Edward Jones Financial Advisors Rate the Firm Highest in Overall Satisfaction, According to J.D. Power and Associates

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Oct 22, 2010, 07:01 ET

ST. LOUIS, Oct. 22 /PRNewswire/ -- For the third time, Edward Jones financial advisors rank the firm Highest in Employee Advisor Satisfaction among Financial Investment Firms, according to a newly released study by J.D. Power and Associates.

The J.D. Power and Associates 2010 Financial Advisor Satisfaction Study(SM) ranked Edward Jones Highest in Employee Advisor Satisfaction among Financial Investment Firms. Six financial services firms ranked. This is the third time J.D. Power has conducted the study since 2007.

Edward Jones financial advisors gave the highest satisfaction ratings in six of the eight study factors which placed the firm 193 points ahead of the industry average.

"Because this honor is based upon input from our own financial advisors, we could not be more proud," said Edward Jones Managing Partner Jim Weddle. "The findings demonstrate that our proactive work has kept us focused on our clients' needs first and foremost during turbulent times."

Edward Jones also ranked highest in the 2007 study and tied for the highest ranking in 2008. The study was not conducted in 2009.

"Our branch-office network provides financial advisors with the ability to work independently and allows for a more entrepreneurial spirit," Weddle said. "This independence and the challenging work provided at Edward Jones allow financial advisors to focus their efforts on serving clients and growing their businesses."

Edward Jones provides financial services for individual investors in the United States and, through its affiliate, in Canada. 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 12,000-plus financial advisors work directly with nearly 7 million clients to understand their personal goals -- from college savings to retirement -- and create long-term investment solutions that 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, which ranked No. 2 on FORTUNE magazine's "100 Best Companies to Work For 2010," is headquartered in St. Louis. The Edward Jones Web site is located at www.edwardjones.com, and its recruiting Web site is www.careers.edwardjones.com. Member SIPC.

SOURCE Edward Jones