Edward Jones tops REP ranking

For the 18th time, the financial services firm Edward Jones ranked No. 1 in REP magazine’s annual survey of the nation’s six largest financial services firms, according to Eric Tuchscher, financial advisor in Jamestown. The magazine randomly selects financial advisors nationwide and asks them to rank their firms in various categories.

Edward Jones’ overall score was 9.3 out of 10 possible points. Additionally, 96 percent of respondents said they believe Edward Jones is the best firm to work for in the financial services industry.

Some of Edward Jones’ highest scores were 9.7 for ethics, 9.3 for clarity of client account statements, 9.5 for client access to online account information and 9.7 for the high quality of the firm’s branch office administrators.

According to REP, between Sept. 6 and Oct. 26, 2012, invitations were emailed to print subscribers and advisors from various firms in the Meridian-AIQ database requesting participation in an online survey. By Oct. 26, 3,402 completed responses were received. Reps rated their current employers on 33 items related to their satisfaction. Ratings are based on a 1 to 10 scale, with 10 representing the highest satisfaction level.

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