Edward Jones Named Top Financial Firm
For the 19th time, the financial services firm Edward Jones ranked No. 1 in WealthManagement.com/REP. magazine’s annual survey of the nation’s six largest financial services firms, according to Frank Shultz, an Edward Jones financial advisor in the Jamestown community. The 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 WealthManagement.com.
“This honor is a testament to the enduring strength of our firm values, our trade-offs and our partnership,” Shultz said. “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.”
Edward Jones financial advisers 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.
According to WealthManagement.com, between Oct. 7 and Nov. 7, invitations were emailed to print subscribers and advisers from various firms in the Meridian-AIQ database requesting participation in an online survey. By Nov. 7, 2,333 completed responses were received. Financial advisers 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.