Edward Jones Named to FORTUNE Magazine's Best Companies to Work For List for 12th Year

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Jan 20, 2011, 07:39 ET

ST. LOUIS, Jan. 20, 2011 /PRNewswire/ -- The financial-services firm Edward Jones ranked No. 11 on FORTUNE magazine's "100 Best Companies to Work For 2011" list in its 12th appearance on the prestigious list. Edward Jones also ranked No. 2 for large-sized companies and was the highest ranking financial-services firm.

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Edward Jones' 12 FORTUNE rankings also include top 10 finishes for eight years and consecutive No. 1 rankings in 2002 and 2003 and consecutive No. 2 rankings in 2009 and 2010.

"The fact that we've been on the list for 12 years speaks to the consistency of our business model and our focus of working with individual investors. In addition, our partnership allows us to share the ownership of the firm with those men and women who help us to be successful," said Edward Jones Managing Partner James D. Weddle.

The full list and related stories appear in the Feb. 7 issue of FORTUNE and now at www.fortune.com/bestcompanies.

Currently, Edward Jones has nearly 900 positions available throughout the country, mostly for financial advisor and branch office administrator. Each Edward Jones branch office includes one financial advisor and one branch office administrator who work one-on-one with clients in the communities where those clients live.

To pick the 100 Best Companies to Work For, FORTUNE partners with the Great Place to Work Institute to conduct the most extensive employee survey in corporate America. A total of 311 companies participated in this year's survey. Two-thirds of a company's score is based on the results of the institute's Trust Index survey, which is sent to a random sample of employees from each company. The survey asks questions related to their attitudes about management's credibility, job satisfaction, and camaraderie. The other third of the scoring is based on the company's responses to the institute's Culture Audit, which includes detailed questions about pay and benefit programs and a series of open-ended questions about hiring practices, internal communications, training, recognition programs and diversity efforts.

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 solutions available today.

Edward Jones, which ranked No. 11 on FORTUNE magazine's "100 Best Companies to Work For 2011," 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