is a
Brokerage Firm based out of
St. Louis, Missouri which serves investment clients in the
United States ,
Canada , and the
United Kingdom through its branch network of nearly 10,000 locations. The firm focuses solely on individual investors and small-business owners. Edward Jones is a member of the New York Stock Exchange and all other major stock exchanges.
Offices are usually staffed by one
Financial Advisor (a licensed broker) and one Branch-Office Administrator. The one-broker-per-office model allows clients to choose their
Broker directly and deal with just that broker. This model also allows the firm to open offices in areas and towns where a large office staffed by many brokers would be unprofitable. This model is also the reason that Edward Jones currently has the largest number of branch offices among brokerage firms in the United States.
- Ranked 83 in Forbes list of the nation's 500 largest privately held companies in 2005 .
- designated the firm with "Highest in Investor Satisfaction" by J.D. Power And Associates in 2002 , 2005 , 2006 and 2007
- awarded 5-star honors in stock picking, customer satisfaction, Trust, and easy to understand customer statements by '' SmartMoney '' magazine in August of 2005. Repeated for top honors in 2007
- reported by Barron's magazine that for more than the past seven years, the Edward Jones Model Stock Portfolio's long-term track record beat the performance of the 14 other brokerage firms it surveyed (January 2004).
- named, for the seventh year, one of the "Best Companies to Work for in America" by Fortune magazine in its annual listing. The firm took the No. 16 spot overall in the ranking. The firm also was named to the No. 4 spot for large companies. The seven FORTUNE rankings include top 10 finishes for five years and consecutive number one rankings in 2002 and 2003 (January 2006).
- ranked No. 1 in the independent category on Investment Executive's annual survey of brokers in 2006
- ranked among the best advocates for its customers, according to a national research study of U.S. financial-services firms by Forrester Research in 2004 , 2005 , and 2006
- for the 14th consecutive year in 2006, ranked No. 1 among the nation's top seven brokerage firms by industry magazine Registered Representative.
- Ranked #6 in Business Week magazine's list of Customer Service Excellence.
Edward Jones was founded by
Edward D. Jones in
1922 . A merger with Whittaker and Company in
1941 enables the company to trace its roots back to
1871 . Edward Jones' son
Edward D. "Ted" Jones was responsible for the creation of the individual branch network which has spread across rural communities and suburbs throughout the US, Canada, and United Kingdom. The first single broker office was opened by Ted, and staffed by Zeke McIntyre, in
Mexico, Missouri . Ted opened another branch office in Pueblo, Colorado, with his brother-in-law Pete Key as manager of the multi-broker office. When Edward D. Jones, Sr., found the teletype line bill, he insisted Ted either shut the office down or find some way to pay for it. Ted Jones paid for it by opening one-broker offices on either side of the teletype line stretching from St. Louis, Missouri, to Pueblo, Colorado. That is why some of the earliest Edward Jones offices were Dodge City, Hays, Great Bend, and Manhattan, Kansas and Columbia, Missouri. Edward Jones Investments has designated naming rights for the
Edward Jones Dome (formerly known as the TransWorld Dome and Dome at America's Center) in St Louis.
http://www.sec.gov/divisions/enforce/claims/edwardjones.htm
