Thursday, January 22, 2009

Edward Jones Ranked No. 2 by FORTUNE Magazine Best Companies to Work For List

Named No. 1 for Companies Its Size

ST. LOUIS, Jan. 22 /PRNewswire/ -- The financial-services firm Edward Jones ranked No. 2 on FORTUNE magazine's "100 Best Companies to Work For 2009" list in its 10th year on the prestigious list. Edward Jones also ranked No. 1 for large-sized companies. The full list and related stories appear in the February 2 issue of FORTUNE, available on newsstands Jan. 26 and at www.fortune.com on Jan. 22.

Edward Jones' 10 FORTUNE rankings include top 10 finishes for seven years and consecutive No. 1 rankings in 2002 and 2003.

"We are delighted by this honor and feel especially proud because it is based largely upon associate feedback during these particularly challenging times," said Jim Weddle, managing partner of Edward Jones. "It indicates we are succeeding in our goal to make Edward Jones a career destination."

In naming Edward Jones to the list, FORTUNE editors say that despite the stock market collapse, the firm assured associates it had little to no exposure to high-risk mortgages or financial derivatives and no plans for layoffs. Edward Jones hired nearly 1,000 new financial advisors in 2008.

"It is gratifying to know that Edward Jones is a positive place to work and that it offers opportunity for our associates to grow, develop their talents and contribute," Weddle said. "As we all work together to help serve our clients - serious, long-term individual investors - we thank our associates for their contributions. They help make Edward Jones the unique firm that it is."

To pick the "100 Best Companies to Work For," FORTUNE works with Robert Levering and Milton Moskowitz of the Great Place to Work(R) Institute -- a global research and consulting firm with offices in 30 countries -- to conduct the most extensive employee survey in corporate America.

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