Huge turnover rates - Financial Advisor Edward Jones Employee Review

1.0
12 Aug 2015
Recommend
CEO approval
Business outlook

Pros

Great opportunity for advancement if you are amazing at sales

Cons

Turnover is huge The chance of making it is minuscule They promise amazing training. This training is one week long and after that its like they have no clue who you are Low pay The company marketing plan is to bring in new people that will go door to door marketing the company hopefully bring in as many accounts as possible before realizing they will never make these crazy sales metrics and fail. They then leave their accounts behind. I still feel bad that people paid so much money to work for me then were sent to another advisor. What they do is unethical but it is the same thing that all other companies in the industry are doing. Oh and they teach you nothing about finance so if you do not have a background you will not be a good advisor even if you do get clients.

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5.0
5 Jun 2026
Recommend
CEO approval
Business outlook

Pros

Good benefits and payout structure

Cons

Small companies not having so many locations

1.0
3 Jun 2026
Recommend
CEO approval
Business outlook

Pros

- Had a 100 year successful legacy business model - Financial advisors and staff in field branches have pockets of good cultures

Cons

- Home office culture is horrible and getting worse (cronyism, poor leadership, lack of care/focus for associates) - Regressive HR policies - Senior leaders are disconnected from reality - Consultants running amok - Poor pay and even poorer benefits (unless you are a partner) - Technology introductions and org changes have been botched time and time again - Company is way off course to achieve its long term goals

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