Edward Jones ranks No. 1 in national survey of financial advisorsPublished 8:58pm Wednesday, December 5, 2012
For the 18th time, the financial services firm Edward Jones ranked No. 1 in REP magazine’s annual survey of the nation’s six largest financial services firms, according to local Edward Jones offices managed by Roy Parker, Rod Cantrell, Kelly Crisp and Trey Howdy.
The magazine randomly selects financial advisors nationwide and asks them to rank their firms in various categories.
Edward Jones’ overall score was 9.3 out of 10 possible points. Additionally, 96 percent of respondents said they believe Edward Jones is the best firm to work for in the financial services industry.
“This honor is a testament to the enduring strength of our firm values, our trade offs and our partnership,” said Managing Partner Jim Weddle.
Some of Edward Jones’ highest scores were 9.7 for ethics, 9.3 for clarity of client account statements, 9.5 for client access to online account information and 9.7 for the high quality of the firm’s branch office administrators.
According to REP, between Sept. 6 and Oct. 26, 2012, invitations were emailed to print subscribers and advisors from various firms in the Meridian-AIQ database requesting participation in an online survey. By Oct. 26, 3,402 completed responses were received. Reps 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.
Headquartered in St. Louis, 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. Edward Jones has local offices in Belhaven, Chocowinity and Washington.
In January 2012, for the 13th year, Edward Jones was named one of the best companies to work for by FORTUNE Magazine in its annual listing. The firm ranked No. 5 overall and No. 3 in Large Size Companies. These 13 FORTUNE rankings include top 10 finishes for nine years, consecutive No. 1 rankings in 2002 and 2003, and consecutive No. 2 rankings in 2009 and 2010. FORTUNE and Time Inc. are not affiliated with and do not endorse products or services of Edward Jones.