Edward Jones reaches $1 trillion in assets under care

Staff Report

Financial advisor Barry Revis announced that Edward Jones has reached $1 trillion in assets under care (AUC). The milestone cements Edward Jones’ place as one of the largest financial services firms in the United States, a position achieved through 60 years of organic growth, without any buyouts, takeovers or mergers.

“This milestone reflects our firm’s ability to deeply understand our client’s comprehensive financial needs and help them meet multiple goals,” said Revis. “Edward Jones was founded in 1922 and our first branch office opened in 1957. Since then we have increased our ability to serve more clients. As a Fortune 500 firm, we simultaneously use our resources to enhance the experience they receive.”

The achievement is a vote of confidence in the firm’s unique partnership model, where the associates doing the work that creates our success have the potential to share in the firm’s ownership. As a partnership owned by its current and former associates, the firm can more easily make long-term decisions to better serve clients without having to focus on producing quarterly profits for shareholders. The firm provides financial advisors an opportunity to build and run their own practices, while offering a level of support and resources of a world-class financial services firm.

Financial advisors have access to Edward Jones’ in-house research department, state-of-the-art integrated technology and customized tools to enhance the client experience. This business model supports the success of financial advisors and allows the firm to open offices in local communities and major metropolitan areas across the country.

“As a firm we see room for continued growth because we believe we can make a significant difference in the lives of our clients,” Revis added. “Our opportunity to serve serious, long-term, individual investors through personal relationships is unlimited — and we continue to recruit, train and support diverse and talented individuals from both other firms and those new to our industry.”

Edward Jones $1 trillion AUC milestone demonstrates the firm’s size and scale while emphasizing its ability to impact the financial services industry, with top-ranked financial advisors and a comprehensive investment philosophy.

This $1 trillion AUC milestone demonstrates the size and scale of Edward Jones as a major North American financial-services firm with the second largest fee-based mutual fund platform in the U.S. Serving clients individually, with personal service, the firm has resources to support financial advisors who want to build their own business.

Edward Jones, a Fortune 500 company headquartered in St. Louis, Missouri, provides financial services in the U.S. and, through our affiliate, in Canada. Every aspect of our business, from the investments we offer to the location of our branch offices, caters to individual investors. Our 15,000-plus financial advisors serve more than 7 million clients and care for $1 trillion in assets under management. Visit us at www.edwardjones.com. Our recruiting website is www.careers.edwardjones.com.

Staff Report