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May 16, 2019—St. Louis—Financial services firm Edward Jones once again ranks among the FORTUNE 500. This is the firm's seventh consecutive appearance on the annual list, which is published by FORTUNE magazine.
FORTUNE magazine ranks the largest U.S. companies by revenue. Edward Jones moved up 20 spots to No. 356, with nearly $8.6 billion in net revenue for 2018, an increase of 13 percent year-over-year.
In 2018, Edward Jones saw a record 9 percent bump in its total number of financial advisors. During that time the firm also increased the number of clients it serves throughout North America and its assets under care.
"We are humbled by the trust our clients and associates have placed in Edward Jones for 97 years," said Edward Jones Managing Partner Penny Pennington. "It is a testament to the leadership of our firm in both the communities we serve, with our 17,500 financial advisors and branch teams, and in our home office. This remarkable growth has enabled us to serve more clients in more communities throughout North America, and remains about helping our clients achieve what is most important to them."
As Edward Jones focuses on the future, the firm will continue to make strategic investments in the people, services and technology that support financial advisors in delivering an exceptional client experience.
"We have to push ourselves even further to deliver the Edward Jones experience our clients will expect from us– and to continue to grow to serve the tens of millions of clients and families who deserve the help we offer," Pennington said.