Edward Jones Investments is a financial services company which was founded by Edward D. Jones in 1922. The founder’s son, Edward D. “Ted” Jones created the individual branch network now spread throughout the U.S. and Canada.
The company’s financial advisors sell financial products which are commission-based and fee-based. Offices are staffed by one licensed broker/financial advisor and an office administrator. This model allows clients to deal directly with their broker and also allows the company to open new offices in small and rural areas where a larger office would not be viable or profitable.
Edward Jones Investments operates 12,000 branch offices. The company advocates conservative investments.
Edward Jones is #27 in the Forbes list of America’s Largest Private Companies, has $8.24 billion in assets under management, has 39,000 employees, and had $5.72 billion in revenue in 2013.