At Edward Jones, our purpose is to partner for positive impact to improve the lives of our clients and colleagues, and together, better our communities and society.
Learn about the many ways our 50,000 colleagues are supporting one another and making a difference in the lives of our clients and their families.
Download our Deeply Invested: 2021 Purpose, Inclusion and Citizenship Report using the links below:
I’d like to thank you for taking the time to learn more about our firm and the work we do to bring our purpose to life to improve the lives of our clients and colleagues, and together, better our communities and society.
Penny Pennington
Managing Partner, Edward Jones
Partnering to live out our purpose
In 2020, Edward Jones supported 254 unique organizations, and nearly 10,000 of our associates connected to their own purpose to serve 14,000 more – inspiring future generations to invest in their communities in a way that creates shared value. We are proud of our partnerships, and the work we do together to have a positive influence on society, be environmentally responsible and support good causes. Learn more about our partnerships.
Positive influence on society
Positive change starts from within our 50,000 colleagues across North America. By the end of 2025, Edward Jones is aspiring to:
As one of the first signatories of the CEO Action for Diversity pledge, which aims to rally the business community to advance diversity and inclusion within workplaces, Edward Jones committed to engage colleagues in honest dialogue as a tool to create change.
More than 250 Courageous Conversations around diversity, equity and inclusion with approximately 12,000 participants since June 2020.
As of June 2021, 8% of our firm’s financial advisors were people of color and 21% were women, while within our U.S. and Canada home offices’ senior leadership roles, 9% were people of color and 30% were women. We are deeply committed to equitable hiring, training, promotional practices and policies and are actively driving to meet our diverse representation aspirations by the end of 2025.
15%
People of color among U.S. and Canadian financial advisors
30%
Women among U.S. and Canadian financial advisors
20%
People of color and gender parity among leaders in the firm’s U.S. and Canada headquarters
40%
Women among U.S. and Canadian home office general partners
We are committed to equal pay for equal work for our associates. In 2020, we analyzed pay for our U.S. home offices to assess equal pay for equal work across race and ethnicity, gender and gender identity, sexual orientation and military status.
The results of that analysis were encouraging with less than 2% of associates identified as having any kind of gap in pay for work equal to their peers. These identified gaps have been addressed to ensure equal pay for equal work.
Most importantly, our analysis concluded that we employ best practices to ensure that pay decisions are not impacted by bias based on race and ethnicity, gender and gender identity, sexual orientation or military status. Best practices and tools we use to ensure equal pay include routinely benchmarking roles against market comparables, providing transparency of pay grade ranges to our applicants and associates, setting pay ranges for all roles based on skills and experience, and consistent processes for annual merit increases and bonuses.
In 2020, we enhanced our more than decade-long Inclusion and Diversity Week program to become Inclusion and Diversity 365 (I&D 365), a dedicated strategy providing yearlong learning opportunities, programs and experiences highlighting a specific dimension of diversity each month (e.g., Pride, Women’s History, Native American/Indigenous Peoples, Disability Awareness Month).
Our firm has a responsibility to nurture our communities and provide greater opportunity for high-need individuals. In 2020, we committed $1.2 million to continue fostering our 40-year partnership with the National Urban League and Urban League of Metropolitan St. Louis to advance their mission to create self-reliance, social equality and civil rights.
As one of the first signatories of the CEO Action for Diversity pledge, which aims to rally the business community to advance diversity and inclusion within workplaces, Edward Jones committed to engage colleagues in honest dialogue as a tool to create change.
More than 250 Courageous Conversations around diversity, equity and inclusion with approximately 12,000 participants since June 2020.
As of June 2021, 8% of our firm’s financial advisors were people of color and 21% were women, while within our U.S. and Canada home offices’ senior leadership roles, 9% were people of color and 30% were women. We are deeply committed to equitable hiring, training, promotional practices and policies and are actively driving to meet our diverse representation aspirations by the end of 2025.
