Edward Jones Ranks No. 1 in National Survey of Financial Advisors

Firm takes top spot for 19th time

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Dec 04, 2013, 08:00 ET

ST. LOUIS, Dec. 4, 2013 /PRNewswire/ -- For the 19th time, the financial-services firm Edward Jones ranked No. 1 in the WealthManagement.com./ REP. magazine annual survey of the nation's six largest financial services firms. REP. magazine randomly selects financial advisors nationwide and asks them to rank their firms in various categories.

Edward Jones' overall score was 9.5 out of 10 possible points. The firm scored top marks across the board, earning near perfect scores in overall ethics (9.8) and public image (9.7), according to WealthManagment.com.

Edward Jones financial advisors gave the firm some of the highest scores in the technology and training category, scoring high above the other five firms in every sub-category which includes the quality of technology, clarity and online access of client account statements and ongoing training.

"This honor is a testament to the enduring strength of our firm values, our trade-offs and our partnership," said Managing Partner Jim Weddle. "We are guided by a clear mission to serve the serious, long-term individual investor and to provide the best career-long opportunity for financial advisors who take pride in their work and appreciate the importance of the work we do."

According to WealthManagement.com, between Oct. 7 and Nov. 7, 2013, invitations were emailed to print subscribers and advisors from various firms in the Meridian-AIQ database requesting participation in an online survey. By Nov. 7, 2,333 completed responses were received. Financial Advisors rated their current employers on 33 items related to their satisfaction. Ratings are based on a 1-to-10 scale, with 10 representing the highest satisfaction level.

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 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.8 on FORTUNE magazine's "100 Best Companies to Work For 2013," 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.

Contact: Jackie Knolhoff, 314-515-3728, [email protected]

SOURCE Edward Jones