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Holmes' Improvement at Edward Jones

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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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Corporate Culture

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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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