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Feature:

Holmes' Improvement at Edward Jones

  

Feature Contents
Top of Feature

1. Why Ted Jones Didnt Take Edward Jones Public


2. Keeping Up With The....
There really was an Edward Jones. He was a bond trader who in 1922 founded the St. Louis-based firm that now bears his name.


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Why Ted Jones Didn’t Take Edward Jones Public


The reasons given by the son of Edward Jones are humorous, but they represent a larger corporate culture that still exists.
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ed Jones--the son of Edward D. Jones Sr., founder of the financial-services firm that bears his name--wrote the following response when questioned why he was not interested in taking Edward Jones public and becoming a multi-millionaire.

    His rationale is a symbol of the company’s culture that still exists today.

  • I am the richest man in America.

  • I have a wife who loves me in spite of my faults.

  • I have four dogs. Two love only me. One loves everybody. One loves no one, but still is very loyal and follows me everywhere I go on the farm.

  • I have a horse I love to ride around the farm, and best of all she comes to me when I call her.

  • I have too much to eat and a dry place to sleep.

  • I enjoy my business.

  • I love my farm and my home.

  • I have a few close friends, and money has never been my God.

Edward "Ted" Jones
1925-1990


Next Article: 2. Keeping Up With The....
There really was an Edward Jones. He was a bond trader who in 1922 founded the St. Louis-based firm that now bears his name.

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