Edward Jones Ranks No. 5 on FORTUNE Magazine's Best Companies to Work For List

Financial-services firm makes list for 13th year

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Jan 19, 2012, 09:59 ET

ST. LOUIS, Jan. 19, 2012 /PRNewswire/ -- Financial-services firm Edward Jones ranked No. 5 on FORTUNE magazine's "100 Best Companies to Work For 2012" list in its 13th appearance on the prestigious list. Edward Jones also ranked No. 3 for large-sized companies and was the highest ranking financial-services firm.

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Edward Jones also was named No. 2 on the Work-Life Balance list for associates who feel "encouraged to balance their work and personal life."

Edward Jones' 13 FORTUNE rankings also include top 10 finishes for nine years and consecutive No. 1 rankings in 2002 and 2003 and consecutive No. 2 rankings in 2009 and 2010.

"The consistency of appearing high on the FORTUNE Best Companies to Work For list speaks volumes about our workplace because this honor is based upon direct feedback from our associates," said Edward Jones Managing Partner Jim Weddle. "It tells us that in tough times and in good times, Edward Jones continues to be a career destination where we recognize and develop talent and reward hard work. Most of our FORTUNE ranking comes from the responses of randomly selected associates who are asked about their experiences at our firm. The results tell us that we all take continuing pride in our work together on behalf of our clients."

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 1,515 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 280 firms 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 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 is headquartered in St. Louis. The Edward Jones website is located at www.edwardjones.com, and its recruiting website is www.careers.edwardjones.com. Follow Edward Jones on Twitter @EdwardJones. Member SIPC.

SOURCE Edward Jones