Is It Hard To Get A Job At Edward Jones?

by | Last updated on January 24, 2024

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How much do people at Edward Jones get paid? See the latest salaries by department and job title. The average estimated annual salary, including base and bonus, at Edward Jones is

$139,438

, or $67 per hour, while the estimated median salary is $136,428, or $65 per hour.

Do you need a degree to work at Edward Jones?

Due to the competitive nature of the financial services industry, employment hunters looking to submit applications for Edward Jones jobs must

possess four-year degrees or internships with similar institutions

in order to qualify.

How long is the Edward Jones hiring process?

The assessment takes four hours to complete, while the entire Edward Jones hiring process for financial advisor jobs lasts

between one and two months

, on average.

Is working for Edward Jones worth it?


94% of employees at Edward Jones

say it is a great place to work compared to 59% of employees at a typical U.S.-based company. Our customers would rate the service we deliver as “excellent.”

How much money can you make at Edward Jones?

How much do people at Edward Jones get paid? See the latest salaries by department and job title. The average estimated annual salary, including base and bonus, at Edward Jones is

$139,438

, or $67 per hour, while the estimated median salary is $136,428, or $65 per hour.

Are Edward Jones fees high?


Edward Jones does have fees

. Fees are one of the biggest downfalls according to reviews online, making them something that you should check out before you decide to invest. When you put them head-to-head with the competition, you’ll find that their fees are higher than most.

What is the starting pay at Edward Jones?

Year Salary* Total Compensation 1st Year Salary

*


$51,625

$62,625
2nd Year Salary

*

$44,625 $62,725
3rd Year Salary

*

$36,750 $67,150
4th Year Salary

*

$28,875 $73,575

How much does Edward Jones pay during training?

The typical Edward Jones Financial Advisor Trainee salary is

$21 per hour

. Financial Advisor Trainee salaries at Edward Jones can range from $10 – $48 per hour.

How do Edward Jones advisors get paid?

Financial advisors at Edward Jones are primarily compensated on a straight commission basis. They get paid by

selling customers financial products that generate commission revenue to the firm and themselves

. Most financial advisors in the broker-dealer industry are paid on a roughly similar model.

What is the average salary of a boa at Edward Jones?

How much does a BOA Branch Office Administrator at Edward Jones make? The typical Edward Jones BOA Branch Office Administrator salary is

$19 per hour

. BOA Branch Office Administrator salaries at Edward Jones can range from $4 – $33 per hour.

What is the dress code at Edward Jones?


Business Attire

is the standard dress at Edward Jones so please dress professionally in a suit or suit-like look for your interview. Come Prepared!

Do financial advisors get a base salary?

Many financial advisors get paid

a base salary plus any performance-based bonuses they

may have earned that year. However, it really depends on whether the financial advisor is employed by a large company or is a self-employed registered investment advisor (RIA).

How long does it take to hear back from Edward Jones?

The hiring process of Edward Jones normally last for a few months, and then they will offer the job afterwards. After the assessment, it might take

up to three weeks

before you can get a call from the recruiter. Some current employees complained about not receiving a response even up to a month.

Does Edward Jones have good benefits?

We make a significant investment in

subsidizing health and wellness benefits

for associates, while also providing access to discounted services through our health plan vendors. Our robust wellness program provides the opportunity to earn medical plan premium discounts.

Is Edward Jones a fiduciary?

It is important to point out that the Court found

Edward Jones to be a fiduciary as a matter of law

. That is, the evidence supporting the broker’s fiduciary status was “so powerful that no reasonable jury would be free to disbelieve it… [and is not] susceptible of different interpretations or inferences.”

Why Edward Jones is a good company to work for?

We’ve also found that having the chance to be creative and to contribute goes hand in hand with people loving their jobs. A study we conducted among Edward Jones employees discovered that when

staffers have “a lot” of meaningful innovation opportunities

, 99 percent call Edward Jones a great workplace.

Ahmed Ali
Author
Ahmed Ali
Ahmed Ali is a financial analyst with over 15 years of experience in the finance industry. He has worked for major banks and investment firms, and has a wealth of knowledge on investing, real estate, and tax planning. Ahmed is also an advocate for financial literacy and education.