15%
People of color among U.S. and Canadian financial advisors
30%
Women among U.S. and Canadian financial advisors
20%
People of color and gender parity among leaders in the firm’s U.S. and Canada headquarters
40%
Women among U.S. and Canadian home office general partners
We are committed to equal pay for equal work for our associates. In 2020, we analyzed pay for our U.S. home offices to assess equal pay for equal work across race and ethnicity, gender and gender identity, sexual orientation and military status.
The results of that analysis were encouraging with less than 2% of associates identified as having any kind of gap in pay for work equal to their peers. These identified gaps have been addressed to ensure equal pay for equal work.
Most importantly, our analysis concluded that we employ best practices to ensure that pay decisions are not impacted by bias based on race and ethnicity, gender and gender identity, sexual orientation or military status. Best practices and tools we use to ensure equal pay include routinely benchmarking roles against market comparables, providing transparency of pay grade ranges to our applicants and associates, setting pay ranges for all roles based on skills and experience, and consistent processes for annual merit increases and bonuses.
In 2020, we enhanced our more than decade-long Inclusion and Diversity Week program to become Inclusion and Diversity 365 (I&D 365), a dedicated strategy providing yearlong learning opportunities, programs and experiences highlighting a specific dimension of diversity each month (e.g., Pride, Women’s History, Native American/Indigenous Peoples, Disability Awareness Month).
Our firm has a responsibility to nurture our communities and provide greater opportunity for high-need individuals. In 2020, we committed $1.2 million to continue fostering our 40-year partnership with the National Urban League and Urban League of Metropolitan St. Louis to advance their mission to create self-reliance, social equality and civil rights.
It is important for our associates to feel supported and cared for so they can do the same for our clients. We are committed to supporting our associates’ physical, nutritional, emotional, financial and social well-being, and offering comprehensive benefits and flexible work.
It is important for our associates to feel supported and cared for so they can do the same for our clients. We are committed to supporting our associates’ physical, nutritional, emotional, financial and social well-being, and offering comprehensive benefits and flexible work.
A greater threat than COVID-19, cancer, heart attack and stroke, Alzheimer’s disease is the most feared health condition of later life by U.S. retirees, according to a recent Edward Jones and Age Wave survey. In July 2020, Edward Jones announced the renewal of our five-year strategic alliance, for a total 10-year commitment to raise $50 million by the end of 2025, the largest ever corporate commitment to the Alzheimer’s Association to date.
10-year impact of Alzheimer’s Association strategic alliance by 2025
Estimated number of Edward Jones clients suffering from Alzheimer’s – one in 10 Americans age 65 and up – and nearly triple that are serving as unpaid caregivers
Estimated lifetime cost of Alzheimer’s disease
A greater threat than COVID-19, cancer, heart attack and stroke, Alzheimer’s disease is the most feared health condition of later life by U.S. retirees, according to a recent Edward Jones and Age Wave survey. In July 2020, Edward Jones announced the renewal of our five-year strategic alliance, for a total 10-year commitment to raise $50 million by the end of 2025, the largest ever corporate commitment to the Alzheimer’s Association to date.
10-year impact of Alzheimer’s Association strategic alliance by 2025
Estimated number of Edward Jones clients suffering from Alzheimer’s – one in 10 Americans age 65 and up – and nearly triple that are serving as unpaid caregivers
Estimated lifetime cost of Alzheimer’s disease
Edward Jones’ Financial Fitness program, founded in 2020, is helping younger and high-need populations improve their financial literacy, confidence and resilience. We hope to deliver financial education to more than one million adults and youth – including an estimated 80,000 students – by the end of 2025.
Individuals and 20,000 high school students we aim to help provide financial education to in 2021 to become more financially knowledgeable, confident and resilient
Hours of financial education for individuals including high school students in 2021
Estimated students to receive financial education by the end of 2025, prioritizing high-need schools and maintaining a target knowledge gain of >40%
Edward Jones’ Financial Fitness program, founded in 2020, is helping younger and high-need populations improve their financial literacy, confidence and resilience. We hope to deliver financial education to more than one million adults and youth – including an estimated 80,000 students – by the end of 2025.
