nominated to be checked for its neutrality . discussion of this nomination can be found on the talk page . april 2009 learn how and when to remove this template message edward d. jones & co. l.p. type partnership industry investment services founded 1922 headquarters des peres missouri united states revenue 6.28 billion usd 2014 number of employees 41 142 2015 parent the jones financial companies l.l.l.p. website www.edwardjones.com edward jones branch office ypsilanti twp mi edward d. jones & co. l.p. since 1995 simplified as edward jones 1 is a financial services firm headquartered in des peres missouri united states and serves investment clients in the u.s. and canada through its branch network of more than 12 000 locations and currently have relationships with nearly 7 million clients and 914 billion asset under management worldwide . 2 the firm focuses solely on individual investors and small business owners . edward jones is a subsidiary 3 of the jones financial companies l.l.l.p. a limited liability limited partnership owned only by its employees and retired employees and is not publicly traded . 4 5 contents 1 business model 2 corporate affairs 3 awards and rankings 4 criticism and controversy 4.1 revenue sharing 4.2 municipal bonds overcharging 5 history 6 references 7 external links business model edit edward jones financial advisors offer commission based and fee based financial products . offices are usually staffed by two associates one financial advisor see financial advisor a licensed broker and one branch office administrator . the one broker per office model allows clients to choose their broker directly and deal with just that broker . this model also allows the firm to open offices in areas and towns where a large office staffed by many brokers would be unprofitable . this model is also the reason citation needed that edward jones currently has the largest number of branch offices among brokerage firms in the united states . corporate affairs edit the company has its corporate headquarters in the city of des peres in st. louis county missouri . 6 7 8 adjacent to the company headquarters is the edward jones south campus located at the intersection of ballas road and manchester road . 9 the edward jones north campus is in an area southeast of the intersection of interstate 270 and dorsett road in the city of maryland heights in st. louis county . 10 edward jones has locations in the united states and canada . the company had offices in the united kingdom for 10 years before selling the division to towry law in 2009 . 11 awards and rankings edit designated the firm with highest in investor satisfaction by j. d. power and associates in 2002 2005 2006 2007 2009 2010 2012 and 2013 . in canada also designated the firm with highest in investor satisfaction by j. d. power and associates in 2006 2007 2008 2013 2014 and 2015 . edward jones ranked no. 1 in the annual smartmoney magazine full service brokerage survey . the firm received high marks in the four categories surveyed by the magazine stock picking customer satisfaction trust and customer statements . named one of the best companies to work for in america by fortune magazine in its annual listing . the firm took the no. 4 spot overall in the ranking 2014 . criticism and controversy edit revenue sharing edit on dec. 22 2004 the securities and exchange commission nasd and the new york stock exchange settled enforcement proceedings against edward jones related to allegations that edward jones failed to adequately disclose revenue sharing payments that it received from a select group of mutual fund families that edward jones recommended to its customers . 12 13 as part of the settlement edward jones paid a 75 million fine . edward jones also agreed to disclose on its public web site information regarding revenue sharing payments including the admission that edward jones receipt of revenue sharing payments creates a potential conflict of interest in the form of an additional financial incentive and financial benefit to the firm its financial advisors and equity owners in connection with the sale of products from these product partners . 14 municipal bonds overcharging edit on aug. 13 2015 the securities and exchange commission required edward jones to pay a 20 million fine because according to the sec edward jones undermined the integrity of the bond underwriting process by overcharging retail customers by at least 4.6 million and by misleading municipal issuers . 15 history edit edward jones was founded by edward d. jones in 1922 . a different edward d. jones was a cofounder of dow jones . 16 edward jones son edward d. ted jones was responsible for the creation of the individual branch network which has spread across rural communities and suburbs throughout the us and canada . the first single broker office was opened by ted and staffed by zeke mcintyre in mexico missouri . ted opened another branch office in pueblo colorado with his brother in law bill lloyd as manager of the multi broker office . when edward d. jones sr. found the teletypewriter line bill he insisted ted either shut the office down or find some way to pay for it . ted jones paid for it by opening one broker offices on either side of the teletypewriter line stretching from st. louis missouri to pueblo colorado . that is why some of the earliest edward jones offices were dodge city hays great bend and manhattan kansas and jefferson city missouri . edward jones investments had the naming rights for the edward jones dome in saint louis missouri . after the st. louis rams decided to move to los angeles edward jones investments exercised its right to terminate its sponsorship and that the facility would once again be known as the dome at america s center . 17 references edit edward jones history . retrieved 2008 08 02 . about edward jones financial advisor jobs financial reports edward jones . retrieved 2014 10 10 . summary of jones financial companies lllp yahoo . retrieved 2014 10 10 . company overview of the jones financial companies l.l.l.p. . retrieved 2014 10 10 . headquarters & campus locations . edward jones . retrieved on august 20 2010 . edward jones 12555 manchester road saint louis mo 63131 . thimangu patrick l. des peres mo. based edward jones brokerage looks to europe for expansion . st. louis post dispatch . november 27 2002 . retrieved on august 19 2009 . st. louis firms make fortune s best workplaces . st. louis business journal . thursday january 22 2009 . modified on tuesday january 27 2009 . retrieved on august 19 2009 . brown elizabeth a. long awaited expansion at edward jones under way . st. louis business journal . may 4 2008 . p. 2 . retrieved on april 5 2013 . brown elizabeth a. long awaited expansion at edward jones under way . st. louis business journal . may 4 2008 . p. 1 . retrieved on april 5 2013 . dunbar joy . edward jones sells uk advisory arm to towry law . retrieved 15 april 2015 . edward jones to pay 75 million to settle revenue sharing charges . sec.gov . 22 september 2004 . retrieved 2013 11 04 . can your edward jones financial advisor really serve your best interests . fool.com . 6 december 2012 . retrieved 2013 11 04 . revenue sharing disclosure information . edwardjones.com . retrieved 2013 11 04 . edward jones to pay 20 million for overcharging retail customers in municipal bond underwritings . sec.gov . 2015 08 13 . retrieved 2015 01 07 . edward jones history what s in a name edward d. jones . retrieved 2008 08 02 . edward jones pulls name from st. louis dome . kansas city business journal . retrieved 22 february 2016 . external links edit missouri portal companies portal official site retrieved from https en.wikipedia.org w index.php title edward jones investments & oldid 740259454 categories brokerage firmscompanies based in st. louis county missouricompanies established in 1922privately held companies based in missouri1922 establishments in missourihidden categories 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