Great place to work but no stability and poor pay - BOA Branch Office Administrator Edward Jones Employee Review

- BOA pay is considered at market but they are comparing us to admin assistants. This job has a lot more responsibility than being an admin. They say that the BOAs are the backbone of the company but the pay is very low. I don’t know a single BOA that can afford their own housing. They all have a second income from their partner or have multiple jobs. Even those that are working in Level 9 and 10 offices which offer the highest bonuses. - high deductible insurance plan with expensive contracted pricing. The lowest deductible available is $3,850 for a single person. That might be ok for the financial advisors who make a substantial amount of money. However, one doctor’s visit could cost a week’s pay for a BOA. Many BOAs go without medical care because they can’t afford it under our plan. - if your FA leaves the company, you could be assigned to a lower level FA which greatly impacts your bonus so you could make less money than you originally made. - they only match $500 in the 401(k) which is laughable compared to other companies. - dead end job