on doors. I was ready for that and I’m actually fairly good at it, but the tension with the advisor whose office I was in just ruined the whole experience. The advisor told me I basically couldn’t go to the nice neighborhoods near the office, those were hers, and I had to go “south of the tracks”. If I had been told this, no way I would have taken the position. I was recruited in, which now feels like I was just a number, and then immediately had my hands tied by the advisors office I was in. There were many days when I was knocking on doors and wanted to cross the street into “her area” but my conscious wouldn’t let me. It was truly a bad experience that I tried to make the best of but ultimately could not. Then when Covid hit, these problems I mentioned above started to stick out more and more. The company is so behind with their tech, it made working from home nearly impossible. I can’t access any info on my home computer because it has to have the best of the best security software that they won’t pay for, and they won’t supply me with a lap top to make things easier. I wouldn’t bother applying here for a couple years while they work out the kinks and transition into the modern era. Last thing, stop promoting the guys you gave huge offices to into training positions within their first 4 years in the company. They have no idea how to grow a practice from scratch.

Pros

Good Company that treats its employees well.

Cons

Door knocking is brutal way to build a business.