Edward D. Jones & Co., L.P., since 1995 simplified as Edward Jones is a financial services firm headquartered in Des Peres, Missouri which serves investment clients in the United States and Canada, through its branch network of more than 12,000 locations. The firm focuses solely on individual investors and small-business owners. Edward Jones is a limited partnership owned only by its employees and retired employees and is not publicly traded. Edward Jones financial advisors sell commission-based and fee-based financial products. Offices are usually staffed by two associates: one Financial... Advisor 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 that Edward Jones currently has the largest number of branch offices among brokerage firms in the United States. Edward Jones was founded by Edward D. Jones in 1922.
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