JONES FINANCIAL COMPANIES LLLP

Jones Financial Companies LLLP is the financial holding company for its subsidiary Edward D. Jones & Co., L.P., which is a broker dealer company. The company can trace its history back to 1922, when Edward D. Jones Sr. established the Edward D. Jones & Co. Company, opening its first office in St. Louis. Edward D. Jones & Co. would buy a seat on the New York Stock Exchange in 1941 and reorganize the company into a partnership. The company continued to grow and expand, with Ted Jones expanding the partnership of the company to its workers and the company reaching 200 offices by 1977. By the 1980s, the company would reach its 300th office, reaching its 1,000 office in the same decade. In the 1990s, the company would begin expanding into Canada and begin operations in Ontario, which operates as a separate segment, also reaching its 2,000th office in 1992. By 2008, the company would reach its 10,000th branch. Today the company offers a variety of services including settling municipal bonds, corporate bonds mutual funds, and annuities and selling life insurance, long term care insurance, fixed and variable annuities, and a variety of other products. Jones Financial Companies only offers its investments to individual investors, and the company prides itself in having “financial advisor and one branch office administrator dedicated to working with you” and is the reason why the company has so many branches located in so many locations. The company’s preferred list of mutual fund families includes Invesco, Lord Abbot &Co., MFS Investments, OppenheimerFunds, Hartford Funds, Franklin Templeton Investments, and American Funds. The company currently services approximately 7 million investors with over 12,000 branch offices located in the United States and Canada. Almost all of its investment allocations are in the financial sector with major holdings including Vanguard and iShares.