Cheryl Stallman accepts limited partnership
</element><element id="paragraph-1" type="body"><![CDATA[Cheryl Stallman, a senior branch office administrator at Edward Jones in Chester, IL, has accepted an invitation to increase her limited partnership holdings in The Jones Financial Cos., the holding company for the St. Louis-based financial services firm.
Edward Jones currently employs more than 40,000 associates in all 50 states and through its affiliate in Canada. Under the current partnership offering, 16,000 associates received initial limited partnership offerings or were invited to increase their existing ownership in the firm.
"I am honored to be invited to increase my ownership in the firm," said Stallman. "I enjoy working for Edward Jones, and I am very proud of the way we do business and the way we treat our clients."
James D. Weddle, the firm's managing partner, said, "Edward Jones is employee-owned. We believe one of the best ways to reward outstanding associates is to offer them an opportunity to share in the ownership of the firm they help build. I'm pleased to say that this associate certainly deserves the limited partnership offering."
The Jones Financial Cos. was created in 1987 to enable the firm to expand into new business areas while allowing it to remain a partnership. The Jones Financial Cos. owns Edward D. Jones & Co., LP, which operates under the trade name Edward Jones, EDJ Leasing Co., the Edward Jones Trust Co., and its international financial services subsidiary, Edward Jones Canada.
Edward Jones provides financial services for individual investors in the United States and, through its affiliate, in Canada. Every aspect of the firm's business, from the types of investment options offered to the location of branch offices, is designed to cater to individual investors in the communities in which they live and work. The firm's 12,000-plus financial advisors work directly with nearly 7 million clients to understand their personal goals -- from college savings to retirement -- and create long-term investment solutions that emphasize a well-balanced portfolio and a buy-and-hold strategy. Edward Jones embraces the importance of building long-term, face-to-face relationships with clients, helping them to understand and make sense of the investment options available today.
Edward Jones, which ranked No. 2 on FORTUNE magazine's "100 Best Companies to Work For" in 2010, is headquartered in St. Louis. The Edward Jones web site is located at www.edwardjones.com, and its recruiting web site is www.careers.edwardjones.com. Member SIPC.