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Edward Jones was the subject of a successful anti discrimination suit from its minority stock brokers. There was an allegation that Edward Jones did not allow minority brokers equal access to support programs and lucrative territories. The company paid out 34 million dollars. [35]
Edward David "Ted" Jones, Jr. (December 18, 1925 – October 3, 1990), the son of the founder of Edward Jones Investments, later ran the firm and built its signature small town brokerage system. He devoted his last years along with his wife Pat Jones to establishing the Katy Trail State Park and the Prairie Fork Conservation Area in Missouri.
Edward D. Jones & Co. In 1922, he founded Edward D. Jones & Co. in St. Louis as a conventional brokerage house. [9] In 1942, Jones paid $21,000 plus $4,000 in transfer fees for a seat on the New York Stock Exchange. [8] In 1943, Edward D. Jones & Co. merged with Whittaker & Co., which was established in 1871 and was then the oldest brokerage ...
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Edward Jones suggests the key is not to pick a single standard rate and stick with it, but to choose one that fits your needs and alter it as your situation and the economic climate shift. The ...
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