Individuals and 20,000 high school students we aim to help provide financial education to in 2021 to become more financially knowledgeable, confident and resilient
Hours of financial education for individuals including high school students in 2021
Estimated students to receive financial education by the end of 2025, prioritizing high-need schools and maintaining a target knowledge gain of >40%
During our firm’s first 100 years, Edward Jones’ founders laid the groundwork for a legacy of sustainability. And for the next 100, the decisions we make will work in service to our planet as much as they do to our clients and colleagues. We are developing a comprehensive approach to environmental sustainability.
As we embark on what we hope will be a standard-setting new framework for Environmental, Social and Governance (ESG), we will set an example for our clients, colleagues and communities by:
As we embark on what we hope will be a standard-setting new framework for Environmental, Social and Governance (ESG), we will set an example for our clients, colleagues and communities by:
The success of Edward Jones’ sustainability efforts depends on its people. Allowing everyone to contribute to and benefit from societal ecosystems and opportunities helps individual clients and members of our communities live with dignity and longevity, which is key to a sustainable future.
The success of Edward Jones’ sustainability efforts depends on its people. Allowing everyone to contribute to and benefit from societal ecosystems and opportunities helps individual clients and members of our communities live with dignity and longevity, which is key to a sustainable future.
Our colleagues demonstrate time and again that when we bring together our collective resources, reach and resolve, we create amazing opportunities for individuals, families and communities to thrive. There’s a lot of great work being done at Edward Jones, by a lot of great people, and more work to do in partnership with nonprofit organizations. By supporting good causes, we bolster their mission and ability to reach underserved stakeholders.
In 2020, Edward Jones gave approximately $25.7 million in philanthropic contributions through our Foundation, corporate donations and from associates. We supported 254 unique organizations across a wide variety of causes to create continued collective impact.
Contributed in 2020 through corporate, Foundation and associate philanthropic support to 254 unique organizations
Donated locally in 2020 through philanthropic contributions to revitalize, nurture and strengthen the St. Louis community
In anticipated philanthropic contributions through 2025 – including $80 million in the Greater St. Louis area
In 2020, Edward Jones gave approximately $25.7 million in philanthropic contributions through our Foundation, corporate donations and from associates. We supported 254 unique organizations across a wide variety of causes to create continued collective impact.
Contributed in 2020 through corporate, Foundation and associate philanthropic support to 254 unique organizations
Donated locally in 2020 through philanthropic contributions to revitalize, nurture and strengthen the St. Louis community
In anticipated philanthropic contributions through 2025 – including $80 million in the Greater St. Louis area
In 2020, there were 416 natural disasters worldwide, but none quite like the COVID-19 pandemic.
The Edward Jones Disaster Relief Fund was created to help our associates and their families recover with resilience when the unexpected strikes, including through COVID-19 disaster relief.
Edward Jones responded on behalf of our associates as well, offering additional benefits to support them and their families through the pandemic.
Distributed in 2020 to associates from associates’ and retirees’ contributions for disaster relief
In 2020, there were 416 natural disasters worldwide, but none quite like the COVID-19 pandemic.
The Edward Jones Disaster Relief Fund was created to help our associates and their families recover with resilience when the unexpected strikes, including through COVID-19 disaster relief.
Edward Jones responded on behalf of our associates as well, offering additional benefits to support them and their families through the pandemic.
Distributed in 2020 to associates from associates’ and retirees’ contributions for disaster relief
Business can be a powerful force for good when companies deeply invest in proactively helping communities address big challenges. By co-creating a strategic plan for our communities, with our communities, starting in our hometown of St. Louis, we are hopeful we are building a model that can be replicated in other communities throughout North America.
Business can be a powerful force for good when companies deeply invest in proactively helping communities address big challenges. By co-creating a strategic plan for our communities, with our communities, starting in our hometown of St. Louis, we are hopeful we are building a model that can be replicated in other communities throughout North America.
Download our Deeply Invested: 2021 Purpose, Inclusion and Citizenship Report using the links below:
To view last year’s second annual report, download our 2020 Corporate Citizenship Report (PDF).