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Edward Jones serves investment clients in the U.S. and Canada, through its branch network of more than 15,000 locations [7] and 19,000 financial advisors. [8] The company currently has relationships with nearly 8 million clients and $1.8 trillion in assets under management worldwide.
According to the announcement, “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.” The company agreed to “pay $75 million in disgorgement and civil penalties.
Edward David Jones Sr. (July 29, 1893 – October 10, 1982) was an investment banker who founded the company today known as Edward Jones Investments.
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Edward Jones Investments, an investment company (founded 1922, formerly known as Edward D. Jones & Co., L.P.) Edward D. Jones (1893–1982), investment banker, founder of Edward Jones Investments Edward D. "Ted" Jones (1925–1990), his son, businessman and philanthropist
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Edward David "Ted" Jones Jr. (December 18, 1925 – October 3, 1990), the son of the founder of Edward Jones Investments, later ran the firm and built its signature small town brokerage system. He devoted his last years along with his wife Pat Jones to establishing the Katy Trail State Park and the Prairie Fork Conservation Area in Missouri .
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