The financial-services firm Edward Jones ranked No. 2 on Fortune magazine’s “100 Best Companies to Work For 2010” list in its 11th year on the prestigious list, according to Greg Dobbs, a financial advisor in Auburn.
Edward Jones also ranked No. 1 for large-sized companies. The full list and related stories appear in the Feb. 8 issue of FORTUNE, available on newsstands Jan. 25 and currently at www.fortune.com/bestcompanies.
Edward Jones’ 11 Fortune rankings include top 10 finishes for eight years and consecutive No. 1 rankings in 2002 and 2003. This is the firm’s second consecutive year in the No. 2 spot.
In naming Edward Jones to the list, Fortune editors said: “The investment adviser weathered the recession without closing one of its 12,615 offices or laying off a single employee. Salaries were frozen, but profit sharing continued.”
“This honor is especially gratifying in the face of the adversity and challenges the financial-services industry has faced the last two years,” Dobbs said. “But we were able to stay focused on the long-term because we are a partnership and we know who we are and what we do. We had no layoffs. We had to make some difficult decisions in terms of cutting back expenses, which we did successfully. But when you respect the people who work here, you take care of them – not just in the good times, but in the difficult times as well.”
Currently, Edward Jones has more than 600 positions available throughout the country. The largest positions open are that of financial advisor and branch office administrator. Each Edward Jones branch office includes one financial advisor and one branch office administrator who work one on one with clients in the communities where those clients live.
The Fortune ranking is one of several important honors based on associate input that Edward Jones has received in recent weeks. In early December, the firm was ranked No. 1 in Registered Rep. magazine’s annual brokerage report card for the 17th consecutive year. Last month, Edward Jones ranked No. 10 among the “50 Best Employers in Canada” in the Globe and Mail’s annual listing in Report on Business Magazine. Over the past year, Edward Jones also has received workplace recognitions from dozens of state publications in the U.S.
