Edward Jones Ranked No. 4 by FORTUNE Magazine in its Ninth Appearance on Best Companies to Work List Named No. 2 for Companies Its Size
The financial-services firm Edward Jones was ranked No. 4 on FORTUNE magazine's "100 Best Companies to Work For" list. In its ninth appearance on the annual list, Edward Jones also ranked No. 2 for large-sized companies. The full list and related stories appear in the February 4 issue of FORTUNE, available on newsstands Jan. 28 and at www.fortune.com on Jan. 22.Edward Jones' nine FORTUNE rankings include top 10 finishes for six years and consecutive No. 1 rankings in 2002 and 2003. The magazine also lists Edward Jones as having the best benefit options for work-life balance.
"We are gratified that in focusing upon doing what's right for our clients, we have made Edward Jones a good place to work," said James D. Weddle, managing partner of Edward Jones. "As we work together in partnership, we value and respect individuals and their contributions to our firm."
In naming Edward Jones to the prestigious list, FORTUNE editors say, many of the firm's associates in the St. Louis home office got a 6.5 percent raise last year as the brokerage firm opened 1,000 new offices in the U.S.
"A driving factor for the list this year is that these companies excel in creating jobs," FORTUNE said. "The 100 companies on the 2008 list added 67,000 employees to their payrolls in the past year and employ a total of nearly 1.6 million employees; up 16 percent from the number employed by companies comprising last year's list."
To pick the "100 Best Companies to Work for", FORTUNE works with the Great Place to Work Institute to conduct the most extensive employee survey in corporate America.
The FORTUNE "100 Best Companies to Work For" ranking is employee-driven, with two-thirds of the scoring based upon how randomly selected employees respond to an anonymous survey designed to measure the quality of workplace culture. The remainder of the score is based on an in-depth analysis of the companies' benefits and practices.
The FORTUNE ranking is one of several important honors based on associate input that Edward Jones has received in recent weeks. In early December, the firm was ranked No. 1 in Registered Rep. magazine's annual brokerage report card for the 15th consecutive year. Last month, Edward Jones ranked No. 5 among the "50 Best Employers in Canada" in the Globe and Mail's annual listing in Report on Business Magazine. Over the past year, Edward Jones also has received workplace recognitions from 24 state and provincial publications in the U.S. and Canada.
The firm also was ranked first in J.D. Power and Associates' annual survey of customer satisfaction among full-service investors.
Edward Jones provides financial services for individual investors in the United States and, through its affiliates, in Canada and the United Kingdom. Every aspect of the firm's business, from the types of investment options offered to the location of branch offices, is designed to cater to individual investors in the communities in which they live and work. The firm's 10,000-plus financial advisors work directly with more than 7 million clients to understand their personal goals - from college savings to retirement - and create long-term investment strategies which emphasize a well-balanced portfolio and a buy-and-hold strategy. Edward Jones embraces the importance of building long-term, face-to-face relationships with clients, helping them to understand and make sense of the investment options available today.
Edward Jones is headquartered in St. Louis, Mo. The firm's interactive Web site is located at www.edwardjones.com and its recruiting Web site is www.careers.edwardjones.com.
